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Head of Finance
2 months ago
We are looking for candidate to work as Head of Finance to be based at our Factory & Regd. Office at Columbia Machine Engineering (I) Pvt. Ltd., 333, GIDC Indl. Estate, Vadodara-390010. Ideal candidate should have strong knowledge of Accounting, Finance, Admn. and Legal Compliance. The person can be from any part of the India but preferably from Gujarat or its surrounding states like Madhya Pradesh, Rajasthan, Maharashtra, so he can be relocated to Vadodara for joining our company.
Essential Duties and Responsibilities:
Develops financial information to guide management decisions
Prepares and presents budget proposals and economic forecasts
Initiates the fiscal planning process by providing historical information, expenditure schedules, trends and variance analysis, initiates corrective actions
Tracks and manages organization’s cost accounting, general ledger, cash flow, and balance sheet
Safeguards company assets/Risk Management
Manages deposits, authorizes agreements, and negotiates credit terms with financial institutions
Participates in product safety team to limit risk and advises management team on actions to reduce product liability
Establishes internal auditing process, arranges for and participates in external audits, and enforces internal controls
Lawsuit Oversight and Case Management
Environmental Compliance
Workplace Safety Compliance
Employee Relations Compliance
Protects operations by keeping financial information confidential
Workers Compensation Issues
Insurance Program Oversight
Facilitates the collection of cash and payment of obligations
Oversees accounts receivable, and accounts payable systems
Establishes credit policies and develops credit procedures
Establishes and enforces payment authorization practices and procedures
Structured Trade Finance options to assist in potential export financing and/or payment options through Credit Insurance
Maintains organizational adherence to generally accepted accounting principles
Approves and files financial statements and reports, files tax returns, and ensures the appropriate taxes are paid
Studies existing and pending legislation and collects information to anticipate future legal requirements
Represents the organization by communicating and interacting with governmental agencies
Maintains a stable and reliable information technology system and services
Manages information technology staff to meet the businesses’ information technology needs
Daily Oversight of the following:
Accounting
Oversees Corporate Controller for Consolidated Group
Consolidated Audited Financial Statements
Dotted Line oversight to International Accounting/Finance organizations
IT
IT Operations
ERP
CRM
CAD
Cyber Security Issues
Human Resource and Safety function
Evaluates financial cost/benefit of employee relations, safety, performance management, training, succession planning, benefits, and other related decisions
Negotiates and builds relationships with brokers, insurance companies, and legal counsel
Plant Safety with Safety Director as Direct Report, and related Workers’ Compensation Claims cost and administration.
401(k) Plan Administrator
Manages staff respectfully
- Maintains open and honest communication with direct reports
- Periodically communicates clear expectations, monitors job results compared to expectations, documents constructive coaching throughout the year and during the annual review process
- Enforces policies and procedures to ensure organizational consistency
- Maintains professionalism and confidentiality in employee selection, performance management, and employee relations
Develops Human Resources
Trains and mentors employees to expand knowledge base and promote problem solving
Delegates effectively to develop and identify new leaders within the company
Supports internal and external customer service
Understands and documents internal and external customer needs and expectations
Develops resources and critical service metrics to ensure these needs are being met
Communicates to appropriate team(s) when an expectation will not be met
Knowledge, skills and/or abilities:
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, etc.), Accounting and MRP/ERP Software preferable Microsoft Navision or SAP.
- Excellent organizational, interpersonal communication, and problem-solving skills
- Ability to inspire and motivate staff
- Ability to provide a respectful work environment for others
Education and/or Experience:
- Professional degree (B.Com, M. Com with CA, ICMA and CS or Inter pass.
- Head or Finance/Finance Director Experience required
- 15 years of Experience in Accounts, Finance and Legal dept.. In Pvt. Ltd./Public Ltd. Companies with expertise in accounts finalization, income tax working, costing, administration and working.
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