A Strategic Financial Leadership Position

5 days ago


Bhavnagar, Gujarat, India beBeeFinancial Full time ₹ 12,00,000 - ₹ 18,00,000
Job Title: Strategic Financial Leadership Role

The primary objective of this position is to lead and manage internal audit processes, financial analysis, and compliance.

  • This includes developing innovative solutions to address business challenges and enhance financial performance.
  • Additionally, the role requires planning, organizing, and managing complex financial situations across units.
  • The ideal candidate will analyze business processes to identify core issues and opportunities for improvement.
  • A key responsibility will be performing monthly closing of books of accounts and preparing profitability statements for senior management review.
  • The successful candidate will also prepare monthly MIS reports with detailed variance analysis and ageing reports.
  • Ongoing tasks include creating and monitoring budgets and forecasts (weekly, monthly, and quarterly); analyzing variances and proactively providing actionable insights.
  • Another critical aspect of the job is heading the internal audit department and implementing audit tools to improve efficiencies.
  • Designing, implementing, and monitoring internal controls and Standard Operating Procedures (SOPs) is a significant part of the role.
  • Responsibilities also include submitting and revising Internal Audit Charters and Audit Plans as required.
  • The ideal candidate will ensure compliance with corporate policies, accounting standards, and local tax regulations.
  • Identifying cost control areas and implementing effective strategies to reduce costs and avoid revenue leakages is essential.
  • Participating in value improvement initiatives and capex project reviews to ensure timely and cost-effective implementation is crucial.
  • Contribution to profit optimization and cost control through detailed contribution analysis reports is expected.
  • Liaising with statutory and internal auditors for quarterly audits and financial reviews is also necessary.
  • Coordinate with department heads for annual budget preparation and operational cost planning.
  • Oversee accounts receivables and payables, reconciliation processes, and other accounting functions.
  • Maintain payroll and accounting records to ensure adequacy of information and compliance with policies.
Qualifications:
  • Candidates should hold a CA or MBA in Accounting/Finance/Business Administration with a minimum age requirement of 42 years.
  • A minimum of 20 years of experience in auditing, financial analysis, and compliance is required.
  • Proficiency in financial analysis, auditing procedures, financial planning, reporting, and audit tools is essential.
  • Advanced skills in Microsoft Excel are necessary.
  • A willingness to conduct surprise audits and travel to overseas locations, whenever required, is desired.
  • Strong analytical and problem-solving skills are crucial.

Salary: up to 18 lacs per annum.



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