About the Company :  Our client is a tier one Music Instruments and Pro Audio eCommerce company, Looking for Head - Finance to lead the organization through its next phase of rapid growth and development of Musical Instruments, Services, and Digital assets.  The company is recognized as a leader in its field, with a very strong brand that is recognized country-wide.   The company has over 100,000 fans on Facebook and is actively engaged with its customer base on social media. The company also has a rapidly growing audio consulting and events management business; and has grown at 100% each year over the last three years. We expect to continue this trajectory and grow profitably for the next several years before exploring options of public listing or other strategic options.  Job Description :  Position : Head - Finance  Organization Relationship   - Reports to : CEO  - Supervises : Finance & Accounts, Secretarial & Legal, Commercial Logistics  - Functional relationship with : All Functional Heads  Responsibilities :  i. Strategic Financial Planning  - Evaluating business plans and strategies for maximizing profitability, revenue generation & realize organizational goals, Risk analysis for business, management discussion and analysis, financial presentations.  - Managing finance functions like determining financial objectives, designing & implementing systems, policies and procedures to facilitate internal financial controls.  ii. Finance & Audit :  - Instrumental in exercising strict budgetary controls over expenditure incurred and detailing the explanation of the expenditure variance reports (Actual vs. Budgeted Expenses) and thus facilitating decision making process  - Advise and supervise finance functions including determining financial objectives, designing and implementing Systems, Policies & Procedures to facilitate internal financial control  - Play pivotal role in evaluation of financial position of the organization by computation of relevant ratios and capitalization of assets for daily operations  - Key role in acquisitions, mergers take-over and joint ventures  - Performing analytical review of financial statements, Fund raising, Working capital management.  - Coordinate with Internal and Statutory Auditors for conducting periodic audits; evaluate Internal Control Systems to identify the flaws and implement necessary processes to overcome the defects in the existing system  iii. Taxation / Statutory Compliance :  - Tax planning, Interfacing with taxation authorities for timely filing of TDS, GST and income tax assessments and filing of various forms, returns etc. required under various statutes.  - Ensuring adherence to Companies Act and preparation of annual returns & forms. Ensuring regulatory compliances, payments of license fee, revenue share,GST, withholding taxes etc.  - Handling finalization of annual statement of accounts  iv. Fund Sourcing & Budgetary Control :  - Liaising and negotiating with banks for raising fund and non-fund based facilities to finance capacity expansion projects, working capital.  - Co-ordination with of Banks, Financial Institutions on matters of Corporate Finance, Working Capital Requirements, Term Loans and L/C matters, Lease and Hire Purchase Finance, Bank Guarantee Limits  - Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.  - Meticulously scrutinize projects to determine the financial benefits/ implications attached and examined the financial viability of project proposals to select profitable ones  - Review business proposals and forward it to financial institutions for procuring funds in cost effective manner  - Negotiate/ liaise with the banks & financial institutions for raising fund and non-fund based facilities at favorable terms to meet working capital requirements  v. MIS :  - Supervising the preparation of MIS reports on financial performance viz., preparation of Monthly Profitability Statements - Income / Expenses, product-wise sales analysis, revenue expenses - comparative analysis, debtor/creditor ageing analysis, formulating operating budgets and conducting variance analysis & cash flow analysis.  - Monitoring the movement of key business indicators and facilitate decision-making process.  - Preparing financial reports to determine the financial viability, projecting cash flow and growth opportunities while preparing projected financial statements.  - Reconciliation of Inventory, Purchase and Sales  This is a broader scope of work, however, the Investors & Directors reserves the right to add, change, alter and reassign any other area of work to you, according to the needs and exigencies of work.  Academic Qualification & Experience :  - Professional, qualified accountant - CPA, CA,CFA or similar  - Proven track record in Finance & Accounts at multiple levels, for minimum of 10 years, at least 5 of which should be at a senior level.  Knowledge of :  - Reporting systems and MIS  - Accounting Standards & GAAP  - Legal & Statutory compliance  - Automation process /IT  - Exposure to ERP  - Strong commercial acumen

Mumbai

Head - Finance - CA/CPA/CFA - Online Music Instruments     

Head - Finance - CA/CPA/CFA - Online Music Instruments      ,Job Description for Head - Finance - CA/CPA/CFA - Online Music Instruments      in Transcend HR Solutions in  Mumbai for (10-15) years of experience. Apply Now!

Job Description for Head - Finance - CA/CPA/CFA - Online Music Instruments      in Transcend HR Solutions in  Mumbai for (10-15) years of experience. Apply Now!