Manager/Senior Manager - Loan Accounting - NBFC

Company : Leading NBFC

Role : Loan Accounting

Designation : Manager/ Senior Manager

Location : Mumbai Powai

Qualification : CA/ MBA

Experience : 2 - 12 Years

Job Role :

- Review the entity level Trial Balance and Balance Sheet Schedules.

- Review of Loan Accounting Schedules, Ageing and ensure closure of open items.

- Assist in Income Analysis and preparing product profitability of Unsecured and Secured Products.

- Handling the Statutory and Internal audits for Loan Accounting process.

- Review of Assignment and Securitization deal related accounting processes.

- To do a detail monthly review of the GL balances and raises issues if any. Take all the issues to closure and maintain the detailed issue tracker.

- Define the complete set of accounting entries in the Loan Management system for the new product.

- To track control at various stages of product life cycle after going through the product program.

- Verify product maintenance made by operations and confirm on the correctness.

- Tracking all the enhancements in system required from Fincon on loan accounting.

- Maintain monthly issue tracker. Lead the monthly meeting with Tech & Ops to discuss the issues raised during the month and track the issues till the root cause is permanently fixed.

- Periodic UAT of the standard reports based on customer based GL codes.

- Manage the GL maintenance , validate income computation and perform sampling to ensure no revenue leakages.

- Validation of manual entries & verification of rectification entries passed in LMS