Dvara Solutions - Head - Finance

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