
Vice President Finance
2 days ago
Job Description: Head of Finance and AccountsLocation: Chandigarh (CCR) Work from OfficeYear of Experience - 3 to 6 yearsCompany Overview: Our client is a Series A funded dynamic and rapidly growing fashion start-up based in India. Their mission is to create India's best design-led, mass-premium western fashion company. At present, they specialize in footwear, stockings, bags, and fragrances for women.
Position Overview: The Head of Finance and Accounts will be responsible for managing all financial activities, ensuring compliance, and providing strategic financial insights to drive business decisions. This role involves overseeing accounting operations, budgeting, and financial reporting while ensuring sustainable profitability. Key Responsibilities:1.
Financial Strategy and Planning:
- Develop and implement financial strategies aligned with the company's goals.
- Provide data-driven financial insights to support strategic business decisions.2.
Budgeting and Forecasting:
- Lead the annual budgeting process, including forecasting revenue, expenses, and cash flow.
- Monitor budget performance and recommend adjustments as needed.3.
Accounting and Compliance:
- Oversee all accounting operations, ensuring accurate bookkeeping and record-keeping.
- Ensure compliance with all statutory and regulatory requirements, including tax filings andaudits.4.
Financial Reporting:
- Prepare timely and accurate financial statements, including P&L, balance sheet, and cashflow statements.
- Present financial reports and insights to senior leadership and stakeholders.5.
Cash Flow and Working Capital Management:
- Manage cash flow to ensure liquidity and optimize working capital.
- Identify opportunities to improve financial efficiency and reduce costs.6.
Taxation and Audits:
- Ensure proper tax planning and compliance with GST, income tax, and other relevant laws.
- Coordinate with external auditors for smooth audit processes and report finalizations.7.
Risk Management:
- Identify financial risks and develop mitigation strategies.
- Implement internal controls to safeguard company assets and financial data.8.
Team Leadership:
- Lead and mentor the finance and accounts team to enhance productivity and performance.
- Foster a culture of accuracy, integrity, and accountability.9.
Collaboration and Strategy:
- Partner with other departments, including operations, marketing, and supply chain, tosupport financial decision-making.
- Contribute to business growth strategies with a financial lens.
Qualifications:
- CA/MBA in Finance or equivalent qualification.
- 3 years of experience, preferably within fashion, retail, or e-commerce sectors.
- Strong knowledge of accounting principles, financial reporting, and taxation.
- Proficiency in financial software and ERP systems.
- Excellent analytical, communication, and leadership skills.
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