Finance Manager

Job description

**About Times Internet** At Times Internet, we build premium digital products that simplify and enhance the everyday lives of people.We are India’s largest digital products company with a presence in a wide range of categories across news, entertainment, marketplaces, and transactions.Many of our products are market leaders & iconic brands in their own right. TOI, ET, Indiatimes, NBT, and Cricbuzz, among others, are products that bring you closer to your interests and aspirations. We are excited by new possibilities and look forward to bringing new products, ideas, and technologies that help people make the most of every day.’ Build a career of purpose & passion with Times Internet. **Designation- Manager Finance** Finance Manager with 3–5 years of experience, including at least 2 years in a lending NBFC or Housing Finance Company (HFC). **Role Summary** Own and build the finance, accounting, regulatory reporting, and control framework for a lending NBFC from the ground up. This role will be responsible for ensuring accurate financial reporting, regulatory compliance, portfolio provisioning, treasury management, and seamless reconciliation between lending operations and accounting systems. **Key Result Areas (KRAs)** 1. NBFC Accounting & Financial Controls Design and implement an NBFC-specific Chart of Accounts (CoA) in Tally, Zoho Books, SAP, or equivalent ERP. Establish accounting processes for loan disbursements, collections, accruals, provisioning, write-offs, and treasury transactions. Ensure accurate month-end and year-end financial closure with zero material accounting exceptions. 2. Loan Portfolio Reconciliation Own end-to-end daily reconciliation between the Loan Management System (LMS), bank accounts, payment gateways, and accounting books. Ensure 100% reconciliation of disbursements, repayments, reversals, and settlements within defined TATs. Build controls and dashboards to proactively identify and resolve discrepancies. 3. RBI Compliance & Regulatory Reporting Prepare, review, and submit all applicable RBI returns, including NBS-1 to NBS-7, within regulatory timelines. Maintain complete documentation and audit readiness for RBI inspections and regulatory reviews. Track and implement changes in RBI regulations impacting NBFC operations and reporting. 4. Asset Classification & Provisioning Define and operationalize NPA recognition and provisioning processes in line with RBI IRACP norms. Monitor portfolio aging, DPD buckets, and provisioning adequacy on an ongoing basis. Ensure accurate reporting of Stage-wise assets, NPAs, write-offs, and recoveries. 5. Capital & Treasury Management Manage capital infusion, fund flows, and treasury operations, including escrow and trustee account management. Monitor Net Owned Funds (NOF), capital adequacy, and regulatory thresholds. Support management with liquidity planning and capital deployment decisions. 6. Statutory Compliance & Audit Management Lead statutory, tax, internal, and regulatory audits. Coordinate with statutory auditors, consultants, trustees, and regulatory stakeholders. Ensure compliance with the Companies Act, RBI guidelines, and applicable financial regulations. 7. GST & Tax Compliance Establish GST accounting and compliance processes for lending-related revenue streams, including processing fees and ancillary charges. Ensure timely and accurate GST filings, reconciliations, and invoice management. Support tax audits and assessments as required. 8. MIS & Business Reporting Develop finance MIS, portfolio analytics, and management dashboards. Provide periodic insights on collections, disbursements, profitability, provisioning, liquidity, and regulatory metrics. Drive automation and process improvements across finance operations. **Key Requirements** 3–5 years of finance and accounting experience, with at least 2 years in a lending NBFC or HFC. Hands-on experience in NBFC accounting, RBI reporting, and regulatory compliance. Proven experience independently preparing and filing RBI NBS returns. Strong understanding of RBI IRACP norms, NPA classification, and provisioning requirements. Proficiency in Tally, Zoho Books, SAP, or similar accounting systems. Advanced Excel skills and experience building MIS and financial reports. CA, CMA, MBA (Finance), or equivalent qualification preferred; strong NBFC-specific experience may substitute.