Accounts Manager

Finagle Financial Services; New Delhi; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Finagle Financial Services is seeking an Accounts Manager with 7+ years of NBFC accounting experience. The role oversees day-to-day books, loan accounting, RBI/compliance, and audit readiness, coordinating between operations, collections, and senior management.

The ideal candidate will manage GST/TDS filings, reconciliations, MIS, and regulatory reporting with accuracy and timeliness, ensuring portfolio health and statutory compliance across the organization.

Qualifications

• Strong command over Indian Accounting Standards (Ind AS / GAAP).
• Experience with loan accounting and NBFC operational guidelines.
• Practical knowledge of GST, TDS, ROC compliance and RBI regulations.

Responsibilities

• Maintain day-to-day books and ledger postings; pass loan disbursement, EMI, interest, fees, provisions entries.
• Reconcile bank accounts, payment gateways, and borrower loan accounts; manage payables/receivables.
• Prepare daily/weekly/monthly MIS and financial statements (Balance Sheet, P&L, Cash Flow).
• Coordinate ROC filings (AOC-4, MGT-7) and statutory audits; ensure clean audit closures.

Skills

Ind AS / GAAP

LMS knowledge

Tally ERP

SAP

Zoho Books

Excel advanced

Taxation & compliance

Tools

LMS

Tally ERP

SAP

Zoho Books

Job description

Role Summary

The Accounts Manager with Minimum 7 years of experience, will oversee day-to-day accounting operations, loan book reconciliation, statutory compliances (GST, TDS, ROC), and regulatory reporting specific to NBFC guidelines. The role ensures high financial accuracy, seamless audit readiness, and tight coordination between operations, collections, and senior management.

Key Responsibilities

1. Bookkeeping & General Accounting

• Maintain day-to-day books of accounts and ledger postings.
• Pass accounting entries for loan disbursements, EMI collections, interest income, processing fees, penal charges, and provisioning.
• Perform regular reconciliations of bank accounts, payment gateways, and borrower loan accounts.
• Oversee accounts payable (vendor invoices, KYCs, payments) and accounts receivable management.

2. NBFC-Specific Operations & Loan Accounting

• Reconcile data between the Loan Management System (LMS) / core lending software and the general ledger (Tally / ERP).
• Track and verify loan disbursements, collections, NACH/ECS/UPI returns, and closure/foreclosure entries.
• Maintain portfolio health data regarding active accounts, NPAs (Non-Performing Assets), overdue schedules, and interest accruals.

3. MIS & Financial Reporting

• Prepare daily, weekly, and monthly MIS reports on disbursements, collections, and portfolio performance.
• Assist in preparing monthly, quarterly, and annual financial statements (Balance Sheet, P&L, Cash Flow).
• Generate variance analysis, trend reports, and key financial indicators for the leadership team.

4. Statutory, Tax & RBI/NBFC Compliance

• Ensure timely calculation, deduction, and filing of TDS, TCS, and GST returns (GSTR-1, GSTR-3B, GSTR-9/9C).
• Handle Registrar of Companies (ROC) and Companies Act filings (AOC-4, MGT-7, etc.) where applicable.
• Assist in maintaining data and records required for RBI / regulatory compliances and statutory/internal audits.
• Coordinate with statutory, internal, and tax auditors to ensure clean audit closures.

Required Skills & Competencies

• Technical Knowledge: Strong command over Indian Accounting Standards (Ind AS / GAAP), loan accounting, and NBFC operational guidelines.
• Software Proficiency: Hands-on experience in Tally ERP / SAP / Zoho Books and dedicated Loan Management Software (LMS).
• Excel Skills: Advanced MS Excel proficiency (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, and MIS design).
• Taxation & Compliance: Practical working knowledge of GST, Income Tax, TDS, and ROC compliances.
• Soft Skills: Strong analytical mindset, high attention to detail, proactive reconciliation skills, and clear written/verbal communication.

Key Performance Indicators (KPIs)

• Accuracy and zero-error rate in monthly books closure and financial statements.
• Timely completion of bank, gateway, and loan portfolio reconciliations.
• 100% statutory compliance adherence (zero late-fee/penalty filings for GST, TDS, or ROC).
• On-time delivery of monthly MIS and audit schedules.