L3 - Financial Reporting & Compliance - MH - Pune - BACL

Position: Assistant Manager / Manager – Financial Reporting & Compliance

Department Finance & Accounts

Reporting To Head – Finance / Financial Controller

Job Purpose

To ensure timely and accurate financial reporting, regulatory compliance, month-end book closure, audit coordination, MIS preparation, and process automation initiatives. The role is responsible for maintaining the integrity of financial information and supporting management decision-making through insightful reporting and analysis.

Key Responsibilities

1. Monthly Financial Statement Preparation

• Prepare and finalize monthly financial statements within defined timelines.


• Ensure accuracy, completeness, and compliance with accounting standards.


• Perform financial analysis and variance reviews.


• Coordinate with various departments for closure requirements.

2. Month-End Closing Activities

• Execute month-end closing activities within prescribed timelines.


• Prepare and review: Lease accounting workings, Depreciation calculations, Prepaid expense schedules, Employee benefit provisions (EL, Gratuity, Superannuation)


• Ensure all accounting entries are accurately and timely recorded.

3. Management Information System (MIS) Reporting

• Prepare monthly MIS reports for management.


• Analyze financial performance and key business indicators.


• Highlight variances, trends, and actionable insights.


• Support management with financial data for decision-making.

4. Audit Management

• Coordinate Internal, Statutory, Tax, and other audits.


• Ensure timely submission of audit schedules and information.


• Track and close audit observations within agreed timelines.


• Maintain proper documentation and audit readiness.

5. Regulatory Reporting & Compliance

• Review and submit RBI and regulatory returns within due dates.


• Ensure accuracy and completeness of RBI Returns (DNBS-1,DNBS-3, DNBS-4A/BB


• Liaise with regulators and auditors when required.

6. Process Improvement & Automation

• Drive finance process automation initiatives.

• Ensure system-based depreciation and asset accounting.

• Identify opportunities for efficiency improvement and control enhancement.

7. Learning & Development

• Continuously upgrade accounting, finance, and regulatory knowledge.


• Participate in professional certifications, training programs, and skill enhancement initiatives.


• Stay updated on accounting standards, RBI regulations, and industry practices.

Key Performance Indicators (KPIs)

• Monthly financial statements finalized within T+3 days.


• MIS reports submitted within T+15 days.


• Month-end closing completed within T+1 day.


• Timely closure of audit observations.


• Zero errors/resubmissions in regulatory returns.


• Continuous professional development and knowledge enhancement.

Qualification

• CA / CMA / MBA (Finance) / M.Com or equivalent qualification.

Experience

• 4 – 5 years of experience in Financial Reporting, Accounting, MIS, Audit, and Regulatory Compliance.


• Experience in NBFC/BFSI sector preferred.

Required Skills

• Financial Reporting & Finalization of Accounts


• IND AS / Accounting Standards


• RBI Regulatory Reporting


• Audit Coordination


• MIS & Financial Analysis


• ERP Systems (SAP)


• Advanced Excel


• Process Automation & Controls


• Strong analytical and communication skills

Competencies

• Attention to Detail


• Ownership & Accountability


• Time Management


• Problem Solving


• Stakeholder Management


• Continuous Improvement Mindset


• Team Collaboration