Accounts Executive NBFC / Lending Fintech

Key Responsibilities

• Maintain day-to-day books of accounts and accounting records for the lending business.
• Handle accounting entries relating to loan disbursements, principal repayments, interest income, processing fees, penal charges, overdue charges, write-offs and recoveries.
• Reconcile the loan management system (LMS) with the accounting/GL records.
• Reconcile bank accounts, collection accounts, disbursement accounts and other operational accounts.
• Monitor and reconcile loan receivables, interest receivables, overdue amounts and customer collections.
• Ensure proper accounting of EMI collections and allocation between principal, interest and other charges.
• Assist in accounting and reconciliation of NPA/overdue accounts, provisions, write-offs and recoveries.
• Support preparation of monthly/quarterly financial statements, MIS and management reports.
• Assist in month-end and year-end closing and ensure timely completion of accounting activities.
• Coordinate with auditors, tax consultants, statutory auditors and other professional advisors.
• Assist with GST, TDS and other applicable statutory compliances.
• Assist in preparation of schedules and information required for RBI/NBFC reporting and regulatory requirements.
• Maintain proper documentation and supporting records for accounting entries and audits.
• Identify accounting discrepancies and ensure timely resolution.
• Support the finance team in improving accounting processes, reconciliations and internal controls.

Preferred Experience

Candidates with experience in any of the following will be strongly preferred:

• NBFC / Housing Finance Company / Bank
• Lending FinTech / Digital Lending Company
• CA firm handling NBFC or lending-company accounts
• Accounting/audit experience involving loan portfolios and financial institutions

The candidate should preferably have exposure to NBFC accounting, Ind AS, loan portfolio accounting, NPA/provisioning, interest income recognition and RBI-related financial reporting.

Required Skills

• Strong knowledge of accounting fundamentals and financial statements.
• Practical understanding of lending/loan accounting.
• Good working knowledge of Tally / ERP / accounting software.
• Strong proficiency in MS Excel, including reconciliations and financial data analysis.
• Good understanding of GST and TDS.
• Strong attention to detail and accuracy.
• Ability to independently identify and resolve accounting/reconciliation issues.
• Good communication and coordination skills.

Qualifications

• B.Com / M.Com preferred.
• CA Inter / CA articleship experience will be an advantage.
• 25 years of relevant accounting experience.
• Experience specifically in NBFC, Bank, Lending FinTech or a CA firm servicing NBFCs will be preferred.