Head of Finance

Company Overview

Credit Wise Capital (CWC), founded in 2019 and headquartered in Mumbai, is an RBI-registered Non-Banking Financial Company (NBFC) focused on technology-enabled consumer lending. The company has a strong presence in two-wheeler and electric vehicle (EV) financing, serving customers across more than 10 states through a technology-led dealer network of over 430 dealers. CWC has built a customer base of more than 200,000 borrowers and is dedicated to expanding access to credit across Tier-2 and Tier-3 markets, particularly focusing on new-to-credit customers. The company's assets under management (AUM) have scaled from approximately ₹489 Cr in FY24 to ₹628 Cr in FY25 and projected to reach ₹722 Cr in FY26. CWC is backed by institutional investors and has access to various sources of debt capital, including bank borrowings, Non-Convertible Debentures (NCDs), and Commercial Paper.

Job Summary

The Head of Finance will be a vital member of the leadership team and play a crucial role in steering CWC's growth trajectory. This hands-on leadership role encompasses finance, treasury, capital raising, asset-liability management (ALM), taxation, regulatory governance, investor management, and financial strategy. The individual will be responsible for building the finance function for a rapidly scaling NBFC while ensuring robust financial controls, governance, and capital efficiency.

Responsibilities

• Treasury, Fundraising & Asset-Liability Management:

  • Own the company's treasury strategy and manage liquidity effectively.
  • Lead relationships with banks, financial institutions, debt investors, and funding partners.
  • Drive debt fundraising initiatives, including bank borrowings, NCDs, Commercial Paper, and other structured funding sources.
  • Develop and optimize the company’s liability profile and cost of funds.
  • Oversee ALM, liquidity planning, and capital allocation.
  • Explore and establish opportunities in securitization, co-lending, and structured finance transactions.

• Finance & Controllership:

  • Direct financial reporting, accounting, management information systems (MIS), budgeting, and forecasting efforts.
  • Ensure stringent financial controls, governance, and audit processes.
  • Enhance finance processes and systems as the organization expands.
  • Conduct profitability analysis, cost optimization, and business performance reviews.
  • Implement appropriate application of Indian Accounting Standards (Ind AS), including Ind AS 109 and expected credit loss (ECL) requirements.

• Taxation:

  • Oversee compliance with direct and indirect tax obligations and ensure timely filing of returns.
  • Lead tax planning efforts and ensure tax-efficient structuring of business and funding transactions.
  • Manage interactions with tax authorities and external advisors during audits and assessments.
  • Work to identify and mitigate tax risks throughout the organization.

• Regulatory & Risk Governance:

  • Ensure timely and accurate reporting to the Reserve Bank of India (RBI) and other regulatory bodies.
  • Strengthen internal governance and compliance frameworks, financial oversight, and risk management.
  • Collaborate with Credit, Risk, Operations, and Business teams on financial matters.

• Investor & Board Management:

  • Handle financial communication and reporting with investors and lenders.
  • Prepare and present financial performance updates to the Board and senior leadership.
  • Support fundraising discussions, conduct due diligence, and enhance investor relations.
  • Collaborate closely with the Founder and CEO on strategic financial decisions.

• Leadership:

  • Build and lead a robust finance organization covering controllership, financial planning & analysis (FP&A), treasury, taxation, and regulatory finance.
  • Develop a scalable finance operating model appropriate for a rapidly expanding NBFC.
  • Act as a strategic finance partner to the Founder and CEO.
  • Foster a culture of ownership, transparency, discipline, and data-driven decision-making.

Qualifications

• Chartered Accountant with 9-15 years of relevant experience.
• Strong background in an NBFC, consumer finance, vehicle finance, fintech lending, or related financial services.
• Extensive exposure to treasury management, ALM, debt fundraising, and management of lender relationships.
• Familiarity with bank borrowing, NCDs, Commercial Paper, securitization, and co-lending will be highly valued.
• In-depth understanding of Ind AS 109 and ECL relevant for NBFC financial reporting.
• Experience working with rating agencies, lenders, investors, and auditors.
• Strong knowledge of RBI regulatory requirements and financial governance standards.
• Proven track record in building or scaling finance teams and operational processes.
• Excellent stakeholder management and communication skills, with a strong commercial acumen linking finance to business growth and profitability.

Preferred Skills

• Additional qualifications in finance-related fields are a plus.
• Prior exposure to fintech innovations in consumer lending could be beneficial.

Experience

• A minimum of 9 to 15 years of experience in finance roles within relevant industries.

Environment

• Primary work location is Mumbai; potential for a hybrid work model may be considered.

Salary

• Estimated salary range: Not specified.

Growth Opportunities

• Opportunities for career advancement as the organization grows, potentially further leadership roles within the finance function.

Benefits

• Comprehensive benefits package including health insurance, paid leave, and other company policies as relevant.