Group Manager - Finance Controllership (NFS)
About Navi : Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.
Founders: Sachin Bansal & Ankit Agarwal
Know what makes you a “Navi_ite” :
1.Perseverance, Passion and Commitment
• Passionate about Navi’s mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above and beyond by taking on additional responsibilities
2.Obsession with high quality results
• Consistently creates value for the customers and stakeholders through high quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritizes tasks, and achieves higher standards
3.Resilience and Adaptability
• Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Roles and Responsibilities :
Financial Reporting and Analysis:
● Work on monthly, quarterly, and yearly closure of books of accounts, MIS and reporting to investors and other stakeholders as needed
● Conduct financial analysis and provide insights on financial performance, variances from Budgets
● Ensure compliance with Ind AS and other reporting requirements Internal Controls and & System Developments:
● Develop and implement internal control policies and procedures to ensure the integrity of financial information
● Ensure compliance with Accounting and Auditing requirements of internal controls
● Strive for continuous improvement in systems and integrations, and work on automation to improve systems. Past ERP implementation experience is a great advantage.
Accounting Operations:
● Oversee the accounting department and ensure the accurate and timely recording of all financial transactions
● Manage kay controlling areas like accounts payable, accounts receivable, payroll, taxation and general ledger activities
● Manage multi entities set up for accounting and reporting.
Team Leadership and Development:
● Lead and mentor the large (10 member) qualified team of finance, accounting & credit
● Foster a collaborative and high-performance work environment.
● Conduct performance evaluations and identify training and development needs.
● Partner with business leaders and peers to drive the organization goals.
External Stakeholder Management:
● Work with the Statutory and Internal Auditors (Big4s) effectively and implement the changes, and communicate the outcomes to the business stakeholders
● Act as a primary point of contact analysts and other team members of investors for tactical data requirements and query resolutions
● Primary contact for all lenders and financing partners for data submissions and financing line renewals.
● Working with due diligence partners to ensure that diligence reports are free from any material negative remarks.
Skills and Qualifications:
● Education: Qualified Chartered Accountant
● Experience: Minimum 8 - 10 years of experience with exposure to working in consulting (Big 4) and mid-size but fast-paced companies.
● Experience of working in startups is a plus but not the must! Should have at least 4 years of experience in managing and developing a team.
● Strong knowledge of financial reporting requirements including Ind AS
● Proficiency in accounting software and ERP systems (e.g., NAV/SAP, prior experience of NAV/BC is a great advantage)
● Excellent analytical, problem-solving, and decision-making skills.
● Strong leadership and team management abilities.
● Effective communication and interpersonal skills.
● High attention to detail and accuracy.
● Ability to deal with external and internal stakeholders
● Ability to work in fast fast-paced environment with tight deadlines and limited clarity
● Ability to multitask and reset priorities quickly!