Gm-corporate Fin Ops

3 weeks ago

Mumbai Maharashtra, India Vodafone Idea Full time

Job Req ID: 45475- Location: Mumbai, IN- Function: Commercial/ Finance- About:

- Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

We're proud to be an equal opportunity employer. At VIL, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected and empowered to reach their potential and contribute their best.

VIL's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our Values of Passion, Boldness, Trust, Speed and Digital. Consequently, our recruiting efforts are directed towards attracting and retaining best and brightest talents. Our endeavour is to be First Choice for prospective employees.

VIL is an equal opportunity employer committed to diversifying its workforce.

**Role**

GM-Corporate FinOps

**Job Level/ Designation
M3/GM

**Function / Department**

Finance

**Location**

Corporate

**Job Purpose**

The purpose of this job is to ensure detailed review and control over Financial Operations of Corporate Books. This includes Finalisation of Corporate TB, proper allocation of Corporate Cost, Managing Accounts Payable (including various Centralised Expenses), reviewing Fixed Assets reporting, ensuring statutory compliances (TDS, GST), ICFR and Managing all kinds of audit. Also, responsible for PAN India Payroll Accounting and Reporting,

**Key Result Areas/Accountabilities**
- Monthly Closing of Corporate Books with BS/PL Variance Analysis as per MEC timelines given by Corporate Reporting Team.
- Corporate Cost Allocation to Circles.
- Review of provisions, Creditors, Advances, Accruals as per AGP and Security Deposits
- Timely payments to Vendors (Accounts Payable) as per DoA within TAT which includes Centralised Advertising and Publicity, Centralised IT, Centralised SD Expenses, Centralised Tax (DT/IDT), Digital and Enterprise business related expenses. This includes foreign as well as domestic payments (Both OPEX and CAPEX).
- Need to be clear all urgent and critical payment as per management instruction proactively in co-ordinate with all stakeholdrs.
- CLA SD Payments, SLT members Credit card Payment, Admin & HR payments.
- Legal and Professional expenses to be monitored in detailed with full details and understanding.
- Co-ordinating with Corporate Affairs Team for their vendor payments.
- Ensuring no duplicate/excess payments and no unutilized TDS on provisions. Timely getting Invoices against advance payments.
- Fixed Assets Accounting and Reporting (including IBM Assets under IT Contract), AUC provisioning, Disposal/Transfer of assets, IT Commitment cost for NTA.
- PAN India Payroll Accounting and Reporting in co-ordination with HRSSC
- Compliances related to GST and TDS for Corporate. Control over GST Input Credit and timely resolution of mismatch cases in co-ordination with user department, SSC and Vendors (as required)
- Compliance related to ICFR, Statutory Audit and Tax Audit. Timely response to audit team with proper co-ordination.
- Business partnering with various departments for any new business proposals, understanding deals 360 degree and then guiding users with requirements of Accrual Reporting, GST and TDS related guidance, and cost allocation ratio inputs etc.
- Continuously looking for process automation and digital initiatives for better efficiencies.
- Keep Team Motivated and ensuring rotation of jobs.

**Core Competencies, Knowledge, Experience**
- Self driven, disciplined,
- Technically sound in areas like IndAS/IFRS, GST and Tax Compliances like TDS/TCS
- Understanding of Financial Operations and Financial Reporting
- Effective Team handling experience
- Knowledge of SAP(FI)
- Effective communication skills (the role holder needs to interact with senior management, cross functional HoDs as well as external stakeholders)

**Must have technical / professional qualifications**
- Chartered Accountant
- SAP
- FinOps and Financial Reporting and Compliances (GST & TDS)
- Effective communication

**Years of Experience**

10+ Years (Post qualification)

**Di

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