Job Description

Role Overview

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We are seeking a highly skilled and detail-oriented Finance & Accounts Manager with 7-10 years of experience in the BFSI sector. This is a pivotal role responsible for overseeing the financial reporting framework, compliance with IND-AS, operational finance, and internal controls. The ideal candidate will bring strong technical expertise, hands-on experience across core finance functions, and the ability to contribute strategically through budgeting, forecasting, and MIS reporting. This position offers the opportunity to work in a dynamic, fast-paced environment and engage with senior leadership and external stakeholders.

Key Responsibilities

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1.

Finance & Accounts Operations

Oversee month-end and year-end closing processes.

Manage accounts payable and receivable operations. Handle cash receipts, general ledger, payroll, and utility payments. Manage treasury operations including cash flow forecasting and budgeting. Conduct revenue and expenditure variance analysis. Oversee capital and fixed asset reconciliations, tracking, and debt servicing.

2.

Financial Reporting & Analysis

Prepare and consolidate financial statements as per IND-AS.

Conduct regular MIS and financial reporting for internal and external stakeholders. Analyze financial performance including yield, cost of borrowing, and Net Interest Margin (NIM). Support strategic business decisions with data-driven insights and portfolio-level analytics.

3.

Regulatory & RBI-Specific Financial Compliance

Ensure compliance with RBI Master Directions, liquidity norms (LCR/ALM), and CRAR requirements.

Liaise with RBI, statutory auditors, and regulators for inspections and compliance queries. Ensure accurate and timely submission of financial disclosures as per IND-AS and RBI norms.

4.

Systems, Controls & Compliance

Participate in ERP implementations (Tally, Oracle, or SAP).

Implement and monitor financial controls to mitigate risks and ensure compliance. Automate reconciliations, workflows, and reporting processes for scalability. Compute IND-AS adjustments such as: + EIR (Effective Interest Rate - Ind AS 109),
+ ECL (Expected Credit Loss - Ind AS 109),
+ EIS (Effective Interest Spread for derecognized financial assets like PTC/securitization).
Prepare and track annual operating plans versus actuals.

5.

Fund Management & Borrowings

Manage working capital and coordinate fund drawdowns from lenders and banking partners.

Track and manage repayment schedules, interest costs, and covenant compliance. Oversee securitization & Direct Assignment (DA) accounting, including PTC-related reconciliations and investor reporting.

6.

Treasury & ALM Oversight

Support ALM activities including liquidity planning, maturity profiling, and funding strategy.

Prepare ALCO reports and collaborate with Risk team for regulatory alignment.

7.

Budgeting & Operational Finance

Lead the preparation of monthly/quarterly budgets for disbursements, collections, and branches.

Collaborate with business heads to monitor cost-to-income, yields, and operational KPIs.

8.

Audit & Governance

Coordinate internal audits covering lending, expense, and vendor areas.

Facilitate statutory and RBI audit requirements, and ensure timely closure of audit findings.

Experience Requirements

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Proven expertise in preparing IND-AS financial statements, including both standalone and consolidated accounts.

Familiarity with IFRS and any prior experience working in Saudi Arabia is an added advantage. Hands-on experience across core finance functions including taxation, revenue management, accounts payable/receivable, banking, and treasury. Demonstrated ability to prepare MIS and deliver board-level presentations to Directors and Investors. Experience in budgeting, forecasting, and financial modeling.

Key Skills

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Proficient in MS Excel and PowerPoint; working knowledge of Office 365 suite.

Familiar with Tally and ERP platforms such as Oracle or SAP. Excellent attention to detail with strong analytical and documentation skills. Ability to work independently with minimal supervision and manage multiple priorities effectively. Self-motivated, and adaptable to a fast-paced, multicultural work environment. Strong written and verbal communication skills in English. High degree of integrity and trustworthiness.

About Us

We are a newly established, credit focused NBFC committed to enabling access to finance for MSMEs and underserved retail borrowers across India. Our mission is to build a modern, tech-enabled lending platform that delivers responsible credit at scale.


Our parent AVANA Companies (www.avanacompanies.com) is a U.S. based group of credit and finance companies specializing in lending to specific niche industries that we're highly knowledgeable in, such as hospitality, construction, and traditional Commercial Real Estate (CRE) because it enables us to provide the best possible service for our borrowers and minimize risk for our investors. We focus on helping small business owners and real estate developers across the USA by offering quick, adaptable, and dependable financing.


Based in Glendale, Arizona, our financial services firm stands at the forefront of the industry, embracing innovation and fostering a culture of excellence.


Founded in 2002, we have originated loans in excess of $6.5 Billion and managed $1 Billion assets for our investors.

Why join us

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Join a high-growth NBFC where you'll shape core finance systems, drive regulatory compliance, and lead strategic financial initiatives from day one. Work directly with founders and leadership in a transparent, fast-paced environment. Gain exposure across treasury, lending operations, investor reporting, and IND-AS compliance. This is a high-impact role with clear growth into future leadership.