Our Client - A Premium Sports Club in Mumbai having 26 Acers of facilities comprising of all the Sports activities and enjoying top class, cream of the society as their members is looking for

HEAD OF ACCOUNTS & FINANCE

Will be reporting to CEO and Secretary of the Club. Will lead a 10 Members Team

Full CA with Post Qualification experience of 12 to 16 Years
. Atleast 5 years in senior management position

Prior experience within hospitality, leisure, club, or non-profit institutions will be preferred.

Demonstrated expertise in financial governance, compliance, internal controls, and risk management practices. Proficiency in financial systems, ERP platforms, and data-driven decision-making tools. Strong interpersonal, analytical, and communication skills with a collaborative management style.

Role & Responsibility: -

This senior executive role will be responsible for the overall financial management and strategic fiscal planning of the Club.

The Head will ensure financial integrity, compliance with statutory and regulatory provisions, and the prudent management of assets and resources to sustain the Club's long-term financial stability and growth.

The key Responsibilities

- Provide strategic leadership in all aspects of financial planning, budgeting, analysis, and reporting in alignment with the Club's mission and objectives.

- Need to Establish, maintain, and continuously enhance systems of financial control, compliance, and governance across all operations of the Club.

- Supervise the preparation of accurate and timely financial statements, management reports, and statutory submissions.

- Ensure that Salary & Wages of all the Club's staff is administered in accordance with the applicable rules.

- Ensure proper investment on the funds pertaining to the Club as well as amounts to PF accumulation of staff.

- Ensure full compliance with the provisions of applicable laws, including Income Tax, GST, Labour Regulations, Company Law, and relevant local body requirements.

- Oversee treasury and investment management, cash flow, and capital expenditure planning to support the Club's operational and development needs.

- Manage relationships with external auditors, banks, financial institutions, and regulatory authorities.

- Advise the CEO and the Secretary on financial implications of strategic and operational decisions, policies, and initiatives.

- Implement sound procurement, cost control, and risk management frameworks to ensure fiscal discipline.

- Lead, develop, and mentor the Finance and Accounts team, fostering a culture of integrity, accountability, and continuous improvement.

- Ensure that monthly bills of members are finalized and dispatched on time.

- Ensure that payments against monthly bills from the members is accounted for and reconciled regularly.

- Ensure that Bank Guarantees from the parties / vendors are maintained / obtained regularly.

- Ensure disbursement of payments to the Vendors is processed timely / correctly.

- Ensure that amount of cash / cheques received from the members are deposited in the Bank accurately / timely.

- Ensure that monthly bills of members are finalized and dispatched on time.

- Ensure that functions of Purchase & Stores department is effectively controlled and administered.

- Ensure that Insurance Policies on various counts such as Club Fidelity, Group Gratuity are renewed timely and settlement thereof are affected regularly on separation of Staff members.

- Effectively and regularly coordinate with Chairman of Finance Sub Committee and its members.

- Report any issues pertaining to Finance functions of the Club to the Secretary & Chairman Finance Sub-Committee.

- Ensure that Funds flow of Clubs account with various banks is regularly and effectively monitored.

- Responsible to provide details of accounts to external / internal auditors and various Committees of the Club.

- Maintain an effective control on the F&B functions.

- Ensure verification / routine checking of various Bills / vouchers through Internal checks & Control staff.