VP - Finance

Job Title: VP - Finance

Job Overview:

The VP - Finance is a leadership role responsible for overseeing and managing the financial operations of the organization. This individual plays a crucial role in strategic planning, financial decision-making, and ensuring financial health and compliance. The position requires strong financial acumen, leadership capabilities, and a deep understanding of financial management practices, accounting standards, and regulatory requirements.

Key Responsibilities:

Financial Strategy and Planning:

• Develop and implement financial strategies aligned with the organization's goals.
• Provide financial insights and recommendations to support strategic decision-making by senior management.
• Lead the annual budgeting process, including forecasting and long-term financial planning.

Financial Reporting and Analysis:

• Oversee the preparation and presentation of accurate financial statements and reports.
• Monitor financial performance, conduct variance analysis, and provide actionable insights to improve profitability and cost-efficiency.
• Ensure compliance with financial reporting standards (GAAP, IFRS) and local regulatory requirements.
• Experience in handling transfer pricing, International transactions/taxation is a added advantage

Accounting and Compliance:

• Manage day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets.
• Ensure timely and accurate month-end, quarter-end, and year-end closing processes.
• Coordinate and manage internal and external audits.
• Ensure compliance with tax laws, regulatory filings, and financial reporting requirements.

Cash Flow and Treasury Management:

• Monitor cash flow, liquidity, and working capital management.
• Optimize the company's capital structure and manage relationships with financial institutions, including debt financing and credit facilities.
• Oversee investment strategies and risk management to safeguard company assets.

Team Leadership and Development:

• Lead and mentor a team of finance professionals, fostering a culture of continuous improvement and professional growth.
• Provide guidance on complex financial issues, accounting principles, and best practices.
• Ensure the finance team is equipped with the necessary tools and knowledge to perform effectively.

Cost Management and Efficiency:

• Identify and implement cost-saving initiatives and efficiency improvements across the organization.
• Collaborate with department heads to review budgets, control expenses, and optimize resource allocation.

Stakeholder Management:

• Collaborate with cross-functional teams to support business initiatives and ensure alignment between finance and other departments.
• Maintain strong relationships with external stakeholders, including auditors, tax authorities, and financial partners.

Technology and Systems Improvement:

• Leverage financial management systems and tools to streamline operations and improve reporting accuracy and efficiency. Knowledge and working experience in ZOHO is an added advantage.
• Stay updated on emerging financial technologies and recommend system upgrades to enhance efficiency.

Qualifications:

• Chartered accountant with a minimum four years of experience in a start-up environment
• Strong knowledge of financial reporting standards (GAAP, IFRS) and regulatory requirements.
• Proven experience in financial planning, analysis, and forecasting.
• Strong leadership and team management skills, with the ability to mentor and develop talent.
• Excellent communication and presentation skills, with the ability to influence and collaborate with senior management.
• Proficiency in financial software and ERP systems. Working knowledge of ZOHO books is an added advantage
• Strong analytical and problem-solving skills, with a strategic mindset.

Key Competencies:

• Strong accounting & Book-Keeping knowledge
• Strategic Financial Thinking
• Analytical and Problem-Solving Skills
• Strong Communication and Presentation Skills
• Risk Management
• Attention to Detail and Accuracy
• Adaptability and Innovation