Head Of Finance
1 week ago
SBS is a global financial technology company that's helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. SBS is a trusted partner of more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide, including Santander, Societé Generale, KCB Bank, Kensington Mortgages, Mercedes-Benz, and Toyota FS. Its cloud platform offers clients a composable architecture to digitize operations, ranging from banking, lending, compliance, to payments, and consumer and asset finance. With 3,400 employees in 50 offices, SBS is recognized as a Top 10 European Fintech company by IDC and as a leader in Omdia's Universe: Digital Banking Platforms.
Job DescriptionThe Head of Finance - India will be responsible for building and managing the local finance operations and leading the setup, transition, and ongoing management of the Shared Services Center (SSC) in India for Finance. This leadership role requires a blend of strategic vision and operational expertise to oversee finance functions both locally and within the SSC, ensuring alignment with global financial standards, efficiency, and robust governance.
Key Responsibilities:
Local Finance Operations Management:
- Build and oversee day-to-day financial operations in India and lead monthly, quarterly, and annual financial close processes, ensuring accuracy and timely reporting.
- Lead the finance team responsible for accounts payable (AP), accounts receivable (AR), payroll, tax filings, and statutory reporting.
- Ensure local compliance with Indian accounting standards (IND-AS), tax regulations, and other statutory requirements.
- Manage internal and external audit processes, ensuring transparency and effective audit compliance.
- Contribute to and oversee the implementation of Workday for Finance for India and manage the migration of books and records to the target setup.
Shared Services Center (SSC) Setup & Transition:
- Lead the end-to-end setup of the SSC in India, including designing the operating model, staffing, processes, and technology infrastructure.
- Define and implement efficient, scalable processes for finance and accounting shared services (AP, AR, GL, payroll, financial reporting, etc.).
- Manage the transition of finance functions to the SSC, working closely with global teams to ensure smooth migration and minimal disruption.
Team Leadership & Development:
- Lead and mentor both the local finance team and SSC staff, ensuring high levels of engagement, productivity, and performance.
- Foster a collaborative, results-driven work culture and ensure that both the local finance team and SSC work seamlessly with cross-functional departments such as HR, IT, and Operations.
Stakeholder & Cross-Functional Collaboration:
- Work closely with the global finance leadership to align the SSC setup and local finance operations with the organization's global financial strategy.
About 74Software
We are now seeking an experienced and strategic Global Head of Finance in India to build and lead our local finance function and ensure compliance, efficiency, and risk management across our global footprint. Our Finance function is currently outsourced, and a key responsibility of the role will be to build a local in-house team to support the insourcing of the function as well as migrating the Finance systems onto our new Workday-centered ERP.
Why Join Us:
- Build and lead the finance function in India and a key SSC setup that will play a pivotal role in transforming finance operations.
- Competitive salary and benefits package.
- Exposure to working in a global environment with opportunities for professional growth and leadership development.
- Opportunity to be at the forefront of finance transformation within a fast-growing and dynamic organization.
- Education: Bachelor's degree in Finance, Accounting, or a related field. A Master's degree (e.g., MBA) or professional certifications (e.g., CPA, CA) is preferred.
- Experience:
- 12+ years of experience in finance, with at least 5 years in a senior leadership role.
- Strong understanding of Finance Information Systems and experience in migrations.
- Proven experience in setting up and managing a Shared Services Center (SSC) in India, ideally in a multinational environment.
- Strong understanding of Indian accounting standards (IND-AS) and financial regulations, tax laws, and global financial standards (IFRS, US GAAP).
- English fluent
- Leadership: Demonstrated experience in managing cross-functional teams, including leading finance operations and shared services.
- Technology: Experience with Workday ERP systems is a must.
Location: Noida Campus (Hybrid)
At our organization, we are committed to fighting against all forms of discrimination. We foster a work environment that is inclusive and respectful of all differences.
All of our positions are open to people with disabilities.
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