Head – Accounts & Taxation – CA Virtuous Advisors and Resources Pvt. ltd.

The Corporate Institute; Mumbai; On-site; INR 4,000,000 - 5,500,000; Full time

Job summary

The Corporate Institute in Mumbai invites applications for a Head – Accounts & Taxation role to lead financial governance, regulatory compliance, and tax strategy for a fast-growing NBFC.

You will own month-end closure, RBI/NBFC returns, IND AS compliance, ECL governance, and drive automation across the finance function. CA with 8+ years’ experience is expected.

Qualifications

• Deep knowledge of IND AS, Schedule III and RBI/NBFC regulations.
• Experience with ECL governance, model validation and provisioning reasoning.
• Ability to lead regulatory reporting and tax compliance in a high-growth NBFC.

Responsibilities

• Own monthly, quarterly and annual close and MIS reporting.
• Ensure RBI/NBFC prudential returns with timely, accurate reporting.
• Lead audits (statutory, internal, tax, RBI) from readiness to closure.
• Drive automation and digitalization of finance processes for scalability.
• Mentor and retain a high-calibre Accounts & Taxation team.

Skills

IND AS knowledge

IFC/ICFR frameworks

Tax compliance management

Education

Chartered Accountant (CA)

Tools

ERP systems

RPA

Data Lake

Job description

Head – Accounts & Taxation

Location: Mumbai

Reporting to: HOD/CFO

About the Role:

The Head – Accounts & Taxation is the single point of accountability for the accuracy, integrity and regulatory compliance of the NBFC’s books of accounts, tax compliance, and financial control environment. Operating as a strategic partner to the function, the role goes beyond routine accounting & tax delivery to shape financial governance, drive audit and regulatory readiness, enable new business lines, and build a scalable, automated finance backbone – benchmarked against the standards of leading diversified NBFCs in the Industry.

Key Responsibilities:

• Own the end-to‑end monthly, quarterly and annual book closure and Board/investor MIS with no‑surprise, first‑time‑right reporting.
• Drive a disciplined close calendar across the LMS, ensuring accounting integrity of high-volume retail/wholesale loan books and timely accurate accounting/recording of all transactions.
• Institutionise ECL (Expected Credit Loss) governance – methodology, model validation, overlays and provisioning rational.
• Ensure full technical compliance of financial statements with IND AS (109, 116, 32, etc.) and Schedule III (Division III) presentation for NBFCs.
• Track evolving accounting standards/ICAI guidance and provide the impact analysis and lead implementation of changes.
• Own the related-party transactions, segment and fair-value disclosures with technical rigor expected of a listed.
• Ensure 100% accurate, on‑time submission of all RBI/NBFC prudential returns (DNBS, CRILC, capital adequacy, Treasury related returns).
• Act as primary finance interface for RBI inspections – pre inspection readiness, query resolution and risk mitigation action plans.
• Monitor regulatory developments (scale-based regulation, IND AS/RBI convergence, etc.) and proactively reposition policy, reporting frameworks and implement the changes, if any.
• Own the tax compliance- corporate tax, TDS, GST – including optimisation, litigation management and assessment/appeal representation, if any.
• Advise the business (product, treasury, co-lending, digital lending) on tax structuring for new products and partnerships before launch.
• Monitor Tax & Regulatory changes and implement, Provide the guidance to business from tax and Regulatory perspective.
• Build a defensible tax governance framework and maintain a healthy relationship with tax authorities and external counsel.
• Design, implement and continuously test the IFC/ICFR framework across the finance value chain in line with the Companies Act and accepted control principles.
• Own the Risk & Control Self-Assessment (RCSA) programme with monthly control testing to identify and close gaps ahead of audit.
• Govern master data integrity – chart of accounts, tax masters, vendor/customer masters – with segregation of duties and system-enforced approvals.
• Standardize and update the finance processes, policies & SOPs.
• Lead statutory, internal, tax, concurrent and RBI audits end-to end – readiness, query management and time-bound closure of observations.
• Own the relationship with key stakeholders for smooth audit closure.
• Drive root-cause based closure of audit actionable to prevent repeat observations across cycles.
• Drive automation and digitalization of finance processes to enhance efficiency, accuracy, and scalability.
• Partner with Tech to strengthen the finance systems architecture (ERP, LMS integration, RPA, data lake) for a fast growing loan book.
• Benchmark processes against industry leaders and drive a continuous-improvement roadmap for the finance function.
• Build, mentor and retain a high-calibre Accounts & Taxation team; create career paths and succession depth for critical roles.
• Instil a culture of ownership, technical excellence and regulatory discipline across the team.
• Act as a strategic partner and coach to direct reports, enabling them to independently manage stakeholders.
• Serve as a trusted finance partner to the HOD, CXOs and CEO on accounting, tax and regulatory matters.
• Bridge Finance with Business, Risk, Operations and Technology to enable new products/business lines with accounting and compliance readiness.

Qualifications and Experience:

• Chartered Accountant (CA) with 8+ years of progressive finance experience preferably from NBFC/HFC background.
• Deep technical mastery of IND AS, Schedule III, RBI prudential/NBFC regulations and direct/indirect tax law.
• Prior experience in a high-growth, scale-based-regulation NBFC, having operated at a similar role.
• Strong grip on ECL modelling, IFC/ICFR frameworks and regulatory reporting systems (NBS, DNBS, ALM returns).
• Sound judgement and integrity in navigating complex, ambiguous regulatory and accounting positions.

Contact:

Ila Jain, 8960700209

Deepa Gurumurthy, 7045222562

Puneet Chaudhary, 9769799970