Job: VP Finance-NBFC-Bangalore-5-12yrs-As per industry standards

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Title VP Finance-NBFC-Bangalore-5-12yrs-As per industry standards
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Categories Financial Jobs
Salary As per industry standards
Total Yrs Of Experience Required 8-12yrs
Job Location Bangalore
Job Description

Our client  is an (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).

Our client  has 90+ Branches in 6 states and current staff strength of 800 people.

Our client is looking for VP Finance for Bangalore location.

Job Description

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

Job Components/Responsibilities:

Core Professional Competencies
 Fund Raising as required.  Treasury management.

 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
 MBA/CA/ ICWA or equivalent
 Aged below 40yrs

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 and Accounts

Report to: CFO
Place of work: Bangalore

 

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