Lead – Financial and Regulatory Reporting

2 weeks ago

Mumbai, India Godrej Capital Full time

Job Title: Lead – Financial and Regulatory ReportingLocation: Mumbai, Vikhroli/KanjurmargReports To: Chief Financial OfficerRole Overview:The Lead – Financial and Regulatory Reporting will be responsible for ensuring accurate and timely preparation of financial statements, regulatory returns, and compliance with applicable accounting standards, RBI/NHB guidelines, and statutory requirements. The role also involves managing direct tax compliance and reporting, supporting audits, and driving process improvements in financial reporting.Key Responsibilities:Financial ReportingPrepare and review monthly, quarterly, and annual financial statements in compliance with Ind AS and applicable regulatory norms.Ensure timely closure of books of accounts and preparation of MIS for management.Coordinate with auditors for statutory, internal, and tax audits.Maintain robust internal controls over financial reporting.Regulatory ReportingPrepare and submit regulatory returns to RBI/NHB and other authorities within stipulated timelines.Monitor changes in regulatory requirements and implement necessary updates in reporting processes.Liaise with regulators during inspections and respond to queries promptly.Direct Tax ComplianceEnsure accurate computation of taxable income and timely filing of income tax returns.Oversee tax audit compliance under Section 44AB and preparation of Form 3CD.Manage TDS compliance, including deduction, payment, and filing of returns.Monitor changes in tax laws and assess their impact on the company.Process ImprovementDrive automation and efficiency in financial and regulatory reporting processes.Implement best practices for data accuracy and integrity.Stakeholder ManagementCollaborate with internal teams (Finance, Operations, Risk, Compliance, etc.) for data collection and reporting.Provide timely and accurate financial insights to senior management.Qualifications & ExperienceChartered Accountant (CA) with 8–10 years of post-qualification experience.Strong knowledge of Ind AS, RBI/NHB guidelines, and Income Tax Act.Prior experience in NBFC/Housing Finance sector preferred.Proficiency in financial reporting systems and MS Office.

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