Senior Finance Lead (Chennai)

Senior Finance Lead (Chennai)

07 Aug
|
Ignitho
|
Chennai

07 Aug

Ignitho

Chennai

Job Title: Senior Finance Lead

Location: Chennai (Hybrid)

Experience: 5-7 years of experience in Finance & Accounts

About Nuivio Ventures

Nuivio Ventures is a US-based venture builder focused on creating enterprise AI product companies. With innovation labs and delivery centres in Chennai, we incubate and scale SaaS products in collaboration with global enterprises. Our mission is to build 50 AI-driven product startups by 2030.

Role Overview

We are looking for a dynamic Senior Lead Finance & Accounts to manage finance, accounting, compliance, and reporting activities across both US and India operations. The role involves overseeing financial close processes, statutory compliance, audits, MIS reporting, and financial analysis while ensuring accuracy and regulatory adherence. The ideal candidate should have strong accounting expertise, experience in global finance environments, and the ability to drive process improvements and operational efficiency.

Key Responsibilities

Financial Accounting & Reporting

- Manage month-end, quarter-end, and year-end financial close activities.
- Prepare and review journal entries, accruals, provisions, and reconciliations.
- Ensure accuracy and completeness of general ledger accounting.
- Prepare monthly financial statements and management reports.
- Monitor balance sheet schedules and resolve outstanding items.

US Finance & Accounting

- Support accounting activities in accordance with US GAAP and company policies.
- Review revenue recognition, expense accruals, prepaid expenses, and fixed asset accounting.
- Manage intercompany accounting and reconciliations.
- Coordinate with US finance teams on reporting requirements and audit support.
- Ensure timely completion of monthly close deliverables.

India Finance & Compliance

- Manage statutory accounting and compliance activities.
- Ensure timely filing of GST, TDS, Professional Tax, PF, ESI, and other regulatory requirements.
- Coordinate with external auditors, tax consultants,



and statutory authorities.
- Support preparation of financial statements as per applicable accounting standards.
- Ensure compliance with internal policies and regulatory requirements.

Accounts Payable, Receivable & Treasury

- Oversee vendor payments and employee reimbursements.
- Monitor customer collections and accounts receivable aging.
- Support cash flow planning and treasury management activities.
- Ensure proper accounting and reconciliation of bank transactions.

Budgeting, MIS & Analysis

- Assist in annual budgeting and forecasting processes.
- Prepare MIS reports and financial performance dashboards.
- Conduct variance analysis and provide actionable insights.
- Support management decision-making through financial analysis.

Audit & Internal Controls

- Support statutory, internal, tax, and compliance audits.
- Ensure adherence to internal controls and financial governance frameworks.
- Address audit observations and implement corrective actions.
- Maintain audit-ready documentation and records.

Process Improvement

- Identify opportunities to streamline finance processes.
- Participate in ERP implementation and automation initiatives.
- Develop and maintain standard operating procedures (SOPs).
- Drive efficiency and accuracy in financial operations.

Cost Optimisation Operations

- Coordinate payroll processing and employee reimbursements.
- Manage vendor payments, invoices, purchase orders, and expense tracking.
- Assist in budgeting, forecasting, and financial reporting.
- Monitor operational budgets, optimize business expenditures,



and identify cost-saving opportunities.
- Maintain financial documentation and ensure compliance with accounting standards.

Operations Management

- Manage day-to-day business operations and administrative activities.
- Develop, implement, and improve operational processes and SOPs.
- Monitor operational KPIs and drive continuous process improvements.
- Coordinate with cross-functional teams to ensure smooth execution of business activities. Identify operational risks and implement mitigation strategies.

Compliance & Governance

- Ensure compliance with company policies, labour laws, statutory regulations, and internal governance standards.
- Lead ISO documentation, audits, and compliance initiatives.
- Maintain compliance records, policies, and audit documentation.
- Coordinate internal and external audits and ensure timely closure of audit findings.
- Work closely with legal and leadership teams on corporate compliance matters.

Role Expectations

Technical Skills

- Strong knowledge of accounting principles and financial reporting.
- Hands-on experience with ISO compliance, internal audits, statutory compliance, and policy implementation.
- Understanding of US GAAP and Indian statutory compliance requirements.
- Experience with GST, TDS, payroll accounting, and audits.
- Hands-on experience with ERP systems (NetSuite, SAP, Oracle, Dynamics, etc.).
- Experience managing HRMS platforms in Keka, payroll coordination, and the complete employee lifecycle.
- Advanced Excel skills and proficiency in financial analysis.

Qualifications

- Inter Qualified - CA / CMA / ACCA / CPA / MBA (Finance).
- 5-7 years of experience in Finance & Accounts.
- Experience supporting both US and India accounting operations.
- Prior experience in multinational companies, shared services, or global finance environments preferred.
- Solid exposure to ERP-based accounting environments.

📌 Senior Finance Lead (Chennai)
🏢 Ignitho
📍 Chennai

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