30/07 Vasgi Dravid
Associate Consultant at Michael Page

Views:5661 Applications:350 Rec. Actions:Recruiter Actions:27

Head - Finance/MIS - Retail/Healthcare (8-12 yrs)

Mumbai Job Code: 726488

Candidates currently in a retail setup or healthcare chain set up with strong MIS experience would be ideal for the role.


CA / MBA Finance (Top tier institution)

The Finance Head shall be responsible for -

1. Acting as an advisor to the CEO on matters related to financial strategy

2. Leading the company's financial planning & analysis (FP&A/MIS) and budgeting functions

3. Maintaining tight control over finance & accounting function including commercials and compliance


1. Strategy and Advisory

- Be a key member of the senior management team and act as an advisor to the CEO on matters of financial strategy

- Provide strategic inputs to the CEO on target markets/customer segments, customer acquisition, cost optimization, etc. backed by analytics and data-driven insights

- Assist the CEO in formulating the long-term strategy for the business

- Proactively present new ideas and insights to the CEO and the Board

2. Financial Planning & Analysis / MIS

- Be the single-point, person-in-charge of business finance

- Put an MIS system in place and take complete ownership of it

- Achieve monthly closure of accounts by clinics

- Prepare detailed annual budgets

- Prepare and present the MIS to the CEO and the Board with detailed analysis and insights on key financial and operating metrics

- Present a comparison of actual performance with a budget, highlighting the reasons for variations

- Prepare a quarterly forecast P&L based on the actual performance

3. Control

3.1. Accounting

- Ensure accounting as per GAAP with monthly closure for all group companies (divided by clinics)

- Consolidation of accounts (with forex conversion for overseas subsidiaries as per GAAP)

- Ensure statutory and internal audits are completed smoothly and well before time

- Set-up strong SOPs, internal finance & operational controls, and automate manual controls

3.2. Finance

- Strong cash flow management by ensuring timely collections and payments and monitoring of and other working capital items

- Weekly monitoring of costs vis-- -vis budget and raise alarms when necessary

- Provide recommendations on investing surplus cash flows in high-yielding instruments

- Manage forex collections effectively and suggest hedging options

3.3. Commercial

- Procurement review and vendor management

- Review and validate commercial and legal contracts

- Review and take actions on office infrastructure, insurance, etc

3.4. Compliance

- Ensure complete, accurate, and strict compliance with direct taxes (corporate income tax, withholding tax / TDS, transfer pricing) and indirect taxes (GST) with timely payments, filings, and assessments

- Ensure complete, accurate, and strict legal compliance under corporate/secretarial laws, labour laws, healthcare regulations, etc. with timely payments, filings, etc.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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