Main Accountabilities
1. Financial Reporting & Closures
• Lead monthly, quarterly, and annual financial closures
• Ensure accuracy, completeness and timelines of financial statements
• Maintain alignment between books of accounts, MIS and disclosures
2. GL Control & Accounting Governance
• Oversee GL integrity across portfolios and business units
• Ensure appropriate accounting treatment in compliance with IndAS and IFRS
• Drive cleanup of aged / unreconciled balances
3. IND-AS Compliance & Disclosures
• Ensure adherence to IND-AS and IFRS standards in financial reporting
• Review notes to accounts and disclosures for completeness and accuracy
• Support preparation of statutory financial statements and audit schedules
4. Regulatory Reporting (RBI & Others)
• Oversee preparation and submission of RBI returns and regulatory filings
• Ensure compliance with applicable regulatory requirements
• Manage ad-hoc data regulatory data request efficiently
5. Audit & Compliance Management
• Coordinate with Statutory Auditors, Internal Audit, IFC, and regulatory authorities
• Provide required schedules, reconciliations and explanations
• Ensure closure of audit observations with defined timelines
6. Business Accounting Oversight
• Validate revenue recognition, provisioning, and expense accounting
• Identify inconsistencies and implement corrective actions
7. MIS, Analytics & Management Reporting
• Review MIS reports and financial analytics
• Preparation of management and Board-level presentations
• Provide insights on financial performance and variances
8. Process Improvement & Controls
• Identify process gaps and strengthen internal controls
• Enhance governance to prevent misstatements and errors
• Drive standardization and best practices across accounting processes
9. Automation & System Enablement
• Champion automation initiatives in financial reporting and reconciliations.
• Collaborate with IT for system enhancements (e.g., SAP, reporting tools).
• Improve efficiency through system-driven controls and reporting
10. Consolidation & Group Reporting
• Lead consolidation of financial statements across entities, ensuring accuracy and completeness
• Ensure elimination of inter-company transactions and reconciliation of group balances
• Drive timely preparation of consolidated financials in compliance with IND-AS (Ind AS 110, 111, 28, etc.)
• Review consolidation adjustments, minority interest, and group-level disclosures
• Coordinate with business units and subsidiaries for standardized reporting and data submission
• Strengthen controls and automation around consolidation processes and group reporting
Qualifications & Experience
• 7–10 years experience in Controllership / Financial Reporting
• Strong knowledge of IND-AS and financial reporting frameworks
• Experience in audit handling and regulatory reporting (RBI preferred)
• Strong analytical and problem-solving skills
• CA preferred
Competencies:
Functional Competencies
Key Decisions taken
• Validation of financial statements and accounting treatments
• Resolution of discrepancies in GL and financial reporting
• Prioritization of reporting, audit, and regulatory deliverables
• Identification of control gaps and process improvements
• Escalation and resolution of financial risks
• Validation of consolidation adjustments and group-level financial statements
Tata Capital Limited is a subsidiary of Tata Sons Limited. The Company is registered with the Reserve Bank of India as a Core Investment Company and offers through itself and its subsidiaries fund and fee-based financial services to its customers, under the Tata Capital brand.
As a trusted and customer-centric, one-stop financial services provider, Tata Capital caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards. Tata Capital has over 500+ branches spanning all critical markets in India.
