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29/08 Sangeetha Joseph
HR Consultant at Angel & Genie

Views:3962 Applications:157 Rec. Actions:Recruiter Actions:15

Vice President - Finance - NBFC (8-12 yrs)

Bangalore Job Code: 737466

Our client is an (NBFC), a Bangalore based social business that provides loans in the range of Rs.1 Lakh to Rs 20 Lakhs to micro and small enterprises (MSMEs).


Our client has 90+ Branches in 6 states and current staff strength of 1000 people.

Our client is looking for "VP Finance" based out in Bangalore.

Job Description :

Title : VP Finance

Team : Finance

KEY SKILLS :- FINANCE AND BUDGETING.

Purpose of Job : Planning and Managing financial administration of the company

Job Components/Responsibilities :

Core Professional Competencies :

- Fund Raising as required.

- Treasury management.

- 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.

Key Functional 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 8-12 years experience

- MBA/CA/ 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.

Team : Finance and Accounts

Report to : CFO

Women-friendly workplace:

Maternity and Paternity Benefits

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