Purpose:

The Head of Finance and Legal is responsible for overseeing the financial health and legal integrity of ensuring compliance with applicable laws, regulations, and quality standards, while supporting strategic decision-making and sustainable business growth.

Scope:

This role encompasses:

- Financial planning, reporting, and control

- Legal compliance and risk management

- Corporate governance and regulatory adherence

- Contract management and advisory

Key Responsibilities:

- Develop and execute financial strategies aligned with business objectives

- Lead budgeting, forecasting, and financial planning processes

- Oversee accounting, cash flow, and financial reporting. Ensure accuracy, transparency, and strong internal controls.

- Ensure compliance with financial, legal, and healthcare regulations

- Liaise with legal advisors and regulatory authorities

- Manage contracts, negotiations, and legal documentation

- Identify and mitigate financial and legal risks; handle disputes

- Establish governance frameworks and coordinate audits (internal & external)

- Ensure adherence to ISO and compliance standards

- Lead and develop finance and legal teams

- Drive performance, accountability, and ethical practices

Key Result Areas (KRAs) and Key Performance Indicators (KPIs):

Financial Strategy & Planning:

1. Budget vs actual variance (%)

2. Forecast accuracy (%)

3. Quality of financial insights (decision impact)

4. Timely completion of budgeting cycle

Financial Operations & Control:

1. Accuracy of financial statements

2. Cash flow efficiency (working capital cycle)

3. Timeliness of reporting

4. Internal control effectiveness (audit findings)

Legal and Regulatory Compliance:

1. Compliance adherence score

2. Number of regulatory non-compliances

3. Timely statutory filings (%)

4. Updates implemented as per regulatory changes

Contract & Risk Management:

1. Turnaround time for contract closure

2. Number of risk incidents

3. Effectiveness of risk mitigation measures

4. Number of disputes/litigation cases resolved

Governance & Audit:

1. Audit compliance score

2. Number of audit observations/closures

3. Adherence to ISO standards

4. Governance framework implementation effectiveness

Team Leadership:

1. Team performance vs targets

2. Employee engagement & retention rate

3. Training & development initiatives

4. Succession readiness

Qualifications & Experience:

- Bachelors degree in Finance, Accounting, Law, or related field

- CA / CPA / CFA and/or LLB / LLM preferred

- 10-18 years of experience in finance and legal roles, with leadership responsibility

- Experience in healthcare, medical devices, or pharmaceutical sector preferred