Associate Director of Finance

Job Description: Associate Director of Finance Position Overview We are seeking a highly accomplished Associate Director of Finance to join our leadership team in Pune. This strategic role requires a seasoned finance professional with extensive experience in the ITES/IT industry, managing complex financial operations for large-scale organizations. The successful candidate will drive financial excellence, strategic planning, and business growth through advanced financial modeling, compliance management, and cross-functional leadership. Key Responsibilities Strategic Financial Leadership Lead comprehensive financial planning and analysis for multi-million dollar revenue streams across various business units Drive strategic financial initiatives including mergers, acquisitions, joint ventures, and business expansion projects Partner with senior leadership to develop long-term financial strategies and business transformation roadmaps Oversee financial risk management and implement robust internal controls and governance frameworks Champion financial digitization and automation initiatives to enhance operational efficiency Financial Planning & Analysis Develop sophisticated financial models for ROI projections, scenario planning, and investment decision-making Lead annual budgeting and forecasting processes with detailed variance analysis and performance tracking Create comprehensive management reporting including executive dashboards, KPI analysis, and business intelligence Conduct advanced financial analysis for pricing strategies, profitability optimization, and cost management Drive capital allocation decisions and evaluate investment opportunities across technology and infrastructure Compliance & Regulatory Management Ensure adherence to Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS) Manage complex taxation compliance including GST, TDS, international taxation, and transfer pricing Oversee statutory audits and coordinate with external auditors, tax consultants, and regulatory bodies Implement GAAP compliance and ensure accurate financial reporting across all business entities Lead SOX compliance initiatives and maintain robust internal audit functions Treasury & Cash Management Optimize cash flow management and working capital across multiple currencies and geographies Manage banking relationships and negotiate credit facilities, foreign exchange hedging, and treasury operations Oversee accounts receivable and payable functions with focus on DSO optimization and vendor management Lead financial consolidation processes for subsidiary companies and international operations Team Leadership & Development Lead and mentor finance teams of 20+ professionals across multiple functions and locations Drive performance management and talent development initiatives within the finance organization Foster cross-functional collaboration with HR, Operations, Technology, and Sales teams Champion finance transformation through process improvement and best practice implementation Required Qualifications Experience & Background 15+ years of progressive finance experience in ITES/IT industry with minimum 5 years in senior leadership roles Proven track record of managing financial operations for organizations with 1000+ employees Deep expertise in managing P&L responsibility for revenue streams of ₹500+ Crores Experience with international operations and multi-currency financial management Background in financial transformation and ERP implementation projects Technical Expertise Mastery of Indian financial standards including Ind AS, Companies Act 2013, and SEBI regulations Advanced proficiency in taxation including direct tax, indirect tax, international taxation, and transfer pricing Expert knowledge of GAAP (US GAAP/IFRS) with experience in dual reporting requirements Sophisticated financial modeling skills with expertise in ROI analysis, NPV calculations, and scenario planning Proficiency in financial systems including SAP, Oracle, advanced Excel, and business intelligence tools Leadership & Analytical Skills Strategic thinking capability with ability to translate complex financial data into actionable business insights Executive presence with strong communication skills for board and investor presentations Project management expertise with experience leading large-scale financial initiatives Risk management acumen with understanding of financial controls and governance frameworks Change management skills with ability to drive organizational transformation Industry Knowledge Deep understanding of ITES/IT business models including software development, product engineering, and digital services Knowledge of revenue recognition principles for software and technology services Understanding of global delivery models and offshore-onshore cost structures Familiarity with technology investments and R&D cost management Experience with client contract negotiations and commercial terms evaluation Preferred Qualifications CA/CPA/CMA or equivalent professional accounting certification MBA in Finance from premier business school Industry certifications in risk management, treasury, or financial planning International assignment experience or exposure to global financial operations Experience with IPO preparation or public company financial reporting Knowledge of emerging technologies impact on financial operations (AI, blockchain, automation) Key Performance Indicators Financial accuracy and compliance with zero material audit findings ROI improvement through strategic financial initiatives and cost optimization Process efficiency gains measured through automation and digitization metrics Team development success through talent retention and capability building Stakeholder satisfaction from business partners and external auditors What We Offer Competitive compensation package up to ₹60 LPA with performance-based incentives Comprehensive benefits including premium health coverage, life insurance, and retirement plans Professional development opportunities including executive education and industry conferences Leadership platform to drive financial excellence and business transformation Flexible work arrangements with focus on results and work-life balance Growth opportunities within expanding organization and potential international assignments Location Pune, Maharashtra (Hybrid work model with flexibility for business travel) Reporting Structure This position reports directly to the Chief Financial Officer/Finance Director and leads finance teams including Financial Planning & Analysis, Accounting, Treasury, Tax, and Financial Reporting functions. Travel Requirements Domestic travel : 20-25% for business meetings, audits, and subsidiary visits International travel : Occasional for global operations and stakeholder meetings. Show more Show less