Role & 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.

Preferred candidate profile

- 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.
- Solid 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.

📌 Financial Controller (Mumbai)
🏢 Corenza
📍 Mumbai