Website Promaynov Advisory Services
NBFC Accounting – Revenue & Assurance | JD
Qualification:
CA / ACCA / MBA Finance / relevant finance qualification
Key Responsibilities:
– Experience in NBFC accounting, revenue assurance and financial reporting.
– Review and accounting of interest income, processing fees, foreclosure charges, penalties, commission and other NBFC revenue streams.
– Strong understanding of Ind AS 109 – Financial Instruments, including EIR, loan accounting, interest accruals and ECL.
– Exposure to Ind AS 115 – Revenue Recognition and assessment of revenue contracts.
– Perform revenue reconciliation, variance analysis, ledger scrutiny and balance sheet reconciliations.
– Review loan portfolio, receivables, provisions, write-offs and recoveries.
– Support financial statement audit/assurance assignments for NBFC and financial services clients.
– Test key controls around revenue, lending, collections and financial reporting.
– Identify accounting gaps, process risks and control deficiencies and recommend remediation.
– Prepare audit/assurance working papers and coordinate with client finance and operations teams.
Key Skills: NBFC Accounting | Revenue Assurance | Ind AS 109 | Ind AS 115 | EIR | ECL | Loan Accounting | Interest Income | Revenue Recognition | Financial Reporting | Reconciliation | Audit & Assurance
Preferred: Prior experience with Big 4/consulting firms, NBFCs or BFSI clients.
To apply for this job please visit www.iimjobs.com.
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