Head - Finance/MIS - Retail/Healthcare

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

Qualifications:

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

Responsibilities:

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.