Sun Mobility

6 hours ago

Bengaluru, India Sun Mobility Full time

About the Role:

We are seeking an experienced and highly motivated Assistant Vice President (AVP) of Finance to lead the finance function and support strategic financial decision-making for the organization.

The AVP of Finance will work closely with senior management and cross-functional teams to oversee financial planning, budgeting, forecasting, analysis, reporting, and compliance.

This role demands strong leadership, financial acumen, and the ability to drive financial performance and growth.

Key Responsibilities:

- Financial Leadership: Lead the finance team in all aspects of financial management, including planning, budgeting, forecasting, financial reporting, and analysis to ensure the organization's financial health and sustainability.

- Strategic Planning: Partner with senior leadership to develop and execute long-term financial strategies and business plans that align with the organization's goals and objectives.

- Financial Reporting & Analysis: Oversee the preparation and presentation of accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements.

- Provide in-depth financial analysis to identify trends, opportunities, and risks.

- Budgeting & Forecasting: Direct the annual budgeting process and develop regular financial forecasts, working closely with department heads to ensure alignment with organizational objectives and performance goals.

- Cash Flow Management: Monitor and manage the organization's cash flow, ensuring liquidity and optimal financial resource allocation to support operational needs and strategic initiatives.

- Risk Management & Compliance: Ensure compliance with all relevant financial regulations, standards, and tax requirements.

- Identify financial risks and implement mitigation strategies.

- Team Leadership: Lead, mentor, and develop the finance team.

- Provide training, support, and guidance to ensure a high level of performance, accountability, and professional growth.

- Stakeholder Communication: Act as a key liaison between finance and other departments, ensuring clear communication and collaboration to support business goals.

- Prepare and present financial information to internal stakeholders and the board of directors.

- Process Improvement: Continuously assess and improve financial processes, reporting systems, and internal controls to enhance efficiency, accuracy, and effectiveness across the finance function.

- Mergers & Acquisitions: Support the finance team in evaluating, executing, and integrating mergers, acquisitions, or joint ventures, as required.

- Strategic Financial Projects: Lead or support key finance projects, such as system upgrades, cost management initiatives, financial modeling, and data-driven decision-making efforts.

Required Skills and Qualifications:

- Experience: At least 8-9 years of experience in finance, with a minimum of 3-5 years in a leadership or management role, preferably within a corporate finance, investment banking, or financial services environment.

- Education: A Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree in Business Administration (MBA) or a professional certification (e., CFA, CPA) is highly preferred.

- Financial Expertise: Strong knowledge of financial management, financial statements, reporting, budgeting, forecasting, and cash flow management.

- Strategic Thinking: Ability to align financial strategies with the organization's long-term goals and objectives. Experience in long-term business planning and capital management.

- Analytical Skills: Excellent analytical skills with a proven track record of using data to drive decision-making and improve business outcomes.

- Leadership: Strong leadership and team management skills, with experience in building and leading high-performing finance teams. Systems Knowledge: Proficient in financial software systems, ERP platforms (e., SAP, Oracle), and advanced Excel skills. Experience with financial modeling and business intelligence tools is a plus.

- Communication: Strong verbal and written communication skills, with the ability to present complex financial information to non-financial stakeholders and senior leadership.

- Regulatory Knowledge: Familiarity with financial regulations, tax laws, and compliance requirements.

- Problem-Solving: Strong critical thinking and problem-solving abilities to tackle complex financial challenges

(ref:iimjobs.com)

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