Khatabook - Manager/Senior Manager - Corporate Finance - Lending Segment - CA (4-8 yrs)

Are you passionate about solving roadblocks & challenges faced by MSMEs in India ?

- MSMEs contribute significantly to India's total GDP.

- 90% of India's ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs).

- Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country.

- We at Khatabook, have a vision to empower MSMEs and help them increase their incomes.

- We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow.

- Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior.

- Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.

Why work with us :

- People are our biggest asset! At Khatabook, every one of us is a dynamic superstar.

- We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground.

- We're a strong team that looks out for each other.

Your role :

- We, at Khatabook are looking to hire a Senior Manager - Corporate Finance (Lending & GAAP Management).

- If you want to tackle hard and interesting problems at scale and create an impact within an entrepreneurial environment, this is the place for you.

What would you do at Khatabook :

- Lead a team of 3-5 members responsible for Financial Reporting, Audits, Monthly MIS, ROC compliance etc.

- Lead operations, calculations, revenue & NPA reporting for Lending & Insurance business.

- Formulate, establish, and maintain accounting policies, procedures, and systems to ensure accurate reporting for Lending and Insurance business.

- Ensure timely closure of books every month.

- Ensure compliance with RBI regulations and reporting.

- Ensure adequacy of NPA provisions.

- Ensure compliance with internal SOP for FLDG payouts, Lender recons and Lender receivables.

- Ensure that financial ratios are monitored regularly and are in line with regulatory requirements.

- Ensure compliance with Ind AS/IGAAP for all group entities.

- Close quarterly/annual Financial Statement within timelines and ensure compliance with relevant statute.

- Front end all audits and ensure timely closure.

- Systems & Processes would be an integral part of the role; ability to set up/automate systems and establish robust and scalable processes with the appropriate risk mitigation.

- Support the organisation in creation of risk management framework.

- Lead commercial negotiations with lenders and review agreements from commercial standpoint.

- Review effectiveness of controls in relation to IFC compliances (IC role).

- Ensure timely and accurate compliance with ROC requirements (IC role).

- Mentor team members and guiding them in meeting team's objective.

What are we looking for :

- CA with 4-8 years of experience.

- Experience of leading team of 3-5 members.

- Experience in a NBFC controllership team or experience of auditing a NBFC/Bank client.

- Practical exposure to Lending Business.

- Good understanding of NBFC compliances.

- Ability to understand complex calculations.

- Practical knowledge of Ind AS and IGAAP.

- Experience of setting up IFC framework.

- Excellent communication and stakeholder management skills