VP

Job Description

Function

Finance

Cost Center

1429154052

Location

Gurgaon, Haryana - India

Region

Global Asset Unit

Position

VP / Sr.Director - Finance

Grade

13 or 14

Reporting to

SVP - Finance

Process Category

Finance

Shift Time Day / Afternoon

Global Role

Salary Range

Min.

Max.

As per market standard

Functional Role (Job Description)

This is a leadership role, accountable for overseeing and managing the financial operations, strategies and performance of the organization. The role involves managing financial planning, Reporting, Risk Management and ensuring the organizations financial health and compliance with relevant regulations.

This role requires deep expertise in technical accounting (IFRS / GAAP), transfer pricing and management of IP assets. Individual will be responsible to ensure the integrity of financial data, provide strategic financial counsel to executive leadership, and partner with legal, R&D, and tax teams to optimize the value of the assets portfolio.

Essential

Desirable

Education Background

Bachelors / Masters degree in Finance or equivalent.

CA / CS / CMA or equivalent. Candidates with CS degree will be given preference

Work Experience

Typically requires 15+ years relevant experience

Global experience of working in IP Assets Management with teams across Geographies will be given preference

Key Responsibilities

Key Responsibilities :

• Develops and ensures execution of financial strategy in alignment with organizational business goals. This includes long-term financial planning, budgeting, and forecasting.
• Develop, implement, and refine comprehensive asset management strategies to achieve investment objectives, including maximizing returns and mitigating risk.
• Provide strategic financial analysis and insights to guide decisions on assets acquisitions, licensing agreements, and divestitures.
• Oversees the preparation and presentation of accurate and timely financial reports
• Oversee the end-to-end accounting for all intangible assets, ensuring strict compliance with global accounting standards (IFRS and GAAP).
• Establish and enforce robust financial controls and policies for capitalization, amortization, impairment, and disposition of asset.
• Lead the preparation of all IP-related financial disclosures for internal and external reporting,
• Continuously monitor and manage risks associated with the portfolio, implementing proactive measures to protect asset value and ensure compliance
• Conducts in-depth financial analysis to provide insights into the organization's financial performance, trends, and opportunities for improvement.
• Uses data-driven analysis to make strategic financial decisions.
• Implements risk management strategies to safeguard assets and investments.
• Ensures organization complies with all financial regulations, accounting standards, and tax laws in the regions where it operates.
• Drive the development and implementation of the company's transfer pricing policies for inter-company IP usage, ensuring compliance with global tax regulations.
• Oversee the revenue recognition process, including the application of complex margin-sharing or cost-plus models with operating companies (OpCos).
• Collaborate with the tax and legal teams to manage and defend transfer pricing documentation during audits.
• Maintains strong relationships with regulatory authorities and auditors, where applicable.
• Direct the valuation and financial modeling for all intangible assets.
• Drive the annual and ad-hoc impairment testing process, providing a comprehensive analysis of asset value fluctuations.
• Partner with R&D and business development to optimize the financial categorization of expenses (Opex vs. Capex) related to new IP development.
• Establishes and maintains robust financial controls, policies, and procedures to prevent fraud, errors, and financial mismanagement.
• Oversee the management of the finance information systems and necessary reports for critical analysis of financial performance.

Knowledge and Attributes :

Key Performance Parameters

|1 – Financial Reporting |2 - Effective Portfolio Valuation |3 – Strategic Financial Partnership |4 – Stakeholder Management |5 – Control and Governance

Essential Knowledge And Analytical Skills

Managerial And Soft Skills

Must demonstrate a strong commitment to integrity, internal controls and data privacy

Should be a Good Team Player & Process driven person

Must be able to manage multiple priorities and able to work well in a fast paced, dynamic environment

Test to be Administrated

Skills Required

Asset Management, Valuation, Risk Management, Transfer Pricing, Financial Controls, Financial Reporting, Financial Analysis, Financial Planning, Gaap, Financial Modeling, Ifrs