Head - Accounts & Finance

Join us to change the world.

Ananya Finance for Inclusive Growth Pvt. Ltd. (Ananya) is an NBFC set up by Friends of Women’s World Banking – India (FWWB) in 2009, intending to reach out to a large section of microfinance institutions (MFIs) and grass-root entities. Ananya is among the most responsible NBFCs in India with the urge and commitment to serve underserved population of India. Ananya started operations by taking over FWWB’s Wholesale Microfinance Institution lending portfolio in April, 2010. The NBFC has come a long way transforming itself from being a FI-wholesale B2B lender to a B2C Retail micro-lender.

In 2022, the company acquired a majority stake in a NBFC-MFI Prayas Financial Services Pvt. Ltd. Hence, with both a NBFC and NBFC-MFI licence, the company is able to cater to the entire spectrum of individual and enterprises that form the bottom of the economic pyramid

The company focuses on Tier III and beyond geographies and through its physical branch network, it currently serves around 100,000 clients today, diversified across women microfinance and micro-enterprise clients. It has targeted to grow its clientele to 500,000 within the next 3-4 years and also build digital distribution capabilities.

Role Overview

The Head of Accounts & Finance will be responsible for overseeing the financial health of the organization by managing accounting, financial reporting, compliance, taxation, and internal controls. This role ensures accurate and timely financial reporting, regulatory compliance, and supports strategic financial planning and execution.

Key Responsibilities

Financial Accounting & Reporting

• Lead monthly, quarterly, and annual financial closing processes in compliance with applicable accounting standards (Ind AS).
• Oversee the preparation of financial statements and MIS reports for management and board review.
• Ensure timely and accurate reconciliation of accounts and ledgers.

Regulatory & Compliance

• Ensure compliance with statutory and regulatory requirements (RBI, Income Tax, GST, etc.).
• Liaise with statutory auditors, internal auditors, and regulatory bodies.
• Coordinate filings and audits, including tax returns, GST filings, and statutory financial statements.

Internal Controls & Processes

• Develop, implement, and maintain robust internal controls and accounting policies.
• Ensure timely implementation of ERP systems and process automation.
• Drive continuous improvements in accounting processes and financial systems.

Team Management

• Lead, mentor, and build a high-performing Accounts & Finance team.
• Set performance goals and provide regular feedback and training.

Business Support & Strategic Planning

• Support CFO/ Financial Controller and leadership team in budgeting, forecasting, and financial planning.
• Provide financial insights and decision support for new initiatives and business strategies.

Key Requirements

• Qualified Chartered Accountant (CA) is a must
• 10+ years of progressive experience in accounting and finance, with at least 3–5 years in a leadership role.
• Strong knowledge of Ind AS, Companies Act, Income Tax, GST, and RBI/NBFC regulations.
• Experience in managing audits, financial controls, and ERP systems.
• Strong leadership, analytical, and problem-solving skills.
• Excellent interpersonal and communication abilities.

Preferred Industry Experience

• NBFCs / Financial Services