Lead – Financial and Regulatory Reporting

Job Title: Lead Financial and Regulatory Reporting

Location: Mumbai, Vikhroli/Kanjurmarg

Reports To: Chief Financial Officer

Role Overview:

The Lead Financial and Regulatory Reporting will be responsible for ensuring accurate and timely preparation of financial statements, regulatory returns, and compliance with applicable accounting standards, RBI/NHB guidelines, and statutory requirements. The role also involves managing direct tax compliance and reporting, supporting audits, and driving process improvements in financial reporting.

Key Responsibilities:

Financial Reporting

• Prepare and review monthly, quarterly, and annual financial statements in compliance with Ind AS and applicable regulatory norms.
• Ensure timely closure of books of accounts and preparation of MIS for management.
• Coordinate with auditors for statutory, internal, and tax audits.
• Maintain robust internal controls over financial reporting.

Regulatory Reporting

• Prepare and submit regulatory returns to RBI/NHB and other authorities within stipulated timelines.
• Monitor changes in regulatory requirements and implement necessary updates in reporting processes.
• Liaise with regulators during inspections and respond to queries promptly.

Direct Tax Compliance

• Ensure accurate computation of taxable income and timely filing of income tax returns.
• Oversee tax audit compliance under Section 44AB and preparation of Form 3CD.
• Manage TDS compliance , including deduction, payment, and filing of returns.
• Monitor changes in tax laws and assess their impact on the company.

Process Improvement

• Drive automation and efficiency in financial and regulatory reporting processes.
• Implement best practices for data accuracy and integrity.

Stakeholder Management

• Collaborate with internal teams (Finance, Operations, Risk, Compliance, etc.) for data collection and reporting.
• Provide timely and accurate financial insights to senior management.

Qualifications & Experience

• Chartered Accountant (CA) with 810 years of post-qualification experience.
• Strong knowledge of Ind AS , RBI/NHB guidelines, and Income Tax Act.
• Prior experience in NBFC/Housing Finance sector preferred.
• Proficiency in financial reporting systems and MS Office.