Job Description Head Finance & Accounts (Broking):

Role Overview:

We are seeking an experienced Head Finance & Accounts to lead and oversee the organization's financial operations. The ideal candidate will be responsible for financial planning, reporting, regulatory compliance, treasury management, risk management, and strategic financial decision-making. This role requires a strong finance leader who can drive business growth while ensuring sound financial governance and compliance within the financial services/broking industry.

Key Responsibilities:

1. Financial Planning & Analysis:

- Develop and implement financial strategies aligned with the organization's business objectives.

- Lead the annual budgeting, forecasting, and financial planning processes.

- Conduct financial analysis, modeling, and forecasting to support strategic decision-making.

- Monitor key financial metrics, KPIs, and business performance, providing actionable insights to senior management.

- Recommend strategies to improve profitability, operational efficiency, and cost optimization.

2. Financial Reporting & Compliance:

- Ensure accurate and timely preparation of financial statements in accordance with applicable accounting standards and regulatory requirements.

- Oversee statutory reporting, regulatory filings, tax compliance, and audit requirements.

- Establish and maintain robust internal financial controls to safeguard company assets and ensure data integrity.

- Coordinate with statutory auditors, internal auditors, tax consultants, and regulatory authorities during audits and inspections.

3. Treasury & Cash Management:

- Manage the organization's cash flow, liquidity, investments, and working capital efficiently.

- Oversee treasury operations, banking relationships, debt management, and capital-raising initiatives.

- Develop and implement treasury policies to ensure adequate liquidity while optimizing returns.

- Monitor cash forecasts and funding requirements to support business operations.

4. Risk Management:

- Identify, assess, and mitigate financial risks, including credit, liquidity, market, and operational risks.

- Develop and implement effective financial risk management frameworks and internal controls.

- Ensure compliance with evolving regulatory requirements and industry best practices.

- Recommend risk mitigation strategies to protect the organization's financial interests.

5. Strategic Planning & Business Support:

- Partner with the executive leadership team to formulate and execute business strategies.

- Provide financial insights to support investments, pricing strategies, mergers, acquisitions, and capital allocation decisions.

- Evaluate business opportunities through financial analysis and feasibility studies.

- Support organizational growth initiatives by delivering data-driven financial recommendations.

Qualifications:

- Bachelor's degree in Commerce (B.Com).

- Professional qualification such as CA, CPA, or CFA is highly preferred.

- Strong understanding of financial reporting standards, regulatory compliance, taxation, and corporate finance.

- Advanced expertise in financial planning, budgeting, forecasting, and financial modeling.

- Excellent analytical, leadership, communication, and stakeholder management skills.

- Proficiency in ERP systems and advanced financial reporting tools is preferred.

Preferred Experience:

- Prior experience in the Financial Services or Broking industry is mandatory.

- Proven experience leading finance and accounting functions in a senior leadership role.

- Strong knowledge of treasury operations, regulatory compliance, audit management, and financial risk management.

- Experience collaborating with executive leadership and driving strategic financial initiatives.

Key Competencies:

- Financial Strategy & Business Planning

- Financial Reporting & Regulatory Compliance

- Budgeting, Forecasting & Financial Modeling

- Treasury & Cash Flow Management

- Risk Management & Internal Controls

- Taxation & Statutory Compliance

- Leadership & Team Management

- Stakeholder & Executive Management

- Strategic Decision-Making