Propelld – Manager – Financial Reporting

About the Role:

We are looking for a Financial Reporting professional to manage statutory financial statements, regulatory disclosures, and audit coordination for our NBFC entity/entities. The role requires strong technical accounting knowledge (Ind AS) and hands-on NBFC regulatory reporting experience.

Key Responsibilities:

– Prepare and finalize standalone/consolidated financial statements (balance sheet, P&L, cash flow, notes to accounts)

– Handle month-end/quarter-end/year-end closing, including schedules, reconciliations, and MIS reporting

– Prepare RBI regulatory returns and disclosures applicable to NBFCs (e.g., NBS returns, SBR framework disclosures, ALM statements, provisioning as per RBI/Ind AS 109)

– Manage statutory audit, internal audit, and tax audit requirements coordinate with auditors, prepare audit schedules, and resolve audit queries/observations

– Ensure compliance with applicable accounting standards (Ind AS 109, 115, 116 as relevant) and RBI Master Directions

– Assist in related party transaction (RPT) documentation and disclosures per Ind AS 24 and RBI RPT Directions

– Support DTA/DTL computations and tax provisioning

– Maintain audit trail compliance and internal financial controls (IFC) documentation

– Coordinate with cross-functional teams (Credit, Operations, Compliance) for accurate financial data capture.

Required Skills:

– Strong working knowledge of Ind AS, RBI NBFC regulatory framework, and Companies Act provisions

– Hands-on experience with financial statement finalization and audit closure

– Proficiency in Excel (advanced); exposure to ERP/accounting systems (Tally, SAP, Oracle, or NBFC-specific loan management systems)

– Good understanding of NBFC-specific areas: provisioning norms, FLDG/contingent liability treatment, co-lending/securitization accounting

– Strong attention to detail and ability to manage multiple audit/regulatory timelines

– Good communication skills for auditor and stakeholder coordination

Good to Have:

– Prior NBFC/BFSI sector experience (mandatory preference)

– Exposure to RBI inspections or regulatory audits

– Experience with automation of reporting processes

Experience:

– 2-3 years (CA, post-qualification) / 4-7 years