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20/02 Sonia Naik
HR at Propelld

Views:1429 Applications:281 Rec. Actions:Recruiter Actions:50

Propelld - Associate Director/Director - Finance & Accounting (6-15 yrs)

Bangalore Job Code: 1222968

Associate Director/Director - Finance & Accounting NBFC


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:

Associate Director/Director-Finance_NBFC Accounting

Location: HQ at HSR, Bangalore

Expected deliverables:

- Lead a team of [ ]+ people 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

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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