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 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 governance frameworks. 5. Bud
📌 Financial Controller (Maharashtra)
🏢 Corenza
📍 Maharashtra