TAK Technologies - General Manager/Assistant General Manager - Finance & Accounts - CA

Job Description of Account & Finance Head

Key Responsibilities :

1. Financial Strategy and Planning :

- Develop and implement financial strategies that align with the organization's goals.

- Lead long-term financial planning, including forecasting, budgeting, and cash flow management.

- Provide financial insights and recommendations to support decision-making processes.

2. Financial Reporting and Analysis :

- Oversee the preparation of accurate financial statements, including profit and loss, balance sheet, and cash flow reports.

- Monitor financial performance by analyzing variances from the budget and providing explanations to senior management.

- Ensure timely and accurate monthly, quarterly, and annual financial reporting.

3. Budget Management :

- Lead the annual budget preparation process, including coordination with various departments.

- Monitor and manage department budgets, ensuring compliance with financial plans.

- Conduct periodic reviews of the budget to ensure financial objectives are being met.

4. Compliance and Risk Management :

- Ensure compliance with all local, state, and federal financial regulations and tax laws.

- Oversee audits and liaise with external auditors, ensuring that the company meets all audit requirements.

- Establish and enforce internal controls to safeguard the organization's assets and ensure financial integrity.

5. Team Leadership and Development :

- Lead and manage the finance and accounting team, including recruitment, training, and performance evaluations.

- Foster a collaborative and high-performance culture within the team.

- Provide mentorship and professional development opportunities for staff.

6. Cash Flow Management:

- Oversee cash management, ensuring sufficient liquidity for operational needs.

- Manage relationships with banks, financial institutions, and investors to support funding needs.

- Monitor and optimize the organization's working capital.

7. Cost Control and Profitability :

- Develop cost control measures and identify opportunities for cost reduction and efficiency improvements.

- Ensure that financial resources are used effectively to support the company's profitability.

8. Stakeholder Communication:

- Communicate financial information to senior leadership, stakeholders, and investors.

- Prepare financial presentations for board meetings and key decision-making forums.

- Work closely with other department heads to align financial goals with operational objectives.

9. Tax and Regulatory Compliance:

- Oversee tax planning and ensure timely filing of tax returns.

- Stay updated on changes in tax laws and accounting standards, ensuring compliance with relevant regulations.

10. Strategic Financial Initiatives:

- Lead financial due diligence for mergers, acquisitions, or new investment opportunities.

- Identify and pursue opportunities to improve the financial performance of the company.

Key Skills and Qualifications :

- Education: Bachelor's degree in accounting, Finance, Economics, or a related field; a master's degree or MBA (Regular from a well reputed university) is often preferred.

CA qualified

- Certifications: Professional certifications such as CPA (Certified Public Accountant), CMA (Certified Management Accountant), or CFA (Chartered Financial Analyst) are often required.

- Experience: At least 8-10 years of experience in finance or accounting, with at least 5 years in a managerial or leadership role.

Technical Skills :

- Expertise in financial management software and ERP systems (e.g., SAP, Oracle).

- Advanced knowledge of financial modeling, budgeting, and forecasting techniques.

- Strong understanding of accounting principles, tax regulations, and financial compliance.

Leadership Skills :

- Proven experience in leading and managing a finance team.

- Strong communication and interpersonal skills to interact with both internal and external stakeholders.

- Ability to work under pressure, prioritize tasks, and meet deadlines.

Personal Attributes :

- Strong analytical and problem-solving skills.

- Detail-oriented with a strategic mindset.

- High level of integrity and ethical standards.

- Ability to influence decision-making and drive results.

If interested, please call at 9891783123