Role & responsibilities
Job Purpose:
To manage and oversee the financial and accounting operations of the companies international subsidiaries, ensuring compliance with local regulations, timely financial reporting, and effective coordination with group finance. The role is critical in maintaining financial health and transparency across all international entities.
Key Responsibilities:
1. Financial Management & Reporting
- Oversee day-to-day finance and accounting operations of all international subsidiaries.
- Ensure timely monthly, quarterly, and annual financial closings and reporting.
- Consolidate financial data from all subsidiaries for group-level reporting.
- Prepare and analyze financial statements in accordance with local GAAP/IFRS as applicable.
- Assist in budget preparation, forecasting, and variance analysis.
2. Compliance & Audit
- Ensure compliance with local tax laws, financial regulations, and corporate policies.
- Coordinate with local and global external auditors to complete statutory audits.
- Liaise with legal advisors and tax consultants for compliance matters.
3. Treasury and Cash Flow Management
- Monitor and manage the cash flow of each subsidiary.
- Oversee fund transfers, intercompany transactions,
and foreign exchange risk.
- Work with group treasury to ensure optimal utilization of funds across entities.
4. Process Improvement & Internal Controls
- Develop and implement robust financial processes and internal controls.
- Standardize financial procedures across subsidiaries to align with corporate policies.
- Identify opportunities for automation and efficiency in financial operations.
5. Stakeholder Management
- Act as a bridge between international finance teams and headquarters.
- Collaborate with local leadership teams, HR, supply chain, and legal functions.
- Support business leaders with financial insights to drive performance.
6. Budgeting & Forecasting: Prepare annual budgets and monitor financial performance against targets.
7. Financial Analysis:
- Conduct financial analysis, cost control, and risk assessment.
Provide insights on financial trends, opportunities, and areas for cost optimization
Preferred candidate profile
- Chartered Accountant (CA), CPA, ACCA, or equivalent qualification..
- Exposure to ERP systems (SAP, Oracle, NetSuite, etc.) is desirable.
📌 Accounts and Finance Manager International Subsidiaries (Vapi)
🏢 Meril
📍 Vapi