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Account Head

2 months ago

India AVF World Full time

Job Title: Accounts Head

Location: AVF World, Pune

Department: Finance and Accounts

Reports to: Chief Financial Officer (CFO) / Managing Director

Openings: 5

Job Summary:

The Accounts Head will lead the finance and accounts department at AVF Creative Brand Consultancy Pvt Ltd , overseeing all aspects of financial management, including corporate accounting, regulatory compliance, financial reporting, budgeting, and cash flow management. The role is critical in ensuring the financial health of the company and providing financial insights to support strategic decision-making.

Key Responsibilities:

  1. Financial Management :
  • Oversee the day-to-day financial operations of the company, ensuring accuracy in financial reporting.
  • Manage financial transactions, including accounts payable, receivable, payroll, and banking.
  • Ensure compliance with financial regulations and standards, including tax laws and statutory filings.
  1. Financial Reporting & Analysis :
  • Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports.
  • Conduct financial analysis and provide insights to the management team, highlighting areas of strength and identifying financial risks or opportunities.
  • Present financial reports to senior management, board members, and stakeholders.
  1. Budgeting & Forecasting :
  • Lead the budgeting process, working with department heads to create accurate and realistic financial forecasts.
  • Monitor and track budget performance throughout the year, identifying variances and recommending corrective actions.
  • Ensure that financial resources are allocated effectively across departments to support business objectives.
  1. Taxation & Compliance :
  • Oversee tax planning and filing activities to ensure compliance with local, state, and federal tax laws.
  • Work with external auditors, tax advisors, and regulatory bodies to manage audits and ensure compliance.
  • Maintain accurate records for audits, including detailed accounts of transactions and supporting documentation.
  1. Cash Flow & Treasury Management :
  • Monitor cash flow to ensure the company has adequate liquidity to meet its obligations.
  • Optimize the use of company funds by managing investments, loans, and credit facilities.
  • Establish and maintain relationships with banks, financial institutions, and other stakeholders to secure favorable financing and banking arrangements.
  1. Internal Controls & Risk Management :
  • Develop and implement strong internal control procedures to safeguard company assets and ensure the accuracy of financial data.
  • Identify potential financial risks and implement measures to mitigate them.
  • Review and update financial policies, processes, and procedures to enhance efficiency and reduce risks.
  1. Team Leadership & Development :
  • Lead, manage, and mentor the finance and accounts team, fostering a culture of continuous improvement and collaboration.
  • Conduct performance reviews and provide training and development opportunities to improve team members' skills.
  • Delegate responsibilities effectively, ensuring that the team meets deadlines and achieves departmental goals.
  1. Cost Control & Profitability :
  • Identify opportunities for cost savings and implement strategies to improve profitability.
  • Work closely with other departments to review and optimize operational expenses.
  • Conduct pricing reviews and financial assessments for projects, contracts, and proposals.
  1. ERP & Financial Systems Management :
  • Oversee the implementation and maintenance of financial systems and ERP software.
  • Ensure accurate financial data entry and reporting through proper system integration and usage.
  • Drive process automation to improve efficiency in financial operations.

Qualifications:

  • Education : Bachelor’s degree in Accounting, Finance, or a related field. Professional certifications such as CA (Chartered Accountant), CPA, or CMA are preferred.
  • Experience : Minimum of 8-10 years of experience in accounting or financial management, with at least 5 years in a leadership role.
  • Skills :
  • Strong knowledge of accounting principles, financial regulations, and tax laws.
  • Proficient in financial reporting and analysis, budgeting, and forecasting.
  • Experience with ERP systems and financial software.
  • Strong leadership and team management skills.
  • Excellent problem-solving, communication, and decision-making abilities.

Key Attributes:

  • High attention to detail and accuracy.
  • Strong ethical standards and integrity.
  • Ability to work under pressure and meet tight deadlines.
  • Analytical mindset with a focus on continuous improvement.
  • Excellent interpersonal and communication skills.