Position : Head - Finance & Accounts Location : Mumbai Desired qualification : Post Graduate, with 12+ years for experience in managing end to end Accounting functions Salary – 15- 18 lacs per annum Functional Scope of the position: ⮚ The HOD- F & A is responsible to develop, maintain and operate an efficient and effective service function which comprises Finance, Controlling, Tax, IT and Procurement , to drive and realize optimization potentials along a growth strategy to be formulated and implemented within his/her functional responsibility. ⮚ The scope covers India & Dubai , i.e. including all subsidiary Company’s and Shall report to the CFO & CEO 1. Financial Planning and Analysis / Controlling ⮚ Assess country performance against country strategy and annual budget ⮚ Develop management tools and systems to address country management requirements, to provide critical financial and operational information, and to give recommendations on strategy and operations ⮚ Monitor performance against budget for Indian legal entities, incl. country platform and selected business lines ⮚ Maintain and improve internal control systems, guidelines and policies ⮚ Harmonize financial & accounting policies and procedures across all legal entities in India ⮚ Engage in ongoing cost reduction analyses in all areas of the company ⮚ Review the performance of service verticals and report on key issues to management ⮚ Interpretation of the company's financial results and recommend strategic improvement activities ⮚ Compile key business metrics and report ⮚ Create additional analyses and reports as requested by management 2. Accounting Manage and oversee the daily operations of the accounting functions including: ⮚ Month and end-year process, ⮚ Accounts payable/ receivables, Cash receipts, General Ledger ⮚ Revenue and expenditure variance analysis. ⮚ Capital assets reconciliations, fixed asset activity, debt activity ⮚ Monitor and analyze accounting data and produce financial reports or statements ⮚ Establish and enforce proper accounting methods, policies and principles ⮚ Coordinate and complete annual audits ⮚ Cost /Expense Management 3. Finance & Treasury Management ⮚ Forecast and make available cash flow positions, and available funds for investment ⮚ Ensure that sufficient funds are available to meet ongoing operational and capital investment and expense requirements ⮚ Maintain banking relationships ⮚ Assist in determining the company's proper capital structure. ⮚ Involve in raising funds as and when required

⮚ Handle overseas remittances 4. Budgeting & MIS ⮚ Manage the preparation of the company's budget ⮚ Report to management on variances from the established budget, and the reasons for those variances ⮚ Assist management in the formulation of its overall strategic direction ⮚ Report daily /weekly /monthly Financial MIS 5. Taxation & Statutory Compliance ▪ Ensure tax compliance and proper tax filing with the authorities. ▪ Transfer Price Documentation, establishment and regular updates ▪ Checks of business activities for GST compliance ▪ Tax consulting for local entities and global/region for Indian tax matters ▪ ROC related matters. 6. Team Development/Leadership ⮚ Oversee, direct, and organize the work of the finance and accounts teams. ⮚ Ensure staff members receive timely and appropriate training and development. ⮚ Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities and conduct annual performance appraisals ⮚ Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results. 7. Strategic Management ⮚ Execute the customization for technology integration in various Accounting processes ⮚ Evaluate and implement effective control mechanisms. Ensuring the setup of appropriate internal controls to mitigate risks surrounding the various processes ⮚ Business partnering to ensure profitable delivery of the business on both top line and bottom line ⮚ Strategy formulation together with top management along with concrete business plans, budgets and forecasts ⮚ Assist in procurement and vendor management. ⮚ Manage Client communications

Job Types: Full-time, Regular / Permanent

Salary: ₹1,500,000.00 - ₹1,800,000.00 per year

Schedule:

Rotational shift
Ability to commute/relocate:

Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Experience:

total work: 1 year (Preferred)
Work Location: In person