I. JOB DETAILS
Position Title: Head of Finance
Reports to: Group CFO
Company: Dvara Holdings
Location: Chennai
II. JOB PURPOSE : Managing all Finance activities for the Holdings Company, including supervision of Accounts/Tax and internal audits. Handle treasury for Dvara Holdings, including raising debt. Managing shared services of the Finance team by building a world class Centre of Excellence to the portfolio companies. Support the growth of group companies being incubated through strategic collaborations and continuous comprehensive process improvements.
III. KEY ACCOUNTABILITIES AND DELIVERABLES:
- Oversee all income and expense related accounting including MIS and analysis
- Build relationships for debt funding and interact with lenders to negotiate key commercial terms in company's interest; Follow up to ensure all-time compliance of debt covenants
- Effective Treasury management to maximise yield on treasury funds and minimise cost of carry, where applicable.
- Overview of vendor management and payments process including review of vendor agreements and performance
- Review and monitor all tax related matters - Direct and Indirect taxes. Coordinate with tax consultants for various taxation matters relating to assessments and appeals and ensure rigorous implementation to minimise tax outflows and maximise tax refunds.
- Manage and build a world class Centre of Excellence (CoE) for finance shared services to portfolio companies, be the proactive Finance Business Partner (FBP) for portfolio company leadership.
- Build detailed business plans in consultation with business heads. Provide dynamic support to ever changing liquidity. Requirements at the Holding company.
- Review the monthly MIS to be presented to the management with advanced analytics and pointers for focussed action
- Compare budget on a monthly basis with the actual expenses and analyse the reasons for the variance, if any.
- Review financial statements including consolidated financial statements prepared on periodic basisOverview of internal audit processes and internal controls with pro-active process improvements as well as zero tolerance for repeat observations across Holdings and other group companies.
- Handle statutory, tax and internal audits as per the audit schedule.
- Manage regulatory and other compliances and ensuring that all statutes and laws and adhered to without exception
- Hire, train and manage a team of skilled F&A executives
- Assist the CFO in all other strategic matters including but not limited to strategic acquisitions, Due diligence, Valuations ,etc
III. CANDIDATE PROFILE
Educational Qualifications: - CA/CMA/ICMA
Experience:
- 10 years in Finance and Accounting
Knowledge/Skills required:
- Knowledge of GAAP
- Understanding of taxation
- Understanding of audit practices
- Experience in working with an accounting system like SAP
- Understanding of Company Law
Competencies required - Ability to drive process and system automation
- Process enhancement
- Process orientation
- Ability to multi task
- People management
- Stakeholder Management
V. INTERFACE
Internal - CEOs / CFOs of portfolio companies
- Leaders within the Holdings structure
External
- Auditors
- Lenders
- Investors/Strategic Partners
- Tax & Other consultants
- Vendors and partners
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