Senior Manager
1 day ago
Company Description
Credit Wise Capital Pvt Ltd is a consumer finance Registered NBFC established with the aim of providing technology driven loans to customers. The company leverages an offline sourcing model along with a new age of online sourcing to become a market leader in a very short time.
The first focused product at Credit Wise Capital is two-wheeler financing. The aim is to disrupt the two-wheeler lending market by deploying the right blend of tech-driven underwriting while utmost focus on collections.
The company was incorporated in early 2019 and in a short span of time, it has achieved tremendous growth and has become one of the fastest-growing NBFC in the western region of India. Currently headquartered in Mumbai, Credit Wise Capital has an increasing presence in over 20 locations and 5 states across the country.
Responsibilities and Duties:
- Financial Reporting and Analysis
• Accurately prepare monthly and annual financial statements in line with statutory requirements.
• Develop and present comprehensive Monthly MIS decks tailored to board and senior management needs.
• Create Profit & Loss (P&L) projections and conduct variance analysis against actual results.
• Prepare detailed state-wise and product-wise P&L reports; collaborate with Business Heads, Product Heads, and Location Heads to analyze and improve performance.
• Design and monitor annual budgets; perform detailed Budget vs. Actual analysis to guide business decisions.
- Accounting & Compliance
• Implement daily bank entry tracking and ensure timely Bank Reconciliation completion by the 5th of every month, significantly enhancing cash flow visibility.
• Supervise accounting operations to ensure accurate book-keeping and timely monthly closing of accounts.
• Ensure compliance with statutory tax requirements including TDS, GST, and Income Tax.
• Independently manage GST audits, Tax audits, and Statutory audits
- Process Improvement & Operational Efficiency
• Streamline the accounts payable process, resulting in significant reduction in turnaround time.
• Introduce automated and formula-based templates, improving accuracy and minimizing manual errors.
• Draft and enforce detailed process notes to standardize operations and ensure consistency.
- Strategic Planning and Execution
• Play a pivotal role in formulating and executing the company's financial strategy, aligning with long-term business goals.
• Successfully lead financial planning initiatives and provided strategic insights to support growth and profitability.
- Project Management
• Ensure timely and quality completion of management-assigned projects.
• Manage accounting and compliance functions for company subsidiaries, ensuring consolidated integrity and alignment.
Qualification:
• Chartered Accountant
Desired Candidate Profile:
• Minimum 5 Years of experience in the similar field
Candidate should be from NBFC/Banking background.
• Handling Statutory, Tax, GST audits.
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