NBFC Accounting Revenue

NBFC Accounting – Revenue & Assurance | JD

Experience: 2–6 years

Qualification: CA / CA Inter / ACCA / MBA Finance / relevant finance qualification

Key Responsibilities

• Experience in NBFC accounting, revenue assurance and financial reporting.
• Review and accounting of interest income, processing fees, foreclosure charges, penalties, commission and other NBFC revenue streams.
• Strong understanding of Ind AS 109 – Financial Instruments, including EIR, loan accounting, interest accruals and ECL.
• Exposure to Ind AS 115 – Revenue Recognition and assessment of revenue contracts.
• Perform revenue reconciliation, variance analysis, ledger scrutiny and balance sheet reconciliations.
• Review loan portfolio, receivables, provisions, write-offs and recoveries.
• Support financial statement audit/assurance assignments for NBFC and financial services clients.
• Test key controls around revenue, lending, collections and financial reporting.
• Identify accounting gaps, process risks and control deficiencies and recommend remediation.
• Prepare audit/assurance working papers and coordinate with client finance and operations teams.

Key Skills

NBFC Accounting | Revenue Assurance | Ind AS 109 | Ind AS 115 | EIR | ECL | Loan Accounting | Interest Income | Revenue Recognition | Financial Reporting | Reconciliation | Audit & Assurance

Preferred: Prior experience with Big 4/consulting firms, NBFCs or BFSI clients.