Qualification- CA * Evolve Organization's Finance Management Strategy, Effective Systems & Processes
Lead the process to identify and co-create the Financial Vision and Strategy for the Organization
Identify Financial Goals for Business in line with the Vision and communicate it to all concerned for appropriate actions
Develop Budgeting & Costing System for the Organization, and Departments for considerate expenditure
Introduce Finance Monitoring mechanism for the departments and the org. in line with their processes to optimize cost, wherever applicable
Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions
Continuously monitor the Market responses to mitigate any risk or changes required to be done in internal financial policies in line with the market requirement
Provide strategic financial input and leadership on decision-making issues affecting the organization, e.g., evaluation of potential alliances, acquisitions and/or mergers, funds and investments
Monitor & Manage Financial Health of the Org.
Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
Closely work with Management, Departmental Heads, Finance Team, and other internal Stakeholders to sensitize them about Financial need of the org. and to accordingly manage their operational processes
Identify, review and monitor Cost Factors for the departments including Support Functions and enable them to incorporate them in their departmental Goals to minimize / control these Factors to the maximum possible extent
Ensure that effective internal controls are in place and ensure compliance with the same, and applicable state and local regulatory laws and rules for financial and tax reporting
Establish system to raise red flag on financial issues in a timely manner to enable others take appropriate actions
Participate in organizational and departmental performance review meetings to share financial performance with all concerned for corrective action
Represent Company in various stakeholders Meetings (Board Meetings)
Introduce Risk Assessment Tool for the org. for effective Finance Management
Represent Company at various relevant Forums to demonstrate financial strength of the org. and invite Potential Stakeholders for financial inclusions, investments, etc.
Lead & own the financial process for any alliances, acquisition, mergers, etc. to sustain or improve Org. Financial Situation
Manage and oversee the cash flow of the company and ensuring it has the appropriate treasury controls
Oversee the company's banking and borrowing arrangements
Manage hedging and foreign currencies (if relevant)
Manage relationships with Investors (where applicable)
Take all required initiatives to continuously improve Financial Health of the company
Financial Reporting & Documentations
Take ownership to manage the financial reporting for the organisation in line with the requirements of internal as well as External Stakeholders and to prevent any Financial litigations on the company
Provide sound financial support and insights through periodic & non-periodic reports to enable the Company to make critical business decisions
Do all required communications and documentation for Stock management on behalf of the company with external Stakeholders
Ensure correctness and timeliness in the Financial Reporting across the levels
Ensure financial security from all perspectives to make org. cybercrime proof, loss proof, etc.
Develop and Lead Department
Continuously monitor the Org. Structure for Department and do course correction as and when required
Ensure obtain 'right\' Manpower with the support of HR Department
Direct, coordinate, assign, monitor and review the Performance of Department and take appropriate action for improvement
Participate in establishing key performance indicators, monitor ongoing performance, and improve performance against set goals
Develop Success Plan for the critical positions in the department and initiate timely action for smooth execution
Develop subordinates by providing them opportunities for development
Provide feedback to Team on problems or needs
Promote a culture of sharing and team working for superior performance
SKILLS
Sound knowledge of Economics & Accounting processes, Proficient in SAP/ERP, Strong knowledge of GAAP, Strong understanding of budget planning & control mechanisms, Cost Accounting, CAPEX, Fund Management, Financial Management, System analysis and system evaluation, Strong strategy orientation, Ability to apply a variety of strategic frameworks to analyze problems and to guide and develop solutions, Knowledge of the businesss risk parameters, Accounting and Financial Analysis, Ability to influence on a global and virtual stage, Ability to work collaboratively with key internal and external leaders, partners, suppliers and customers, Proven ability to generate new outlooks of the business on the market.
Strategic leadership, Influencing without authority, Leadership, Interpersonal and communication skills, Solution and problem-solving orientation, Ability to build trust and collaborate with others at all levels within the organization and operate in a fast paced environment, Comfort with ambiguity, Emotional Intelligence and Attention to Detail, Analytical and Critical Thinking, Demonstrate courage, an approachable style and inspiring confidence.