Posted By
Posted in
Banking & Finance
Job Code
1407302
About Company:
Propelld is a new age lending startup focusing in the education market doing an annual INR 700cr disbursal, backed by WestBridge Capital (largest in Financial Services space - backers of Axis, HDFC, CIBIL, AU small finance bank, Sharechat, Mamaearth, etc), looking to grow 20x times in the next 3 years to an eventual IPO. Propelld is set to become one of the largest FinTechs in India over the next 3-4 yrs and hence growth and opportunities will be limitless at this role.
More about us at https://bit.ly/3IF1Ek5
Open Position: Finance controller_NBFC Accounting
Location: HQ at HSR, Bangalore
Expected deliverables:
- Lead a team responsible for maintenance of all Finance & Account related activities such as accounting, expense control, taxations, accounts payable, disbursement & collection accounting, pay roll accounting etc.
- Formulation of strategies, policies, and procedures including costing, tax, asset, budget, credit, and cash flow management for NBFC business perspective
- Directs timely and accurate preparation of profit & loss account, balance sheet, standard and management reports (periodic & ad-hoc)
- Preparing details of Income Tax, GST, and other taxes
- Manage the expectations of the stakeholders through providing them monthly MIS, accounts, cash flows statements, investor reporting, and legal compliance reports
- Co-ordinating with Statutory Auditors to ensure smooth audit closures supporting in Loan disbursal process end to end
- Co-ordinating with various stakeholders (Business, Legal & Credit Teams) to ensure timely completion of Loan disbursal process
- Interact with Portfolio team/ Risk team and respond to their requirement in defined TAT
- Accounting on Loan provisioning & NPA in alignment with risk team / RBI guidance
- Ensure daily Collection accounting being done by the finance team in ERP
- Ensure daily reconciliation of collection booked in Business ERP & Accounting software
- Ensure daily completion of book-keeping aspects related to Income accounting
- Build controls and governance within the organization with a robust framework encompassing all departments & functions
- Monthly Financial Reporting including Consolidated Financials, Expected Credit Loss etc
- In depth understanding of accounting standards including Indian GAAP & IND-AS
- Close controls to ensure Regulatory / RBI Compliances with no deviation
Eligibility:
- CA/MBA with 6 + years of relevant experience including in an NBFC (experience in NBFC is a must)
- Strong financial/ investment knowledge
- Strong communication skills/Presentation skills
- Good analytical skills
- Ability to motivate and lead a team
- IT Savvy, should have a working knowledge of MS office/ accounting software
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Posted By
Posted in
Banking & Finance
Job Code
1407302