Head - Finance - BFSI

Reporting to the Chief Financial Officer (CFO), the Head of Finance, will be responsible for overseeing of all finance, accounting, taxation and reporting activities.

The position will lead all day-to-day finance operations and supervise a team of staff members. It will hold functional responsibility over accounting, accounts payable, accounts receivable, payroll. The position will also be responsible for ensuring that the systems and procedures are in place to support effective program implementation and conduct flawless audits.

Key Responsibilities

The responsibilities would include, but not be limited to, the following:

- Financial Reporting: You will be providing timely and accurate financial reporting to management together with strategic insights on the company s financial position.

- Accounting Systems and Processes - Understanding requirements, identifying, evaluating and implementing the most suitable accounting system/ tools needed to support the accounting needs of the organization

- Implementing best in class accounting practices and Internal Control procedures considering:

- Accounts Payables - Purchase to Procurement Cycle & Policies, SOPs and SLAs

- Accounts Receivables - Billing Processes and Systems to raise timely invoices and perform ageing analysis

- Revenue and Cash Reconciliations and suggesting and implementing SOPs and SLAs

- Financial Closure - Ensure timely and accurate monthly closures. Consistent analyzing of financial data and presenting financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress, changes and keep senior leadership abreast of the financial status;

- Audit - Ensure timely year end financial closures - Statutory, Tax and IFC. Handle end to end audit process and ensure timely completion of audits

- Compliances and knowledge - Understand the applicability and ensure compliance with all the relevant statutes impacting the company. Keep abreast with all regulations impacting the companies accounting, compliance and reporting requirements as well as those impacting the company's operations. Understanding of Income Tax, GST, imports and exports, FDI Regulation, Companies Act, and other tax regulations

- Automation - Identify and implement processes to automate all routine repetitive tasks.

- Assisting leadership in the annual budgeting and planning process; administering and reviewing all financial plans and comparing to actual results with a view to identifying, explaining and correcting variances as appropriate;

- Leveraging strengths of the finance team members; providing clarity on the roles and responsibilities; developing and implementing training programmes to maximize and help them reach optimal individual and organizational goals