Financial Reporting: Oversee the preparation and consolidation of financial statements, including balance sheets, income statements, and cash flow statements, in accordance with regulatory requirements and accounting standards.
Ensure the accuracy and integrity of financial data and reports, conducting regular reviews and reconciliations to identify and address discrepancies.
Budgeting and Forecasting: Lead the annual budgeting process, working closely with department heads and senior management to develop budgets, forecasts, and financial projections. Monitor budget performance, variance analysis, and financial forecasts, providing insights and recommendations to support decision-making and resource allocation.
Financial Analysis: Conduct financial analysis and performance evaluation, analyzing key financial metrics, trends, and KPIs to assess business performance and identify areas for improvement.
Provide strategic financial insights and recommendations to senior management, supporting business strategy development and decision-making.
Compliance and Regulatory Reporting: Ensure compliance with regulatory requirements, accounting standards, and internal controls in financial reporting and operations.
Prepare and file regulatory reports and disclosures, including RBI returns, tax filings, and statutory audit requirements, in a timely and accurate manner.
Audit Management: Coordinate internal and external audits, liaising with auditors, regulators, and internal stakeholders to facilitate audit processes and address audit findings.
Implement recommendations and corrective actions to improve internal controls, audit processes, and compliance practices.
Treasury and Cash Management : Manage treasury operations, including cash flow forecasting, liquidity management, and investment decisions, to optimize cash resources and mitigate financial risks.
Monitor banking relationships, negotiate terms with financial institutions, and manage debt financing and capital raising activities.
Taxation and Compliance: Ensure compliance with tax laws, regulations, and filing requirements, including direct and indirect taxes (GST, TDS, income tax), liaising with tax consultants and authorities as needed.
Optimize tax planning strategies, identify tax-saving opportunities, and minimize tax liabilities while ensuring compliance with legal requirements.
Team Leadership and Development: Lead and manage the accounting and finance team, providing direction, guidance, and support to achieve departmental goals and objectives.
Foster a culture of excellence, professionalism, and continuous improvement within the finance function, promoting employee engagement and development.
Qualification
Bachelor s degree in accounting, finance, or related field; master s degree or professional certification (e.g., CA, CPA, CMA) preferred.
8+ years of experience in accounting and finance roles, with progressive leadership responsibilities in the financial services industry or NBFC sector.
Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements applicable to NBFCs.
Proficiency in financial analysis, budgeting, forecasting, and financial modeling techniques.
Excellent communication and interpersonal skills, with the ability to communicate financial information and insights effectively to stakeholders.
Leadership and team management skills, with the ability to motivate, inspire, and develop a high-performing finance team.
Analytical mindset with problem-solving abilities, attention to detail, and a commitment to delivering high-quality financial services.
Strategic thinking and business acumen, with the ability to align financial strategies with organizational objectives and drive sustainable growth.