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22/05 Suhel
Director at SandMartin Group of Companies

Views:1411 Applications:392 Rec. Actions:Recruiter Actions:0

SandMartin - Head - Finance & Accounts (10-12 yrs) Premium

Noida Job Code: 823762

Position : Head, Finance & Accounts

Location : Noida

Department : Finance & Accounts

Manager/IC Roles : Manager

Team size : 5

Job Summary :

- Contribute to the development of the organization strategy and business direction by leading finance strategy covering all aspects including banking, accounting & taxation, investment, business planning and risk management activities

Key Responsibilities :

1. Contribute to development of organization strategy :

- Assess competitive scenario and participate in setting of strategy & future direction for Sand Martin as part of the company's leadership team

- Articulate the strategy for the finance function that supports business strategy and incorporates leading practices

- Recommend necessary actions and plans to the management committee in order to ensure sustainable business performance & shareholder value

2. Budgeting and Expense Management:

- Drive the business planning & budgeting process by developing and deploying a framework for plans & budgets

- Provide assumptions & guidelines for budget preparations and oversee the budgeting process. Expense Reports Analysis & Presentation

- Review the financial aspect of operational decisions, such as marketing initiatives & proposals recommended for approval by Executive Management Committee

- Review pricing proposals & provide financial approval. Management of the Monthly Accounts Payable process

- Create authority matrix & monitor adherence to the same to ensure that budgeting process is robust and helps coordinate & control operations

3.Finance Operations Management :

- Selection & Implementation of an ERP and automation tools to improve the delivery of accounts and process automations

- Monthly finalization & presentation of Group/HO & branch accounts

- Ensure accurate & complete payroll processing and appropriate credit to all employees including timely deposit of statutory dues under labour laws (PF, ESI, TDS etc.)

- Identify performance improvement opportunities including cost reduction, etc. & oversee implementation

- Monitor adherence to finance & business control policies

- Monitor accounts receivable and cash flow including government benefits/refunds and capital efficiency ratios to ensure smooth functioning of financial operations

- Monitor banking requirements under FEMA, RBI, Refunds (service export incentives, SEIS), GST refunds, and other licenses against exports besides co-ordination with STPI, Banks etc.

- Responsible for general compliances under TDS, GST, Income Tax Hearings, Preparation and finalization of IT returns

- Responsible for general compliances under Company Law including statutory records maintenance and review of inter-company transactions/agreements etc.

- Regular fixed asset valuations for accuracy of financial reports

- Updated and complete SOPs in the areas of logistics, exports, billing of books

- Coordinate with Banks- especially, their Treasury function and maintenance & renewal of various limits (working capital, overdraft/VAR limits etc.)

4. MIS and Planning :

- Institute & maintain processes that would ensure integrity & timeliness of financial, cost & management accounting & reporting

- Oversee timely preparation of balance sheet, P&L statement & cash flows & their audits

- Keep abreast of financial & legislative changes that impact business

- Create & monitor performance dashboards from a financial perspective

- Collate annual & three-year plan and monitor timely sharing of financial information with MD in order to ensure compliance with finance & accounting standards & high degree of controllership in the company

5. Investment Management:

- Review performance (monthly) of SandMartin investments and enable maximum yields in investments, oversee administration of cash, retiral funds & banking operations

6. Risk Management :

- Assess & take steps to minimize risk in all areas - finance, operations & technology

- Oversee creation of assessment templates & processes

- Engage in dialogues with 'keeper of the risk' to take risk mitigation steps and look for leading indicators of possible risks

- Educate stake holders on managing risk, coordinate financial, operational & sales related audits

- Review internal audit observations & generate action plans with departmental heads & auditors

- Represent the organization on the audit committee of the board in order to ensure minimization of risks & compliance with audit requirements

7. Business Intelligence (BI) :

- Analyze and anticipate industry & market trends

- Provide market perspectives and trends to the MD and management team

8. Capacity and Infrastructure:

- Review business case for key stakeholders to build capacity and infrastructure in line with growing scale of operations and company's future requirements.

- Drive the synergized procurement model for the group, optimizing cost and enhancing service efficiencies

9. Human Capital Management :

- Support HR in employee motivation, competence building & retention initiatives

- Identify & develop leadership talent within the function and enable succession

- Guide & motivate team & set objectives in line with employee capabilities & organizational requirements

- Identify career developmental needs & take appropriate actions to build an engaged and skilled workforce to deliver quality work

Key Measures of Performance :

- Audit rating(s)- Maintain an ideal audit rating

- Operating expense - plan vs actual.

- Regulatory filings - Accuracy & TAT.

- MIS - Accuracy & TAT

- Updated SOPs

- Talent retention

Key Relationships (Internal / External) :

Internal :

- MD and Director

- Department Heads

- HR and Admin Team

External :

- Statutory authorities

- Auditors

- Banks and Lenders

Preferred Skill Set :

1. Technical:

- Experience in the KPO sector will be preferred.

- Advanced practitioner's knowledge of key financial parameters

- Multi-function experience within finance e.g. tax and accounts

- Preference will be given for experience in business planning (FP&A)

2. Key behavioural attributes required :

- Analytical approach to data analysis and problem solving. Should be comfortable with data and ability to interpret the same

- Influencing and negotiation with the objective of bringing about an alignment that creates a win-win

- Eye for detail in every activity and project. Meticulous attention to detail with intent of First Time Right.

Minimum Qualification : Preference for CA or MBA (Finance)

Minimum Experience : 10-12 years, of which the last 5 years should have been in a leadership role

Women-friendly workplace:

Maternity and Paternity Benefits

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