Head Finance Account

Key Responsibilities

• Oversee all accounting operations, including general ledger maintenance, accounts payable, accounts receivable, and fixed assets accounting.
• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Maintain accurate records of all financial transactions and ensure adherence to company accounting policies.
• Ensure compliance with Indian Accounting Standards (Ind-AS) and other applicable statutory regulations (GST, TDS, etc.).
• Prepare and file all statutory financial reports and ensure timely submission of regulatory filings, including tax returns and other required reports.
• Coordinate with external auditors and ensure successful completion of statutory audits.
• Implement and enforce robust internal controls to safeguard company assets and ensure the integrity of financial reporting.
• Lead internal audits to identify potential financial risks and recommend corrective actions.
• Ensure compliance with internal financial policies and procedures, reviewing them periodically to ensure they meet current business needs and legal requirements.
• Lead and mentor the accounting team, providing guidance on best practices in accounting processes and encouraging professional development.
• Oversee recruitment, training, and performance management of the accounting staff to ensure a high level of accuracy and efficiency.
• Continuously review accounting processes and workflows to identify opportunities for automation and efficiency improvements.
• Work with IT and other departments to implement accounting software upgrades or new systems to streamline processes and improve reporting accuracy.
• Oversee month-end and year-end closing activities, including reconciliation of all balance sheet accounts, revenue and expense recognition, and adjustments.
• Ensure timely reconciliation of key accounts, including cash, inventory, intercompany accounts, and fixed assets.
• Provide accurate financial reports to senior management for decision-making purposes.
• Develop and present periodic accounting reports, including profit and loss statements, balance sheets, and cash flow statements to the leadership team.
• Ensure accurate and timely accounting for all direct and indirect taxes (GST, TDS) within the financial statements.
• Collaborate with the tax team to ensure compliance and accurate tax calculations within the accounting function.

Educational Background and Work Experience

Competencies

Skills Required

Tally, Sap, Tds, Gst, Advanced Excel, Oracle