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Head - Accounts & Finance
4 weeks ago
Designation: Head - Accounts & Finance
Level: Management
Process (Department): Finance and Accounts
Reporting To: COO
Location: Sakinaka, Mumbai
Summary of the position:
The Head - Accounts & Finance will be a key member of the executive leadership team and will lead the company's financial strategy, planning, and operations. The role will involve oversight of banking operations including imports and exports, regulatory compliance and reporting, and finalization of financial statements in alignment with international and domestic standards.
Position Responsibilities:
1. Banking - Imports & Exports:
- Oversee international and domestic banking operations.
- Manage foreign exchange risk and currency hedging strategies.
- Liaise with banks and financial institutions for trade finance, export credit, and working capital.
- Monitor LC (Letter of Credit) management, export documentation, and import compliance.
- Ensure timely and compliant handling of all banking transactions related to international trade.
2. Compliance & Reporting:
- Ensure adherence to all statutory requirements including GST, Customs, RBI regulations, and other international financial compliances.
- Oversee accurate and timely submission of financial statements, tax filings, and regulatory reports.
- Stay updated with evolving compliance regulations and standards both in India and international jurisdictions where the company operates.
- Collaborate with internal and external auditors to ensure clean audit outcomes.
- Preparing dashboards and reports for management reviews.
3. Financial Reporting & Balance Sheet Finalization:
- Lead the preparation and finalization of quarterly and annual financial statements in accordance with Indian Accounting Standards (Ind AS) and/or IFRS.
- Supervise consolidation of accounts across domestic and international subsidiaries or business units.
- Provide strategic insights based on financial reports to support business decisions.
- Monitor financial performance, analyze variances, and recommend corrective actions.
4. Audit (Internal & Statutory):
- Lead coordination with statutory, internal, and tax auditors.
- Ensure timely and successful completion of audits with clean audit reports.
- Proactively identify, mitigate, and monitor financial and operational risks through internal audit mechanisms.
- Implement recommendations from audit findings and strengthen internal controls.
5. Team Management:
- Manage and mentor a high-performing finance team.
- Set clear goals, provide guidance, and encourage skill development.
- Foster a culture of ownership, accountability, and continuous MBA Finance
- Minimum 7 to 10 years of progressive experience in finance, with at least 3 years in a senior leadership role.
- Experience in a manufacturing environment, preferably jewellery or luxury goods.
- Strong knowledge of international trade finance, tax laws, and financial regulations.
Key Skills:
- Strategic Financial Planning
- Trade Finance & Banking
- Regulatory Compliance (GST, FEMA, RBI, etc.)
- Final Accounts & Audit
- Leadership & Team Management
- Excellent Communication & Stakeholder Management
- ERP systems (SAP/Oracle/MS Dynamics preferred)
Leadership & Strategic Role:
- Contribute to strategic planning and business development from a financial perspective.
- Lead the finance team and build capacity in line with the company's growth plans.
- Develop and implement financial policies, systems, and controls.
- Serve as a key advisor to the CEO/COO on financial matters, risk management, and investments.
We are an equal opportunity employer. We do not discriminate based on race, religion, gender, age, nationality, disability, or any other status protected by law. All qualified candidates are encouraged to apply.
