Accounts And Finance Manager

Bhanix; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Bhanix in Mumbai seeks a Chartered Accountant to lead Finance & Accounts at Manager/Senior Manager level. You will oversee accounting, treasury, taxation, RBI reporting and audits, while guiding a team of finance professionals.

The role requires 8–12 years post-qualification experience in NBFC, fintech or BFSI, with strong knowledge of accounting standards, statutory compliance and ERP systems. Excellent stakeholder management is essential.

Qualifications

• CA with ICAI qualification is required.
• Typically 8–12 years post-qualification experience; NBFC/fintech/BFSI exposure preferred.
• Experience in NBFCs, lending operations, treasury, financial reporting, regulatory compliance and audit management is advantageous.
• Strong knowledge of accounting standards, financial reporting, taxation and statutory compliance.

Responsibilities

• Oversee day-to-day accounting operations and monthly, quarterly and annual closings.
• Coordinate treasury and banking operations, including reconciliations and liquidity management.
• Ensure GST, TDS, income tax and other statutory returns are prepared and filed.
• Coordinate RBI reporting, regulatory compliance and NBFC regulatory requirements.
• Lead audits and strengthen internal controls and risk management.
• Manage Finance & Accounts team and liaise with auditors, banks and lenders.

Skills

Financial accounting

Taxation

Regulatory compliance

NBFC operations

Lending operations

Audit management

Team leadership

Stakeholder management

ERP systems

Excel

Education

Chartered Accountant (CA) from ICAI

Tools

Oracle

SAP

Tally

Job description

Key Responsibilities

1. Financial Accounting & Reporting

• Oversee day-to-day accounting operations, ensuring accurate, complete and timely recording of financial transactions in accordance with applicable accounting standards and regulatory requirements.
• Manage monthly, quarterly and annual financial closing, including general ledger scrutiny, balance sheet schedules, provisions, accruals, prepaid expenses and intercompany reconciliations.
• Prepare and review financial statements, management reports, MIS and variance analysis for senior management.
• Ensure timely closure of books and adherence to defined reporting timelines.
• Maintain robust accounting documentation, schedules, reconciliations and supporting records.
• Monitor accounting treatment for lending transactions, interest income, processing fees, partner commissions, operating expenses and other business transactions.

2. Treasury & Banking Operations

• Oversee bank reconciliations, cash and bank balances, fund flows and liquidity-related accounting.
• Coordinate with the Treasury team on borrowings, lender reconciliations, interest calculations, repayment schedules, loan balances and related accounting entries.
• Ensure accurate accounting and reconciliation of loan disbursements, customer collections, repayments, settlements and bank/payment gateway transactions.
• Monitor accounting of borrowing costs, accrued interest, processing charges and other financing expenses.
• Support preparation and review of borrowing-related statements, lender confirmations and treasury MIS.

3. Taxation & Statutory Compliance

• Oversee timely preparation, review and filing of GST, TDS, income tax and other applicable statutory returns.
• Ensure accurate computation and accounting of tax provisions, deferred taxes, statutory liabilities and tax-related reconciliations, as applicable.
• Manage GST reconciliations, input tax credit reviews, vendor compliance and resolution of tax discrepancies.
• Monitor changes in applicable tax laws and ensure timely implementation of relevant compliance requirements.

4. RBI Reporting & Regulatory Compliance

• Coordinate preparation, validation and submission of applicable RBI returns and regulatory statements in consultation with the Compliance and Regulatory Reporting teams.
• Ensure consistency between regulatory submissions, accounting records, financial statements and underlying operational data.
• Support NBFC-specific reporting, audit requirements, regulatory inspections and information requests.
• Maintain appropriate documentation and evidence for regulatory reporting and compliance reviews.Coordinate with internal stakeholders to address reporting discrepancies and ensure timely remediation.

5. Audit, Internal Controls & Risk Management

• Lead coordination for statutory audits, internal audits, tax audits, concurrent audits and other applicable reviews.
• Prepare audit schedules, reconciliations, supporting documents and management responses within agreed timelines.
• Support due diligence, financial reviews and information requests from lenders, investors and other stakeholders.

8. Team Management & Stakeholder Coordination

• Lead, guide and review the work of the Finance & Accounts team, including task allocation, performance monitoring and capability development.
• Liaise with statutory auditors, tax consultants, banks, lenders and external service providers.
• Provide timely and reliable financial information to senior management for decision-making.

Eligibility Criteria

Education

• Chartered Accountant (CA) from the Institute of Chartered Accountants of India (ICAI).

Experience

• Manager / Senior Manager: Typically 23 years of relevant post-qualification experience.
• Experience in an NBFC, fintech, digital lending company or BFSI organisation is preferred.
• Exposure to lending operations, treasury, financial reporting, regulatory compliance and audit management will be an advantage.

Skills & Competencies

• Strong knowledge of accounting standards, financial reporting, taxation and statutory compliance.
• Practical understanding of NBFC operations, digital lending, loan accounting and treasury processes.
• Experience in month-end closing, balance sheet reconciliations, MIS preparation and audit management.
• Familiarity with applicable RBI reporting requirements and NBFC regulatory frameworks.
• Proficiency in MS Excel, accounting software and ERP systems such as Oracle, SAP or Tally.
• Strong analytical, problem-solving, documentation and process-management skills.
• Ability to lead a team, manage multiple priorities and deliver within tight deadlines.
• Effective communication and stakeholder-management capabilities.
• A process-oriented mindset with a focus on automation, accuracy, governance and continuous improvement.

Key Success Measures

• Timely and accurate monthly, quarterly and annual financial closures.
• Accuracy and completeness of financial statements, MIS and regulatory submissions.
• Timely completion of statutory filings and resolution of tax and audit observations.
• Effective reconciliation and closure of outstanding accounting differences.
• Strengthening of internal financial controls and reduction in recurring control gaps.
• Improved efficiency through process automation and reduced manual intervention.

Effective team management and adherence to agreed service levels and reporting timelines.