Manager – Finance & Accounts (NBFC)

Job Description:

Role Overview

We are seeking a highly skilled and detail-oriented Finance & Accounts Manager with 7-10years of experience in the BFSI sector. This is a pivotal role responsible for overseeing thefinancial reporting framework, compliance with IND-AS, operational finance, and internalcontrols. The ideal candidate will bring strong technical expertise, hands-on experience acrosscore finance functions, and the ability to contribute strategically through budgeting, forecasting, and MIS reporting. This position offers the opportunity to work in a dynamic, fastpackedenvironment and engage with senior leadership and external stakeholders.

Key Responsibilities

1. Finance & Accounts Operations:

. Oversee month-end and year-end closing processes.

. Manage accounts payable and receivable operations.

. Handle cash receipts, general ledger, payroll, and utility payments.

. Manage treasury operations including cash flow forecasting and budgeting.

. Conduct revenue and expenditure variance analysis.

. Oversee capital and fixed asset reconciliations, tracking, and debt servicing.

2. Financial Reporting & Analysis

. Prepare and consolidate financial statements as per IND-AS.

. Conduct regular MIS and financial reporting for internal and external stakeholders.

. Analyze financial performance, including yield, cost of borrowing, and Net Interest Margin (NIM).

. Support strategic business decisions with data-driven insights and portfolio-level analytics.

3. Regulatory & RBI-Specific Financial Compliance

. Ensure compliance with RBI Master Directions, liquidity norms (LCR/ALM), and CRARrequirements.

. Liaise with RBI, statutory auditors, and regulators for inspections and compliance queries.

. Ensure accurate and timely submission of financial disclosures as per IND-AS and RBInorms.

4. Systems, Controls & Compliance

. Participate in ERP implementations (Tally, Oracle, or SAP).

. Implement and monitor financial controls to mitigate risks and ensure compliance.

. Automate reconciliations, workflows, and reporting processes for scalability.

. Compute IND-AS adjustments such as:

o EIR (Effective Interest Rate - Ind AS 109),

o ECL (Expected Credit Loss - Ind AS 109),

o EIS (Effective Interest Spread for derecognized financial assets likePTC/securitization).

. Prepare and track annual operating plans versus actuals.

5. Fund Management & Borrowings

. Manage working capital and coordinate fund drawdowns from lenders and bankingpartners.

. Track and manage repayment schedules, interest costs, and covenant compliance.

. Oversee securitization & Direct Assignment (DA) accounting, including PTC-relatedreconciliations and investor reporting.

6. Treasury & ALM Oversight

. Support ALM activities including liquidity planning, maturity profiling, and fundingstrategy.

. Prepare ALCO reports and collaborate with Risk team for regulatory alignment.

7. Budgeting & Operational Finance

. Lead the preparation of monthly/quarterly budgets for disbursements, collections, andbranches.

. Collaborate with business heads to monitor cost-to-income, yields, and operational KPIs.

8. Audit & Governance

. Coordinate internal audits covering lending, expense, and vendor areas.

. Facilitate statutory and RBI audit requirements, and ensure timely closure of audit findings.

Experience Requirements

. Proven expertise in preparing IND-AS financial statements, including both standalone andconsolidated accounts.

. Familiarity with IFRS and any prior experience working in Saudi Arabia is an addedadvantage.

. Hands-on experience across core finance functions, including taxation, revenuemanagement, accounts payable/receivable, banking, and treasury.

. Demonstrated ability to prepare MIS and deliver board-level presentations to directors andinvestors.

. Experience in budgeting, forecasting, and financial modeling.

Key Skills

. Proficient in MS Excel and PowerPoint working knowledge of Office 365 suite.

. Familiar with Tally and ERP platforms such as Oracle or SAP.

. Excellent attention to detail with strong analytical and documentation skills.

. Ability to work independently with minimal supervision and manage multiple priorities

effectively. Self-motivated and adaptable to a fast-paced, multicultural work environment.

. Strong written and verbal communication skills in English.

Work Timings:

9.00 AM to 6.00 PM
Monday through Friday