The role in a gist:

In this role, you will handle loan-portfolio accounting under Ind AS 109, preparing EIR and transaction cost amortization schedules for the loan book. You will interpret commercial terms in vendor and partner agreements to ensure correct accounting treatment. Day-to-day work involves managing large loan-level datasets in Excel and Tally or an ERP, along with reconciliations and close coordination with business, operations and partner teams.

Key Responsibilities

Loan origination cost amortization

- Review expense ledgers at transaction and vendor level to identify costs directly attributable to loan origination, such as marketing, sourcing, call centre, channel partner and marketplace costs, in line with Ind AS 109.
- Reclassify identified costs to the appropriate cost heads and record the related reclassification entries.
- Map costs to disbursements by channel, vendor and campaign using disbursement and lead data, separately for on-book and off-book loans (variabilization).
- Prepare and maintain amortization schedules under the EIR method, including the treatment of prepayments, foreclosures and write-offs.
- Record monthly amortization entries, and reconcile ledger balances with amortization workings at vendor level.
- Interpret performance-linked vendor and partner agreements (e.g. commission on disbursements,



expenses paid on the partner's behalf and adjusted against invoices), and compute amounts payable or recoverable.
- Prepare marketing and processing cost MIS, including projections of expected costs and their EIR impact.
- Maintain a master record of agreements, invoices and approvals, and coordinate with marketing, business and operations teams.
- Prepare schedules and support internal, statutory and tax audits for amortization.
- Contribute to the automation of amortization and reconciliation workings.

Qualifications & Experience

- B.Com/M.Com or CA Inter / semi-qualified CA, with 4–6 years of experience in accounting at an NBFC, bank or fintech.
- Working knowledge of Ind AS 109, particularly EIR and transaction cost amortization.
- Experience in preparing amortization schedules for a loan portfolio.
- Ability to interpret commercial terms in vendor and partner agreements.
- Advanced Excel proficiency (pivot tables, lookups; Power Query an advantage) for handling large transaction-level and loan-level datasets; working knowledge of Tally or an ERP.
- Solid reconciliation skills and the ability to work with business, operations and partner teams.
- Exposure to NBFC lending or audit of financial services entities preferred.

📌 Senior Executive - Accounts (Mumbai)
🏢 FlexiLoans
📍 Mumbai