Job Summary
We are seeking a detail-oriented and analytical professional to manage end-to-end accounting for asset lending and loan portfolios. The ideal candidate will have hands-on experience in loan accounting, amortization schedules, financing transactions, mortgage accounting, reconciliations, and financial reporting while ensuring compliance with applicable accounting standards and internal controls
Key Responsibilities
Asset Lending & Loan Accounting
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Manage end-to-end accounting for asset lending and financing transactions.
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Record and monitor loan disbursements, repayments, interest accruals, and loan closures.
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Maintain accurate accounting records for secured and unsecured loans.
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Prepare and maintain loan amortization schedules.
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Calculate and account for interest accruals, effective interest rate (EIR), and amortization of loan-related fees and costs.
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Reconcile principal and interest balances with lender statements.
Financing & Mortgage Accounting
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Account for various financing arrangements, including term loans, working capital loans, lease financing, and mortgage loans.
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Maintain mortgage registers and monitor collateral documentation.
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Record financing costs, loan modifications, refinancing transactions, and debt restructuring entries where applicable.
Reconciliations & Financial Reporting
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Perform monthly reconciliations of loan balances, interest expenses, and financing liabilities.
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Prepare schedules supporting month-end, quarter-end, and year-end financial close.
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Ensure compliance with applicable accounting standards (IFRS/Ind AS/US GAAP, as applicable).
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Maintain proper documentation of loan agreements, mortgage documents, and financing contracts.
Required Skills & Qualifications
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Bachelor's or master's degree in accounting, Finance, Commerce, or a related field.
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Experience in end-to-end loan accounting and asset lending processes.
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Strong knowledge of loan amortization, interest accounting, mortgage accounting, and financing transactions.
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Understanding of financial reporting and accounting standards (IFRS, Ind AS, or US GAAP).
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Proficiency in QuickBooks.
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Excellent communication and strong analytical abilities.
Preferred Experience
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3–8 years of experience in asset lending, loan amortization, and asset mortgage.
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Experience working with banks, NBFCs, financial institutions.
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Exposure to mortgage financing, loan financing is highly desirable.
