Role : Head of Finance & Accounts
Location : Mumbai
Who are we?
Design Qandy delivers personalized luxury interior and furniture design to India's discerning homeowners and corporates. Led by prolific, seasoned luxury brand builders, internationally trained designers, world-class professionals and passionate, steadfast teams of turnkey project execution specialists. We seek excellence in design and are committed to bringing back trust and excitement in the design process.
To know more about us, visit www.designqandy.com and are a lean team of high performing go-getters who take ownership of their roles in the organization.
Debates and discussions are an important part of our culture and we encourage people to bring unique perspectives to the conversations.
Most importantly, we love solving problems. If you think you're cut out from a similar cloth, we'd encourage you to apply for this role.
What would you be required to do?
- Assist the leadership team with decision making about policy and strategy.
- Oversee the company's fiscal activities including budgeting and financial planning.
- Review and supervise to ensure the legal and regulatory documents are filed and monitor compliance with laws and regulations.
- Identify and address financial risks and opportunities for the company.
- Define the future structure of Finance and Accounting for Design Qandy.
- Maintain accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
- Review Sales / Operations / Supply Chain finance activities and work with multi-function teams (Sales, Marketing, Operations and Supply Chain) on inter dependencies.
- Review financial reports for ways to reduce and optimize costs.
- Interactions and discussions with customers and external vendors / consultants on business and compliance related matters.
- Establish financial status by developing and implementing systems for collecting, analysing, verifying, and reporting financial information, and managing accounting staff.
- Achieve accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and customer-service standards; resolving problems; completing audits; identifying trends; determining system improvements, and implementing change.
- Planning, budgeting and financial forecasting. Prepare quarterly financial reports. Manage the cash flow and supervise over the financial transactions within and outside the company.
- Meet accounting financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analysing variances, and initiating corrective actions.
- Checking the Bills to comply with local stipulations of finance, tax and relevant legal provisions
- Confirm financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; and preparing special reports.
- Avoid legal challenges by understanding current and proposed legislation, enforcing accounting regulations, and recommending new procedures.
- Responsible for Preparation of MIS reporting for Revenue, EBIDTA, margin, overhead cost, also responsible for variance analysis with Previous reported data.
- Responsible for End-to-End reconciliation of Intercompany transaction and balances CA with 10+ years of experience
- Strong background in Commercial Finance, Financial Planning & Analysis (FP&A), and P&L management
- Deep knowledge of budgeting, forecasting, financial controls, and variance analysis.
- Excellent organization skills : ability to plan and organize work so that it is efficient and effective
- Experience of working with ERP systems and strong proficiency in Microsoft Excel and other financial tools.
- Prior experience in a startup or high-growth company is a strong advantage.
- Excellent interpersonal skills and the ability to network and collaborate across departments and external stakeholders.
Add on experience (Good to Have) :
Proven track record in fundraising with active involvement in investor relations, pitch preparation, due diligence, and financial modelling.Hands-on experience in board and investor reporting and communicating financial performance to external stakeholders.ref : iimjobs.com)