Senior Financial Leadership Role
1 day ago
Job Title: Senior Financial Leadership Role
">Job Description:We are seeking an experienced and skilled Senior Manager/Head of Finance to lead our financial operations. As a key member of our management team, you will be responsible for managing and controlling the financial reporting for one of our business units.
">You will oversee the monthly, quarterly, and annual accounts, manage labour compliances, and support journal entries as required. Your responsibilities will also include compliance with all laws and regulations under the statute, managing Audits and Tax, and owning the overall governance and controls for the BU/Entity under your purview.
">In this role, you will also be responsible for reporting statutory, regulatory, and Management requirements and taking necessary actions and measures to support the overall vigilance structure of the organization and management. You will ensure correctness of data and analysis for forecast vs Actuals and support the Business team and India Business Unit Finance for Financial Planning and Analysis activities for the BU.
">Furthermore, you will drive the FPNA Activities including but not limited to POR, monthly or quarterly reviews, Working capital Management, Capex. Key Responsibilities include (but not limited to): Financial reporting to Management and the Board of Directors of the Legal Entity Statutory compliances including Audits, Tax filings, Returns, as well as timely compliance with government regulations Thorough knowledge of Customs and FEMA procedures with hands-on experience dealing with IDPMS, EDPMS and Mercantile Trade Transactions (MTT) Ability to implement effective controls across all business processes, avoid adverse impact on revenue, profits, cashflow and ensure correct reporting of financial for management and statutory purposes Have good financial acumen to assess Orders, Sales, Profit and Cash Flow movements, track variances vs. plan, identify risk mitigation actions to achieve financial plans and lead FP&A activities for the business Effectively communicate and adjust content / style to meet the needs of diverse stakeholders Influence critical decisions, drive cross functional collaboration and implement processes that enhance business efficiency and productivity As part of the Management Team, recommend necessary course changes based on a good understanding and assessment of underlying trends and operational performance Be resilient and be able to act quickly & decisively in constantly evolving situations Analyze multiple and diverse sources of information to define problems accurately before moving to solutions while having a good grasp of situational or group dynamics Fund Management, monitoring of Cashflows on periodic basis and communication with management teams for proper funds planning. Work and maintain relationship with Banking partners and central Treasury for all Business / Entity needs, including but not limited to timely processing of payments, issuance of bank guarantees, review of credit limits, etc Work closely with Business Unit and Customer for ensuring maximum collection and reduction in defaults or bad debts. Ensure strict adherence to collection and credit control policy of the Group. Review and assess the credit limits and utilization on periodic basis and provide management with details to ensure timely action. Implementing collection policies and procedures to avoid increase in past dues. Work closely with the sales team for valid payment terms pre/post orders Maintain, report and discuss Asset performance dashboard and timely actions to keep it within budget Drive efficiency improvement initiatives for reporting and adopt newer tools/technology to bring more productivity from finance team Give career growth plans and drive those IDP programs within the team religiously to create strong bench strength. Encourage team for stretch assignments for newer learning and not limit to routine finance activities.
Who You Are:
You quickly and decisively act in constantly evolving, unexpected situations. You adjust communication content and style to meet the needs of diverse partners. You always keep the end in sight puts in extra effort to meet deadlines. You analyze multiple and diverse sources of information to define problems accurately before moving to solutions. You observe situational and group dynamics and select best-fit approach.
For This Role, You Will Need:
- Chartered accountant (ACA) with at least 12 years of experience on the Controllership side and Progressive Business Finance and Plant finance
- MNC experience preferred
- At least 3-5 years of experience leading a Team
- Working knowledge in ERP(preferably Oracle) and Tally with skills in adopting new technologies or applications
- Ability to work in a matrix organization with complex process, systems and tools
- Ability to handle large volumes of data and create dynamic management reports
- Great teammate who buildsandmaintains positiverelationships with Team members
- Able tomanageandschedulemultipleprioritiesandmeetdeadlines
- High Adaptability and Critical thinking to manage complex issues
- Ability to manage diverse functional team
- Strong and effective Communication skills
- Lead effectively the finance team through proper communication, support and guidance
- Work collaboratively with Business and Sales team for smooth functioning of organization systems and processes
- Coordinate with external stakeholders including Customers / Banks
- Effective communication with Management Stakeholders for progress, concerns and reviews
Possess strong analytical skills.
Preferred Qualifications That Set You Apart:
- Qualified Chartered Accountant with the relevant experience in Controlling, Reporting and FPNA
- Advanced user of MS Office tools applications (Excel & PowerPoint)
- Preferably your experience will be within a Multinational Company
- Ability to work with diversified IT systems
- Be a gatekeeper for all matters of governance and control for the Entity
- You will be able to build relationships at a Senior Leadership level and be able to present and communicate to a wide range of audiences.
- Your ethics will be of the highest standard and you will ensure full compliance with accurate statutory reporting.
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