Assistant Vice President - Finance & Accounts - CA

Designation: Associate Vice President

Grade: Associate Vice President

Department: Finance & Accounts

Office Location: BKC, Mumbai

Position Summary: The AVP will be responsible for overseeing all financial activities to support CFO in driving growth and sustainability. Reporting directly to the CFO. The position will play a pivotal role in shaping the departmental structure. This role will involve interactions with the Board and other committees and Regulatory bodies, including SEBI.

Person: An ideal candidate should have strong analytical skills and written skills. S/he will need to work closely with the CFO to ensure a smooth running of departmental activities and aligned to the high standards of governance and legal framework.

The candidate should have a flair for negotiating costs and should be able to track funds transferred to partner agencies, ensure utilisation, and initiate a strong process and governance and legal framework . The position expects the person to be a self-starter with the ability to work in a small team and comfortable with tracking data and ensuring compliance.

Qualification & Experience:

- A bachelor's degree in finance, accounting, business administration, or a related field AND

- Professional certification: Chartered Accountant (CA)

- Strong track record and extensive experience in financial management, preferably within a stock exchange or financial institution, with a track record of progressively responsible roles.

- In-depth knowledge of Indian financial regulations, accounting standards, and stock exchange operations.

- Strong analytical, communication, and leadership skills.

- Ability to navigate complex financial systems and technology platforms.

- BFSI experience mandatory of 15+ years.

- Fair exposure to regulatory environment banking or Capital Markets.

Role and Responsibilities:

1. Financial Strategy and Planning:

- Oversee budgeting, forecasting, and financial planning processes to ensure effective allocation of resources.

2. Financial Reporting:

- Prepare and present accurate financial reports, statements, and disclosures in compliance with regulatory standards, accounting principles, and internal policies complying with SEBI & other Regulatory norms.

- Provide insights and analysis on financial performance to the management team and relevant stakeholders.

3. Audit and Compliance:

- Oversee internal and external audit processes, ensuring strict regulatory compliance with SEBI guidelines, financial regulations, accounting standards, and reporting requirements relevant to the financial services industry.

4. Risk Management:

- Collaborate with internal teams to assess and manage financial risks associated with Company processes.

5. Treasury Management:

- Manage cash flow, liquidity, and reserves to ensure timely settlement of trades and obligations.

- Monitor investment activities and maintain relationships with financial institutions.

6. Financial Controls:

- Establish and maintain internal controls to safeguard financial assets and prevent fraudulent activities.

- Conduct regular audits and assessments of financial processes to identify and rectify any discrepancies.

7. Team Leadership:

- Lead and manage the finance team responsible for various financial functions, including accounting, treasury, and financial analysis.

- Provide mentorship, guidance, and professional development opportunities to team members.