Job Purpose:
- Responsible for overall Financial Governance and Reporting of MGN India.
- To ensure adherence to company policies and procedures.
- Responsible to manage all statutory compliances which are critical and can impact the company.
- Responsible for managing and execution of Planning and control at MGN India.
- Oversee the Company Secretarial Function for MGN India (1900+ Resources), for Tax, Transfer pricing, Finance, Governance, Board meeting, AGMs, and Banking. Also responsible for periodic update of the Statutory audits and financial accounts of the company, as per local laws.
- Drive process improvements, increased efficiencies, support towards organizational strategic goals and handle leadership team at MGN India.
Key Result Areas:
- Timely book closure, preparation and finalization of Financial Statements.
- Review Payroll register and process payroll
- Manage the Cash Flow of the MGN and optimize the use of Liquid assets to ensure for higher return.
- Update and implement an appropriate system of policies, internal controls, accounting standards and procedures and as required by various statutes
- Handle Statutory audits, Internal Audits and Group Audits for timely completion
- Liaise with external accounting partner vendors, and manage their deliverables
- Provide leadership support in tax matters, drive tax planning and ensure to comply with tax regulations Income Tax, Transfer Pricing, GST, Central Excise and Customs
- Compliances of various regulations relating to STPI / RBI / FEMA.
- Update management of the changes in various laws and taxes applicable.
- Plan Prepare and Conduct Board meeting & General Meetings and comply with Companies Act.
- Plan, coordinate and execute the annual budgeting and forecasting exercise
- Develop appropriate key performance indicators to monitor and drive the financial performance
- Continuously looking at improvement in metrics, SLA by process improvements and automation
- Assess, record, monitor and control various operating financial and regulatory Risks
- Participate in various committees, forums, discussions involving financial matters.
- Provide Financial analysis on adhoc basis if required.
- Build relationship with Business and Functional heads, to adopt agility, and support.
- Build a strong and efficient FA team to provide robust business support for current operations and future scale-up
- Mentor and develop finance team using supportive and collaborative approach; assign accountabilities, set objectives, establish priorities, and monitor and evaluate results
- Support, Identify, formulate, execute and monitor cost reduction opportunities and initiatives
- Being a key factor in driving the transformation towards full digitalization and AI within Finance (including coming up and implementing new solutions).
Operating Environment, Framework and Boundaries, Working Relationships
- Interact with internal employees, external partners, vendors and other related parties.
- Interact with HR for submission of Head count related information to PMAD.
- Ensure that the management is informed of all risks, issues and their status
- Adhere to banks operational risk policy
Problem Solving:
- Prioritize tasks within job function, balancing the need to meet tight deadlines and other Organizational demands.
- Execution and analytical capabilities to suggest ways to improve operations.
- Deploy internal controls as risk mitigant measures.
- Full compliance with the accounting policies and procedures
Knowledge, Skills and Experience :
- Fluent in English
- A qualified Finance professional with over 15+ years of experience having sound analytical skills and knowledge of Finance Analysis, Planning, Accounting and Management Accounting.
- Experience and knowledge of banking products dynamics, procedures, and related accounting. Taxation, Governance & Indian Company & Tax laws.
- Excellent strong inter-personal, communication, Organizational and presentation skills required to interact with and provide information to Country Group Head for strategic business decision.
- Sound knowledge of financial analysis, planning, accounting, and performance management, with high analytical skills to transform data into meaningful information for decision making.
- Self-motivated and dynamic thinking, creative and committed to success.
- Effective leadership and team management skills.
- Project management skills to coordinate and deliver on critical projects.
- Experience in working with external management consultants.
- Must be able to work under pressure and within short / challenging deadlines.