Head of Finance

The Head of Finance for our Indian subsidiary will oversee all financial, accounting, IT,
and human resources functions for both our manufacturing facility and shared services
team. This strategic role requires a seasoned financial leader who can drive financial
performance, ensure robust financial planning, manage risks, and support the
company's strategic initiatives. As a key member of the executive leadership team, the
Head of Finance will provide critical insights to inform high-level decision-making and
act as the finance liaison with corporate headquarters and other international
subsidiaries.

Key Responsibilities:

 Collaborate with the executive leadership team to formulate and implement long-
term financial strategies that support the subsidiary's vision and business
objectives and are aligned with corporate strategic objectives.
 Lead and participate in key strategic projects and initiatives, providing financial
insights and guidance to facilitate informed decision-making and successful
execution.
 Aligns with Columbia's Core Values of Innovation, Integrity, Collaboration,
Improvement and Growth.
 Conduct thorough market and competitive analysis to identify opportunities for
growth, expansion, and improvement, and integrate findings into strategic
planning.
 Oversee capital allocation and investment decisions, ensuring optimal use of
resources to maximize return on investment and support strategic priorities.
 Establish and monitor key performance indicators (KPIs) and financial metrics to
assess the effectiveness of strategic initiatives and overall business performance.
 Foster a culture of continuous improvement by regularly reviewing and refining
strategic financial processes and methodologies to enhance efficiency and
effectiveness.
Financial Reporting:
 Oversee the preparation and analysis of accurate and timely financial reports,
including monthly, quarterly, and annual financial statements in accordance with
local regulations and US GAAP.
 Ensure compliance with internal controls and accounting standards.
Financial Forecasting:
 Develop and maintain robust income statement and cash flow forecasting
models.
 Collaborate with department heads to gather relevant data and assumptions for
forecasting purposes.
 Monitor variances between forecasted and actual financial performance and
recommend corrective actions as necessary.
Accounting
 Manage all aspects of accounting, month-end close cycle, and account
reconciliations.
 Supervise accounts payable, accounts receivable, payroll, inventory, and general
ledger functions.
 Ensure accuracy and completeness of financial records and transactions.

 Review and approve journal entries, reconciliations, and adjustments.
 Monitor and enforce internal financial controls.
 Coordinate and manage annual audits, liaising with external auditors as
necessary.

Credit Management:
 Oversee Accounts Receivable (AR), collections, billing, and customer financing
activities.
 Implement credit policies and procedures to minimize credit risk.
 Monitor aging of receivables and work closely with sales and operations teams to
resolve issues and optimize cash flow.
 Collaborate with sales teams to understand customer needs and negotiate credit
terms when necessary. Maintain positive relationships with existing customers
and resolve credit-related issues promptly.
 Review credit applications and financial statements to assess the
creditworthiness of applicants.
 Structure Trade Finance options to assist in potential export financing and/or
payment options through Credit Insurance.

Treasury Management:
 Manage banking relationships, investments, and financing activities.
 Manage cash flow to ensure sufficient working capital.
 Develop and implement cash management strategies to optimize liquidity and
mitigate risks.
 Evaluate and recommend suitable financing options for business expansion or
capital investments.
Tax Compliance:
 Manage and comply with local, state, and federal government reporting
requirements and tax filings, ensuring the appropriate taxes are paid.
 Coordinate with external tax advisors to optimize tax planning strategies and
minimize tax liabilities.

 Manage the sales tax process.
Information Technology (IT)
 Oversee the IT department to ensure reliable and secure information systems
supporting financial operations.
 Collaborate with Corporate IT leadership to implement technology solutions.
Human Resources
 Oversee recruitment, onboarding, performance management, and employee
relations, ensuring alignment with company goals and corporate headquarters
policies.
 Create and implement HR policies and procedures in compliance with legal
requirements and corporate headquarter standards.
 Assess current and future talent needs, identify high-potential employees, and
develop programs to prepare them for key positions. Regularly review and adjust
succession plans to align with organizational changes and business objectives.
 Collaborate with department heads to provide training, mentoring, and career
advancement opportunities that support strategic goals.
 Manage comprehensive benefits packages, including health insurance,
retirement plans, and wellness programs, ensuring compliance with local
regulations and alignment with corporate policies.
 Create and maintain a positive, productive workplace that attracts and retains top
talent.
 Oversee the scheduling and execution of consistent and fair performance
evaluations across all departments in accordance with corporate headquarters
policies.
 Develop and enforce workplace safety policies and procedures, ensuring
compliance with local, national, and international regulations and corporate
standards.
Risk Management
 Identify and assess financial and operational risks, developing mitigation
strategies.
 Participate in product safety teams to limit risk and advise management on
actions to reduce product liability.
 Ensure compliance with all relevant laws, regulations, and industry standards.
 Oversee insurance programs, including negotiation and building relationships
with brokers, insurance companies, and legal counsel.

 Lawsuit oversight and case management, handling any legal issues that may
arise.
 Environmental Compliance and Workplace Safety Compliance to ensure the
organization adheres to all environmental and safety regulations.
Reporting to U.S. Parent Company:
 Provide timely and accurate financial information to support corporate reporting
requirements.
 Collaborate with corporate finance teams to facilitate forecasting and strategic
planning initiatives.
 Serve as a key liaison between the Indian subsidiary and the U.S. parent
company.

Qualifications
Education
 Bachelor's degree in Finance, Accounting, Business Administration, or a related
field.
 MBA or professional certifications such as CPA, CMA, or CFA preferred.
Experience
 Minimum of 10 years of progressive experience in financial management,
preferably within the manufacturing or factory automation industry.
 Proven experience in a senior financial leadership role overseeing finance,
accounting, IT, and HR functions.
 Experience working in a global or multi-national company is highly desirable.
Skills & Competencies
 Strategic Thinking: Ability to develop and implement financial strategies that
support business objectives.
 Leadership: Strong leadership and team management skills with the ability to
inspire and develop a high-performing team.
 Financial Acumen: Deep understanding of financial planning, analysis, and
reporting.
 Analytical Skills: Excellent analytical and problem-solving abilities.

 Communication: Exceptional verbal and written communication skills, with the
ability to present complex financial information clearly and concisely.
 Technical Proficiency: Proficient in financial software and ERP systems; strong
IT management capabilities.
 Adaptability: Ability to thrive in a fast-paced, dynamic environment and manage
multiple priorities effectively.
 Cultural Awareness: Understanding of and sensitivity to cross-cultural
differences within a global organization.
Preferred Qualifications
 Experience with shared services models.
 Knowledge of local Indian financial regulations and compliance requirements.
 Proven track record of driving financial performance and implementing process
improvements.

Personal Attributes
 Integrity: Demonstrates high ethical standards and professionalism.
 Proactive: Takes initiative and anticipates financial and operational needs.
 Detail-Oriented: Ensures accuracy and attention to detail in all financial matters.
 Collaborative: Works effectively with cross-functional teams and fosters a
collaborative work environment.
 Resilient: Maintains composure and effectiveness under pressure.