Head, Finance & Accounts Job For 10-12 Year Exp In Sand Martin Consultants Private Limited Noida – 1144403

Job Summary

Contribute to the development of the organization strategy and business direction by leading finance strategy covering all aspects including banking, accounting & taxation, investment, business planning and risk management activities

Key Responsibilities

Contribute to development of organization strategy
• Assess competitive scenario and participate in setting of strategy & future direction for Sand Martin as part of the company’s leadership team
• Articulate the strategy for the finance function that supports business strategy and incorporates leading practices
• Recommend necessary actions and plans to the management committee in order to ensure sustainable business performance & shareholder value
Budgeting and Expense Management

• Drive the business planning & budgeting process by developing and deploying a framework for plans & budgets
• Provide assumptions & guidelines for budget preparations and oversee the budgeting process. Expense Reports Analysis & Presentation
• Review the financial aspect of operational decisions, such as marketing initiatives & proposals recommended for approval by Executive Management Committee
• Review pricing proposals & provide financial approval. Management of the Monthly Accounts Payable process
• Create authority matrix & monitor adherence to the same to ensure that budgeting process is robust and helps coordinate & control operations
Finance Operations Management

• Selection & Implementation of an ERP and automation tools to improve the delivery of accounts and process automations
• Monthly finalization & presentation of Group/HO & branch accounts
• Ensure accurate & complete payroll processing and appropriate credit to all employees including timely deposit of statutory dues under labour laws (PF, ESI, TDS etc.)
• Identify performance improvement opportunities including cost reduction, etc. & oversee implementation
• Monitor adherence to finance & business control policies
• Monitor accounts receivable and cash flow including government benefits/refunds and capital efficiency ratios to ensure smooth functioning of financial operations
• Monitor banking requirements under FEMA, RBI, Refunds (service export incentives, SEIS), GST refunds, and other licenses against exports besides co-ordination with STPI, Banks etc.
• Responsible for general compliances under TDS, GST, Income Tax Hearings, Preparation and finalization of IT returns
• Responsible for general compliances under Company Law including statutory records maintenance and review of inter-company transactions/agreements etc.
• Regular fixed asset valuations for accuracy of financial reports
• Updated and complete SOPs in the areas of logistics, exports, billing of books
• Coordinate with Banks- especially, their Treasury function and maintenance & renewal of various limits (working capital, overdraft/VAR limits etc.)
MIS and Planning

• Institute & maintain processes that would ensure integrity & timeliness of financial, cost & management accounting & reporting
• Oversee timely preparation of balance sheet, P&L statement & cash flows & their audits
• Keep abreast of financial & legislative changes that impact business
• Create & monitor performance dashboards from a financial perspective
• Collate annual & three-year plan and monitor timely sharing of financial information with MD in order to ensure compliance with finance & accounting standards & high degree of controllership in the company

Investment Management

• Review performance (monthly) of SandMartin investments and enable maximum yields in investments, oversee administration of cash, retiral funds & banking operations
Risk Management

• Assess & take steps to minimize risk in all areas – finance, operations & technology
• Oversee creation of assessment templates & processes
• Engage in dialogues with keeper of the risk to take risk mitigation steps and look for leading indicators of possible risks
• Educate stake holders on managing risk, coordinate financial, operational & sales related audits
• Review internal audit observations & generate action plans with departmental heads & auditors
• Represent the organization on the audit committee of the board in order to ensure minimization of risks & compliance with audit requirements
Business Intelligence (BI)

• Analyze and anticipate industry & market trends
• Provide market perspectives and trends to the MD and management team

Capacity and Infrastructure

• Review business case for key stakeholders to build capacity and infrastructure in line with growing scale of operations and company’s future requirements.
• Drive the synergized procurement model for the group, optimizing cost and enhancing service efficiencies
Human Capital Management

• Support HR in employee motivation, competence building & retention initiatives
• Identify & develop leadership talent within the function and enable succession
• Guide & motivate team & set objectives in line with employee capabilities & organizational requirements
• Identify career developmental needs & take appropriate actions to build an engaged and skilled workforce to deliver quality work

Key Measures of Performance

• Audit rating(s)- Maintain an ideal audit rating
• Operating expense – plan vs actual.
• Regulatory filings – Accuracy & TAT.
• MIS – Accuracy & TAT
• Updated SOPs
• Talent retention

Key Relationships (Internal / External)
Internal

• MD and Director
• Department Heads
• HR and Admin Team
External

• Statutory authorities
• Auditors
• Banks and Lenders

Preferred Skill Set

• Technical
o Experience in the KPO sector will be preferred.
o Advanced practitioner’s knowledge of key financial parameters
o Multi-function experience within finance e.g. tax and accounts
o Preference will be given for experience in business planning (FP&A)

• Key behavioural attributes required

o Analytical approach to data analysis and problem solving. Should be comfortable with data and ability to interpret the same
o Influencing and negotiation with the objective of bringing about an alignment that creates a win-win
o Eye for detail in every activity and project. Meticulous attention to detail with intent of First Time Right.