Finance & Compliance Manager

Job description

  • In depth understanding of all applicable laws including but not limited to Companies Act, 2017, Non-Banking Finance Company Regulations and Rules, AML and CFT Regulations, Income tax and sales tax laws.
  • Establishing standards and implementing procedures to ensure compliance with applicable laws and regulations
  • Identifying, preventing, detecting and correcting non-compliance with applicable laws and regulations.
  • Conducting trainings at an entity level on AML and CFT Regulations at regular intervals
  • Set plans to manage a crisis or compliance violation
  • Ensuring completion and compliance of contracts with third-parties
  • Liaison with regulatory bodies, legal counsel, external auditors and banks on periodic, and as and when need basis
  • Filing of statutory forms as and when required.
  • Coordinating efforts pertaining to audits, reviews, examinations and monitoring activities
  • In-depth understanding of the financial and accounting best practices including International Financial Reporting Standards (IFRS),
  • Preparation of annual financial statements and monthly management accounts as per IFRS
  • Processing vendor invoices for payments, preparing financial documents, and reconciliation of accounts
  • Ensure timely and complete adherence to tax laws i.e. Income Tax & Sale Tax.
  • Close liaison with Operation Department for recording monthly provisioning as required under NBFC rules and regulations, reporting to e-CIB on a monthly basis.
  • Providing strategic direction to the Management on compliance
  • Preparing and presenting compliance reports to the Board
  • Staying abreast with changes in regulations, and revising the compliance plan in light of changes

Job requirements

Required Working Experience

  • 5+ years of experience in a compliance and/ or finance role preferably in banking, NBFC or other financial services company

Required Education

  • CA Finalist or ACCA from any of the big four audit firms
  • Degree in finance, business administration, economics, management, legal or another closely related field

Required Skills

  • Well-versed with Companies Act 2017, NBFC Rules and Regulations, AML & CFT Regulations, Tax Laws and other applicable laws and regulations
  • Experience in developing and implementing policies and procedures
  • Proficient in using Microsoft Excel and other accounting software