About this role
Main Accountabilities
1. Financial Reporting & Closures
• Lead monthly, quarterly, and annual financial closures • Ensure accuracy, completeness and timelines of financial statements • Maintain alignment between books of accounts, MIS and disclosures
2. GL Control & Accounting Governance
• Oversee GL integrity across portfolios and business units
• Ensure appropriate accounting treatment in compliance with IndAS and IFRS • Drive cleanup of aged / unreconciled balances
3. IND-AS Compliance & Disclosures
• Ensure adherence to IND-AS and IFRS standards in financial reporting • Review notes to accounts and disclosures for completeness and accuracy • Support preparation of statutory financial statements and audit schedules
4. Regulatory Reporting (RBI & Others)
• Oversee preparation and submission of RBI returns and regulatory filings • Ensure compliance with applicable regulatory requirements • Manage ad-hoc data regulatory data request efficiently
5. Audit & Compliance Management
• Coordinate with Statutory Auditors, Internal Audit, IFC, and regulatory authorities • Provide required schedules, reconciliations and explanations • Ensure closure of audit observations with defined timelines
6. Business Accounting Oversight • Validate revenue recognition, provisioning, and expense accounting • Identify inconsistencies and implement corrective actions
7. MIS, Analytics & Management Reporting
• Review MIS reports and financial analytics • Preparation of management and Board-level presentations • Provide insights on financial performance and variances
8. Process Improvement & Controls
• Identify process gaps and strengthen internal controls • Enhance governance to prevent misstatements and errors
• Drive standardization and best practices across accounting processes
9. Automation & System Enablement
• Champion automation initiatives in financial reporting and reconciliations.
• Collaborate with IT for system enhancements (e.g., SAP, reporting tools).
• Improve efficiency through system-driven controls and reporting
10. Consolidation & Group Reporting • Lead consolidation of financial statements across entities, ensuring accuracy and completeness • Ensure elimination of inter-company transactions and reconciliation of group balances • Drive timely preparation of consolidated financials in compliance with IND-AS (Ind AS 110, 111, 28, etc.) • Review consolidation adjustments, minority interest, and group-level disclosures • Coordinate with business units and subsidiaries for standardized reporting and data submission • Strengthen controls and automation around consolidation processes and group reporting
Qualifications & Experience
• 7–10 years experience in Controllership / Financial Reporting • Strong knowledge of IND-AS and financial reporting frameworks • Experience in audit handling and regulatory reporting (RBI preferred) • Strong analytical and problem-solving 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 financial statements and accounting treatments • Resolution of discrepancies in GL and financial reporting • Prioritization of reporting, audit, and regulatory deliverables • Identification of control gaps and process improvements • Escalation and resolution of financial risks
• Validation of consolidation adjustments and group-level financial statements