Head of Finance & Accounts

5 - 10 years

5 - 10 Lacs

Posted:15 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Head of Finance & Accounts

Roles & Responsibilities:

  • Strategic Financial Leadership

    : Assist the leadership team with policy and strategy decisions. Define the future structure of Finance and Accounting for the company.
  • Fiscal Oversight & Planning

    : Oversee all fiscal activities, including budgeting and financial planning. Develop and implement systems for collecting, analyzing, verifying, and reporting financial information.
  • Compliance & Risk Management

    : Review and supervise to ensure legal and regulatory documents are filed and monitor compliance with laws and regulations. Identify and address financial risks and opportunities. Avoid legal challenges by understanding current and proposed legislation, enforcing accounting regulations, and recommending new procedures.
  • Accounting Operations & Control

    : Maintain accounting controls by establishing a chart of accounts and defining accounting policies and procedures. Achieve accounting operational objectives by preparing and completing action plans, implementing standards, resolving problems, and identifying trends for system improvements.
  • Financial Analysis & Reporting

    : Review Sales/Operations/Supply Chain finance activities and collaborate with multi-function teams on interdependencies. Review financial reports to identify ways to reduce and optimize costs. Prepare quarterly financial reports and manage cash flow. Responsible for

    MIS

    for Revenue,

    EBIDTA

    , margin, and overhead cost, including variance analysis. Responsible for end-to-end reconciliation of intercompany transactions and balances monthly.
  • Stakeholder Interaction

    : Interact and discuss business and compliance-related matters with customers and external vendors/consultants.
  • Team Management

    : Manage accounting staff to achieve financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, and analyzing variances.

Skills Required

  • CA

    with 5-8 years of experience.
  • Strong experience in

    Commercial Finance

    and

    Financial Analysis

    .
  • Experience managing

    P&L

    (Profit & Loss) and a robust understanding of budgets.
  • Excellent organizational skills, with the ability to plan and execute work efficiently.
  • Excellent

    Microsoft Office

    skills.
  • Experience in working with

    ERP software

    .
  • Experience in a startup environment is an added advantage.
  • Strong networking abilities.

QUALIFICATION:

  • Chartered Accountant (CA)

    certification is mandatory.

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