Director - Financial Control (15-20 yrs)

2 months ago

Mumbai, India iimjobs Full time

Position - GM/Director - Finance Controller

Location - Mumbai - Kalaghoda

Working Days - Monday to Saturday (2nd and 4th and Sunday - Not working )

COMPANY HAS VEGETERIAN AND NON VEGETERIAN PLANTS

Travel - Company has 10 Plants across Pan India, you may have to Travel to Plants also.

Educational Requirements:

- Graduate - Commerce + Chartered Accountant

- Bachelor's degree in finance, Accounting, or related field. CA is Mandatory

Experience:

- 15 to 20 Years of Experience in the Finance and Accounts

- 15 to 20 years of progressive experience in finance and accounting roles

Competencies/Skills Required:

- Extensive experience in managing financial operations for organizations with financials > $500 million.

- In-depth knowledge of INDAS and IFRS.

- Proven experience in Balance Sheet closure, statutory audits, demerger, restructuring, banking, and leading business units.

- Strong leadership and communication skills.

- Ability to work in a dynamic, multinational environment.

- Strong analytical and problem-solving skills.

Job Purpose:
We are seeking an experienced and highly skilled financial professional to join our team as the General Manager / Director of Finance (Financial Controller). The ideal candidate will have a proven track record of managing financial operations, extensive experience in INDAS, IFRS, and a strong understanding of various financial aspects including Balance Sheet closure, statutory audits, business understanding, demerger, restructuring, and consolidation of group books. The candidate should have successfully managed financials of exceeding $500 million.

Key Responsibilities:

- Financial Reporting and Compliance:

- Oversee the implementation and adherence to INDAS and IFRS standards.

- Ensure accurate and timely preparation of financial statements in compliance with regulatory requirements.

- Collaborate with internal and external stakeholders to address any compliance-related issues.

Balance Sheet Closure:

- Lead the timely and accurate closure of monthly, quarterly, and annual financial statements.

- Coordinate with various departments to gather necessary financial data for reconciliation purposes.

Statutory Auditor Management:

- Manage relationships with external auditors and ensure a smooth and efficient audit process.

- Address audit findings and implement corrective actions as necessary.

Business Understanding:

- Develop a deep understanding of the company's operations, market dynamics, and industry trends.

- Provide financial insights and analysis to support strategic decision-making.

Demerger and Restructuring:

- Demonstrate a successful history of leading demerger and restructuring initiatives.

- Collaborate with cross-functional teams to execute demerger and restructuring plans.

Consolidation of Group Books:

- Lead the consolidation of group financials, ensuring accuracy and compliance with accounting standards.

- Implement best practices for financial consolidation processes.

Financial Management:

- Oversee budgeting, forecasting, and variance analysis.

- Implement cost control measures and identify opportunities for financial optimization.

Banking Experience:

- Manage relationships with banking partners and financial institutions.

- Oversee Accounts Payable , Accounts Receivable and Payments to vendor etc

Leading Business Unit:

- Provide financial leadership to a specific business unit within the organization.

- Collaborate with business leaders to drive financial performance and strategic objectives.

Team Leadership:

- Build and lead a high-performing finance team.

- Provide mentorship and guidance to team members.

- Manage and optimize financial resources to support strategic objectives.

- Implement financial controls and risk management practices.

Key Performance Indicators (KPIs)

- Financial Reporting and Compliance

- Balance Sheet Closure

- Statutory Auditor Management

- Demerger and Restructuring

- Consolidation of Group Books

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