Principal - Financial Risk & Compliance - CA

Principal - Financial Risk & Compliance

Roles and Responsibilities:

Financial Reporting:

- Overall review of books of accounts on regular basis, to ensure they are error free and complete.

- Prepare accurate and timely MIS, financial statements, including balance sheets, income statements, and cash flow statements and other reports for the review of the management.

- Implement internal controls and standard operating procedures (SOPs) for the finance department and ensuring adherence by other operational departments.

- Ensure compliance with Indian Accounting Standards and other regulatory requirements.

- Analyze financial data to provide insights into cost control, revenue enhancement, and profit optimization.

- Preparation, review, and ensuring filling of tax returns - GST/TDS.

- Liaising with auditor and assist in the audit process by providing information and data as requested.

- Create efficient and effective methods for tracking financial data.

- Can be added advantage if the candidate knows the accounting knowledge of sales made through E-commerce marketplace like amazon, flipkart, etc.

Business Development:

- Identify and pursue new business opportunities in the field of financial due diligence for domestic transactions.

- Build and maintain relationships with key clients, industry contacts, and potential business partners to generate leads and referrals.

- Participate in networking events, conferences, and industry forums to enhance the firm's visibility and identify potential clients.

- Collaborate with the firm's marketing and business development teams to develop and implement strategies to promote services, generate leads, and win new projects.

- Prepare and deliver compelling presentations and proposals to prospective clients, showcasing the firm's expertise and value proposition.

- Stay updated on market trends, industry developments, and competitor activities to identify new opportunities and maintain a competitive edge.

Team Leadership and Development:

- Manage and mentor a team of financial due diligence professionals, providing guidance, training, and feedback.

- Oversee the work of the team members, ensuring high-quality deliverables, adherence to timelines, and effective collaboration.

- Foster a positive and inclusive work environment, promoting teamwork, knowledge sharing, and professional development.

- Conduct performance evaluations, set goals, and provide career development support to team members.

Reports and Recommendations:

- Prepare clear, concise, and insightful reports summarizing the findings of the financial due diligence process.

- Communicate complex financial concepts and findings to clients and other stakeholders in a clear and understandable manner.

- Provide strategic recommendations to clients based on the identified risks, opportunities, and financial impact of the transaction.

- Collaborate with the client's senior management and other advisors to develop post-transaction integration plans.

Thought Leadership and Continuous Improvement:

- Stay abreast of the latest industry trends, regulatory changes, and best practices related to financial due diligence.

- Contribute to the development of methodologies, tools, and thought leadership materials to enhance the firm's financial due diligence capabilities.

- Share knowledge and insights with colleagues, actively participating in internal training sessions and knowledge-sharing initiatives.

Required Skills:

- Chartered Accountant with 15 plus years' post qualification experience and bachelor's degree in business, marketing, or a related field.

- Proven experience in business development, sales, or a similar role.

- Ability to work independently and as part of a team.

- Results-driven with a focus on meeting and exceeding targets.

- Sound knowledge in prevailing accounting software and power point presentation.

- Sound decision making skills based on accurate and timely analyses.

- Good time management and able to solve problems.

- Good interpersonal communication and leadership skills, with the ability to communicate and manage staff at all levels.