Associate Director, Finance

Job Title: Associate Director, Finance & Accounts

Direct Reportee: Up to SVP

Location: Gurugram

Reporting to: Chief Financial Officer (CFO)

Industry: Services in the Protection and Facility Industry

Company Turnover: Above ₹2000 Crore

Job Summary:

Our client is seeking an experienced and strategic Associate Director to lead the financial management of our security & facility service-based organisation. The ideal candidate will bring strong leadership, financial expertise, and business acumen to oversee the company's financial health, compliance, reporting, and planning. 

Key Responsibilities:

1. Financial Planning & Analysis

• Lead the annual budgeting, forecasting, and long-range financial planning process.
• Provide strategic financial insights to support business decisions and growth.
• Monitor financial performance by measuring and analyzing results, and initiating corrective actions as needed.

2. Financial Reporting & Compliance

• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with US GAAP / Ind AS.
• Ensure budgetary control on a monthly basis.
• Oversee statutory audits, internal audits, and ensure compliance with all regulatory requirements (Income Tax, GST, Companies Act, etc.).
• Coordinate with external auditors, tax consultants, and regulatory authorities.
• Capable of monitoring accounts receivable and timely billing on a monthly basis.
• Should be capable of handling Income Tax, GST, and other tax compliance by liaising with consultants.

3. Cost Control & Optimization

• Identify cost-saving opportunities and drive operational efficiency.
• Develop and implement financial controls, policies, and procedures.
• Review pricing strategies and contracts to ensure profitability.
• Monitor client profitability and the company's gross margin.

4. Treasury & Cash Flow Management

• Manage working capital, cash flow, and banking relationships.
• Monitor fund utilization and assess short-term and long-term financing requirements.
• Evaluate investment opportunities and risks.

5. Team Leadership & Development

• Lead, mentor, and develop a team of finance professionals across multiple locations.
• Foster a culture of high performance, integrity, and continuous improvement.
• Capable of handling a large team of 100+ members.

6. ERP and Systems Oversight

• Lead digital finance initiatives, including ERP implementation/improvement (SAP/Oracle/Navision, etc.).
• Process enhancement and automation, along with the creation of SOPs and policies, ensure robust control.
• Ensure robust financial systems and accurate real-time reporting.

7. Stakeholder Management

• Act as a key business partner to the CFO, CEO, department heads, and board members.
• Present financial insights and reports to senior leadership and shareholders.
• Should be capable of handling the accounts payable of a large-sized company.

Required Qualifications & Experience:

• Chartered Accountant (CA); CA is compulsory, and an MBA (Finance) from a reputed institute is a plus.
• Minimum 15 years of experience in financial leadership roles, preferably in the service industry (e.g., IT/ITES, logistics, facilities management, hospitality, consulting).
• Proven track record in managing finance for a company with ₹1200+ crore turnover.
• Strong understanding of Indian accounting standards, taxation, compliance, and corporate governance.
• Hands-on experience in ERP systems and financial automation tools.
• Excellent analytical, communication, and leadership skills.
• Capability to handle a business partnering team located at multiple locations throughout India

Key Competencies:

• Strategic thinking with attention to detail
• Strong business acumen and decision-making ability
• High integrity and ethical standards
• Ability to work under pressure and manage competing priorities
• Effective leadership and interpersonal skills

Remuneration:

Competitive compensation package aligned with industry standards, budgeted 75 Lacs