Vice President - Finance & Accounts

Job Description

Job Location: BhayandarWorkinghours: 1:00 PM to 10:00 PMMinimum Qualifications: Education: CA/CS or equivalent qualification Experience: 10 to 15 years of relevant experience in financial managementTools Proficiency
• Tally: Accounting and inventory management software
• Goods and Services Tax Network: GST compliance and filing portal
• MCA: Compliance and filing portal for companies
• MS Excel: Proficient with Microsoft Excel
Desired Qualifications:Education: MBABPO ExperienceUS Banking and vendor experienceFlexibility to attend calls aligned with US hours, as neededKey AccountabilitiesBudgeting, Forecasting, FP&A, and Financial Reporting
• Lead the annual budgeting process, ensuring alignment with corporate objectives and financial strategies
• Conduct monthly forecasting of revenue and expenses, analysing variances and implementing corrective measures
• Prepare and analyse financial reports, including customer and business unit profitability assessments
• Circulate departmental budgets to business unit heads, monitor adherence, and ensure financial accountability
Internal Audit and Compliance
• Oversee internal audit processes, ensuring robust financial governance and risk management
• Ensure compliance with financial reporting deadlines, regulatory requirements, and internal control frameworks
• Implement financial policies, enforce adherence to controls, and manage U.S. licensing and regulatory compliance
Asset Management and Insurance
• Maintain a comprehensive Fixed Asset Management system to safeguard company assets
• Document and enforce finance policies, ensuring compliance with security and regulatory standards
• Manage insurance plans to mitigate risks and align with customer and business requirements
Accounts Receivable, Accounts Payable, Closing of Books, and Financial Close
• Oversee accounts receivable and payable to ensure efficient cash flow and working capital management
• Supervise tax filings, including Income Tax, RBI, TDS, and other statutory returns
• Ensure timely and accurate closing of the books each period, including month-end and year-end processes
Cost Control and Statutory Compliance
• Develop and implement cost control measures to enhance operational efficiency and financial performance
• Ensure compliance with statutory payroll deductions (e.g., PPF, ESIC, Professional Tax, TDS) and other financial obligations
• Experience in automating finance processes
• Knowledge of commercial Insurance
Cost Management, Procurement, and Treasury Operations
• Provide cost analysis for new business prospects and financial decision-making
• Collaborate with legal teams to finalize agreements, including Shareholder Agreements and client contracts
• Negotiate with banks for maintaining credit facilities and securing new funding
• Manage vendor agreements, including AMCs, transportation, and asset insurance contracts
• Supervise treasury operations, including global payments, foreign exchange risk management, and capital allocation
• Oversee financial transactions and regulatory compliance for the U.S. liaison office
Core Competencies: Leadership:
• Proven ability to lead, motivate, and develop high-performing finance teams
• Strong understanding of organizational goals and ability to align finance teams objectives accordingly
• Excellent people management skills, with ability to empower team members and foster a collaborative work environment
Communication:
• Excellent verbal and written communication skills, with ability to articulate complex financial concepts to non-financial stakeholders
• Strong interpersonal skills, with ability to build and maintain relationships with stakeholders at all levels
• Ability to communicate financial results, trends, and insights to inform business decisions
Strategic Thinking:
• Capability to develop and implement comprehensive financial strategies that support organizational objectives
• Strong understanding of market trends, competitor analysis, and industry developments
• Ability to think critically and creatively, with a focus on driving business growth and improvement
Problem-Solving:
• Proven ability to identify, analyze, and solve complex financial issues
• Strong analytical skills, with ability to interpret financial data and identify trends
• Ability to think critically and creatively, with a focus on finding innovative solutions to financial challenges
Integrity:
• High ethical standards, with commitment to maintaining financial integrity and compliance
• Strong understanding of financial regulations and standards, with ability to ensure organizational compliance
Stakeholder Management:
• High ethical standards, with commitment to maintaining financial integrity and compliance
• Ability to maintain confidentiality and handle sensitive financial information with discretion
Added Advantage:
• STPI/EDPMS compliances knowledge
• M&A activities & Restructuring of group companies
• Knowledge of Legal and Secretarial

Keyskills :
finance controlcost managementbudgetingtax complianceforecastingaudit compliancetreasury operationsaccounts payableaccounts receivable