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 solid 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.
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- Oversee general ledger management, account reconciliations, and financial close processes.
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- Monitor financial controls and ensure adherence to accounting policies and procedures.
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- Provide financial analysis and insights to support business decision-making.
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n2. Ind AS Compliance

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- Ensure compliance with applicable Ind AS requirements and regulatory guidelines.
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- Review accounting treatments for complex transactions and recommend appropriate accounting approaches.
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- Coordinate with auditors and consultants on Ind AS implementation and reporting matters
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- Keep abreast of changes in accounting standards and assess their impact on the organization.
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n3. Expected Credit Loss (ECL) Management

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- Develop, review, and monitor ECL models and provisioning methodologies.
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- Ensure accurate computation and reporting of ECL provisions in line with Ind AS 109 requirements.
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- Analyze portfolio performance, credit risk indicators, and provisioning adequacy.
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- Collaborate with Risk, Credit,



and Business teams for data validation and impairment assessments.
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- Present ECL trends, assumptions, and recommendations to senior management.
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n4. Audit & Compliance

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- Lead statutory, internal, tax, and regulatory audits.
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- Ensure timely closure of audit observations and implementation of corrective actions.
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- Maintain compliance with applicable financial regulations and reporting requirements.
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- Strengthen internal controls and governance frameworks.
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n5. Budgeting & MIS

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- Support annual budgeting, forecasting, and financial planning exercises.
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- Prepare management reports, board presentations, and financial dashboards.
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- Monitor key financial metrics and variance analysis.
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n6. Team Management

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- Lead and mentor finance and accounting team members.
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- Establish performance standards and ensure continuous process improvement.
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- Drive automation and efficiency initiatives across finance operations.
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nKey Skills & Competencies:

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- Strong knowledge of accounting principles, taxation, and financial regulations.
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- Exposure to RBI regulations and financial services compliance requirements.
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- Experience presenting financial results and provisioning analysis to senior leadership and auditors
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- Proficiency in accounting software (SAP, Tally, Oracle, or similar ERP systems).
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- Excellent analytical, problem-solving, and negotiation skills.
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- Strong communication and stakeholder management abilities.
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- Attention to detail and ability to handle high-volume transactions.
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- Ability to work in a team and work under tight deadlines.
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📌 Financial Controller (Mumbai)
🏢 Corenza
📍 Mumbai