Kinara Capital - AVP - Finance

We have a requirement of AVP Finance with Kinara Capital.

About Company

Kinara Capital is an award-winning social enterprise based in Bangalore addressing the INR 1 Trillion- debt gap between microfinance and commercial capital by providing collateral free loans in the range of Rs.1,00,000 to Rs.20,00,000 for asset finance and working capital to MSMEs. Kinara has 60 offices in 6 states and current staff strength of 600+ people.

JOB DESCRIPTION:

Core Professional Competencies

- Fund Raising

- Strategic Planning

- Corporate Planning, Budgeting & Treasury

- Investor & Lender Reporting

- RBI/Company Law/ All legal Compliances

- Financial Planning and Analysis.

- Operating and Working Capital Management.

- Budget Development, Forecasting and Management, MIS Reporting.

- Handling Audit and Compliance requirements.

- Proficient in Financial Management and handling Corporate Accounts.

- Sound knowledge of Indian Corporate and Taxation Laws.

- Experience working in a Non-Banking Financial Company (NBFC)

- Ability to interact with Board of Directors and various levels of Management and staff.

Job Components/Responsibilities:

Accounts and Finance

- Managing financial administration, ensuring effective internal controls and maintaining integral accounting system and asset management system.

- Review and Finalization monthly / Quarterly / Yearly Accounts.

- Implementing the corporate accounting policies & Process, integrating them with the business/ work processes.

- Implement internal control programs to enhance the quality of business practices and to safeguard the company's assets

- Implement supporting processes to ensure program accounting requirements are met

- Coordinate with Statutory, Internal and Tax Auditors and ensure compliance with various statutes and control parameters and filing of statutory returns.

MIS and Analysis

- Monthly / Quarterly / Yearly Budget vs. Actual Analysis, Highlighting

- Key Variance to top management

- Review and analysis of Segment wise, client wise profitability report for business improvement and strategic decisions

- Generating on-time, quality, custom reports based on requirements of external stakeholders such as bankers, lenders, investors, etc.

- Coordination with Operations teams ensuring control mechanisms are setup for effective monitoring.

Financial Planning

- Preparation and finalization of Annual Operating Plan

- Optimal management of working capital including allocation of funds cross investment options to maximize earnings

- Monthly review of plan, variance analysis and preparation of forecast and revised estimates

- Preparation of various business scenarios for informed decision making of management.

Secretarial and Legal Compliance

- Ensuring compliance with statutory and legal provisions of corporate laws.

Qualifications: - - At least 6-12years experience

- UG - B.com, PG - M.com/ ICWA or equivalent

- Aged below 40yrs

Other Requirements:

- High level of self-motivation, determination and confidence in your abilities.

- Meticulous attention to detail.

- Numeracy and a strong aptitude for mathematics.

- Excellent problem-solving skills and clear logical thinking.

- A keen interest in the financial system combined with excellent commercial awareness.

- Ability to work to deadlines, under pressure, and the willingness to put in the extra hours when needed.

- Ability to work on your own initiative and as part of a team.

- Excellent interpersonal and communication skills, including good presentation and report writing skills.

- Computer Knowledge

Competencies & Best Practices for High Performers:

- High social responsibility & Integrity

- Compliance to policies, rules and regulations

- Belief in Teamwork

- People oriented and Goal oriented.