Manager F&A

Role & responsibilities

Financial Reporting:

• Prepare and present timely and accurate Ind AS financial statements, including balance sheets, income statements, and cash flow statements.
• Develop and implement financial reporting processes to ensure compliance with accounting standards (Ind AS) and RBI regulations.
• Analyze financial data and trends to provide insights and recommendations to senior management. Regulatory Reporting:
• Ensure compliance with all relevant financial regulations and reporting requirements specific to the housing finance sector.
• Prepare and submit regulatory reports to government agencies and other external stakeholders as required.
• Monitor changes in regulatory requirements and update reporting processes accordingly. Accounting Functions:
• Oversee daily accounting operations including accounts payable, accounts receivable, general ledgers etc..
• Manage and review month-end and year-end close processes to ensure accuracy and completeness.
• Implement and maintain effective internal controls to safeguard company assets and ensure financial accuracy. Cost Control:
• Analyze budget variances and provide recommendations for cost control and financial efficiency.
• Prepare and analyse Branch profitability. Financial Analysis:
• Conduct financial analysis to support strategic decision-making, including profitability analysis, cost analysis, and financial modeling.

Audit and Compliance:

• Coordinate with internal and external auditors to facilitate audits and address audit findings.
• Ensure compliance with internal policies, accounting standards, and regulatory requirements.

Team Management:

• Supervise and mentor finance and accounting staff, providing guidance and support to enhance team performance and development.
• Foster a collaborative and productive work environment within the finance team.

Process Improvement:

• Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy in financial operations.
• Stay updated on industry trends and technological advancements to continuously improve financial processes and systems.

Competencies & Educational Qualification

• Bachelors degree in Finance, Accounting, or a related field;
• Chartered Accountancy, or equivalent professional certification preferred.
• Strong knowledge of accounting principles, financial regulations, and reporting standards.
• Excellent analytical, problem-solving, and organizational skills.
• Proficiency in financial software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Effective communication and leadership skills, with the ability to work collaboratively across departments.