Job: VP Finance& Accounts(NBFC)-Bangalore-8-12yrs-15-17lakhs

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Title VP Finance& Accounts(NBFC)-Bangalore-8-12yrs-15-17lakhs
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Categories Financial Jobs
Salary 15-17lakhs
Total Yrs Of Experience Required 8-12yrs
Job Location Bangalore
Job Description

Our client, is a registered trademark of Visage Holdings and Finance Private Limited (NBFC), a Bangalore based social business that provides loans in the range of Rs.1 Lakh to Rs.15 Lakhs to micro and small enterprises (MSMEs) filling the gap between micro-finance and commercial capital. Our mission is to pioneer access to capital for micro and small businesses.

Title: VP Finance & Accounts

Team: Finance

Purpose of Job: Planning and Managing financial administration of the company

Job Components/Responsibilities:

Core Professional Competencies
 Fund Raising
 Strategic Planning
 Corporate Planning, Budgeting & Treasury
 Investor & Lender Reporting
 RBI/Company Law/ All legal Compliances
 Financial Planning and Analysis.
 Operating and Working Capital Management.
 Budget Development, Forecasting and Management, MIS Reporting.
 Handling Audit and Compliance requirements.
 Proficient in Financial Management and handling Corporate Accounts.
 Sound knowledge of Indian Corporate and Taxation Laws.
 Experience working in a Non-Banking Financial Company (NBFC)
 Ability to interact with Board of Directors and various levels of Management and staff.

Key Functional Responsibilities
Accounts and Finance
 Managing financial administration, ensuring effective internal controls and maintaining integral accounting system and asset management system.
 Review and Finalization monthly / Quarterly / Yearly Accounts.
 Implementing the corporate accounting policies & Process, integrating them with the business/ work processes.
 Implement internal control programs to enhance the quality of
business practices and to safeguard the company’s assets
 Implement supporting processes to ensure program accounting requirements are met
 Coordinate with Statutory, Internal and Tax Auditors and ensure compliance with various statutes and control parameters and filing of statutory returns.
MIS and Analysis
 Monthly / Quarterly / Yearly Budget vs. Actual Analysis, Highlighting
 Key Variance to top management
 Review and analysis of Segment wise, client wise profitability report for business improvement and strategic decisions
 Generating on-time, quality, custom reports based on requirements of external stakeholders such as bankers, lenders, investors, etc.
 Coordination with Operations teams ensuring control mechanisms are setup for effective monitoring.
Financial Planning
 Preparation and finalization of Annual Operating Plan
 Optimal management of working capital including allocation of funds cross investment options to maximize earnings
 Monthly review of plan, variance analysis and preparation of forecast and revised estimates
 Preparation of various business scenarios for informed decision making of management.
Secretarial and Legal Compliance
• Ensuring compliance with statutory and legal provisions of corporate laws.

Qualifications:
 At least 8-12years experience
 UG – B.com, PG – M.com/ ICWA or equivalent
 Aged below 35 – 40 yrs

Other Requirements:
 High level of self-motivation, determination and confidence in your abilities.
 Meticulous attention to detail.
 Numeracy and a strong aptitude for mathematics.
 Excellent problem-solving skills and clear logical thinking.
 A keen interest in the financial system combined with excellent commercial awareness.
 Ability to work to deadlines, under pressure, and the willingness to put in the extra hours when needed.
 Ability to work on your own initiative and as part of a team.
 Excellent interpersonal and communication skills, including good presentation and report writing skills.
 Computer Knowledge

Competencies & Best Practices for High Performers:
 High social responsibility & Integrity
 Compliance to policies, rules and regulations
 Belief in Teamwork
 People oriented and Goal oriented. Team:

Finance Report to:
CFO

Place of work:  Bangalore

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