27/03 Preeti T
Principal Consultant at Executive Partners

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Financial Controller - BFSI (15-22 yrs)

Delhi NCR Job Code: 812645

Job Summary:

- Monitor timely sharing of financial information with shareholders in order to ensure compliance with finance & accounting standards & high degree of controllership in the company.

- Supervise timely preparation of balance sheet, P&L statement & cash flows & their audits.

- Take stock of financial & legislative changes that impact business.

- Monitor processes to ensure integrity & timeliness of financial, cost & management accounting & reporting.

- Monitor performance dashboards from a financial perspective; collate annual & three-year plan.

MAIN KRAs :

1. Operational Finance:

- Monitor financial & operating performance regularly & suggest course corrections where necessary. Be directly responsible for all payments to customers, business partners, employees and vendors. Lead the accounts payable process.

- Oversee smooth functioning of financial processes, such as banking of premium cheques & reconciliation; identify performance improvement opportunities including cost reduction, etc.

2. Finance Strategy:

- Assist in setting finance strategy & future direction for The Organization as part of the company's extended leadership team.

- Articulate strategy for the finance and control function that supports business strategy and incorporates leading practices; recommend necessary actions and plans to the management committee in order to ensure sustainable business performance & shareholder value.

3. Taxation & Reconciliation:

- Formulate taxation policies for The Organization; supervise tax planning & structuring for tax advantage, considering direct &indirect taxes, VAT, deferred taxes, etc;

- Oversee reconciliations in order to minimize tax incidence; ensure compliance; and ensure effective use of company funds.

4. Consolidation of Accounts:

- Supervise maintenance of the books of accounts by regularly accounting and updating of expense bookings, depreciation and accruals.

- Provide guidance to the Finance team on preparation of monthly, quarterly and annual reports, review the reports prepared.

5. Financial MIS and Analytics:

- Monitor processes to ensure integrity & timeliness of financial, cost & management accounting & reporting.

- Supervise timely preparation of balance sheet, P&L statement & cash flows & their audits.

6. Investment Risk Management and Accounting:

- Lead the risk management function for Investment, which is responsible to set up policies and procedures for managing risk of a Rs 28000 crs Asset Under Management.

- Continuously monitor and advise the front end on regulatory and internal breaches and act as a checker for the front end.

Desired Competencies:

- Understanding of accounting standards and application including international accounting Financial acumen and numerate.

- Good understanding of consolidation of accounts and internal controls.

- In -depth knowledge of financial accounting, payroll management, auditing principles.

- Strong analytical and problem-solving ability.

- Demonstrated ability in developing, grooming talent and mentoring subordinates.

- Understanding of current technology and applications to enhance finance control operations.

- Knowledge of vendors and their capabilities in financial space.

- Relevant experience in financial services/insurance sector is desirable.

- Sound understanding of laws and statutory regulations pertaining to financial management, accounting, audit, compliance and taxation. Knowledge of relevant laws pertaining to Insurance industry is desirable.

- Good communication and presentation skills.

- Preferably 15+ years of work experience in the area of Finance Control, Taxation, Budgeting and Financial Management.

- CA / ICWA/ CFA/, supplemented by further relevant professional study / qualification.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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