Finance Lead - NBFC

- The finance manager will be responsible for overseeing the whole finance / accounts department

- The individual will be responsible for monitoring general accounting practices, budgeting, developing internal accounting controls, tracking high-volume corporate client accounts, and building a strong financial team.

Roles and Responsibilities:

- Oversee and manage the general accounting functions, including, but not limited to accounts payable, accounts receivable, general ledger, and taxes

- Initiate, nurture, and close discussions with new investors for supply of debt capital to the NBFC

- Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit

- Engaged in preparation of annual financial statements as per the required accounting standards

- Prepare, review, and analyze financial statements to ensure accuracy and completeness

- Oversees preparation of business activity reports, financial forecasts, and annual budgets

- Supervise and/or manage general ledger accounting functions

- Responsible for tax planning throughout the fiscal year; files annual corporate tax returns

- Presents recommendations to management on short-term and long-term financial objectives and policies

- Ensures compliance with local and state government requirements

- Ensure proper accounting of Direct assignments as per Ind AS 109

- Ensure compliance with RBI regulatory requirements i.e Calculation of CRAR, NIM, etc.

- Income tax assessments and preparation of replies to the IT notices

- Coordination with MIS team for proper recording of interest income on the loan portfolio, preparation of amortization schedule of loan portfolio and borrowings as per effective interest rate method

- Accounting of Securitization, Market linked Debentures, OCPS, and other derivatives

Requirements:

- 6+ years of progressive accounting experience with a portion of it being in a supervisory role

- Excellent verbal and written communication abilities across all levels of the organization

- Advanced Microsoft Excel skills. Experience with other financial systems.

- Functional knowledge of Tally

- Proven work experience as a Financial Accountant or similar role

- Excellent math skills with an attention to detail