Head of Finance

2 weeks ago

Udaipur, Rajasthan, India Basil Full time

Job Title: Head of Finance

Location: Okhla, New Delhi

Department: Finance & Accounts

Experience: 5-7 years 

Reports To: CEO & Managing Director

About the Role

As the Head of Finance at Basil, you will be responsible for leading the financial strategy, operations, and compliance of the company. This role requires a strong background in financial planning, cost control, taxation, and cash flow management to ensure sustainable business growth. You will work closely with senior leadership to align financial decisions with the company's overall vision and strategy.

Overview

You will be responsible for overseeing the company's complete financial operations. This includes managing MIS reporting, cost control, GST filings, e-invoices, budget allocation, and payables/receivables. The role demands strong financial planning, compliance, and analytical skills to ensure healthy cash flow and profitability. You will also lead the finance team to optimize processes and maintain strong relationships with vendors, clients, and regulatory authorities.

Responsibilities

Financial Planning & Budgeting

  • Develop and oversee the company's annual budgets and forecasts.
  • Allocate budgets across departments and monitor adherence to financial plans.
  • Conduct variance analysis and provide recommendations for corrective actions.

Management Information System (MIS)

  • Prepare and present timely and accurate MIS reports for management review.
  • Monitor financial KPIs and provide insights to support business decisions.

Cost Control & Optimization

  • Implement cost control measures to improve profitability.
  • Evaluate expenses, identify inefficiencies, and suggest areas for savings.

Taxation & Compliance

  • Manage GST filings, e-invoices, TDS, and other statutory compliance.
  • Liaise with auditors, consultants, and regulatory authorities.
  • Ensure all financial practices are in line with legal and statutory requirements.

Payables & Receivables Management

  • Oversee accounts payable and receivable functions.
  • Optimize credit control and collection processes.
  • Maintain strong vendor and client financial relationships.

Cash Flow & Treasury Management

  • Ensure smooth cash flow management for day-to-day operations.
  • Monitor working capital and fund requirements.

Team Leadership

  • Lead, mentor, and manage the finance team.
  • Drive automation, accuracy, and efficiency in finance processes.

Key Requirements

  • Chartered Accountant (CA), CPA, MBA (Finance), or equivalent qualification.
  • 5-7 years of progressive experience in finance, with at least 3-4 years in a leadership role.
  • Strong knowledge of MIS reporting, cost control, GST, and compliance.
  • Proven expertise in budget allocation, accounts payable/receivable, and cash flow management.
  • Excellent leadership, analytical, and communication skills.
  • Ability to work in a fast-paced, growing organization.

What We Offer?

  • Competitive salary and performance-based incentives.
  • Opportunity for professional growth within a rapidly expanding company.
  • Collaborative work environment and support for personal development.

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