13 Nov
|
Foodhub
|
Chennai
Job Description
– Finance Director (India)
Location:
Chennai
Experience:
15+ years Role Summary The Finance Director will lead the finance, accounts, taxation, and compliance functions of the company, ensuring solid controls, accurate reporting and effective working capital management.
Key Responsibilities
• Understand the systems and processes implemented by management, ensuring appropriate controls in operations, legal compliance and adherence to accounting standards.
• Complete the monthly closure of books as per due dates and company policy.
• Prepare quarterly, half-yearly and annual accounts, and finalize the accounts of group companies and the consolidated accounts.
• Update the monthly P&L; with a projected quarterly cash flow for the board, and provide information to top management monthly and as needed.
• Manage treasury, insurance and cash funds on a consolidated basis to reduce OPEX.
• Liaise with banks and financial institutions to assess funding requirements, manage working capital and prepare documents for short-term and long-term credit facilities.
• Ensure compliance with direct and indirect tax laws and verify all statutory payments, from payment through to filing returns (eTDS, GST, EPF, ESIC, PT, etc.).
• Oversee the filing of returns and attend before tax authorities for assessments and appeals.
• Provide technical and managerial information on taxation matters to the organisation and regulatory agencies.
• Act as the focal point with internal and external auditors, ensuring timely completion of statutory, tax and internal audits as per audit programmes, including the company’s and promoters’ tax assessments and representations.
• Oversee the total payroll cycle.
• Oversee the process, monitoring and approval of all payables and receivables.
• Implement budgetary systems and budget control, and monitor budgets and variances.
• Develop and implement internal control systems, and formulate policies and procedures that suit the company’s needs.
• Track government policy decisions and assess their impact on the business.
• Take part in corporate planning during organisational restructuring.
• Manage and develop the finance team. Requirements Requirements
• Strong knowledge of Ind AS, the Companies Act, Income Tax, GST and payroll compliance.
• Experience in group accounts finalisation, consolidation, audits and tax assessments.
• Excellent written and verbal communication skills, with the ability to present to the board, auditors, banks and tax authorities.
• Strong leadership, analytical and stakeholder management skills.
📌 Finance Director (Chennai)
🏢 Foodhub
📍 Chennai