07 Oct
|
Drychem India
|
Navi Mumbai
07 Oct
Drychem India
Navi Mumbai
Position Title
AVP – Finance, Compliance and Accounts
Function
Finance
Location
Head Office – Mahape, Navi Mumbai
Reporting To
Finance Head
Employment Type
Full-Time (On Roll)
Why This Role Matters
This is a senior finance leadership role responsible for driving the operational excellence of the Finance, Compliace & Accounts function. The AVP will lead end-to-end accounting, consolidation, IND AS Compliance, taxation, receivables & collections, plant and product accounting, financial controls and SAP-enabled finance operations, while driving automation and building a solid, accountable finance team.
What You'll Do
1. Accounting & Financial Operations
Lead end-to-end accounting operations and ensure accuracy and completeness of books of accounts.
Drive timely monthly, quarterly and annual financial closure alongwith Audits incl. Internal Audits, Statutory Audits, Tax Audits, Cost Audits of Group Cos.
Oversee general ledger, reconciliations, provisions, accruals and accounting controls.
Ensure accounting practices are aligned with IND AS and applicable statutory requirements.
Ensure Master Data Accuracy and Completeness with control
2. Consolidation & Financial Reporting
Manage consolidation of financial information across entities/business units.
Ensure timely and accurate preparation of financial statements and management reports.
Support statutory reporting requirements and coordination for audits.
Strengthen controls around financial reporting and closure.
3. Taxation & Statutory Compliance
Drive Tax Planning and Tax Optimization Initiatives
Oversee direct and indirect taxation activities and ensure timely compliance.
Monitor statutory and taxation payments, filings and reconciliations with zero Tax Leakages.
Coordinate with internal teams, auditors and external consultants for taxation and compliance matters.
Ensure proper documentation and closure of tax-related observations.
4. Material and Assets Accounting in Multi-Location Manufacturing Plants
Strengthen product accounting and ensure accurate accounting of manufacturing-related transactions.
Review accounting implications relating to inventory, costing and product-level transactions.
Partner with relevant business and finance teams to improve financial accuracy and controls.
Review Material and Assets Accounting in Plants and related matters incl. verification etc.
Supervise Accounts Payable and Related MSME, GST and TDS Compliances
5. Receivables & Collections
Provide oversight on accounts receivable and collection processes.
Monitor ageing, outstanding receivables and collection performance.
Work closely with business teams to strengthen collection discipline.
6. SAP, Automation & Process Excellence
Drive effective utilization of SAP across finance and accounting processes.
Identify opportunities for automation, digitisation and reduction of manual activities.
Simplify processes, improve TAT and strengthen accuracy and controls.
Build scalable finance processes to support organizational growth.
7. Governance, Audit & Controls
Maintain a strong internal-control environment across accounting operations.
Coordinate with external / internal auditors and ensure timely closure of observations and completeness of Audits.
Identify financial and operational risks and implement corrective measures.
Strengthen SOPs, governance and process compliance including Internal Financial Controls.
8. Team Leadership
Lead and develop the Finance & Accounts team.
Build clear ownership, accountability and performance standards within the function.
Coach and mentor team members and build a strong second line.
Collaborate and work closely with cross-functional stakeholders on various operational matters.
Who We're Looking For
Education - Qualified Chartered Accountant (CA)
Experience - 12–18 years of relevant experience
Industry Preference - Manufacturing – Listed Company having multi location Plants
Chartered Accountant (CA) with 12-18 years of post-qualification experience in above areas.
Strong experience in Accounts, Accounting Operations, Consolidation and Financial Reporting.
Strong working knowledge of IND AS and statutory accounting requirements.
Experience in Direct & Indirect Taxation and statutory payments/compliances.
Strong understanding of Product Accounting, Receivables and Collections.
Hands-on knowledge of SAP and finance systems.
Exposure to automation and finance-process transformation.
Experience working in a listed manufacturing organization preferred.
Proven experience managing a sizeable finance/accounting team and multiple stakeholders.
Behavioural Competencies - Financial Acumen, Stakeholder Management, Critical Thinking, Ownership Mindset & Building People Capabitlity
📌 Assistant Vice President -Accounts Finance &Compliance (Navi Mumbai)
🏢 Drychem India
📍 Navi Mumbai