Finance Operations Manager
3 days ago
TVS Digital is a digital technology start-up that focuses on the Fintech & Automotive industry, offering platforms and services in Credit & Collection Services and Automotive & Retail domains. We provide IT Services to accelerate digital transformation by partnering with renowned platforms (Microsoft, Salesforce, Oracle, SAP) and help develop centre of excellence for our customers.
Mission
We build and deliver high-quality software solutions and services to address real-life business challenges of global companies in these domains using Analytics, Artificial Intelligence (AI), and Machine Learning (ML). Our strategy involves leveraging inorganic and organic means for initial build out and subsequent expansion and growth.
Job Description:
- We are seeking an experienced Finance Operations Manager to ensure timely and accurate closure of books of account and statutory audit.
- This role requires compliance with laws and regulations and establishment of a robust financial control system.
- The ideal candidate will have experience in managing finances and ensuring proper business planning and tracking of actuals vs budgets.
- They should also be able to help businesses achieve their plans by optimising cost of billable resources and keeping bench costs minimal.
- Treasury operations to optimise return on surplus funds and working capital management are also key responsibilities of this role.
Responsibilities:
- Ensure timely and accurate recording of transactions including implementation of automation projects.
- Perform review to ensure accuracy of reporting and drive digital adoption.
- Interact with auditors and complete Quarterly and annual accounts, preparing reports for board reporting.
- Ensure statutory compliances under fiscal statutes (Direct/Indirect taxation, RBI regulations etc.)
- Effective tax planning and management.
- Management of funds to improve returns and working capital management.
- Track and monitor budget vs actual and report variances and enforce corrective actions, publishing MIS in a time-bound manner.
- Implement systems for account-level P&L measurement for large clients.
- Support business in pricing decisions and contract negotiations.
- Analyse and benchmark financial metrics Vs competition.
- Performance of project-wise/company level FTE analysis for optimisation of billable resource rate and reduction in bench cost.
- Optimise and ensure adequate Insurance cover.
- Assess M&A opportunities, participate in due diligence and assist in negotiation.
- Analyse and benchmark financial metrics Vs competition.
- Cost reduction and profit improvement initiatives.
- People development.
- Supporting M&A / investment related activities.
- Support MBR and board material/management reports & transfer pricing as may be required between multiple entities.
Requirements:
- CA/MBA in Finance/Degree - Finance with 15 years' experience in mid-size IT companies having worked as a finance head with sound commercial knowledge, knowledge of accounting standards and fiscal laws.
- Experience in SAP Exposure to various accounting functions.
- The individual should possess at least 3 years of tech/services startups experience (Products & Services) growing at ~2-3x Y/Y.
- Willingness to travel.
Salary Estimate:
$120,000 - $150,000 per annum based on location and experience.
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