Role Purpose:

The Finance Manager will be responsible for managing core finance activities of Jai Finance, including financial reporting, accounting, regulatory compliance, taxation, reconciliations, audit and MIS, with a strong focus on NBFC requirements.

Key Responsibilities:

1. Financial Accounting & Reporting:

- Manage day-to-day finance and accounting activities.

- Ensure accurate monthly financial closure.

- Prepare and review P&L, Balance Sheet and Cash Flow.

- Prepare monthly MIS and management reports.

- Monitor expenses and budget vs. actuals.

2. NBFC Finance & Regulatory:

- Ensure finance-related NBFC/RBI requirements are completed on time.

- Support preparation and submission of RBI returns.

- Ensure appropriate accounting of loans, interest income, provisions, NPA and write-offs.

- Maintain required regulatory and financial records.

3. Treasury & Borrowings:

- Coordinate with Treasury for daily cash and liquidity reporting.

- Maintain borrowing, interest and repayment schedules.

- Monitor lender obligations and interest payments.

- Support ALM and liquidity reporting.

4. Reconciliation & Controls:

- Ensure timely bank reconciliation.

- Reconcile LMS/loan portfolio with books of accounts.

- Review disbursement and collection reconciliation.

- Strengthen financial controls and identify discrepancies.

5. Taxation:

- Coordinate GST, TDS and income-tax compliances.

- Review tax reconciliations and payments.

- Coordinate with tax consultants.

6. Audit:

- Coordinate statutory and internal audits.

- Provide audit schedules and supporting documents.

- Track and close audit observations within agreed timelines.

7. Co-Lending / Partner Accounting:

- Support accounting and reconciliation of co-lending transactions.

- Review partner settlements, collections and disbursements.

- Ensure timely reconciliation with lending partners.

Key Deliverables:

- Timely monthly financial closure

- Accurate financial and management MIS

- Timely RBI/regulatory reporting

- Bank and loan portfolio reconciliation

- Timely tax compliance

- Audit observation closure

- Borrowing and interest tracking

- Accurate financial controls and records

Qualification & Experience:

- CA - Mandatory

- 5 - 8 years of relevant experience.

- Experience in NBFC / Banking / Financial Services preferred.

- Strong Excel and financial reporting skills.

- Knowledge of RBI/NBFC accounting, taxation and regulatory requirements.

Key Competencies:

- Strong financial and analytical skills

- Attention to detail

- Good understanding of NBFC operations

- Ownership and accountability

- Strong coordination and communication skills

- Ability to work independently in a fast-growing NBFC environment