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Associate Director of Finance

4 months ago


bangalore, India Propelld Full time
About Company : Propelld is a new age lending startup focusing in the education market doing an annual INR 700cr disbursal, backed by Westbridge Capital (largest in Financial Services space - backers of Axis, HDFC, CIBIL, AU small finance bank, Sharechat, Mamaearth, etc), looking to grow 20x times in the next 3 years to an eventual IPO. Propelld is set to become one of the largest FinTechs in India over the next 3-4 yrs and hence growth and opportunities will be limitless at this role.
More about us at deliverables:
• Lead a team 3+ of people responsible for maintenance of all Finance & Account related activities such as accounting, expense control, taxations, accounts payable, disbursement & collection accounting, pay roll accounting etc.
• Formulation of strategies, policies, and procedures including costing, tax, asset, budget, credit, and cash flow management for NBFC business perspective
• Directs timely and accurate preparation of profit & loss account, balance sheet, standard and management reports (periodic & ad-hoc)
• Preparing details of Income Tax, GST, and other taxes
• Manage the expectations of the stakeholders through providing them monthly MIS, accounts, cash flows statements, investor reporting, and legal compliance reports
• Co-ordinating with Statutory Auditors to ensure smooth audit closures
• supporting in Loan disbursal process end to end
• Co-ordinating with various stakeholders (Business, Legal & Credit Teams) to ensure timely completion of Loan disbursal process
• Interact with Portfolio team/ Risk team and respond to their requirement in defined TAT
• Accounting on Loan provisioning & NPA in alignment with risk team / RBI guidance
• Ensure daily Collection accounting being done by the finance team in ERP
• Ensure daily reconciliation of collection booked in Business ERP & Accounting software
• Ensure daily completion of book-keeping aspects related to Income accounting
• build controls and governance within the organization with a robust framework encompassing all departments & functions
• Monthly Financial Reporting including Consolidated Financials, Expected Credit Loss etc
• In depth understanding of accounting standards including Indian GAAP & IND-AS
• Close controls to ensure Regulatory / RBI Compliances with no deviation
Eligibility:
• CA/MBA with 6 + years of relevant experience including in an NBFC (experience in NBFC is a must) • Strong financial/ investment knowledge
• Strong communication skills/Presentation skills
• Good analytical skills
• Ability to motivate and lead a team
• IT Savvy, should have a working knowledge of MS office/ accounting software
Life at Propelld:
● Competitive salary
● Flexible working hours are key. We want to have as much fun after work as you do - and more
● A comprehensive healthcare plan that takes care of our employees and their dependents. Your health is a priority for us
● We value you for more than just your job. We celebrate your diligence and achievements throughout the year. Exciting rewards await
● Designed holiday and leave policies so you can live life to the full. (And maybe even tick off those travel goals)
● Learn and grow with us. Meticulously designed learning opportunities to help everyone scale with current and future market standards.
● Who says companies can be boring when you've got delicious food, fun games and a cool office that makes you feel like you don't want to leave the office anytime soon? If you are a dynamic professional seeking a challenging leadership role, apply now to be a crucial part of our team, driving excellence in internal audit, finance, and accounting.