Group Manager - Finance Controllership

Group Manager - Finance Controllership

About Navi

Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

Founders: Sachin Bansal & Ankit Agarwal

Know what makes you a Navi_ite :

1.Perseverance, Passion and Commitment

Passionate about Navi's mission and vision

Demonstrates dedication, perseverance and high ownership

Goes above and beyond by taking on additional responsibilities

2.Obsession with high quality results

Consistently creates value for the customers and stakeholders through high quality outcomes

Ensuring excellence in all aspects of work

Efficiently manages time, prioritizes tasks, and achieves higher standards

3.Resilience and Adaptability

Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility

Roles and Responsibilities : The Finance Controller will be responsible for Navi Technologies Limited (NTL) and Navi Finserv Limited (NFS). The role involves overseeing the financial operations of the company, ensuring compliance with RBI regulations, and driving efficiency in financial reporting and analysis.

Key responsibilities are as under:

Financial Reporting and Analysis:

Work on monthly, quarterly, and yearly closure of books of accounts, MIS and reporting to investors and other stakeholders as needed

Conduct financial analysis and provide insights on financial performance, variances from Budgets Ensure compliance with Ind AS and other reporting requirements

Ensure compliance with RBI regulations and review of RBI reports

Manage multi entities set up for accounting and reporting

Internal Controls and & System Developments:

Enhance the financial systems, internal control policies and procedures to ensure the integrity of financial information

Ensure compliance with Accounting and Auditing requirements of internal controls

Enhancing system reconciliations to ensure financial integrity

Strive for continuous improvement in systems and integrations, and work on automation to improve systems. Past ERP implementation experience is a great advantage.

Team Leadership and Development:

Lead and mentor the large (14 member) qualified team of finance

Foster a collaborative and high-performance work environment.

Conduct performance evaluations and identify training and development needs.

Partner with business leaders and peers to drive the organization goals.

External Stakeholder Management

Work with the Statutory and Internal Auditors (Big4s) effectively and implement the changes, and communicate the outcomes to the business stakeholders

Act as a primary point of contact analysts and other team members of investors for tactical data requirements and query resolutions

Primary contact for all lenders and financing partners for data submissions and financing line renewals.

Working with due diligence partners to ensure that diligence reports are free from any material negative remarks.

Skills and Qualifications:

Education: Qualified Chartered Accountant

Experience: Minimum 10 - 12 years of experience with exposure to working in consulting (Big 4) and mid-size but fast-paced companies.

Experience of working in startups is a plus but not the must! Should have at least 6 years of experience in managing and developing a team.

Strong knowledge of financial reporting requirements including Ind AS

Proficiency in accounting software and ERP systems (e.g. Oracle, SAP) is an advantage

Excellent analytical, problem-solving, and decision-making skills.

Strong leadership and team management abilities.

Effective communication and interpersonal skills.

High attention to detail and accuracy.

Ability to deal with external and internal stakeholders

Ability to work in fast fast-paced environment with tight deadlines and limited clarity

Ability to multitask and reset priorities quickly!