Job Description
In This Role, Your Responsibilities Will Be :
- You will be responsible for managing and controlling the financial reporting for one of our business units (both Statutory and Management accounts); overseeing the monthly, quarterly and annual accounts; managing labour compliances and supporting journal entries where required.
- You are responsible for compliance of all laws and regulations under the statute, managing Audits and Tax and will own the overall governance and controls for the BU / Entity under your purview.
- You will also be responsible reporting for statutory, regulatory and Management requirements and take such actions and measures as necessary to support the overall vigilance structure of the organization and management.
- You will also be responsible for ensuring correctness of data and analysis for forecast vs Actuals and supporting the Business team and India Business Unit Finance for Financial Planning and Analysis activities for the BU.
- You will also be responsible for driving the FPNA Activities including but not limited to POR, monthly or quarterly reviews, Working capital Management, Capex.
Key Responsibilities include (but not limited to) :
Financial reporting to Management and the Board of Directors of the Legal EntityStatutory compliances including Audits, Tax filings, Returns, as well as timely compliance with government regulationsThorough knowledge of Customs and FEMA procedures with hands-on experience dealing with IDPMS, EDPMS and Mercantile Trade Transactions (MTT)Ability to implement effective controls across all business processes, avoid adverse impact on revenue, profits, cashflow and ensure correct reporting of financial for management and statutory purposesHave good financial acumen to assess Orders, Sales, Profit and Cash Flow movements, track variances vs. plan, identify risk mitigation actions to achieve financial plans and lead FP&A activities for the business.Effectively communicate and adjust content / style to meet the needs of diverse stakeholdersInfluence critical decisions, drive cross functional collaboration and implement processes that enhance business efficiency and productivityAs part of the Management Team, recommend necessary course changes based on a good understanding and assessment of underlying trends and operational performanceBe resilient and be able to act quickly & decisively in constantly evolving situationsAnalyze multiple and diverse sources of information to define problems accurately before moving to solutions while having a good grasp of situational or group dynamicsFund Management, monitoring of Cashflows on periodic basis and communication with management teams for proper funds planning. Work and maintain relationship with Banking partners and central Treasury for all Business / Entity needs, including but not limited to timely processing of payments, issuance of bank guarantees, review of credit limits, etcWork closely with Business Unit and Customer for ensuring maximum collection and reduction in defaults or bad debts. Ensure strict adherence to collection and credit control policy of the Group. Review and assess the credit limits and utilization on periodic basis and provide management with details to ensure timely action. Implementing collection policies and procedures to avoid increase in past dues.Work closely with the sales team for valid payment terms pre / post orders.Maintain, report and discuss Asset performance dashboard and timely actions to keep it within budgetDrive efficiency improvement initiatives for reporting and adopt newer tools / technology to bring more productivity from finance teamGive career growth plans and drive those IDP programs within the team religiously to create strong bench strength. Encourage team for stretch assignments for newer learning and not limit to routine finance activities.Who You Are :
You quickly and decisively act in constantly evolving, unexpected situations. You adjust communication content and style to meet the needs of diverse partners. You always keep the end in sight; puts in extra effort to meet deadlines. You analyze multiple and diverse sources of information to define problems accurately before moving to solutions. You observe situational and group dynamics and select best-fit approach.
For This Role, You Will Need :
Chartered accountant (ACA) with at least 12 years of experience on the Controllership side and Progressive Business Finance and Plant financeMNC experience preferredAt least 3-5 years of experience leading a TeamWorking knowledge in ERP(preferably Oracle) and Tally with skills in adopting new technologies or applicationsAbility to work in a matrix organization with complex process, systems and toolsAbility to handle large volumes of data and create dynamic management reportsGreat teammate who builds and maintains positive relationships with Team membersAble to manage and schedule multiple priorities and meet deadlinesHigh Adaptability and Critical thinking to manage complex issuesAbility to manage diverse functional teamStrong and effective Communication skillsLead effectively the finance team through proper communication, support and guidanceWork collaboratively with Business and Sales team for smooth functioning of organization systems and processesCoordinate with external stakeholders including Customers / BanksEffective communication with Management Stakeholders for progress, concerns and reviewsPossess strong analytical skills.
Preferred Qualifications That Set You Apart :
Qualified Chartered Accountant with the relevant experience in Controlling, Reporting and FPNAAdvanced user of MS Office tools applications (Excel & PowerPoint)Preferably your experience will be within a Multinational Company.Ability to work with diversified IT systemsBe a gatekeeper for all matters of governance and control for the EntityYou will be able to build relationships at a Senior Leadership level and be able to present and communicate to a wide range of audiences.Your ethics will be of the highest standard and you will ensure full compliance with accurate statutory reporting.Skills Required
Audits, Statutory Compliance, tax filings , Financial Reporting