Job Description

About Balancehero – Balancehero India Pvt. Ltd. (BHI), the wholly-owned subsidiary of Balancehero Co. Ltd., Korea which runs and operates the mobile app “True Balance”- a one-stop destination for financial services.” Founded by Charlie Lee in Korea in 2014, Balancehero started its operations in India in the year 2016. It started off as a balance check application and the company has expanded its business model to financial services. The company aims to build a financial platform for the next billion which set the context for loans, utility services, pay later services, and commerce services. The Company's wholly-owned subsidiary True Credits Private Limited, is a licensed NBFC that aims to bridge the financial gap in India by making Finance available for all. True Credits lends through the True Balance mobile application. About True Balance Owned and operated by BalanceHero Group, True Balance is an RBI authorized Prepaid Payment Instrument (PPI) issuing entity. It offers loans through its subsidiary and RBI licensed Non-Banking Financial Company - True Credits Private Limited and other RBI licensed partners. Founded in 2016, as a mobile app for users in India to efficiently manage their phone calls and data usage, True Balance is now India’s one of the top financial services platforms providing solutions to all the financial needs of its users - from obtaining instant loans, paying utility bills to do prepaid recharges seamlessly. To date, True Balance has raised more than US$84 million in equity funding from marquee global investors like Softbank, Naver, and Line to name a few. The company aims to become the go-to financial services platform for the next billion people in India, playing a key role in the nationwide push towards the goal of Digital India and advancing financial inclusion amongst the unbanked and underbanked people. https://www.truebalance.io/ About True Credits Established in 2019, True Credits is the RBI licensed NBFC that provides innovative financial services to empower the next billion unbanked users. They cater to the personal and business needs of consumers by providing fast and hassle-free finance. True Credits is focused towards unbanked users who have created a huge demand for instant credit services in India. About the Role: We are looking for a strategic and hands-on Finance Controller to lead financial operations in our fast-growing digital lending business. You’ll play a key role in driving financial strategy, ensuring regulatory compliances, and enabling scalable growth. The ideal candidate brings deep financial acumen, experience in fintech or lending, and a proactive, data-driven mindset. Key Responsibilities: 1. Financial Reporting & Compliance: Ensure accurate, timely, and compliant financial reporting as per IND-AS, Companies Act, and RBI NBFC norms. Lead the statutory, internal, and tax audit processes; coordinate with external auditors and regulatory bodies. Own the monthly, quarterly, and annual closing processes and financial consolidations. 2. Regulatory Oversight (RBI & Others): Oversee all RBI reporting requirements including returns, support inspections, and ongoing compliance updates. Collaborate with legal and compliance teams to ensure alignment with NBFC regulatory frameworks and changes. 3. Taxation: Manage direct and indirect taxation (GST, TDS, income tax), including filings, reconciliations, and assessments. Drive tax planning initiatives to ensure efficiency and compliance. 4. Financial Planning & Analysis (FP&A): Actively support budgeting, forecasting, and long-term financial planning cycles. Build and maintain robust MIS frameworks for financial and operational insights. Partner with cross-functional teams (product,credit, collections) to drive P&L performance and cost efficiencies. 5. Controls, Processes & Automation: Strengthen internal financial controls and design scalable SOPs. Implement automation and digitization of finance processes and business intelligence tools. Drive process improvements in reconciliation, invoicing, and vendor management. 6. Team Leadership: Lead and mentor a high-performing finance and accounts team. Drive a culture of accountability, transparency, and continuous learning. Required Qualifications: Chartered Accountant (CA) with 12–15 years of relevant post-qualification experience. Prior experience in NBFC / fintech / digital lending environment is essential. Strong understanding of loan lifecycle accounting, provisioning norms, and lending revenue models Strong exposure to RBI NBFC regulatory framework, IND-AS, tax compliance, and audit. Proven ability to manage stakeholders across internal and external functions. Experience with ERP systems and financial automation tools. Excellent leadership, communication, and stakeholder management skills Preferred Experience: Worked in a digital-first financial services or fintech environment Knowledge of regulatory reporting in digital lending (e.g., RBI, SEC, CFPB, or equivalent) Show more Show less