Revenue Assurance Manager

Role: Revenue Assurance and Regulatory Reporting Finance (Senior Manager)

Location: Gurgaon

Reporting to:Finance/Business Controller

Role Objective:

To ensure accurate, timely RBI regulatory reporting and end-to-end revenue assurance for the NBFC by validating data integrity, income recognition, interest calculations, and leakage controls across systems.

Roles & Responsibilities:

1. RBI Regulatory Reporting

• Own preparation, review, and submission of RBI returns, including but not limited to:
• NBS-1, NBS-2, NBS-7
• Statutory returns and ad-hoc RBI data requests
• CKYC / CRILC data validation (from finance perspective)
• Ensure data consistency across RBI returns, financials, and MIS.
• Track and implement changes in RBI guidelines impacting reporting.
• Act as primary SPOC for RBI inspections on reporting and data matters.

1. Revenue Assurance & Income Integrity

• Ensure correct interest income recognition in line with:
• Loan terms
• Ind-AS / Banking norms
• RBI income recognition guidelines
• Validate:
• Interest accruals
• Penal interest
• Processing fees and other charges
• Identify and plug revenue leakages due to system issues, incorrect configurations, or operational lapses.

1. Reconciliations & Data Controls

• Oversee critical reconciliations impacting revenue:
• LMS vs GL
• Bank collections vs system postings
• Fee income and interest reversals
• Ensure maker-checker controls and exception tracking.
• Partner with accounting team for timely resolution of breaks (without owning book closure).

1. System & Product Controls

• Work with tech/product teams to:
• Validate LMS configurations for interest, EMI schedules, and charges.
• Ensure correct treatment for restructures, pre-closures, moratoriums, NPAs.
• Participate in UAT for new products or system changes impacting revenue or reporting.

Qualifications

• Educational Background: CA/MBA
• Experience: 3-4 years of experience in Banking/lending finance