IndusInd Bank - Finance Head - Unsecured Business

JOB PURPOSE / ROLE:

To directly manage all the financial reporting to business units. Management of P&L and its reporting to consumer banking finance head. Responsible for monthly, quarterly and yearly provisioning of cost and it reporting. Keeping track of financial authority matrix of staff. Also responsible for RBI audits and other internal audits.

AUTHORITY & DECISION MAKING:

Key decisions having significant impact on the functions of unsecured business. The jobholder will have the authority to take key decisions in respect of financial matter of unsecured business in consultation with respective business heads.

KEY INTERACTIONS:

Internal

- Executive management of unsecured business

- Cards, PL and Corporate business head

- Performance and Analytics

- Operations and Accounts

- Finance unit of consumer bank

- Compliance / Legal / Risk

External

- Card Networks

- Auditors

- RBI

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & OTHER SKILLS:

Minimum Qualifications:

Bachelor degree in business administration, economics, finance or equivalent

Minimum Experience:

8 - 10 years- relevant experience in Retail Banking or Digital lending business.

Knowledge, & Other skills:

- Credit card product knowledge.

- Financial understanding, P&L

- Analytical and numerical skills

- Communication and Presentation skills

- Understanding of credit processes and policies

- Communication skill & Project Management

KEY ACCOUNTABILITIES:

- Ensure accuracy and timeliness of reporting the financial numbers

- Maintain close control on forecast / plan numbers and all deviations along with variance analysis to be highlighted to Business for timely action

- Periodic analysis on the financial & non-financial numbers to highlight any abnormal movement along with reasons for the same

- Work with Business towards achieving overall profitability goals

- Ensure all Tax related requirements and details are made available to ensure correct calculation and payment of the Tax liability

- Provide support and analytical guidance to business to proactively assist in decision making and investment planning

- Advise business on actionables to ensure optimum performance with all network partners

- Act as liaison for Business in all internal and external audit / compliance matters

- Proactively investigate and report on financial opportunities and make recommendations for process changes and re-engineering

- Provide neutral view on any difference arising between initiatives

- Prepare MIS statements and reports timely and accurately of the unit for which person is responsible for.