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Financial Control -Manager

Financial Control -Manager

Roc360Chennai, Tamil Nadu, India
9 days ago
Job description

Who We Are

Roc 360 is a Data Science driven Prop-Tech lender. We are an industry leading, vertically integrated digital financial services platform and lender, facilitating a broad range of residential real estate loans for professional investors in the US. We are a leading originator of investor loans nationwide.

Founded in 2014, Roc360 employs over 300 people and has funded more than $10 billion in loans as of 2024. The company is headquarters in New York City, with offices on four continents.

The founders have extensive industry experience and come with a quant heritage and believe in a data driven approach for business growth. Our global team of professionals come with varied academic and professional backgrounds but have one thing in common -they all are motivated and self-driven and believe in Roc’s business and growth story. Together we are all committed to improving the US residential real estate ecosystem.

What We Do

Roc enables investors, brokers and lenders to scale their businesses through innovative products in the real estate space. We want to make it easy for everyone to renovate, own, or invest in homes. Our various business units along with the real estate value chain are geared towards fulfilling this objective.

  • Our core business unit Roc Capital is focused on capital lending for real estate investment
  • Finance of America Commercial is our direct to borrower sales channel
  • Tamarisk is our in-house AMC providing property appraisal services
  • Elmsure provides Insurance solutions for real estate investors

We have grown significantly since inception, and we have managed to do this with a commitment to superior underwriting and risk management practices. Our India office is a captive offshore unit based in Chennai and provides analytical and operational support to all our business units globally.

What We Offer

We offer a dynamic and global workspace with ample opportunities to excel and grow in a variety of financial risk and analytical roles. You will be interacting extensively with senior management in India and across the globe.

As a young and fast-growing organization, your career growth will be influenced solely by your

performance and self-drive. We invest significantly in training people at all levels and actively work with them to plan their career growth.

We are looking for young energetic professionals with excellent aptitude and attitude, and very good verbal and written communications skills.

Role - Financial control

Designation - Manager

Location - Chennai

Timing : US Shift- 6.30 pm to 3.30 am IST, 9 am – 6pm EST

Key Responsibilities :

This Finance Manager role is expected to lead the book closure, collaborate with multiple stakeholders and has a focus on automation. The role involves managing entity financials including monthly close processes, account reconciliation, Intercompany Eliminations and substantiation. The role demands a strong review and control background with ability to manage Accounting and Controls and work with the Auditors. The ability to understand the system architecture and manage projects will be useful.

Other skills may include the following not necessarily limited to :

  • Strong financial background including exposure to US GAAP or IFRS.
  • Post graduate degree in finance, Accounting, or a related field.
  • Excellent communication with ability to articulate and present clearly.
  • People leadership and other soft skills.
  • Prepare and present accurate and timely financial statements on a periodic basis (monthly / quarterly / annual) :

  • This includes balance sheets, income statements, cash flow statements, and other required reports, ensuring compliance with relevant accounting standards.
  • Manage accounting records :

  • This involves maintaining accurate and organized accounting records for all transactions, ensuring proper documentation and segregation of duties.
  • Perform periodic / monthly intercompany / bank statement / balance sheet and GL reconciliations and analysis.
  • Resolve discrepancies and respond to team / management requests.
  • Cater to ad hoc accounting / financial reporting requests from clients & management.
  • Collaborate with the reporting team to align the financial statements number.
  • Ensure compliance with accounting standards and regulations :

  • This includes understanding and applying accounting standards like IFRS (International Financial Reporting Standards) or GAAP (Generally Accepted Accounting Principles), as well as relevant local regulations.
  • Risk Management :

  • Identify, assess, and mitigate financial risks.
  • This involves identifying potential risks to the company's financial stability, evaluating their likelihood and impact, and implementing strategies to mitigate them.
  • Report on financial risks for senior colleagues.
  • This ensures that senior management is aware of potential risks and can make informed decisions.
  • Audit, Controls and Policies :

  • Support VP in the development and maintenance of a robust system of internal controls.
  • This includes establishing policies and procedures to safeguard assets, prevent fraud, and ensure the accuracy of financial data.
  • Regularly assess the effectiveness of internal controls.
  • This involves taking ownership to manage risk and strengthening controls in relation to the work done.
  • Implement up-to-date financial policies and procedures :

  • Coordination with external auditors in support of audits and examinations.
  • Background / Experience :

    Manager’s Requirements

  • 7-12 years of accounting and financial reporting experience.
  • Qualified CA and / or CFA (US).
  • High proficiency in MS Excel.
  • Experience working with accounting software is a must.
  • Experience with Microsoft Dynamics (Business Central) ERP a plus.
  • Very strong English skills, both written and verbal.
  • Must have applicable accounting and financial reporting skills.
  • Thorough understanding of General Ledger, Consolidations and financial statements : Balance Sheet, Income Statement, Cash Flow Statement and Partners Capital.
  • Key requirements and expectations

  • To be able to support strategic requirements of the organization and be able to execute. Work with the VP to on resource planning, process review and management & deliver improvements.
  • To be able to define jobs and responsibilities for the team and review performance goals.
  • To demonstrate managerial responsibilities and behaviors that create an environment for junior colleagues to deliver strong outcomes.
  • To consult on complex issues and be able to support VP on the resolution of escalated issues
  • To manage and mitigate / remediate risks through assessment.
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    Manager Financial • Chennai, Tamil Nadu, India

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