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.
📌 Hiring: Financial Controller (India)
🏢 Corenza
📍 India