Interim Senior Vice President Entity Financial Control — NBFC Separation

The mandate

An NBFC separation has created a new entity reporting perimeter that is not yet fully tested and needs an executive financial-control owner. Finance staff are maintaining processing, but shared balances and policy decisions still require an authorised executive owner. The interim senior vice president entity financial control will hold that responsibility for the separating entities, ensuring their books and reporting can operate independently without treating informal support from the former group as a permanent control.

The appointment starts on 26 October 2026 and runs nine months with no extension. A permanent SVP financial-control search proceeds in parallel. Handover requires supported entity balance sheets, agreed finance-policy treatment and three consecutive reporting cycles completed by the internal team under the new controls. Residual separation questions must be assigned to named decision owners rather than hidden in an unresolved suspense account or an optimistic final status statement.

Delegation includes assigning close owners, approving supported journals and determining routine treatments within the CFO's approved policy. Material policy changes, disputed transaction consideration and changes to regulated entity capital remain with authorised governance bodies. The SVP does not sanction loans, interpret regulation independently or negotiate legal claims. The role may withhold finance endorsement where evidence is inadequate, but must offer an explicit escalation route and describe the financial consequence of delay.

Twenty-four staff cover accounting, policy and reporting, supported by legal, tax and risk specialists for their own conclusions. The perimeter excludes redesigning credit strategy, replacing the core lending platform and undertaking permanent workforce restructuring. The SVP will understand those dependencies while preserving a bounded executive exit. Success means the permanent appointee can reproduce reporting and explain unresolved exposure from the control book, not rely on the interim to continue answering undocumented historical questions.

What you will own

• Establish the separated entity accounting perimeter by reconciling legal structure, opening balances and continuing service dependencies, documenting every input still supplied by the former group and its planned replacement owner.
• Decide routine finance treatments within approved policy, preserving source evidence and qualified specialist conclusions while escalating material interpretations that exceed the SVP's delegated technical or financial authority.
• Lead close and balance-sheet review routines that distinguish factual reconciliation differences from unresolved separation questions, preventing suspense clearing or unsupported adjustments from becoming a substitute for a properly owned decision.
• Test independent reporting cycles with the internal team, deliberately removing informal former-group assistance and checking whether accounts, supporting evidence and executive explanations remain reproducible under ordinary staffing.
• Present financial-control readiness to the separation steering committee with clear conditions and residual exposure, avoiding a premature declaration of completion based solely on meeting a scheduled transaction milestone.
• Transfer the financial-control seat through a full reporting cycle with the permanent appointee, providing policy records, reconciliations and unresolved issue routes that can be operated without continuing reliance on the interim.

Candidate qualifications

• Demonstrate 18–22 years in finance and accounts, with VP-level, controller or equivalent responsibility in an NBFC or related financial-services operation. Evidence may come from an accounting-perimeter change, material finance-control ownership transition, standalone reporting challenge or comparable multi-entity responsibility. Explain the treatment you personally authorised or defended, how you preserved decision ownership and what proved that the resulting financial controls operated independently.
• Have technically reliable accounting, reporting and policy-formulation competence, supported by rigorous finance education or a recognised professional qualification. Explain how you handled an opening balance or shared obligation whose treatment was initially uncertain. Show the legal, tax or risk conclusions you obtained from qualified owners and how those inputs supported finance's own treatment, including a condition that remained unresolved until the necessary professional evidence was available.
• Show leadership of accounting managers through repeated close cycles under changing boundaries. Evidence should include root-cause resolution, review records and a control test that remained effective after urgent clean-up. You must be able to resist unsupported suspense clearing or convenient adjustments, while maintaining a practical escalation route that helps executives understand the consequences of missing information.
• Be able to start onsite on the specified date and provide five-day weekly financial-control leadership for the fixed nine-month term. Demonstrate a handover that made a successor genuinely independent, including residual matters you did not claim to resolve. The assignment requires calm authority and explicit delegation, with the ability to preserve specialised regulated-business responsibilities outside the interim SVP's seat.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference CVU-INT-2026-IND-124.