Industry: NBFC / Financial Services
Experience: 12+ Years
Qualification: CA preferred; CMA / MBA (Finance) may also be considered based on experience
Reporting To: Group CFO
Preferred Background: NBFC, FinTech, Banking, or Financial Services
Location: Gurugram
CTC: upto 50 LPA
Work Mode: Onsite

Job Summary

We are looking for an experienced Head of Finance / Financial Controller to lead the Finance & Accounts function. The candidate will be responsible for financial controllership, end-to-end accounting, financial reporting, budgeting, taxation, audit management, banking coordination, and statutory and regulatory compliance. The role requires strong expertise in NBFC-specific accounting, loan portfolio reporting, financial controls, and team management, along with the ability to support business planning and strategic decision-making.

Key Responsibilities

1. Financial Controllership & Accounting

• Oversee end-to-end accounting, including Accounts Payable (AP), Accounts Receivable (AR), general ledger, expenses, revenue, accruals, provisions, and reconciliations.
• Ensure accurate accounting of loan portfolios, Assets Under Management (AUM), interest income, Expected Credit Loss (ECL) provisions, Non-Performing Assets (NPA), and write-offs.
• Manage month-end and year-end financial closures, ensuring accuracy and timely completion.
• Establish and strengthen accounting policies, Standard Operating Procedures (SOPs), internal financial controls, and maker-checker processes.

2. Financial Reporting & Regulatory Compliance

• Prepare and review monthly MIS, financial statements, balance sheet schedules, and management reports.
• Ensure compliance with applicable accounting standards, including Ind AS, and statutory and regulatory reporting requirements.
• Monitor balance sheet reconciliations, ageing reports, outstanding liabilities, and key financial indicators.
• Coordinate with relevant teams to ensure accurate and timely RBI and other applicable regulatory filings.

3. Budgeting, FP&A & Variance Analysis

• Lead annual budgeting and periodic financial forecasting in coordination with business and functional teams.
• Analyse actual financial performance against budgets and forecasts, identify variances, and recommend corrective actions.
• Monitor operating expenses, profitability, cost trends, and financial performance indicators.
• Provide financial analysis and insights to support business planning and management decision-making.

4. Audit Management

• Coordinate with statutory auditors, internal auditors, tax auditors, and other external assurance agencies.
• Manage audit schedules, financial reconciliations, supporting documentation, and responses to audit queries.
• Ensure timely resolution of audit observations and implementation of recommended corrective actions.
• Maintain audit readiness and strengthen financial processes to minimise recurring observations.

5. Direct, Indirect & Transfer Pricing Taxation

• Oversee direct and indirect tax compliance, including TDS, advance tax, GST, income tax returns, and other applicable filings.
• Manage tax audits, assessments, notices, and coordination with tax consultants.
• Oversee transfer pricing compliance, including benchmarking, documentation, and applicable filings.
• Monitor tax exposures, ensure timely payments and filings, and identify opportunities to improve tax efficiency.

6. Banking & Treasury Coordination

• Manage banking relationships, account operations, banking documentation, and applicable banking compliance.
• Coordinate with the Treasury team on fund flows, bank reconciliations, interest accounting, bank charges, and borrowing-related accounting.
• Support lender information requests, financial due diligence, balance confirmations, and audit requirements.
• Ensure timely reconciliation of bank accounts and resolution of outstanding items.

7. Team Management & Process Improvement

• Lead, guide, and develop the Finance & Accounts team, ensuring clear responsibilities and accountability.
• Establish timelines for financial closure, reporting, statutory compliance, and audit deliverables.
• Improve accounting systems, reporting processes, reconciliations, and finance automation.
• Collaborate with Treasury, Legal, Risk, Compliance, Operations, HR, and other business functions to ensure smooth financial operations.

Required Skills & Experience

• 12–15+ years of relevant experience in Finance & Accounts, financial controllership, or financial management.
• Strong preference for candidates with significant experience in NBFCs, FinTech, Banking, or Financial Services.
• In-depth knowledge of accounting, financial reporting, taxation, audits, and internal financial controls.
• Practical understanding of loan portfolio accounting, AUM, ECL provisioning, NPA movements, and write-offs.
• Experience in budgeting, forecasting, MIS preparation, financial analysis, and variance reporting.
• Knowledge of Ind AS, RBI-related reporting requirements, and applicable statutory compliances.
• Strong working knowledge of Tally/ERP systems and MS Excel.
• Proven experience in managing auditors, tax consultants, banking partners, and cross-functional stakeholders.
• Excellent leadership, analytical, problem-solving, and communication skills.

Key Performance Indicators (KPIs)

• Timely and accurate monthly and annual financial closure.
• Accuracy of financial statements, portfolio accounting, and balance sheet reconciliations.
• Timely completion of statutory, tax, and regulatory compliances.
• Effective management and closure of audit queries and observations.
• Accurate budgeting, variance analysis, and expense control.
• Strong internal financial controls and continuous improvement in finance processes.