Head of Finance
4 days ago
Job Description Head, Finance Centre of Excellence (CoE) - Chennai
Position Summary:
We are seeking a seasoned finance professional to set up and lead the Finance Centre of Excellence (CoE). The role involves centralising, standardising, and optimising finance and accounts operations across the organisation. The incumbent will act as a strategic leader and hands-on driver to build a scalable, efficient, and compliant CoE that enables better governance, accuracy, and transparency in financial operations.
Key Responsibilities:
- CoE Setup & Leadership
- Establish and lead the Finance CoE, setting up the operating model, governance
- framework, and performance metrics.
- Drive centralisation of identified processes to achieve standardisation, efficiency, and
- cost optimisation.
- Build and mentor a team to deliver high-quality finance operations.
- Finance Operations to be Transitioned & Managed (indicative)
- Service Charge Billing & Reimbursement Billing
- Invoice revisions & issuance of credit notes
- Receipt & reconciliation of invoices against payment advice
- Resolving invoice disputes with Operations teams
- Unbilled revenue tracking & clearance
- Client advance tracking, adjustment & monitoring
- 26AS reconciliation and client ledger reconciliation
- Client balance confirmation; issuance of No Due Certificates
- Employee advance disbursement & settlement
- Operations expenses processing, monitoring & control
- Online payment of statutory fees & contributions
- Vendor registration form support
- Accounting & Reconciliations
- Bank reconciliations (BRS) and closure of open items
- Such other relevant processes as may be deemed necessary to be transitioned and managed
- Process Excellence & Optimisation
- Define and enforce standard operating procedures (SOPs) across all finance activities.
- Automate repetitive processes and drive adoption of digital tools for efficiency.
- Ensure strong internal controls and compliance with regulatory requirements.
- Identify opportunities for cost savings, process optimisation, and risk mitigation.
- Partner with business leaders, auditors, and external stakeholders to ensure smooth operations.
- Drive change management initiatives and foster a culture of continuous improvement.
Desired Candidate Profile:
- Chartered Accountant (CA), Cost Accountant (ICWA), MBA (Finance), or equivalent qualification.
- 12-18 years of progressive experience in Finance & Accounts, with at least 5+ years in leadership role.
- Strong exposure to setting up or managing shared services/finance CoEs/GCCs preferred.
- Demonstrated experience in driving centralisation, process standardisation, and automation initiatives.
- Strong leadership, team-building, and change management skills.
- Expertise in finance operations, compliance, and statutory requirements.
- Excellent analytical and problem-solving ability with a process-oriented mindset.
- Proven track record of managing cross-functional stakeholders.
- High proficiency in ERP systems, MS Excel, and financial reporting tools.
- Strong communication and influencing skills
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