12 Sep
|
Corenza
|
Maharashtra
12 Sep
Corenza
Maharashtra
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 solid 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 b
📌 Financial Controller (Maharashtra)
🏢 Corenza
📍 Maharashtra