- Location
- Bengaluru-VTP, India
- Type
- Internship
- Department
- Finance
- Seniority
- Manager
- Experience
- 3+ years
- Source
- Greenhouse
Description
About Groww:
We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.
Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.
Our Vision
Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.
Our Values
Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves.
The values that form our foundation are:
- Radical customer centricity
- Ownership-driven culture
- Keeping everything simple
- Long-term thinking
- Complete transparency
Job Description
Financial Reporting & Close
- Lead the month-end closure process, ensuring timely completion of books and effective coordination with Business Finance, Accounts Receivable (AR), and Accounts Payable (AP) teams.
- Prepare complete financial statements for the entity and present financial results to internal stakeholders with clarity and actionable insights.
- Review and ensure accurate calculation of Expected Credit Loss (ECL) provisions (Ind AS 109) in alignment with the entity’s underlying credit risk, in collaboration with the Risk team.
- Develop and prepare accounting entries for new or complex transactions, ensuring compliance with applicable accounting standards.
- Maintain strong working knowledge and application of Ind AS 109 (Financial Instruments) and Ind AS 115 (Revenue from Contracts with Customers), with a particular focus on ECL.
Regulatory Compliance & Reporting (NBFC / RBI)
- Prepare and file all mandatory RBI returns on a monthly, quarterly, and annual basis.
- Act as a subject-matter expert on RBI guidelines for NBFCs, including Digital Lending Guidelines and Scale-Based Regulations (SBR), ensuring accurate interpretation and implementation.
- Collaborate closely with the Compliance team to ensure closure of all RBI compliance-related matters.
Audit & Governance
- Serve as the primary point of contact for Internal, Tax, and Statutory auditors, ensuring timely and successful audit completion.
- Work with the Secretarial team for quarterly Board Meetings, setting agendas and ensuring all statutory and regulatory resolutions are appropriately passed.
- Monitor and report all related-party transactions (RPTs), and update the omnibus approval list as new transactions arise.
Stakeholder Management & Strategy
- Participate in the preparation of the quarterly Board Deck for both the Audit Committee and the Board.
- Present liquidity risk and key business performance metrics to the ALCO (Asset Liability Committee).
- Partner with the Treasury team by providing necessary financial data for fund-raising activities and addressing lender queries and requirements.
Experties and Qualification
-
Bachelor’s or Master’s degree in Finance, Accounting, Commerce, or related fields
-
CA qualification is mandatory
-
Minimum 3 years of experience in an NBFC (preferred)
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Strong knowledge of RBI regulations applicable to NBFCs
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Ability to work in fast-paced, cross-functional environments
Skills
Accounts PayableAccounts ReceivableCompliance
