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Manager - Business Accounting - Finance and Accounts - Mumbai - Lodha (I-Think Techno Campus)

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  • Posted 6 days ago
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Job Description

Job Description

Main Accountabilities

1. Business Accounting & Revenue Recognition

. Execute accounting for lending portfolios across retail and corporate businesses
. Ensure accurate revenue recognition, exempt income tracking, and technical write-offs
. Support product-level accounting across systems (FinnOne, Bancs, Credence, LAMS, etc.)

2. ECL, EIR & Asset Quality Support

. Support Expected Credit Loss (ECL) monthly provisioning workings
. Assist in Effective Interest Rate (EIR) computation and amortization
. Validate NPA classification, provisioning, and off-balance sheet exposures

3. System Reconciliation & Data Integrity

. Perform reconciliations across LMS (FinnOne/Bancs), SAP (ECC6/R3), and Hyperion
. Ensure accuracy in trial balance uploads and financial data flows
. Identify and resolve discrepancies across systems

4. Financial Reporting & MIS

. Prepare financial schedules for reporting packs for consolidation
. Support submission of financial data for group reporting (Tata Sons FFC packs)
. Assist in standalone and consolidated financial reporting

5. Regulatory Reporting (RBI / NHB)

. Prepare data and workings for regulatory submissions
. Improve automation and validation controls in regulatory reporting
. Ensure compliance with RBI / NHB reporting requirements

6. Audit and Compliance Support

. Facilitate statutory, internal, RBI, and IFC audits

. Provide reconciliations, data, and supporting documentation

. Resolve audit observations and maintain robust audit trails

7. Systems & UAT Management

. Support UAT for system enhancement and new product launches

. Monitor production issues and coordinate with IT teams
. Ensure integrity and smooth functioning of accounting systems

8. Process Automation & Improvement

. Identify automation opportunities in accounting and reporting processes
. Drive initiatives in reconciliation, DPD reporting and MIS automation
. Improve efficiency and reduce manual intervention

9. Data Governance & Master Management

. Support master data maintenance (e.g., UCIC, product mapping)
. Ensure consistency and accuracy of financial data across systems
. Strengthen data governance controls impacting financial reporting

Qualifications & Experience

. 1-2 years experience in Business Accounting / NBFC Finance
. Strong understanding of lending products and accounting flows
. Experience with systems like SAP, FinnOne, Bancs, Hyperion
. Knowledge of ECL / EIR / NPA basics and RBI reporting
. Strong analytical and reconciliation skills
. CA preferred

Competencies:

  • Ownership
  • Boundaryless Behaviour
  • Cost Consciousness

Functional Competencies

  • IND-AS 109
  • Regulatory Reporting & RBI Compliance
  • Financial Controls
  • Asset Quality Analytics
  • Financial Planning & Analysis
  • Data Analytics / Automation

Key Decisions taken

. Validation of accounting entries and reconciliation outputs
. Identification and escalation of system/data discrepancies
. Prioritization of reporting and compliance timelines
. Resolution of accounting and reporting issues

More Info

About Company

Job ID: 153301329

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Skills:

Microsoft ExcelHyperionIND AS 23data analytics toolsIND AS 38IND AS 16IND AS 116

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