Position: Assistant Manager / Manager – Financial Reporting & Compliance

Department Finance & Accounts

Reporting To Head – Finance / Financial Controller

Job Purpose

To ensure timely and accurate financial reporting, regulatory compliance, month-end book closure, audit coordination, MIS preparation, and process automation initiatives. The role is responsible for maintaining the integrity of financial information and supporting management decision-making through insightful reporting and analysis.

Key Responsibilities

1. Monthly Financial Statement Preparation

- Prepare and finalize monthly financial statements within defined timelines.

- Ensure accuracy, completeness, and compliance with accounting standards.

- Perform financial analysis and variance reviews.

- Coordinate with various departments for closure requirements.

2. Month-End Closing Activities

- Execute month-end closing activities within prescribed timelines.

- Prepare and review: Lease accounting workings, Depreciation calculations, Prepaid expense schedules, Employee benefit provisions (EL, Gratuity, Superannuation)

- Ensure all accounting entries are accurately and timely recorded.

3. Management Information System (MIS) Reporting

- Prepare monthly MIS reports for management.

- Analyze financial performance and key business indicators.

- Highlight variances, trends, and actionable insights.

- Support management with financial data for decision-making.

4. Audit Management

- Coordinate Internal, Statutory, Tax, and other audits.

- Ensure timely submission of audit schedules and information.

- Track and close audit observations within agreed timelines.

- Maintain proper documentation and audit readiness.

5. Regulatory Reporting & Compliance





- Review and submit RBI and regulatory returns within due dates.

- Ensure accuracy and completeness of RBI Returns (DNBS-1,DNBS-3, DNBS-4A/BB

- Liaise with regulators and auditors when required.

6. Process Improvement & Automation

- Drive finance process automation initiatives.

- Ensure system-based depreciation and asset accounting.

- Identify opportunities for efficiency improvement and control enhancement.

7. Learning & Development

- Continuously upgrade accounting, finance, and regulatory knowledge.

- Participate in professional certifications, training programs, and skill enhancement initiatives.

- Stay updated on accounting standards, RBI regulations, and industry practices.

Key Performance Indicators (KPIs)

- Monthly financial statements finalized within T+3 days.

- MIS reports submitted within T+15 days.

- Month-end closing completed within T+1 day.

- Timely closure of audit observations.

- Zero errors/resubmissions in regulatory returns.

- Continuous career development and knowledge enhancement.

Qualification

- CA / CMA / MBA (Finance) / M.Com or equivalent qualification.

Experience

- 4 – 5 years of experience in Financial Reporting, Accounting, MIS, Audit, and Regulatory Compliance.

- Experience in NBFC/BFSI sector preferred.

Required Skills

- Financial Reporting & Finalization of Accounts

- IND AS / Accounting Standards

- RBI Regulatory Reporting

- Audit Coordination

- MIS & Financial Analysis

- ERP Systems (SAP)

- Advanced Excel

- Process Automation & Controls

- Strong analytical and communication skills

Competencies

- Attention to Detail

- Ownership & Accountability

- Time Management

- Problem Solving

- Stakeholder Management

- Continuous Improvement Mindset

- Team Collaboration

📌 Financial Reporting & Compliance - MH - Pune - BACL (India)
🏢 Important Group
📍 India