08 Sep
|
Mounee Consulting Services Private
|
Noida
08 Sep
Mounee Consulting Services Private
Noida
Location: Noida / Delhi NCR
Department: Finance & Accounts
Experience: 8-10 Years
Employment Type: Full-Time
Reporting To: Director / Management
About The Role Company is looking for an experienced and commercially driven Finance Head to lead the complete Finance & Accounts function.
The Finance Head will be responsible for financial planning, accounting, MIS, cash-flow management, taxation, compliance, budgeting, internal controls and commercial finance , while working closely with the leadership and business teams to support profitable growth.
The ideal candidate should have experience in Travel, Tourism, Hospitality, OTA, E-commerce or a service-based business , with robust exposure to high-volume transactions, vendor management and working-capital management.
Key Responsibilities
Finance & Accounting
- Lead the complete Finance & Accounts function of the organization.
- Oversee accounting, bookkeeping, payables, receivables and general ledger activities.
- Ensure timely monthly, quarterly and annual financial closing.
- Maintain accurate financial records and ensure proper accounting controls.
- Review and monitor revenue, expenses, margins and profitability across business verticals.
Financial Planning & MIS
- Prepare annual budgets, financial forecasts and business plans.
- Develop monthly MIS covering revenue, expenses, profitability, cash flow and working capital.
- Provide management with actionable financial insights for business decisions.
- Analyze profitability of different travel products, destinations, corporate accounts and MICE projects.
- Monitor actual performance against budgets and identify variances.
Cash Flow & Working Capital
- Manage daily and monthly cash-flow planning.
- Monitor receivables, payables and outstanding balances.
- Improve working-capital efficiency and ensure adequate liquidity.
- Develop strong controls over customer advances, refunds, cancellations and vendor payments.
- Ensure timely reconciliation of bank, customer and vendor accounts.
Vendor & Commercial Finance
- Manage financial relationships with airlines, hotels, DMCs, transporters, travel partners and other vendors.
- Review commercial agreements and payment terms from a financial perspective.
- Negotiate and improve vendor credit/payment terms wherever possible.
- Monitor vendor advances, deposits, credit limits and outstanding balances.
- Ensure accurate calculation of margins and commissions.
Taxation & Compliance
- Ensure timely compliance with GST, TDS, Income Tax and other applicable statutory requirements.
- Coordinate with statutory auditors, tax consultants and other external professionals.
- Ensure timely filing of returns and statutory reports.
- Maintain proper documentation and records for audits and regulatory requirements.
Internal Controls & Risk Management
- Establish and strengthen financial policies, SOPs and internal controls.
- Identify financial risks and implement appropriate control mechanisms.
- Monitor fraud risks, revenue leakage and unauthorized transactions.
- Conduct periodic reviews of financial processes and controls.
- Ensure proper approval mechanisms for expenses, refunds and payments.
Business Finance & Leadership
- Partner with the Sales, MICE, Operations and Management teams to support business growth.
- Evaluate new business opportunities from a financial and profitability perspective.
- Provide financial inputs for pricing, discounts and commercial negotiations.
- Support management in strategic decision-making.
- Lead, mentor and develop the Finance & Accounts team.
Candidate Profile
- 8-10 years of experience in Finance & Accounts, with at least 3-5 years in a leadership role.
- Experience in Travel, Tourism, Hospitality, OTA, E-commerce or service businesses is preferred.
- Strong knowledge of accounting, taxation, MIS, budgeting and financial controls.
- Experience managing high-volume transactions and working capital.
- Strong understanding of GST, TDS, taxation and statutory compliance.
- Excellent knowledge of MS Excel and accounting/ERP systems.
- Strong analytical, commercial and problem-solving skills.
- Excellent communication and stakeholder-management abilities.
- Should be comfortable working closely with senior management and business teams.
Key Performance Indicators
- Revenue and profitability visibility
- Cash-flow and working-capital management
- Reduction in outstanding receivables
- Timely financial closures and MIS
- Statutory compliance and audit performance
- Vendor payment and credit management
- Financial controls and reduction of revenue leakage
- Budget vs. actual performance
- Overall financial efficiency
Ideal Candidate The ideal candidate should be a hands-on Finance Leader with strong commercial acumen , capable of managing finance independently while also acting as a strategic business partner to the management. Preference will be given to candidates from Travel / OTA / Hospitality / Tourism businesses who understand ticketing, hotel bookings, holiday packages, MICE, vendor settlements, customer advances, refunds and high-volume transactional finance.
📌 Finance Head (Noida)
🏢 Mounee Consulting Services Private
📍 Noida