Job Description
About Company
nThe company is a financial services firm specializing in lending, credit, and other financing solutions for individuals and businesses.
nJob Description
nKey Responsibilities:
nTo 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.
n1. Financial Reporting & Control
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- Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.n
- Oversee general ledger management, account reconciliations, and financial close processes.n
- Monitor financial controls and ensure adherence to accounting policies and procedures.n
- Provide financial analysis and insights to support business decision-making.n

n2. Ind AS Compliance
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- Ensure compliance with applicable Ind AS requirements and regulatory guidelines.n
- Review accounting treatments for complex transactions and recommend appropriate accounting approaches.n




- Coordinate with auditors and consultants on Ind AS implementation and reporting mattersn
- Keep abreast of changes in accounting standards and assess their impact on the organization.n

n3. Expected Credit Loss (ECL) Management
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- Develop, review, and monitor ECL models and provisioning methodologies.n
- Ensure accurate computation and reporting of ECL provisions in line with Ind AS 109 requirements.n
- Analyze portfolio performance, credit risk indicators, and provisioning adequacy.n
- Collaborate with Risk, Credit, and Business teams for data validation and impairment assessments.n
- Present ECL trends, assumptions, and recommendations to senior management.n

n4. Audit & Compliance
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- Lead statutory, internal, tax, and regulatory audits.n
- Ensure timely closure of audit observations and implementation of corrective actions.n
- Maintain compliance with applicable financial regulat

📌 Financial Controller (Mumbai)
🏢 Corenza
📍 Mumbai