Finance Controller - NBFC

Key Responsibilities: To oversee financial control, reporting, compliance, and governance activities with a strong focus on Indian Accounting Standards (Ind AS), Expected Credit Loss (ECL) provisioning, financial reporting, audits, and internal controls. 1. Financial Reporting & Control: - Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements. - Oversee general ledger management, account reconciliations, and financial close processes. - Monitor financial controls and ensure adherence to accounting policies and procedures. - Provide financial analysis and insights to support business decision-making. 2. Ind AS Compliance: - Ensure compliance with applicable Ind AS requirements and regulatory guidelines. - Review accounting treatments for complex transactions and recommend appropriate accounting approaches. - Coordinate with auditors and consultants on Ind AS implementation and reporting matters. - Keep abreast of changes in accounting standards and assess their impact on the organization. 3. Expected Credit Loss (ECL) Management: - Develop, review, and monitor ECL models and provisioning methodologies. - Ensure accurate computation and reporting of ECL provisions in line with Ind AS 109 requirements. - Analyze portfolio performance, credit risk indicators, and provisioning adequacy. - Collaborate with Risk, Credit, and Business teams for data validation and impairment assessments. - Present ECL trends, assumptions, and recommendations to senior management. 4. Audit & Compliance: - Lead statutory, internal, tax, and regulatory audits. - Ensure timely closure of audit observations and implementation of corrective actions. - Maintain compliance with applicable financial regulations and reporting requirements. - Strengthen internal controls and governance frameworks. 5. Budgeting & MIS: - Support annual budgeting, forecasting, and financial planning exercises. - Prepare management reports, board presentations, and financial dashboards. - Monitor key financial metrics and variance analysis. 6. Team Management: - Lead and mentor finance and accounting team members. - Establish performance standards and ensure continuous process improvement. - Drive automation and efficiency initiatives across finance operations. Key Skills & Competencies: - Strong knowledge of accounting principles, taxation, and financial regulations. - Exposure to RBI regulations and financial services compliance requirements. - Experience presenting financial results and provisioning analysis to senior leadership and auditors. - Proficiency in accounting software (SAP, Tally, Oracle, or similar ERP systems). - Excellent analytical, problem-solving, and negotiation skills. - Strong communication and stakeholder management abilities. - Attention to detail and ability to handle high-volume transactions. - Ability to work in a team and work under tight deadlines.