Finance & Accounts Manager - NBFC(Mandatory) - CA - 8-10Yrs

Our client is a newly established, credit focused NBFC committed to enabling access to finance for MSMEs and underserved retail borrowers across India. Our mission is to build a modern, tech-enabled lending platform that delivers responsible credit at scale. 

Role Overview

We are seeking a highly skilled and detail-oriented Finance & Accounts Manager with 7–10 years of experience in the BFSI sector. This is a pivotal role responsible for overseeing the

financial reporting framework, compliance with IND-AS, operational finance, and internal controls. The ideal candidate will bring strong technical expertise, hands-on experience across

core finance functions, and the ability to contribute strategically through budgeting, forecasting, and MIS reporting. This position offers the opportunity to work in a dynamic, fastpaced

environment and engage with senior leadership and external stakeholders.

Key Responsibilities

1. Finance & Accounts Operations

• Oversee month-end and year-end closing processes.

• Manage accounts payable and receivable operations.

• Handle cash receipts, general ledger, payroll, and utility payments.

• Manage treasury operations including cash flow forecasting and budgeting.

• Conduct revenue and expenditure variance analysis.

• Oversee capital and fixed asset reconciliations, tracking, and debt servicing.

2. Financial Reporting & Analysis

• Prepare and consolidate financial statements as per IND-AS.

• Conduct regular MIS and financial reporting for internal and external stakeholders.

• Analyze financial performance including yield, cost of borrowing, and Net Interest Margin (NIM).

• Support strategic business decisions with data-driven insights and portfolio-level analytics.

3. Regulatory & RBI-Specific Financial Compliance

• Ensure compliance with RBI Master Directions, liquidity norms (LCR/ALM), and CRAR requirements.

• Liaise with RBI, statutory auditors, and regulators for inspections and compliance queries.

• Ensure accurate and timely submission of financial disclosures as per IND-AS and RBI norms.

4. Systems, Controls & Compliance

• Participate in ERP implementations (Tally, Oracle, or SAP).

• Implement and monitor financial controls to mitigate risks and ensure compliance.

• Automate reconciliations, workflows, and reporting processes for scalability.

• Compute IND-AS adjustments such as:

o EIR (Effective Interest Rate – Ind AS 109),

o ECL (Expected Credit Loss – Ind AS 109),

o EIS (Effective Interest Spread for derecognized financial assets like PTC/securitization).

• Prepare and track annual operating plans versus actuals.

5. Fund Management & Borrowings

• Manage working capital and coordinate fund drawdowns from lenders and banking partners.

• Track and manage repayment schedules, interest costs, and covenant compliance.

• Oversee securitization & Direct Assignment (DA) accounting, including PTC-related reconciliations and investor reporting.

6. Treasury & ALM Oversight

• Support ALM activities including liquidity planning, maturity profiling, and funding strategy.

• Prepare ALCO reports and collaborate with Risk team for regulatory alignment.

7. Budgeting & Operational Finance

• Lead the preparation of monthly/quarterly budgets for disbursements, collections, and branches.

• Collaborate with business heads to monitor cost-to-income, yields, and operational KPIs.

8. Audit & Governance

• Coordinate internal audits covering lending, expense, and vendor areas.

• Facilitate statutory and RBI audit requirements, and ensure timely closure of audit findings.

Experience Requirements

• Proven expertise in preparing IND-AS financial statements, including both standalone and consolidated accounts.

• Familiarity with IFRS and any prior experience working in Saudi Arabia is an added advantage.

• Hands-on experience across core finance functions including taxation, revenue management, accounts payable/receivable, banking, and treasury.

• Demonstrated ability to prepare MIS and deliver board-level presentations to Directors and Investors.

• Experience in budgeting, forecasting, and financial modeling.

Key Skills

• Proficient in MS Excel and PowerPoint; working knowledge of Office 365 suite.

• Familiar with Tally and ERP platforms such as Oracle or SAP.

• Excellent attention to detail with strong analytical and documentation skills.

• Ability to work independently with minimal supervision and manage multiple priorities effectively. Self-motivated, and adaptable to a fast-paced, multicultural work environment.

• Strong written and verbal communication skills in English.

• High degree of integrity and trustworthiness.