Role Title: Head-Finance

Reports to: Director

Experience: 8-10 years of progressive financial responsibility and International Accounting standards.

Compensation: 15 LPA- 20 LPA

Qualification: University degree or college diploma in Accounting, Commerce, or Business Management/Administration, Chartered Accountant designation is a must.

Industry Background: Preferably KPOs, International BPOs

Eligibility Criteria: Decent academic record, MNC experience and excellent communication skills.

Shift Timings: As per European Time Zones

The Head of Finance contributes to the overall success of the organization by effectively managing all financial tasks for the organization.

Financial accounting and reporting:

Develop and maintain timely and accurate financial statements and reports that are appropriate for the Management.

Develop, implement, and ensure compliance with internal financial and accounting policies and procedures

Prepare all supporting information for the annual audit and liaise with external auditors as necessary

Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash

Reconcile bank accounts.

Review monthly results and implement monthly variance reporting

Manage the cash flow(inflow & outflow) and prepare cash flow forecasts in accordance with policy

Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll

Payroll preparation and administration:

Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner

Process and submit statutory and benefits remittances on time

Budget preparation:

Establish guidelines for budget and forecast preparation and prepare the annual budget in consultation with the Directors and CEO.

Information technology:

Evaluate the need for new technology to meet the organization's financial data processing, control, and reporting requirements.

Advise on appropriate technology improvements that meets the organization's information requirements and financial resources.

Risk management:

Monitor risk management policies and procedures to ensure that program and organizational risks are minimized

Maximize income where possible and appropriate

Negotiate with Bank for lines of credit or other financial services as required and appropriate

Functional Competencies:

- Good communication skills both written and verbal

- Good functional knowledge and business understanding.

- Should have proficiency in the use of computer programs for:

- Accounting

- Databases

- Spreadsheets

- E-mail

- Internet

Behavioral Competencies :

- Behave Ethically: Understand ethical behavior and business practices and ensure own behavior and the behavior of others is consistent with these standards and aligns with the values of the organization

- Build Relationships: Establish and maintain positive working relationships with others both internally and externally to achieve the goals of the organization.

- Communicate Effectively: Speak, listen and write in a clear, thorough and timely manner using appropriate and effective communication tools and techniques.

- Focus on Client Needs: Anticipate, understand, and respond to the needs of internal and external clients to meet or exceed their expectations within the organizational parameters.

- Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.

- Lead: Positively influence others to achieve results that are in the best interest of the organization.

- Make Decisions: Assess situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the organization

- Organize: Set priorities, develop a work schedule, monitor progress towards goals, and track details, data, information and activities.

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