TVS Digital | Finance Controller

2 days ago


Chennai, India TVS Digital Full time
About UsTVS Digital is a digital technology start-up focused on the Fintech & Automotive industry with platforms and services offerings in the Credit & Collection Services and Automotive & Retail domain. We provide IT Services to accelerate digital transformation by partnering with industry renowned platforms (Microsoft, Salesforce, Oracle, SAP) & help to develop centre of excellence for our customers. TVS Digital’s mission is to build & deliver high quality software solutions & services to help address real life business challenges of global companies in these domains by harnessing the power of Analytics, Artificial Intelligence (AI), Machine Learning (ML). Our strategy is to leverage inorganic and organic means for the initial build out and subsequent expansion and growth. TVS Digital is a part of TVS Holdings and has also currently invested in several early-stage high tech start-ups globally in areas of connected manufacturing, fleet management and credit services.

Job DescriptionThe Scope of this role includes to ensureTimely and accurate closure of books of account and statutory auditCompliance with laws & regulationsEstablishment of a robust financial control systemProper business planning and tracking of actuals vs budgetsHelp business achieve the plans by optimising cost of billable resources and keeping the bench cost minimalTreasury operations to optimise return on surplus funds and working capital management Head, Services Head, Finance, Customers & Partners to achieve the objectives

Roles & ResponsibilitiesEnsure timely & accurate recording of transactions including implementation of automation projects. Perform review to ensure accuracy of reporting. Drive digital adoption.Interact with auditors and complete Quarterly and annual accounts. Preparation of reports for board reporting.Ensure statutory compliances – under fiscal statutes (Direct/Indirect taxation, RBI regulations etc.)Effective tax planning & managementManagement of funds to improve the returns and working capital managementTrack & monitor budget vs actual and report variances and enforce corrective actions. Publishing MIS in a timebound manner.Implement systems for account level P&L measurement for large clientsSupport business in pricing decisions and contract negotiationsAnalyse and benchmark financial metrics Vs competitionPerformance of projectwise/company level FTE analysis for optimisation of billable resource rate and reduction in bench costOptimize and ensure adequate Insurance coverAssess M&A opportunities, participate in due deligence and assist in negotiationAnalyse and benchmark financial metrics Vs competitionCost reduction and profit improvement initiativesPeople developmentSupporting M&A / investment related activitiesSupport MBR and board material/management reports & transfer pricing as may be required between multiple entities

Qualifications, Skills & ExperienceCA/MBA in Finance/ Degree - Finance with 15 years experience in mid size IT companies having worked as a finance head with sound commercial knowledge, knowledge of accounting standards and fiscal laws.Experience in SAP. Exposure to various accounting functionsThe individual should possess at least 3 years of tech/services startups experience (Products & Services) growing at ~2-3x Y/YWilling to travel



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