Job Description
– Financial Controller

Experience:
10–15 years About CreditSea CreditSea is an RBI-registered, digital-first NBFC operating at scale. Our lending business involves large volumes of disbursals, repayments, collections and financial transactions across multiple products and channels. As we scale our lending operations, we are strengthening our Finance function to establish robust financial controls, ensure accurate financial reporting and build scalable finance processes that support sustainable and profitable growth. The Role We are looking for a hands-on Finance leader who can independently own and strengthen the Finance function at CreditSea. The immediate focus will be to:
• Establish strong financial controls, accounting processes and reporting systems.
• Ensure accurate financial reporting, portfolio accounting and accounting standards compliance.
• Build financial planning, budgeting and forecasting capabilities.
• Drive product-level profitability analysis, cost optimisation and financial discipline.
• Strengthen financial operations, taxation, audit readiness and internal governance. This role requires robust technical accounting knowledge, NBFC experience and commercial acumen. The individual will work closely with the founders and business leadership while building a scalable Finance function. Works closely with: Head of Treasury, Head of Compliance, Business, Credit & Risk, Collections, Product, Technology and Operations teams.

Key Responsibilities
1. Financial Control & Accounting
• Own the Finance & Accounts function, including General Ledger, Accounts Payable, Accounts Receivable, bank reconciliations and financial closures.
• Ensure accurate and timely monthly, quarterly and annual closure of books, including P&L;, Balance Sheet and Cash Flow statements.
• Oversee accounting policies, revenue and expense recognition, provisions, accruals, depreciation, fixed assets and related-party transactions.
• Ensure accurate accounting of disbursals, repayments, interest income, processing fees, charges and write-offs.
• Establish robust reconciliations between the LMS, banking systems, collection platforms and General Ledger.
• Ensure compliance with applicable accounting standards, including Ind AS, and establish strong financial controls to prevent revenue leakage and accounting discrepancies. 2. Lending Finance & Portfolio Accounting
• Oversee financial accounting and reporting of the lending portfolio, including interest income, fees, credit costs and write-offs.




• Monitor asset classification, PAR/NPA, provisioning and bad debt reserves in accordance with applicable RBI guidelines and accounting standards.
• Ensure appropriate provisioning methodologies, including ECL under Ind AS 109, wherever applicable.
• Drive product-wise, channel-wise and portfolio-level profitability analysis covering yields, revenue, credit costs, cost of funds and contribution margins.
• Identify financial discrepancies and revenue leakage across the lending lifecycle.
• Work closely with Credit, Risk and Collections teams to understand portfolio performance and its financial implications. 3. Financial Planning, Analysis & Business Finance
• Lead annual budgeting, financial planning and periodic forecasting in alignment with business objectives.
• Prepare monthly financial performance reports with P&L;, Balance Sheet and Cash Flow analysis, including variance commentary.
• Develop financial dashboards and management reports to provide visibility into business performance and profitability.
• Analyse key lending metrics including disbursals, AUM, yields, cost of funds, credit costs and operating costs.
• Evaluate the financial viability of new products, business initiatives, partnerships and expansion plans.
• Identify opportunities for cost optimisation, improve operating leverage and recommend measures to improve profitability.
• Partner with founders and business leaders to provide financial insights for strategic and operational decision-making. 4. Taxation, Audit & Financial Governance
• Oversee taxation matters, including TDS, GST, tax computations, payments, reconciliations and statutory filings.
• Coordinate statutory, internal and tax audits, address auditor queries and ensure timely closure of audit observations.
• Prepare accurate financial data, schedules and supporting documentation for applicable RBI returns and regulatory submissions, in coordination with the Head of Compliance.
• Establish internal financial controls, approval matrices, delegation of authority and financial governance frameworks.
• Ensure appropriate documentation,



audit trails and compliance with applicable accounting and financial reporting requirements. 5. Finance Operations & Process Excellence
• Oversee vendor payments, procurement finance, employee reimbursements, payroll accounting and budgetary controls.
• Establish robust SOPs, maker-checker controls and approval workflows across financial processes.
• Drive process standardisation, automation and technology utilisation across the Finance function.
• Improve integration and reconciliation between financial systems, banking platforms, LMS and other business systems.
• Build, manage and develop a high-performing Finance & Accounts team. Must Have
• Chartered Accountant (CA) with 10–15 years of relevant experience, preferably in an NBFC, bank, fintech or lending business.
• Strong understanding of NBFC accounting, loan portfolio accounting, asset classification, PAR/NPA monitoring and provisioning.
• Hands-on experience in financial statements, accounting closures, taxation, statutory audits and internal financial controls.
• Strong understanding of Ind AS, particularly Ind AS 109 and provisioning requirements.
• Experience in budgeting, forecasting, financial planning, variance analysis and management reporting.
• Understanding of lending business economics, including yields, credit costs, cost of funds and product profitability.
• Experience in building and managing Finance teams and establishing scalable financial processes.
• Strong analytical, problem-solving and stakeholder management skills. Good to Have
• Prior experience in a digital-first NBFC, consumer lending, personal loans or fintech business.
• Experience managing high-volume disbursement, repayment and collection accounting.
• Exposure to financial modelling, product profitability analysis and business finance.
• Familiarity with ERP/accounting systems, LMS integrations and finance process automation.
• Experience setting up or scaling a Finance function in a growing organisation. Why Join CreditSea? Build and own: Take end-to-end ownership of the Finance function and establish its foundation for the next phase of growth. Business impact: Directly influence financial discipline, profitability and sustainable business growth. Ownership and visibility: Work closely with the founders and leadership team on important financial and business decisions. Opportunity to scale: Build a robust Finance function, processes and team as the organisation scales its lending operations.

📌 Financial Controller (Raipur)
🏢 CreditSea
📍 Raipur