Associate Manager - Finance Controllership

About the Team

The Finance Controllership team at Navi is responsible for overseeing and managing the company's financial activities, ensuring the accuracy of financial reporting and compliance with regulatory standards. The team manages day-to-day accounting operations, monitors financial health, and drives initiatives to enhance financial performance and transparency.

About the Role

As an Associate Manager in the Finance Controllership (AMC) team, you will play a key role in managing the end-to-end financial reporting and compliance processes for Navi Mutual Fund. From leading statutory audits and ensuring timely reconciliations to monitoring daily NAV, TER, and regulatory requirements, you'll be responsible for driving accuracy, transparency, and compliance in financial operations. This role demands strong technical knowledge, a sharp eye for detail, and the ability to collaborate across internal and external stakeholders, including auditors, fund accountants, and RTAs.

What We Expect From You

• Ensure closure of unaudited Mutual Fund scheme financials on a half-yearly basis.
• Lead statutory audit closure and preparation of final scheme financials for Navi Mutual Fund.
• Monitor and ensure timely closure of the following reconciliations :
• Holding reconciliation – Daily
• Redemption liability reconciliation – Daily
• Switch liability reconciliation – Daily
• Subscription reconciliation – Monthly
• Oversee daily NAV publication and overseas investment monitoring / reporting .
• Manage day-to-day accounting and TER monitoring .
• Conduct monthly trial balance scrutiny for Mutual Fund schemes.
• Regularly monitor buffer / spillover to prevent breaches from declared TER .
• Track Net Worth and liquid deployment to ensure compliance with regulatory limits .
• Ensure ongoing compliance with SEBI seed capital requirements .
• Provide data for Quarterly and Half-Yearly Trustee Reports filed with SEBI.
• Act as liaison between RTA and Fund Accountant for accounting / reconciliation issues.
• Drive process improvements and ensure quality inputs from internal stakeholders and RTA .
• Handle ad-hoc SEBI / AMFI requirements as they arise.

Must Haves

About Navi

We are on a mission to make finance simple, accessible and affordable for a billion Indians. Guided by a strong customer-first approach, we are building tech-first solutions that work at scale. Our offerings include a range of financial products and services across Loans, Insurance, Mutual Funds, Digital Gold and UPI.

Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India's fastest-growing financial services organisations. But we're just getting started!

Our Culture

At Navi, we're a place where ambition meets opportunity and ideas turn into impact quickly. We empower people with high ownership from the start, encouraging them to solve meaningful problems and build with excellence. Teams here work in an environment that values speed, collaboration and craftsmanship, while celebrating learning, growth and shared wins along the way. Whether you're shaping the future of fintech products or driving innovation behind the scenes, life at Navi means being part of a high-energy, talent-driven workplace where your contributions truly make a difference.

We're guided by our own operating system - The Navi OS - a set of principles that shape how we work and win together. You can explore them at navi.com / our-values to see what drives us every day.

If this feels like you, Navi is the place to grow, thrive and make a real impact.

Skills Required

Reconciliation, Statutory Audit, Accounting, Financial Reporting, Process Improvements