Head - Finance

Role Overview:

We are seeking a highly motivated and experienced Head -Finance to lead our finance function at our Sriperumbudur office.

This pivotal role demands a seasoned professional with a strong understanding of core financial principles, coupled with specific expertise in managing international trade accounting, including import and export transactions.

The ideal candidate will be a qualified Chartered Accountant with the ability to oversee the entire finance department, ensuring compliance, efficiency, and strategic financial management. This role requires a proactive individual with excellent communication, negotiation, and problem-solving skills to ensure efficient and compliant financial transactions

Key Responsibilities:

• Financial Leadership and Management:

• Oversee all aspects of the finance department's operations, including accounting, budgeting, forecasting, financial reporting, and taxation.

• Develop and implement robust financial policies, procedures, and controls to safeguard company assets and ensure accuracy of financial information. Prepare and present timely and accurate financial statements and reports to management, providing insightful analysis and recommendations.
• Manage cash flow effectively, optimizing working capital and ensuring sufficient liquidity.
• Lead and mentor the finance team, fostering a collaborative and high-performing environment.

• Liaise with auditors, tax consultants, and other external stakeholders.

• Import and Export Transaction Management:

• Oversee and manage all import and export transactions, ensuring adherence to company policies and regulatory requirements.

• Handle the issuance, negotiation, and settlement of various trade finance instruments, including Letters of Credit (LCs) and Bill Discounting.
• Develop and maintain strong relationships with banks and financial institutions for trade finance facilities.
• Ensure meticulous documentation related to import and export activities, including invoices, packing lists, bills of lading, and customs declarations.

• Track and reconcile all payments related to import and export transactions.

• Compliance and Regulatory Adherence:

• Ensure strict compliance with all applicable international trade regulations, including INCOTERMS, Uniform Customs and Practice for Documentary Credits (UCP 600), Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) guidelines.

• Stay updated on changes in trade regulations and implement necessary adjustments to processes.

• Manage all aspects of customs clearance and ensure timely submission of required documentation.

• Logistics and Stakeholder Coordination:

• Liaise effectively with freight forwarders, customs brokers, and internal logistics teams to ensure smooth and efficient documentation and payment processing for import and export shipments.

• Address and resolve any discrepancies or issues related to trade finance and logistics. Maintain clear and proactive communication with suppliers, customers, and other relevant stakeholders regarding financial aspects of international trade.

Qualification and Experience :

• Qualified Chartered Accountant (CA) is mandatory.

• Bachelor's degree in Finance, Accounting, or a related field; a Master's degree or relevant professional certifications (e.g., CPA, CFA) would be an advantage.

• Minimum of 15-20 years of progressive experience in finance, with a significant portion focused on managing import and export documentation.
• In-depth knowledge and practical experience in handling Letters of Credit and Bill Discounting.
• Thorough understanding of international trade regulations (INCOTERMS, UCP 600, FEMA/RBI guidelines) and customs procedures.
• Proven ability to manage the entire finance function, including accounting, budgeting, financial reporting, and compliance.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent communication, interpersonal, and negotiation skills.
• Proficiency in relevant accounting software and MS Office Suite (especially Excel).
• Ability to work independently and as part of a team in a fast-paced environment.