Axis Finance | Deputy Manager:Finance and Accounts_AFL

Responsibilities

• The role will primarily focus on financial accounting, financial reporting, statutory compliance, and preparation of financial statements under IGAAP and Ind AS frameworks.
• Preparation and review of monthly, quarterly, half-yearly, and annual financial statements.
• Ensure timely month-end, quarter-end, and year-end financial closing.
• Review of trial balance, general ledger scrutiny, account reconciliations, and balance sheet substantiation.
• Preparation of technical accounting position papers and accounting memos.
• Evaluation of new accounting standards, amendments, and regulatory guidelines impacting the business.
• Coordination with statutory auditors, internal auditors, tax auditors, and regulatory auditors.
• Closure of audit observations and support during audits.
• Preparation of schedules, notes to accounts, and supporting workings.
• Review and monitoring of provisioning, ECL computations, and financial reporting impacts.
• Ensuring compliance with financial reporting policies and SOPs.
• Preparation of financial MIS and analytical reports for senior management.
• Support business teams in accounting treatment and financial reporting implications of transactions.
• Coordination with ERP and finance system teams for reporting automation.
• Identification and implementation of process improvement initiatives.
• Participation in finance transformation and reporting automation projects.
• Preparation and review of corporate income tax computations.
• Preparation of advance tax and self-assessment tax workings.
• Review of TDS compliance and tax-related reconciliations.
• Computation of current tax and deferred tax under Ind AS.
• Preparation of tax provisions and disclosures in financial statements.
• Support in handling income tax assessments, notices, and departmental queries.
• Coordination with tax consultants and legal advisors.
• Preparation of responses for scrutiny assessments and tax audits.
• Tracking amendments in Income Tax Act and evaluating impact on the NBFC.
• Providing tax advisory support to finance and business teams on routine transactions.
• Working knowledge of ERP systems such as Oracle, SAP, Finacle, Pennant, or equivalent.

Requirements

• Advanced proficiency in Microsoft Excel.
• Strong analytical and problem-solving skills.
• Ability to manage multiple deliverables under tight timelines.
• Effective stakeholder management and communication skills.
• Attention to detail and accuracy.
• Experience: 3 - 6 Years

Axis Finance Limited

Part of the Axis Bank group, Axis Finance Limited is a non-banking financial company (NBFC) wholly owned by Axis Bank Limited. It lends to large and mid-sized companies through its wholesale business, which covers corporate, collateral-backed and real estate lending, and to individuals and small businesses through retail and MSME products such as loans against property, home loans, business loans and personal loans. The company's registered office is at Axis House in Worli, Mumbai. It serves customers through branches across India, and its real estate lending is active in the metro and Tier 1 cities.

Axis Finance recruits for finance and control roles in Mumbai. They include corporate credit analysts at analyst and senior analyst level, risk, compliance and internal audit positions, and finance and accounts work such as financial reporting. The financial reporting team looks for qualified Chartered Accountants with three to six years of post-qualification experience, and other postings name CA, CA Inter or CMA (ICWA), or a bachelor's or master's degree in commerce, finance, economics, law or a related field.

• Industry: Non-banking finance (NBFC): corporate, real estate, MSME and retail lending
• Headquarters: Mumbai, India (registered office at Axis House, Worli); wholly owned subsidiary of Axis Bank Limited
• In India: Axis Finance Limited, with branches across India; its finance, credit, risk and audit roles are based in Mumbai