Financial Operations (6-8 years, Fintech/NBFC)

ProsParity partners with NBFCs to enable financing of electric and commercial vehicle loans. We manage the entire loan lifecycle — from sourcing and underwriting to disbursement, collections, and asset recovery — helping lenders scale efficiently while maintaining portfolio quality.

We are looking for a Financial Operations (6-8 years) to oversee all financial operations linked to loan disbursement, repayment, reconciliation, and asset recovery. The role involves end-to-end ownership of fund movement, reconciliation accuracy, and ensuring transparency and control in vehicle loan operations.

1. Fund Management & Cashflow Control

• Manage daily inflows and outflows related to loan disbursements, repayments, commissions, and recovery proceeds.
• Prepare weekly and monthly cashflow projections and variance analyses.
• Coordinate with partner NBFCs, payment gateways, and internal teams to ensure timely and accurate fund transfers.

2. Reconciliation & Reporting

• Conduct daily, weekly, and monthly reconciliation of disbursement and repayment transactions with bank statements, NBFC MIS, and internal ledgers.
• Ensure zero mismatch in partner accounts through timely follow-ups and adjustments.
• Prepare detailed fund flow and reconciliation reports for management and NBFC partners.

3. Repayment Tracking & Accounting

• Track EMIs, collections, and delinquency inflows across different loan portfolios.
• Monitor and report on repayment trends, bounce rates, and fund settlements.
• Coordinate with collections and tech teams to ensure data consistency between systems and bank accounts.

4. Repossession & Resale Fund Management

• Manage the financial aspect of repossessed vehicle handling — from seizure, storage, and sale proceeds to NBFC remittance.
• Maintain detailed MIS on repossession costs, recovery value, and profitability.

5. Compliance & Process Improvement

• Ensure financial operations comply with NBFC and RBI reporting requirements.
• Support audits and implement internal controls for fund handling.
• Continuously streamline operational processes through automation and data-driven improvements.
  

• Bachelor’s or Master’s degree in Commerce, Finance, or Accounting.
• 6–8 years of experience in financial operations, preferably in NBFCs, fintechs, or vehicle finance.
• Strong understanding of loan disbursement and repayment processes.
• Proficiency with Excel, accounting tools (e.g., Tally, Zoho Books, or similar), and reconciliation workflows.
• Detail-oriented, analytical, and comfortable working in fast-paced startup environments.
  

• Cashflow management & reconciliation
• Financial control & audit preparedness
• MIS & reporting
• Cross-functional coordination (Tech, Collections, NBFC partners)
• Data accuracy & process discipline
  

• Opportunity to build scalable financial operations for a growing fintech-NBFC ecosystem.
• Fast-paced, entrepreneurial environment with high ownership.
• Work at the intersection of finance, technology, and sustainability.