Qualification: CA / CA Inter / ACCA / MBA Finance / relevant finance qualification
Key Responsibilities
Experience in NBFC accounting, revenue assurance and financial reporting.
Review and accounting of interest income, processing fees, foreclosure charges, penalties, commission and other NBFC revenue streams.
Solid understanding of Ind AS 109 – Financial Instruments, including EIR, loan accounting, interest accruals and ECL.
Exposure to Ind AS 115 – Revenue Recognition and assessment of revenue contracts.
Perform revenue reconciliation, variance analysis, ledger scrutiny and balance sheet reconciliations.
Review loan portfolio, receivables, provisions, write-offs and recoveries.
Support financial statement audit/assurance assignments for NBFC and financial services clients.
Test key controls around revenue, lending, collections and financial reporting.
Identify accounting gaps, process risks and control deficiencies and recommend remediation.
Prepare audit/assurance working papers and coordinate with client finance and operations teams.
Key Skills NBFC Accounting | Revenue Assurance | Ind AS 109 | Ind AS 115 | EIR | ECL | Loan Accounting | Interest Income | Revenue Recognition | Financial Reporting | Reconciliation | Audit & Assurance Preferred: Prior experience with Big 4/consulting firms, NBFCs or BFSI clients .