Financial Controller

Corenza; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Corenza is seeking a finance leader to oversee financial reporting, Ind AS compliance, ECL management, audits, budgeting, and governance. You will drive accuracy, strengthen internal controls, and guide a team of finance professionals in Mumbai.

Key functions include monthly closings, policy adherence, collaboration with risk and business teams, and presenting results to senior leadership. Prior experience in Indian financial regulations, RBI exposure, and ERP systems is essential for success.

Qualifications

• Strong knowledge of accounting principles and financial regulations.
• Exposure to RBI regulations and financial services compliance.
• Experience presenting financial results and provisioning analysis to senior leadership and auditors.
• Proficiency in SAP, Tally, Oracle, or similar ERP systems.
• Excellent analytical, problem‑solving, and negotiation skills.
• Strong communication and stakeholder management abilities.
• Attention to detail and ability to handle high‑volume transactions.
• Ability to work in a team and meet tight deadlines.

Responsibilities

• Oversee financial control, reporting, compliance, and governance activities.
• Oversee general ledger management, account reconciliations, and financial close processes.
• Monitor financial controls and ensure adherence to accounting policies and procedures.
• Provide financial analysis and insights to support business decision‑making.
• Ensure compliance with Ind AS requirements and regulatory guidelines.
• Coordinate with auditors and consultants on Ind AS implementation and reporting matters.
• Develop, review, and monitor ECL models and provisioning methodologies.
• Ensure accurate computation and reporting of ECL provisions per Ind AS 109.
• Analyze portfolio performance, credit risk indicators, and provisioning adequacy.
• Collaborate with Risk, Credit, and Business teams for data validation and impairment assessments.
• Present ECL trends, assumptions, and recommendations to senior management.
• Lead statutory, internal, tax, and regulatory audits.
• Ensure timely closure of audit observations and corrective actions.
• Maintain compliance with applicable financial regulations and reporting requirements.
• Strengthen internal controls and governance frameworks.
• Support annual budgeting, forecasting, and financial planning exercises.
• Prepare management reports, board presentations, and financial dashboards.
• Monitor key financial metrics and variance analysis.
• Lead and mentor finance and accounting team members.
• Establish performance standards and ensure continuous process improvement.
• Drive automation and efficiency initiatives across finance operations.

Skills

Ind AS compliance

ECL provisioning

Financial reporting

Audit & compliance

Budgeting & MIS

Team leadership

Tools

SAP

Tally

Oracle

Job description

Role & responsibilities

To oversee financial control, reporting, compliance, and governance activities with a strong focus on Indian Accounting Standards (Ind AS), Expected Credit Loss (ECL) provisioning, financial reporting, audits, and internal controls.

1. Financial Reporting & Control

• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.


• Oversee general ledger management, account reconciliations, and financial close processes.


• Monitor financial controls and ensure adherence to accounting policies and procedures.


• Provide financial analysis and insights to support business decision‑making.

2. Ind AS Compliance

• Ensure compliance with applicable Ind AS requirements and regulatory guidelines.


• Review accounting treatments for complex transactions and recommend appropriate accounting approaches.


• Coordinate with auditors and consultants on Ind AS implementation and reporting matters.


• Keep abreast of changes in accounting standards and assess their impact on the organization.

3. Expected Credit Loss (ECL) Management

• Develop, review, and monitor ECL models and provisioning methodologies.


• Ensure accurate computation and reporting of ECL provisions in line with Ind AS 109 requirements.


• Analyze portfolio performance, credit risk indicators, and provisioning adequacy.


• Collaborate with Risk, Credit, and Business teams for data validation and impairment assessments.


• Present ECL trends, assumptions, and recommendations to senior management.

4. Audit & Compliance

• Lead statutory, internal, tax, and regulatory audits.


• Ensure timely closure of audit observations and implementation of corrective actions.


• Maintain compliance with applicable financial regulations and reporting requirements.


• Strengthen internal controls and governance frameworks.

5. Budgeting & MIS

• Support annual budgeting, forecasting, and financial planning exercises.


• Prepare management reports, board presentations, and financial dashboards.


• Monitor key financial metrics and variance analysis.

6. Team Management

• Lead and mentor finance and accounting team members.


• Establish performance standards and ensure continuous process improvement.


• Drive automation and efficiency initiatives across finance operations.

Preferred candidate profile

• Strong knowledge of accounting principles, taxation, and financial regulations.


• Exposure to RBI regulations and financial services compliance requirements.


• Experience presenting financial results and provisioning analysis to senior leadership and auditors


• Proficiency in accounting software (SAP, Tally, Oracle, or similar ERP systems).


• Excellent analytical, problem‑solving, and negotiation skills.


• Strong communication and stakeholder management abilities.


• Attention to detail and ability to handle high‑volume transactions.


• Ability to work in a team and work under tight deadlines.