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Head of Finance

2 months ago

Mangalore, India Columbia Machine India Full time

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

  1. Maintains open and honest communication with direct reports
  2. Periodically communicates clear expectations, monitors job results compared to expectations, documents constructive coaching throughout the year and during the annual review process
  3. Enforces policies and procedures to ensure organizational consistency
  4. 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:

  1. Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, etc.), Accounting and MRP/ERP Software preferable Microsoft Navision or SAP.
  2. Excellent organizational, interpersonal communication, and problem-solving skills
  3. Ability to inspire and motivate staff
  4. Ability to provide a respectful work environment for others

Education and/or Experience:

  1. Professional degree (B.Com, M. Com with CA, ICMA and CS or Inter pass.
  2. Head or Finance/Finance Director Experience required
  3. 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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