Role Purpose

Taking leadership of the financial assets of the organization and thereby maintaining financial health of the business, which shall include making recommendations to the board, maintaining financial reports, asset management, maintaining relations with banks and other financial institutions, advising, mentoring and coaching a team capable of independently working.

Responsibilities

- Accountable for developing the financial strategies on the basis of the budget and long-term planning and ensure that all the financial strategies are for maintaining a healthy financial position.
- Maintaining appropriate financial forecasts and advice the management accordingly to make appropriate investment or disinvestment decisions.
- Accountable for verifying the budget on the basis of the anticipated revenue and cash inflow and suggesting the management where to reduce and where to add fund.
- Plan, execute and be accountable for all matters concerning cash and other assets of the organization, which includes necessary approvals, signoffs, representation at various forums etc.
- Advice and influence the management at all appropriate times regarding decisions pertaining to financial matters.
- Liaison with banks, NBFCs and sundry creditors at times of need, which may include, but is not limited to arrangement of CC, OD, other financial arrangements etc
- Ensure that appropriate internal as well as external audits as per agreed upon timelines are executed without fail.
- Accountable for all statutory and legal matters pertaining to the organization, which may include, but is not limited to Income Tax, Sales Tax, FOREX, Customs, Imports etc
- Track and maintain all statutory loopholes wherein the company’s cost can be saved and used for other development initiatives.




- Taking preventive and corrective actions based on MIS reports and internal/external audits respectively so that a healthy financial ecosystem can be maintained in the organization.
- Filing of returns on time so that demurrage, penal interests or damages can be saved for the organization.
- Assignment of works to team members based on their competencies, coaching and mentoring them for their skill enhancement, conducting feedback sessions, suggesting learning opportunities etc.
- Accountable for ensuring that all the companies are following the budget practice through monthly and periodical review of the budget vs actual situation and submit the report to the Management.
- Accountable for forecasting the future changes on the basis of the present situation of the company as well on the basis of the market fluctuations.
- Accountable for implementing the SOP defined by the management for the effectiveness and efficiency of the finance and accounts department.
- Responsible for the continuous improvement of the SOP through proper review with the team and discussion with the management on the basis of KPIs and benchmarks.
- Accountable for coordinating with the management for meeting the additional fund requirement through proper analysis of the fund raising options like OD, external investments etc.




- Responsible for ensuring that all the financial entries are happening on daily basis with proper supporting documents and vouchers.
- Responsible for ensuring that all the filing processes are as per the standards and the files are up to date. Ensure that the team is managing the process in a standard way.
- Accountability to ensure 100% accuracy and standard in all the accounting functions of the corporate and sub division of the Company on a daily basis.
- Responsible for day to day review of the team to ensure that all the assigned activities and plans are moving as per the monthly and quarterly planning.
- Responsible for the periodical performance evaluation of the team, training of the team and thereby ensure high level standards in the output of the department
- Responsible for monthly review and reporting about the financial status of the institution and suggestion for the improvement or planning of the next month.
- Responsible for submitting daily, weekly, monthly and other periodical reports for review purposes with the management as and when needed.
- Responsible for making sure that all the statutory affairs are online and there is no delay in the filing or updation or even renewal.
- Responsible for coordinating with external auditors, chartered accountants for the filing and auditing purposes of the institution.

Ideal Hire Educational Qualifications

MBA in Finance or Accounting related streams (Mandatory)

- CA/Inter/ICWA (Preferred)
- 05-15 Years Experience in Finance / Accounting with at least 5 years in a leadership position

Job Type: Full time

Pay: ₹40,000.00 - ₹60,000.00 per month

Benefits:

- Food provided
- Internet reimbursement
- Leave encashment

Work Location: In person

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