SVP/VP- Finance

Role & Responsibilities:

Key highlights of the role are listed below (purely indicative and not limiting):

1. Financial Planning & Analysis:

• Developing financial strategies by forecasting capital requirements; identifying monetary resources and developing action plans.
• Leading the annual budgeting and forecasting processes.
• Assessing financial risks and opportunities, providing strategic recommendations to CFO
• Monitor financial performance against budgets and provide insights for corrective actions.

2 .Financial Reporting & Compliance:

• Ensure timely preparation of accurate financial statements in accordance with applicable accounting standards and regulatory requirements.
• Coordinate with internal and external auditors; facilitate statutory audits.
• Ensure compliance with all regulatory reporting obligations.

3 .Risk Management:

• Support the identification, assessment, and mitigation of financial and operational risks.
• Oversee the management of non-performing assets (NPAs), provisioning, and capital adequacy.
• Implement internal controls to prevent fraud and financial misstatements.

4. Treasury and Cash Management:

• Assist in managing liquidity, capital, and funding strategies.
• Coordinate with regulatory authorities regarding capital and liquidity requirements.

5. Regulatory Compliances:

• Stay abreast of changes in regulatory requirements and ensure the organization's compliance with relevant financial regulations in the credit card industry.
• Maintain effective communication with RBI, Ministry of Finance, and other regulatory agencies.
• Ensure compliance with government directives, circulars, and policies affecting financial operations.
• Collaborating with legal and compliance teams to mitigate regulatory risks

6. Financial Controls

• Assisting the CFO in developing and implementing financial strategies, contributing to the overall financial health of the organization.
• Implementing and monitoring internal financial controls to safeguard company assets.
• Identify and mitigate financial risks.

Applicants should possess the following attributes:

• Lead and develop the finance team, fostering a culture of integrity and continuous improvement.
• Collaborate with other departments to support strategic initiatives.
• Support digital transformation, process automation, and other strategic projects.
• Participate in mergers, acquisitions, or restructuring activities if applicable
• Deep understanding of banking operations, regulations, and accounting standards.
• Strong analytical, strategic thinking, and decision-making skills.
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in financial modeling, risk management, and regulatory compliance.
• In-depth knowledge of Indian financial regulations and credit card industry practices preferred