Vice President Accounts and Finance

8 - 12 years

0 Lacs

Posted:3 weeks ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Vice President - Finance and Accounts, your role will revolve around financial planning, reporting, compliance, risk management, cost efficiency, technology enablement, stakeholder management, and strategic partnerships to support business growth and financial sustainability. **Key Responsibilities:** - **Financial Planning and Analysis:** - Develop and implement financial planning processes such as budgeting, forecasting, and variance analysis to facilitate strategic decision-making and business growth. - Provide financial insights and recommendations to senior management by analyzing key performance indicators (KPIs), financial trends, and market dynamics. - Conduct scenario analysis and sensitivity testing to evaluate the financial impact of strategic initiatives, investments, and business decisions. - **Financial Reporting and Compliance:** - Oversee the preparation and presentation of accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and management reports as per regulatory requirements and accounting standards. - Ensure compliance with tax regulations, financial reporting standards, and internal control procedures by collaborating with auditors to address any compliance issues or audit findings. - Develop and uphold financial policies, procedures, and internal controls to safeguard company assets, mitigate financial risks, and ensure the integrity of financial data. - **Treasury and Cash Management:** - Manage cash flow forecasting, liquidity planning, and working capital management to optimize cash resources and support operational needs. - Monitor banking relationships, credit facilities, and cash balances to minimize financing costs, maximize investment returns, and mitigate liquidity risks. - **Financial Risk Management:** - Identify, assess, and mitigate financial risks such as currency risk, interest rate risk, credit risk, and market risk through hedging strategies, insurance, and risk management policies. - Develop and maintain a risk management framework to ensure proactive risk management across the organization. - **Cost Management and Efficiency:** - Analyze cost structures, cost drivers, and cost trends to identify opportunities for cost reduction, process improvement, and efficiency gains. - Implement cost control measures to optimize spending and improve profitability. - **Financial Systems and Technology:** - Evaluate, implement, and optimize financial systems, ERP systems, and accounting software to support financial operations and reporting requirements. - Leverage technology solutions to streamline financial processes, enhance decision-making, and improve productivity while ensuring data integrity and security. - **Stakeholder Management and Strategic Partnerships:** - Collaborate with internal stakeholders and external partners to align financial goals with business objectives and drive strategic initiatives. - Build and maintain relationships with investors, lenders, regulators, and financial institutions to support fundraising activities and maintain credibility in the financial community. This role requires a strategic thinker with strong financial acumen, leadership skills, and the ability to communicate effectively with both internal and external stakeholders.,

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