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

The Corporate Institute; Hinoba-an; On-site; PHP 2,320,000 - 3,646,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a Head – Accounts & Taxation to own accounting, tax compliance and financial controls for an NBFC. You will drive governance, audit readiness, and scalable finance architecture while partnering with business lines to enable growth.

Qualifications include CA with 8+ years, deep IND AS and RBI rule knowledge, and leadership of a high-performing team. The role requires strategic finance stewardship and strong regulatory acumen.

Qualifications

• CA with 8+ years of progressive finance experience.
• Deep knowledge of IND AS, Schedule III, RBI rules and tax law.
• Experience in high-growth NBFC with a similar role.
• Strong expertise in ECL modelling, IFC/ICFR, regulatory reporting systems.
• Sound judgement and integrity in navigating regulatory accounting positions.

Responsibilities

• Own monthly, quarterly and annual book closure with Board/MIS reporting.
• Drive a disciplined close calendar for high-volume loan books and accurate recording.
• Institute ECL governance, modelling, overlays and provisioning rationales.
• Ensure full IND AS compliance and Schedule III presentation for NBFCs.
• Lead RBI audits readiness, regulatory returns and inspections.

Skills

IND AS

IFRS

Regulatory reporting

Leadership

Education

Chartered Accountant (CA)

Tools

IND AS tools

Tax software

ERP systems

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.
• Institutionalise 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