About Company

The company is a financial services firm specializing in lending, credit, and other financing solutions for individuals and businesses.

Job Description

Key Responsibilities:

To oversee financial control, reporting, compliance, and governance activities with a robust 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 gove

📌 Financial Controller (Mumbai)
🏢 Corenza
📍 Mumbai