Vice President Finance
4 weeks ago
Job Title: Vice President of Finance
Company: Miles Education
Location: Bangalore, India
About Miles Education: Miles Education, the Flag-bearer of Accountants, is committed to empowering accountants globally, bridging the gap in skilled professionals worldwide. With unwavering dedication and a diverse team of over 500+ professionals spanning India and the USA, we are at the forefront of shaping the future of the profession.
We are growing by diversifying our portfolio, Miles has other business verticals Futurense (Tech JV), MedSkills (Healthcare JV,) Mojo Campus (Student Housing JV). We’re also working on an ambitious new initiative (moon-shot) to disrupt higher education - Miles Campus.
Our target revenues for upcoming fiscal year is INR 500 crores+ and we will continue to be profitable. We are bootstrapped but we’re expecting fund raising and are a soon-to-be-unicorn (“soonicorn”)
Position Overview: Miles Education is seeking a dynamic and experienced Vice President of Finance to join our team in Bangalore. The Vice President of Finance will play a pivotal role in leading the finance function of the organization, driving financial strategy, and ensuring the financial health and sustainability of the company. This position offers a unique opportunity for a strategic thinker with strong leadership skills to make a significant impact in a fast-growing and dynamic environment.
Key Responsibilities:
- Financial Strategy and Planning:
- Develop and implement financial strategies aligned with the company's overall objectives and growth plans.
- Lead the annual budgeting and forecasting processes, ensuring accuracy, transparency, and alignment with organizational goals.
- Conduct financial analysis, scenario modelling, and risk assessment to support strategic decision-making.
- Financial Reporting and Analysis:
- Oversee the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
- Analyse financial performance, identify key trends, and provide insights to senior management and stakeholders.
- Ensure compliance with accounting standards, regulatory requirements, and internal policies.
- Financial Operations Management:
- Manage day-to-day financial operations, including accounts payable, accounts receivable, payroll, and treasury functions.
- Optimize processes and systems to enhance efficiency, accuracy, and controls within the finance department.
- Implement best practices for financial management, internal controls, and risk mitigation.
- Strategic Financial Initiatives:
- Lead strategic initiatives such as mergers and acquisitions, fundraising activities, and capital investments.
- Evaluate investment opportunities, conduct due diligence, and assess financial feasibility and ROI.
- Collaborate with cross-functional teams to drive strategic projects and initiatives.
- Team Leadership and Development:
- Build and lead a high-performing finance team, providing mentorship, guidance, and professional development opportunities.
- Foster a culture of collaboration, accountability, and continuous improvement within the finance department.
- Promote knowledge sharing, skills development, and succession planning to support organizational growth.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or related field; CA or advanced degree preferred.
- Proven track record of at least 10 years of progressive experience in finance, with a minimum of 5 years in a senior leadership role.
- Strong financial acumen, analytical skills, and strategic thinking ability.
- In-depth knowledge of financial principles, practices, and regulations.
- Experience in financial planning, budgeting, and forecasting.
- Demonstrated expertise in financial analysis, modelling, and reporting.
- Experience in managing financial operations and implementing process improvements.
- Excellent leadership, communication, and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic environment and drive results under pressure.
- Experience in the education or professional training industry is a plus.
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