Head Finance Accounting

Role & responsibilities

Head of Finance will be responsible for the financial management of the organization. Depending on the size of the company, the Head of Finance performs a wide range of responsibilities. These may include, but are not limited to:

• Managing the financial reporting for the organization. This includes monthly financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting
• Providing sound financial support and insights to enable the Management to take critical business decisions in a timely manner
• Presentation of financial results and insights to the Management
• Play a key role in the formulation of the business strategy
• Managing and overseeing the taxation affairs of the organization and liaising with the external tax firm for specialist advice
• Managing and overseeing the cash flow of the company & ensuring appropriate treasury controls
• Managing External Auditor relationship and ensuring the organization is compliant with accounting standards
• Managing and overseeing the company's banking and borrowing arrangements
• Managing and overseeing the companys financial systems
• Recruitment, training, mentoring and development of Team member
• Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
• Risk Management to ensure the business has a solid risk framework in place
• Overseeing commercial decision making from margin analysis, pricing analysis etc.
• Advising and implementing best practice methods to increase revenue and reduce costs

Key Aspects of the role

• Financial Budgeting, Forecasting & Reporting
• Balance sheet consolidation
• AR control, cashflow management, financial ratios
• Banking - cash credit limit, credit renewal
• Insurance matters, FEMA, INDAS
• Taxation - GST, Income Tax, direct & indirect taxes
• Must have exposure to ERP - SAP / Microsoft / Oracle
• Forex accounts management

Preferred candidate profile

• Strong skills in Financial Planning and Finance, including the ability to design and implement effective financial strategies.
• Proficiency in preparing and analyzing Financial Statements and developing insights from financial data.
• Exceptional Analytical Skills to interpret financial data and contribute to strategic decision-making.
• Expertise in Financial Reporting, ensuring compliance & accuracy in reports for stakeholders and regulatory bodies.
• Must be a qualified CA or CFA with minimum 15 years of experience. Experience of product-based organization would be preferred.
• Proven leadership experience in financial management roles.
• Excellent organizational, communication, and interpersonal skills.