The purpose of this role is to provide leadership and strategic direction to the company's finance & accounting function and develop and deploy corporate financial policy in line with the strategy of the organization.

Provide strategic direction and insights to organization as a member of the top management team

- Provide objective and analytical insights on financial impact and soundness of business decisions to the top management

- Provide active support in developing organizational strategies by contributing financial & accounting information, analysis, recommendations

- Part of strategy formulation team to drive short, medium and long term business strategy

- Establish finance and accounts function objectives in line with organizational priorities

Provide valuable inputs in the budget planning activity and prepare apportionment guidelines for the organization

- Oversee the framework and preparation of annual business plans and budgets, prepared by the corporate planning team

- Prepare apportionment guidelines and revise them as and when required in coordination with Head Corporate Planning and Budgeting

- Communicate financial targets for business plan/rolling estimates to key stakeholders in the organisation

- Oversee preparation of trend analyses/ reports on financial results, costs, revenues, cost income ratio to give clarity on the financial health of the business to top management and Board of Directors

- Advise department heads on variance analysis and corrective mechanisms

Ensure efficient & effective management of the company's finances through all necessary financial controls, systems, and processes

- Establish and review mechanism and internal procedures for ensuring accuracy and integrity of the company's financial records

- Monitor the overall cash flow responsibilities ensuring timely availability of funds by obtaining necessary approvals

- Oversee financial and accounting system controls and standards and ensures timely financial and variance reports

- Ensure appropriate financial control mechanisms to minimise business risk

- Ensure all legal and statutory compliances of all processes & accounting practices

- Develop and establish tax strategies and projects designed to minimize the organizations tax cost in consultation with business and the tax advisors

- Oversee insurance related responsibilities

Define the fiscal policies for the organization in a way that it complies with all statutory regulations

- Oversee internal audit function

- Approve the audit calendar and plan prepared by Head Audit

- Support Head Audit in conducting an audit to ensure adherence to the laid down procedures and ensure accuracy

- Guide Head Audit in managing relationships with external auditors

- Approve all the CAPEX related decisions

- Create an authorization matrix for the organization

- Provide assistance on the commercial negotiations for large-scale contracts that the company would get into

- Select auditing agencies and establish SLAs as and when required

- Perform the role of a people manager for the department

- Manage and support recruitment, set KRA's for direct reports, monitor overall department KRA's, conduct performance appraisal

- Oversee staff deployment and drive motivation levels of the team, monitor staff welfare and facilitate complaint resolution, manage efficiency levels and drive timely delivery of all operational targets

Key Interactions:

Internal :CEO

- Provide advice on key finance and business related decisions

- Board or Directors/committee

- Advice on various issues

- Sales and Project Heads

- For projections and actual details

- Factory Heads

- Information related to supply

External : Auditors, Financial institutions

- Solicitation for various services

- Fund management

- Vendors and Dealers

- Negotiations and closure of deals

- Government Bodies and Ministry of Broadcasting

- Liasoning for legal and regulatory matters

- Peers in the Industry

- Developing and sharing industry knowledge

Qualifications and Technical Skills

A combination of 2 of the 3 qualifications is preferred:-

- MBA Finance or CA and CS

- Excellent knowledge of accounting standards and financial policies, procedures and systems

Overall and Specific Experience

- 5-8 years of experience of working for medium-to-large sized organizations

- Must have worked closely with CEO/ top management team

Key Behavioural Attributes :

- Strategic Perspective

- Analytical Ability

- Leading and Developing Others

Candidates from Tier 1 and Tier 2 institutes can apply.

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