Associate Director of Finance

21 hours ago


Pune, India r3 Consultant Full time

Job Description: Associate Director of Finance Position Overview We are seeking a highly accomplished Associate Director of Finance to join our leadership team in Pune. This strategic role requires a seasoned finance professional with extensive experience in the ITES/IT industry, managing complex financial operations for large-scale organizations. The successful candidate will drive financial excellence, strategic planning, and business growth through advanced financial modeling, compliance management, and cross-functional leadership. Key Responsibilities Strategic Financial Leadership Lead comprehensive financial planning and analysis  for multi-million dollar revenue streams across various business units Drive strategic financial initiatives  including mergers, acquisitions, joint ventures, and business expansion projects Partner with senior leadership  to develop long-term financial strategies and business transformation roadmaps Oversee financial risk management  and implement robust internal controls and governance frameworks Champion financial digitization  and automation initiatives to enhance operational efficiency Financial Planning & Analysis Develop sophisticated financial models  for ROI projections, scenario planning, and investment decision-making Lead annual budgeting and forecasting processes  with detailed variance analysis and performance tracking Create comprehensive management reporting  including executive dashboards, KPI analysis, and business intelligence Conduct advanced financial analysis  for pricing strategies, profitability optimization, and cost management Drive capital allocation decisions  and evaluate investment opportunities across technology and infrastructure Compliance & Regulatory Management Ensure adherence to Indian Accounting Standards (Ind AS)  and International Financial Reporting Standards (IFRS) Manage complex taxation compliance  including GST, TDS, international taxation, and transfer pricing Oversee statutory audits  and coordinate with external auditors, tax consultants, and regulatory bodies Implement GAAP compliance  and ensure accurate financial reporting across all business entities Lead SOX compliance initiatives  and maintain robust internal audit functions Treasury & Cash Management Optimize cash flow management  and working capital across multiple currencies and geographies Manage banking relationships  and negotiate credit facilities, foreign exchange hedging, and treasury operations Oversee accounts receivable and payable  functions with focus on DSO optimization and vendor management Lead financial consolidation  processes for subsidiary companies and international operations Team Leadership & Development Lead and mentor finance teams  of 20+ professionals across multiple functions and locations Drive performance management  and talent development initiatives within the finance organization Foster cross-functional collaboration  with HR, Operations, Technology, and Sales teams Champion finance transformation  through process improvement and best practice implementation Required Qualifications Experience & Background 15+ years  of progressive finance experience in ITES/IT industry with minimum 5 years  in senior leadership roles Proven track record  of managing financial operations for organizations with 1000+ employees Deep expertise  in managing P&L responsibility for revenue streams of 500+ Crores Experience with international operations  and multi-currency financial management Background in financial transformation  and ERP implementation projects Technical Expertise Mastery of Indian financial standards  including Ind AS, Companies Act 2013, and SEBI regulations Advanced proficiency in taxation  including direct tax, indirect tax, international taxation, and transfer pricing Expert knowledge of GAAP  (US GAAP/IFRS) with experience in dual reporting requirements Sophisticated financial modeling skills  with expertise in ROI analysis, NPV calculations, and scenario planning Proficiency in financial systems  including SAP, Oracle, advanced Excel, and business intelligence tools Leadership & Analytical Skills Strategic thinking capability  with ability to translate complex financial data into actionable business insights Executive presence  with strong communication skills for board and investor presentations Project management expertise  with experience leading large-scale financial initiatives Risk management acumen  with understanding of financial controls and governance frameworks Change management skills  with ability to drive organizational transformation Industry Knowledge Deep understanding of ITES/IT business models  including software development, product engineering, and digital services Knowledge of revenue recognition principles  for software and technology services Understanding of global delivery models  and offshore-onshore cost structures Familiarity with technology investments  and R&D cost management Experience with client contract negotiations  and commercial terms evaluation Preferred Qualifications CA/CPA/CMA  or equivalent professional accounting certification MBA in Finance  from premier business school Industry certifications  in risk management, treasury, or financial planning International assignment experience  or exposure to global financial operations Experience with IPO preparation  or public company financial reporting Knowledge of emerging technologies  impact on financial operations (AI, blockchain, automation) Key Performance Indicators Financial accuracy and compliance  with zero material audit findings ROI improvement  through strategic financial initiatives and cost optimization Process efficiency gains  measured through automation and digitization metrics Team development success  through talent retention and capability building Stakeholder satisfaction  from business partners and external auditors What We Offer Competitive compensation  package up to 60 LPA with performance-based incentives Comprehensive benefits  including premium health coverage, life insurance, and retirement plans Professional development  opportunities including executive education and industry conferences Leadership platform  to drive financial excellence and business transformation Flexible work arrangements  with focus on results and work-life balance Growth opportunities  within expanding organization and potential international assignments Location Pune, Maharashtra  (Hybrid work model with flexibility for business travel) Reporting Structure This position reports directly to the Chief Financial Officer/Finance Director  and leads finance teams including Financial Planning & Analysis, Accounting, Treasury, Tax, and Financial Reporting functions. Travel Requirements Domestic travel : 20-25% for business meetings, audits, and subsidiary visits International travel : Occasional for global operations and stakeholder meetings.


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