Financial Director

4 weeks ago

Mumbai, Maharashtra, India Indevia Accounting Pvt. Ltd. Full time
Job Description

Financial Controller:

Indevia Accounting Pvt. Ltd. is seeking a highly skilled and experienced Financial Controller to join our Management team. The ideal candidate will be responsible for leading the accounting operations of the company, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles (or their Indian equivalent) or international financial reporting standards.

The Financial Controller will guide the company's document library in compliance with US and Indian law. The position will be responsible for undertaking all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecast preparation, as well as the development of internal control policies and procedures.

Key Responsibilities:

  • Lead controllership operations - Reporting, taxation, treasury, compliance, risk management, audit, forecasting etc.
  • Responsible for streamlining processes and the Finance Department.
  • Maintain a documented system of accounting policies and procedures.
  • Manage outsourced functions like Chartered Secretary services to ensure legal compliance, work with outside tax experts to file accurate tax returns to Indian tax authorities, make sure IAPL books are audited in accordance with Indian law.
  • Manage and comply with local, state, and government reporting requirements, document retention policy, and tax filings for e.g. GST, Income tax etc.
  • Oversee the operations of the accounting department (for both IAI and IAPL), including the design of an organizational structure adequate for achieving the department's goals and objectives.
  • Ensure timely and accurate invoicing of clients in coordination with Sales and Operations.
  • Conduct periodic reviews with department/function heads and drive corrective action where required to ensure Profitability.
  • Analyze the profitability of various segments of the company's business and advise the management team on how to improve profitability.
  • Coordinate and direct the preparation of the budget and financial forecasts and report variances.
  • Recommend benchmarks against which to measure the performance of company operations. To Publish and present financial and operating metrics.
  • Lead and coordinate various audits, including but not limited to a statutory, internal audit of client deliverables and mistake-proofing the errors, and tax audits.
  • Proactively provide analysis and strategic insight to senior management.
  • Continually seek to improve productivity and efficiency through the development of financial and accounting processes and controls.

Requirements:

  • Leadership:
    • Be a Financial Advisor to the CEO.
    • Build and maintain a departmental structure, operating standards, and practices that are responsive and adaptable to evolving business needs.
    • Develop and implement a talent plan to ensure the right people are in the right place at the right time to meet the organization's strategic needs.
    • Manage employee performance by establishing clear goals and expectations, tracking progress against the goals, ensuring timely feedback, and promptly addressing performance problems and issues.
  • Team Management:
    • Manage team functions and utilizations, viz. workforce planning, facilitating recruitment, selection, induction, performance appraisal, training, etc., in line with overall business goals.
    • Share knowledge, mentor, train and educate the organization's staff regarding the company's vision, opportunities, and challenges.
    • Be an integral, collaborative member of the Executive team, driving strategic decisions with financial expertise and unwavering support for Organizational success.
    • Ensure company operation hurdles are resolved in a timely and cost-effective manner.

Preferred Qualifications:

  • Master's or a bachelor's degree in commerce with 10 + years of experience or in a related field.
  • Candidates who have completed the qualifications to be a member of the Institute of Cost Accountants of India or the Institute of Chartered Accountants of India (may apply).
  • Leader with a service mindset who takes pride in growing the people she/he leads.
  • Deep understanding of how to use accounting to create value for the client.
  • Passion for using the best tools available to transform the business.
  • Experience with process management techniques like Six Sigma, TQM is highly desirable.
  • Entrepreneurial spirit who is excited by the prospect of rapid growth.
  • Demonstrated ability to lead a team of professionals to higher levels of performance.
  • Excellent oral and written communication skills in English. Able to interact with US clients and prospects via phone, email, and in person.
  • Keep up to date with industry standards and technology changes to help build robust systems and provide ideas for integration.
  • Process-driven with a strong Project Management and Product Owner Mindset.

Cultural Fit:

Indevia Accounting Pvt. Ltd. has evolved a consultative management style. We understand that staff attrition has a high cost. We invest in hiring rare, responsible people and allow them a great degree of autonomy. A top-down authoritarian style will not work.

Benefits:

Job location and compensation: Mumbai. Compensation: Competitive with profit participation and bonus payouts.

Preferred Skills and Qualifications:

  • International business experience.
  • Valid US visa.

We are an Equal Opportunity Employer with no discrimination as to gender, religion, caste, creed, disability, or national origin. We believe in promoting from within and offer opportunities for career advancement. If you are ready to make a meaningful impact and help us build a brighter future with Indevia, please apply.

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