Financial Controller

Finance Controller - Airtel Money Limited - NBFC

ABOUT THE ROLEThe Business & Finance Controller is expected to be a business partner with deep expertise of finance functions domain for the NBFC. As the entity scales from day one, this role will be responsible for building financial infrastructure, owning the regulatory reporting framework, and providing the commercial and P&L intelligence that drives business decisions. This role is expected to provide domain-related expertise on aspects of accounting, reporting and other related regulatory filings.

Key Responsibilities . Financial Planning, MIS & Business PerformanceOwn all rolling forecasts, and monthly MIS across business lines — building these frameworks from scratch as the entity commences operationsDeliver P&L analysis at product, disbursement channel, and customer segment level; identify and clearly explain drivers of variance versus planBuild and maintain financial models for new product launches, and fee economics — translating credit and business assumptions into financial outcomesTrack and report key NBFC performance metrics: yield on AUM, cost of funds, NIM, credit cost, opex ratio, RoA and RoE — building these dashboards for the first time. Oversight of Group Parent Accounting (Shared Services Interface)Serve as the primary in-house interface for the group parent’s accounting shared services team; own the monthly close calendar and enforce input and output deadlinesReview the month end closing and publish results to management on a timely basisEnsure correct application of Ind AS 109 and other Ind AS principles related but not limited to EIR / ECL provisioning entries) in outputs received from the shared services teamOwn the reconciliation between loan system data (disbursements, repayments, NPA tagging) and the general ledger — any breaks must be identified and resolved before month-end closeManage intercompany accounting with Group entities — shared service charges, technology fees, co-lending settlements — ensuring both sides reconcile cleanly for group consolidationRegulatory Reporting & RBI ComplianceOwn all RBI supervisory return submissions for the NBFC entity: DNBS01 (financial parameters), DNBS03 (prudential parameters), and associated schedules — timely, accurate, and reconciled to financial statementsOversee NPA classification and provisioning in line with RBI’s IRACP norms; ensure Stage 3 (Ind AS) and NPA (regulatory) classifications are reconciled and differences are documentedEnsure compliance with RBI’s Scale-Based Regulation (Middle Layer) requirements on capital adequacy (CRAR), concentration limits, and mandatory disclosures in financial statementsSupport the Revenue & Regulatory Reporting SM in preparing and reviewing all RBI returns; final accountability rests with this roleInternal Financial Controls (IFC) & Consol FrameworkDesign and implement the Internal Financial Controls frameworkConduct or oversee periodic IFC testing; maintain documentation of control design, operating effectiveness, and any gaps with remediation plansOwn the consolidation reporting pack for Airtel Finance’s contribution to the group consolidated financials; ensure intercompany eliminations and group accounting policies are applied consistently

Statutory Audit & Board ReportingLead the annual statutory audit process end-to-endReview the annual financial statements (balance sheet, P&L, cash flow statement, notes to accounts) in line with Ind AS and RBI-prescribed formatsPrepare quarterly Board and Audit Committee financial packs — P&L, balance sheet, capital adequacy, asset quality, and key regulatory metrics

Team Leadership & Finance Function BuildingDirectly manage critical finance functions of Revenue & Regulatory Reporting (SM), BPA Finance (SM), and Consol + CFR Head — setting clear mandates, objectives, and development plans for eachBuild the finance function’s processes, systems, and ways of working from the ground up — close calendars, review frameworks, MIS templates, and escalation protocolsAct as the domain knowledge anchor for the NBFC

REQUIRED QUALIFICATIONS & EXPERIENCEChartered Accountant (CA) — mandatory; MBA Finance from a Tier-1 institution is a strong additional qualification6–10 years of total experience with a minimum of 4 years in an NBFC or a related lending entity in a senior finance roleHands-on experience with Ind AS 109 — ECL provisioning, EIR amortization, and financial instrument classificationWorking knowledge of RBI’s NBFC regulatory framework: SBR Master Direction, IRACP norms, ALM guidelines, co-lending master direction, and supervisory return formatsExperience in building or significantly improving MIS, financial reporting, and close processes in a startup or early-stage environment is strongly preferred