Phoenix Agrifoods - Deputy Financial Controller - CA/ICWA

The primary purpose of this position is to manage and direct daily finance and accounting activities; ensuring that proper accounting and recording of company transactions are performed in an accurate and timely manner; and producing financial and other key reports for management. He/she will be creating and managing monthly/annual reports of the organizations to identify results, trends, and financial forecasts. Apart from this, the person will supervise and manage financial department staff, including accountants and financial assistance.

PERSON WITH Private Equity experience will be preferred

Strategic Planning

- Participating in the strategic planning exercise of the company

Budgeting

- Assist in preparation of capital & revenue budgets

- Consolidation of budgets for the group.

- Track spending vis-a-vis approved budgets

Accounting & Review

- Review Business Financial Performance with CEO, Business Unit Heads & CFO

- Preparation of the Financial Statements as per Local Regulation and IFRS (for the company and each of its subsidiaries and the consolidated statements)

- Accounting for Mergers and Acquisition and Disposal of Subsidiaries.

- Accounting for Investments in Associates (Not a Subsidiary) and assess the value of Investment and write-down the investment value, if needed

- Assist in Inventory Valuation and Debtors

- Tax Management at HQ & at Subsidiary level

Systems, Process & Control

- Laying down Standard Operating procedure for the Accounts function and Writing up SOP Manual and ensure adherence to SOP across Organization

- Standardizing Accounting Documents, preparation and Reporting of Financial Statements and ensure adherence to standardization across the organization

- Laying down KYC Procedure and ensure strict compliance before any new Customer or Suppliers is On Boarded

- Laying down the Credit Rating System, Assess Credit Worthiness and Approve Limit, in a case where Credit terms are requested

- Lay down Transfer pricing Mechanism to ensure adherence to Tax-Related Matters

STATUTORY MATTERS

- Liaise with Auditors and ensure timely completion of Audits

- Liaise with Tax Consultants with regard to Tax Matters in HQ and at Subsidiary level

- Liaise with the Tax Department with regard to GST / VAT matters

STAFF RELATED

- Recruitment, Performance Evaluation, and feedback and discuss Career growth based on performance

- Induction program for Staff before taking charge of their role

OTHERS

- Assess Jurisdiction issues with regard to Accounting & Tax-related issues before finalizing incorporation of a new outfit

- Move-in first and put in place Accounting Controls before startup commence operations

Education & Experience

- CA/ICWA with 5-8 yrs. experience

Private Equity Experience preferred

- Extensive knowledge about accounting and management principles and Accounts Payable procedures.

- Should have flair for finance and accounts.

- Working knowledge of Accounting Standards

COMPETENCIES REQUIRED:

Team Management & Collaboration: be a role model for teamwork, reward and encourage positive team play, within the department and with other departments. He/she will engage the team members, with open communication, regular feedback and promoting a culture of trust, honesty, and respect.

Communication: communicate effectively and in an appropriate manner, using the most suitable channel and tailoring the approach to the audience. He/she takes ownership to initiate communication. He/she shares information across the business in a timely manner to inform better decisions.

Personal effectiveness & Emotional intelligence: Self-awareness and self-control are a must. Able to establish mutually beneficial relationships with others. Meet deadlines and complete tasks and projects successfully.

Business orientation: Create an understanding amongst the team of how department performance impacts the business. Create action plans to improve performance when not meeting company requirement