About this role
Main Accountabilities
1. Business Accounting & Revenue Recognition
• Execute accounting for lending portfolios across retail and corporate businesses • Ensure accurate revenue recognition, exempt income tracking, and technical write-offs • Support product-level accounting across systems (FinnOne, Bancs, Credence, LAMS, etc.)
2. ECL, EIR & Asset Quality Support
• Support Expected Credit Loss (ECL) monthly provisioning workings • Assist in Effective Interest Rate (EIR) computation and amortization • Validate NPA classification, provisioning, and off-balance sheet exposures
3. System Reconciliation & Data Integrity
• Perform reconciliations across LMS (FinnOne/Bancs), SAP (ECC6/R3), and Hyperion • Ensure accuracy in trial balance uploads and financial data flows • Identify and resolve discrepancies across systems
4. Financial Reporting & MIS
• Prepare financial schedules for reporting packs for consolidation • Support submission of financial data for group reporting (Tata Sons FFC packs) • Assist in standalone and consolidated financial reporting
5. Regulatory Reporting (RBI / NHB)
• Prepare data and workings for regulatory submissions • Improve automation and validation controls in regulatory reporting • Ensure compliance with RBI / NHB reporting requirements
6. Audit and Compliance Support
• Facilitate statutory, internal, RBI, and IFC audits
• Provide reconciliations, data, and supporting documentation
• Resolve audit observations and maintain robust audit trails
7. Systems & UAT Management
• Support UAT for system enhancement and new product launches
• Monitor production issues and coordinate with IT teams • Ensure integrity and smooth functioning of accounting systems
8. Process Automation & Improvement
• Identify automation opportunities in accounting and reporting processes • Drive initiatives in reconciliation, DPD reporting and MIS automation • Improve efficiency and reduce manual intervention
9. Data Governance & Master Management
• Support master data maintenance (e.g., UCIC, product mapping) • Ensure consistency and accuracy of financial data across systems • Strengthen data governance controls impacting financial reporting
Qualifications & Experience
• 1-2 years experience in Business Accounting / NBFC Finance • Strong understanding of lending products and accounting flows • Experience with systems like SAP, FinnOne, Bancs, Hyperion • Knowledge of ECL / EIR / NPA basics and RBI reporting • Strong analytical and reconciliation skills • CA preferred
Competencies:
• Ownership • Boundaryless Behaviour • Cost Consciousness
Functional Competencies
• IND-AS 109 • Regulatory Reporting & RBI Compliance • Financial Controls • Asset Quality Analytics • Financial Planning & Analysis • Data Analytics / Automation
Key Decisions taken
• Validation of accounting entries and reconciliation outputs • Identification and escalation of system/data discrepancies • Prioritization of reporting and compliance timelines • Resolution of accounting and reporting issues