Head of Finance

Job Title: Head of Finance

Location: Pune

Qualification: CA

Years of Experience: 15-18 years

Technical Skills Required:

• Demonstrated ability to lead and manage teams effectively.

• Proven track record in budget management.

• Expertise in Financial Controlling, ensuring financial stability and compliance.

• Profound accounting proficiency, including experience in closing books and finalizing accounts.

• Extensive background in Business Finance, contributing to strategic financial decisions.

• Proficiency in one specialized area (e.g., Accounting) with a solid understanding of related fields (e.g., Business Finance and Control) to proficiently guide the finance function.

• Exceptional analytical and problem-solving skills, adept at swiftly addressing business and interpersonal challenges independently, streamlining complex tasks, and enhancing efficiency.

• In-depth familiarity with Acts, Regulations, and Standards pertaining to financial and management accounting.

• Proven experience collaborating with Big 4 firms for the successful completion of statutory audits.

Behavioral Attributes:

• Should be a self-starter, taking the initiative to drive financial initiatives and improvements.

• Must take ownership of financial outcomes and responsibilities.

• Should be open to new ideas, technologies, best practices in the finance field, and continuously seek to improve the finance function.

Role and Responsibilities:

• Manage and lead a team of finance professionals, fostering a collaborative and high-performing work environment.

• Provide guidance and mentorship to team members to help them grow and develop.

• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement.

• Must oversee the company's accounting processes, ensuring accuracy and compliance with relevant financial regulations and standards.

• Manage financial reporting, including the preparation of financial statements and annual audits.

• Develop and implement internal controls to safeguard company assets.

• Collaborate with other departments to create and manage the company's financial strategy and budgets.

• Provide financial insights and analysis to support business decision-making.

• Monitor and analyze key performance indicators (KPIs) to identify trends and opportunities for improvement.

• Implement financial controls and risk management strategies to protect the company's financial health.

• Identify and mitigate financial risks and uncertainties.

• Ensure compliance with internal policies and procedures.

• Preparing the monthly Profit Loss Statement and Balance Sheet of the company together with reconciliation of all Balance Sheet Accounts monthly. • Preparation of annual budgets and quarterly.

• Should work effectively with teams across various levels and departments to achieve common financial goals.

• Must be willing to roll up sleeves and get involved in financial processes when needed.

• Should approach the role with humility and respect for others, regardless of their position within the organization.

• Must exhibit stability and commitment to the organization's long-term financial goals. forecast revision of the financial projections.

• Direct responsibility and supervision of the Accounts Payable, Payroll, Finance, Treasury management & Tax filings, ESOPs.

• Set the overall strategy of the organization regarding accounting policies, technical accounting, IT tools, financial operations, and Treasury.

• Manage and reduce costs on standard offerings, assets, technologies, licenses, facilities, subcontractors (where required).

• Participate in the development of standard costing of new services/contracts.

• Ensure compliance with all relevant financial regulations and standards, such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

• Implement and manage financial systems and technology to streamline financial processes and reporting.