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44
Applications:  31
Recruiter Actions:  0

Job Code

1652796

Description:


ROLE OUTLINE:


- Strategic, Planning, implementation, managing of all the finance activities of the organization, including budgeting, forecasting and Liaison with banks/financial institutions.

- Provide strategic recommendations for critical decision making relating to fund management, allocation, utilization and investment.

- Act as an advisor to the higher management and promote Management agenda while ensuring implementation of overall Financial Strategy in all areas of operation.

- Strategic Financial Planning & Execution.

- Provide strategic financial inputs and leadership on decision making issues affecting the organization.

- Develop financial well-being of the organization by providing financial projections and accounting services and preparing business growth plans.

- Develop organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects;.

- Advising on long-term business and financial planning.

- Interpret the company's financial results to management and recommend improvement activities.

- Ensure effective planning of cash, debt, Foreign exchange and investment management functions of the organization for current and future needs (in case of business expansion).

- Develop and manage strategies, operations, policies and budgets relating to treasury activities.

- Review of financial policies for capital structure, working capital, treasury operations, risk management, and insurance risk management from time to time.

- Ensure effective fund management by creation of corpus fund & utilising surplus funds in short &long term investments.

- Efficiently manage all the respective stakeholders (Internal and External) and develop relationships with external parties e.

- with auditors, solicitors, bankers, statutory organizations.

- Develop strategy to initiate IPO and guide management from time to time related to same.

- Obtaining and maintaining investor relations, stakeholders and partnership compliance.

- Engage in on-going cost reduction analyses in financial areas of the company.

- Develop, implement, and ensure compliance for all taxation matters, ensuring compliance under GST Act, Income Tax Act, and all other relevant tax laws.

- To validate and ensure timely filing of all kinds of Direct and Indirect Taxation returns.

- Operational Excellence.

- Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.

- Maximize return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.

- Evaluate and timely avail various fiscal benefits, subsidies, grants available to the company as per different policies across different states.

- Planning and Taking corrective actions for hedging the risk of FOREX instruments.

- Effectively handle finance & accounts department of different units.

- Highlight discrepancies to the management which helps them in making decisions, suggest corrective actions.

- Guide & support other departments for budgeting & controlling expenses pertaining to day-to-day operations.

- Review & validate CMA report(Credit Monitoring Arrangement), project report for sanction of limits from banks.

- Ensure to get grant of subsidies as applicable to group companies.

- Ensure accounts of promoters are proper maintained & minimize risk on investments.

- Point of contact with SCM(capex) for projects as well as with Legal & regulatory department.

- Ensure timely filing of statutory dues in order to mitigate risks arising out of non-compliance.

- Oversee analysis of overall profitability and tax planning as per laws & in favor of the business.

- Monitor functioning of any external vendor/ partyengaged in projects signed up for enhancing business efficiency & profitability.

- To ensure compliance of secretarial matters.

- To ensure smooth functioning of Internal audit department.

- Monitor functioning of IT & SAP.

- Team Management & Development.

- Set KPIs and evaluates effectiveness of departmental initiatives, making appropriate changes that encourage achievement of overall business goals.

- Constant engagement with the team to motivate, develop their personnel growth opportunities and understand grievances.

- Provide constructive solutions to the problems.

- Learning and Development.

- Updates job knowledge by remaining aware of new regulations, reading professional publications, maintaining personal networks, and participating in professional organizations.

- Encourage out-of-box thinking & work on new initiatives to bring tangible benefit to the organization.

CANDIDATE PROFILE:

- CA with excellent academic record with 15 years of experience in financial operations in related field with Strong Communication, Analytical & Interpersonal skills.

- Should be well versed with Companies Act 2013 and other rules regulation of banks/financial institutions.

- Working knowledge of Corporate and Taxation laws as well.

- Should have headed finance & Accounts department of organization with 5000 cr turnover.

COMPETENCIES:

- Accountability: Takes initiative to accomplish what he/she has been set up for and looks at his current role like an owner; Is receptive to new ideas that help in achieving his goals; Understands the key business vectors of his department/business Revenue, Customer, Process; Looks at the current business with a lens of P&L and value creation for stakeholders.

- Communication: Makes sure that all verbal and written communication that goes out from his/her desk is responsible and prompt; Communicates decisions and policies of the management in a manner that ensures understanding and acceptance; Facilitates meetings effectively and drives agendas with clarity and purpose; Is a keen Listener and builds an Empathetic department open to perspectives and ideas of others.

- Collaboration: Identifies new collaborative partnerships of key industry stakeholders, cultivating win-win relationships and building coalitions that help advance organizations mandate (or apprises management to do the same); Draws on own and others internal and external networks to help ensure buy-in and ownership; Seeks and influences new relationships outside own unit to drive department/ business agenda.

- Enable the environment to nurture reciprocity & Trust to achieve shared goals.

- Innovation: Encourages and promotes exploration of new ideas and creative thinking in self and others; Encourages creativity which impacts value creation for stakeholders by highlighting benefit of innovation& change on overall performance of the organization.

- Building Effective Teams: Cascades challenging yet achievable objectives down the line.

- Delegates and empowers next line of managers/executives; Implements performance related initiatives; Champions transparency and promotes talents; Manages Conflict by helping others through emotional or tense situations, tactfully brings disagreements into the open, and define solutions that everyone can endorse this he/she does by building Consensus.

- Planning & Execution: Setting Goals for Self and also for Department/ Function; Establishes planning mechanisms that can respond to any unforeseen or disruptive events; Drives operating discipline & rigor.

- Leading Change: Is aligned with the management on Change initiatives and becomes Change Agent by being an active participant; Ensures acceptance of change down the line by being an ardent supporter and explains the need for the same; Is able to quickly prioritize according to the change and focus on the critical few for accomplishing a goal.

- Decision Making: Understands in depth the relevant information and alternatives before taking a decision; Takes timely decision and do not linger on the same; Understand the difference between decisions that require more deliberation and those that require quick summary analyses; Takes stakeholders into confidence while making critical decisions; Displays the ability to make and stand by difficult decisions for the benefit of the team / work unit.


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Posted by

Job Views:  
44
Applications:  31
Recruiter Actions:  0

Job Code

1652796

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