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Job Description Role: Finance Executive Leasing Operations Creation On: 28/02/2025 Last Updated On: 01/03/2025 Department: Finance Operations Reporting To: Finance Head Employment Type: Full-time Role Overview Role Overview: Finance Executive – Lease Operations The Finance Executive – Lease Operations is responsible for managing the financial aspects of leasing, including credit analysis, lease accounting, and payment processing. This role ensures compliance with financial standards, supports budgeting and forecasting, and collaborates with internal teams to streamline lease operations. Additionally, the role involves preparing financial reports and MIS data to assist in decision-making. Key Responsibilities: 1. Credit Analysis & Risk Assessment Conduct financial due diligence of lessees, analysing key financial ratios, cash flow statements, and credit history. Assess financial risks associated with lease agreements and recommend appropriate mitigation strategies to the leasing business. Evaluate and approve lease applications based on creditworthiness and financial stability. The intellectual property of TVS Mobility Group: Confidential and must not be shared, disclosed, or distributed without prior consent from the OC team. 2. Lease Accounting & Compliance Ensure compliance with IFRS, GAAP, and other relevant financial standards for lease classification (finance and operating leases). Accurately account for lease transactions and maintain proper financial records. Collaborate with auditors to ensure adherence to financial regulations and internal controls. 3. Lease Agreement Management Review and update lease agreements to align with financial and regulatory requirements. Ensure all contracts are documented, signed, and stored systematically for easy retrieval. Work closely with legal and compliance teams to finalize lease documentation. 4. Financial Planning & Analysis Calculate lease payments using financial models incorporating interest rates, asset depreciation, and lease tenure. Assist in budgeting and forecasting lease revenue, providing insights on financial trends and business impact. Prepare and Present periodic financial reports and dashboards for senior management and BU Heads. Support internal and external audits by preparing required financial data and lease- related documentation. Maintain comprehensive MIS reports to track lease portfolio performance. 5. Accounts Payable & Receivable Management Manage lease-related billing, collections, and payments, ensuring timely processing. Resolve customer invoicing and payment-related discrepancies in coordination with the accounting team. The intellectual property of TVS Mobility Group: Confidential and must not be shared, disclosed, or distributed without prior consent from the OC team. Monitor outstanding lease payments and follow up with clients to ensure timely collections. 6. Cross-functional Collaboration Work closely with operations, legal, compliance, and accounting teams to streamline lease execution processes. Provide necessary financial inputs to internal stakeholders for strategic decision- making. Identify areas for process improvement and contribute to enhancing financial workflows. Qualifications & Experience Masters in business administration – Finance & Accounting, CA Inter, CMA Minimum 5 Years of Experience in relevant field with. Proven experience in financial modelling, credit risk assessment, and lease accounting. Working Conditions Work Environment Office-based role with a professional corporate setting. May require coordination with multiple departments, including finance, legal, and operations. Work Hours: Standard business hours (typically 9 AM – 6 PM), with occasional extended hours during financial reporting periods, audits, or regulatory deadlines. Travel Requirements: Minimal travel, primarily for meetings with stakeholders, auditors, or regulatory bodies if required.
