Head - Finance & Accounts

3 weeks ago

New Delhi, India Corenza Full time

Key Responsibilities :-• Head the entire finance, accounts and taxation functions including financial reporting, taxations (Direct and Indirect), Accounts Payable, Accounts Receivable, Audit, MIS, Budgeting etc.• Lead the establishment of robust financial accounting and cost accounting systems so as to provide timely, accurate and consistent inputs for management reporting and allowing detailed analysis of performance in financial terms• Ensure timely closure of accounts (preparation of books of accounts) and ensure accounting reconciliation are carried out as per applicable accounting standards;• Ensure preparation of all financial reports (income statements, balance sheets, reports to shareholders, tax returns, and reports for government regulatory agencies); Review, consolidate and approve final accounts & critical financial reports after scrutiny and submit to the CFO for approval• Coordinate all auditing activities including statutory audits (including tax audits), internal audits, and special audits at the organization and its associated companies; Review/Respond to statutory and internal audit findings and ensure related closures / escalations• Lead the development of the annual budget in collaboration with other vertical heads/department heads. Constantly track and monitor its progress and highlight deviations from the approved budget• Closely analyze and monitor cash flow, fund flow and finance income/cost to ensure balancing of cash flows for the Organization; Manage escalations relating to cash flow issues and facilitate disbursements decision making & prioritization• Drive the planning and implementation of systems and process for the Accounts Payables and Receivables functions; Contribute towards development of credit policies balancing both company and stakeholder interests• Drive the timely payments to vendors and collections from the customers;• Drive the Direct and Indirect tax planning and execution process and also guide and monitor in tax planning of direct and indirect taxation in commercial decisions;• Liaise with legal and secretarial for execution of corporate governance and proper accounting norms with regard to financial and other matters• Develop/Evolve MIS reporting across units/sites/entities to ensure standardized reporting mechanism• Support CFO in identifying areas of revenue leakages and spend overruns based on MIS analysis;• Achieve reduction in cost overheads through opportunity identification & analysis of the financial performanceKey Requirement:• Had led and headed the entire end to end Finance, Accounts and taxation related functions of a Company having turnover of not less than 500 crs.• Have led team of 20+ members• Have rich experience and exposure in all areas including Financial Reporting (IND AS), Corporate Finance, direct tax, GST, Accounts receivable management, Accounts payable management, , treasury functions including fund management, budgeting, MIS preparation, data analysis and other day to day finance/accounting functions.• Good in excel and power point presentation

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