Assistant Manager, Finance

SMFG INDIA CREDIT COMPANY; Mumbai; On-site; INR 670,000 - 1,004,000; Full time

Job summary

SMFG INDIA CREDIT COMPANY is seeking a finance professional with 1–3 years of experience in finance and strong familiarity with Loan Management System accounting. The role involves reviewing TB, balance sheet schedules, and loan accounting, plus coordinating audits and ensuring accuracy of income calculations.

The candidate should have CA qualifications preferred and be capable of leading issues trackers, monthly reviews, and collaboration with Tech & Ops to close root causes.

Qualifications

• Review the entity level Trial Balance and Balance Sheet Schedules.
• Review of Loan Accounting Schedules, Ageing and ensure closure of open items.
• Assist in Income Analysis and preparing product profitability of Unsecured and Secured Products.

Responsibilities

• Handling the Statutory and Internal audits for Loan Accounting process.
• Review of Assignment and Securitization deal related accounting processes.
• To do a detail monthly review of the GL balances and raises issues if any. Take all the issues to closure and maintain the detailed issue tracker.
• Define the complete set of accounting entries in the Loan Management system for the new product.
• To track control at various stages of product life cycle after going through the product program.
• Verify product maintenance made by operations and confirm on the correctness.
• Tracking all the enhancements in system required from Fincon on loan accounting.
• Maintain monthly issue tracker. Lead the monthly meeting with Tech & Ops to discuss the issues raised during the month and track the issues till the root cause is permanently fixed.
• Periodic UAT of the standard reports based on customer-based GL codes.
• Manage the GL maintenance, validate income computation and perform sampling to ensure no revenue leakages.
• Validation of manual entries & verification of rectification entries passed in LMS

Skills

GL analysis

Income analysis

Financial control

Education

CA qualification

Tools

Loan Management System

Job description

Role & responsibilities

• Review the entity level Trial Balance and Balance Sheet Schedules.
• Review of Loan Accounting Schedules, Ageing and ensure closure of open items.
• Assist in Income Analysis and preparing product profitability of Unsecured and Secured Products.
• Handling the Statutory and Internal audits for Loan Accounting process.
• Review of Assignment and Securitization deal related accounting processes.
• To do a detail monthly review of the GL balances and raises issues if any. Take all the issues to closure and maintain the detailed issue tracker.
• Define the complete set of accounting entries in the Loan Management system for the new product.
• To track control at various stages of product life cycle after going through the product program.
• Verify product maintenance made by operations and confirm on the correctness.
• Tracking all the enhancements in system required from Fincon on loan accounting.
• Maintain monthly issue tracker. Lead the monthly meeting with Tech & Ops to discuss the issues raised during the month and track the issues till the root cause is permanently fixed.
• Periodic UAT of the standard reports based on customer-based GL codes.
• Manage the GL maintenance, validate income computation and perform sampling to ensure no revenue leakages.
• Validation of manual entries & verification of rectification entries passed in LMS

Preferred candidate profile

Experience Required (In Years):

Minimum- 1-3 years of experience in Finance

Preferably have worked/knowledge on Loan Management System Accounting

Qualification Required:

Qualified CA Preferred