Posted By
Posted in
Banking & Finance
Job Code
471977
Requirement:
- Chartered Accountant (CA) \ Cost Accountant (ICWAI) with 3 - 4 years of experience in Accounting preferably with Financial Services background
Accounting for Lending granted
- Responsible for accounting/ recording financial aspect of lending business under both IGAAP and under IFRS method of accounting
- Assist in book periodic book closure on the lending side including the Accounting of Non performing loans, Coordination across departments for smooth flow of details needed to book closure
- Supervise and control the bank reconciliation for collections Bank accounts
- Understanding and processing the payout to Dealers for commission, incentives etc.
- Managing the internal and external audits
Reporting & Compliance
- Understanding the RBI regulations with respect to Non-Banking Finance Companies
- Responsible for and/or assist in preparing and submission of various reports/returns required under RBI regulations for NBFC (quarterly returns information, cash transaction report, SMA and Fraud reporting, etc.)
MIS
- Responsible for analysis and preparation of monthly report to management relating to performance of Retail lending
- Responsible for provision of information for parent reporting (monthly/ quarterly and annual)
Systems
- Highlighting the System issues within the Loan Management System and Accounting System
- Getting the System issues sorted out by coordinating with IT and vendor from an accounting, controlling and audit preview
- Assist in automation of processes to reduce the manual effort and make full utilization of system for better controls and MISs
Taxation
- Responsible for accounting, payment, preparation and submission of tax returns including assisting in tax audit
- Highlight potential areas of tax issues and seek resolution
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Posted By
Posted in
Banking & Finance
Job Code
471977