Associate Director - Finance - IT/ITeS Industry

Job Description: Associate Director of Finance

Position Overview:

We are seeking a highly accomplished Associate Director of Finance to join our leadership team in Pune.

This strategic role requires a seasoned finance professional with extensive experience in the ITES/IT industry, managing complex financial operations for large-scale organizations.

The successful candidate will drive financial excellence, strategic planning, and business growth through advanced financial modeling, compliance management, and cross-functional leadership.

Key Responsibilities:

Strategic Financial Leadership:

- Lead comprehensive financial planning and analysis for multi-million dollar revenue streams across various business units

- Drive strategic financial initiatives including mergers, acquisitions, joint ventures, and business expansion projects

- Partner with senior leadership to develop long-term financial strategies and business transformation roadmaps

- Oversee financial risk management and implement robust internal controls and governance frameworks

- Champion financial digitization and automation initiatives to enhance operational efficiency

Financial Planning & Analysis:

- Develop sophisticated financial models for ROI projections, scenario planning, and investment decision-making

- Lead annual budgeting and forecasting processes with detailed variance analysis and performance tracking

- Create comprehensive management reporting including executive dashboards, KPI analysis, and business intelligence

- Conduct advanced financial analysis for pricing strategies, profitability optimization, and cost management

- Drive capital allocation decisions and evaluate investment opportunities across technology and infrastructure

Compliance & Regulatory Management:

- Ensure adherence to Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS)

- Manage complex taxation compliance including GST, TDS, international taxation, and transfer pricing

- Oversee statutory audits and coordinate with external auditors, tax consultants, and regulatory bodies

- Implement GAAP compliance and ensure accurate financial reporting across all business entities

- Lead SOX compliance initiatives and maintain robust internal audit functions

Treasury & Cash Management:

- Optimize cash flow management and working capital across multiple currencies and geographies

- Manage banking relationships and negotiate credit facilities, foreign exchange hedging, and treasury operations

- Oversee accounts receivable and payable functions with focus on DSO optimization and vendor management

- Lead financial consolidation processes for subsidiary companies and international operations

Team Leadership & Development:

- Lead and mentor finance teams of 20+ professionals across multiple functions and locations

- Drive performance management and talent development initiatives within the finance organization

- Foster cross-functional collaboration with HR, Operations, Technology, and Sales teams

- Champion finance transformation through process improvement and best practice implementation

Required Qualifications:

Experience & Background:

- 15+ years of progressive finance experience in ITES/IT industry with minimum 5 years in senior leadership roles

- Proven track record of managing financial operations for organizations with 1000+ employees

- Deep expertise in managing P&L responsibility for revenue streams of 500+ Crores

- Experience with international operations and multi-currency financial management

- Background in financial transformation and ERP implementation projects

Technical Expertise:

- Mastery of Indian financial standards including Ind AS, Companies Act 2013, and SEBI regulations

- Advanced proficiency in taxation including direct tax, indirect tax, international taxation, and transfer pricing

- Expert knowledge of GAAP (US GAAP/IFRS) with experience in dual reporting requirements

- Sophisticated financial modeling skills with expertise in ROI analysis, NPV calculations, and scenario planning

- Proficiency in financial systems including SAP, Oracle, advanced Excel, and business intelligence tools

Leadership & Analytical Skills:

- Strategic thinking capability with ability to translate complex financial data into actionable business insights

- Executive presence with strong communication skills for board and investor presentations

- Project management expertise with experience leading large-scale financial initiatives

- Risk management acumen with understanding of financial controls and governance frameworks

- Change management skills with ability to drive organizational transformation

Industry Knowledge:

- Deep understanding of ITES/IT business models including software development, product engineering, and digital services

- Knowledge of revenue recognition principles for software and technology services

- Understanding of global delivery models and offshore-onshore cost structures

- Familiarity with technology investments and R&D cost management

- Experience with client contract negotiations and commercial terms evaluation

Preferred Qualifications:

- CA/CPA/CMA or equivalent professional accounting certification

- MBA in Finance from premier business school

- Industry certifications in risk management, treasury, or financial planning

- International assignment experience or exposure to global financial operations

- Experience with IPO preparation or public company financial reporting

- Knowledge of emerging technologies impact on financial operations (AI, blockchain, automation)

Key Performance Indicators:

- Financial accuracy and compliance with zero material audit findings

- ROI improvement through strategic financial initiatives and cost optimization

- Process efficiency gains measured through automation and digitization metrics

- Team development success through talent retention and capability building

- Stakeholder satisfaction from business partners and external auditors

What We Offer:

- Competitive compensation package up to 60 LPA with performance-based incentives

- Comprehensive benefits including premium health coverage, life insurance, and retirement plans

- Professional development opportunities including executive education and industry conferences

- Leadership platform to drive financial excellence and business transformation

- Flexible work arrangements with focus on results and work-life balance

- Growth opportunities within expanding organization and potential international assignments

Location: Pune, Maharashtra (Hybrid work model with flexibility for business travel)

Reporting Structure:

This position reports directly to the Chief Financial Officer/Finance Director and leads finance teams including Financial Planning & Analysis, Accounting, Treasury, Tax, and Financial Reporting functions.

Travel Requirements:

- Domestic travel: 20-25% for business meetings, audits, and subsidiary visits

- International travel: Occasional for global operations and stakeholder meetings