Wednesday, October 27

Head – Finance & Accounting/Financial Controller/Accounts – Management & Revenue Accounting (18-25 yrs)

Job title: Head – Finance & Accounting/Financial Controller/Accounts – Management & Revenue Accounting (18-25 yrs)

Company:

Job description: Manager – Finance & Accounting / Financial Controller / Accountant Manager / Accounting Manager & Revenue

Place of work – Mumbai (Please do not apply if you cannot relocate to Mumbai)
Purpose of the position:

– This position (Senior Most in Finance Function) reports to the Deputy CFO and is responsible for planning and directing the operations of the finance and accounting function and meeting all compliances while enabling the business strategy of a global company a billion dollars.

– Day-to-day revenue and debt accounting, Accounting standards and financial activities, Oversee project accounting and bookkeeping for all affected regions, Examination and monitoring of expenses, Management of accounts receivable and payable, Reconciliation of statements banking, Consolidation of project books

– Head of AP, AR, GL, MIS & Taxation

Diploma & Experience:

The ideal candidate would be a highly accomplished finance professional with significant leadership experience and business acumen. He / she must, among other things, meet the following requirements:

– Accountant

– Over 18 years of post-qualification experience, occupying positions of increasing responsibility in the finance function

– The person must have an understanding of taxation or the taxation must have pointed out to him

– Working knowledge of AP, AR, GL, MIS and taxation for a very large company

Team :

Direct: 4-5 (1 in Singapore), Indirect: 40-45 people

– Responsible for turnover and accounting

– Responsible for AR-accounting of overheads

– Accounts Payable Manager

– Head of Taxation (Direct, Indirect, International etc)

– 1 person in Singapore who takes care of day-to-day accounting for international markets

Organizational chart :

CFO
Deputy Chief Financial Officer

Reporting to the Deputy Financial Director:

1. Head of Revenue and Debt Accounting and Taxation (Senior Most across Finance) – This position

2. FP&A Manager

3. Head – Corporate Finance, Treasury and Stat. Audit

4. Internal audit

Job context:

The most difficult aspect of the role is ensuring adequate financial control in the organization while meeting the demands of the business.

Geographic coverage :

– Domestic markets

– International markets

Links between posts:

Within the organization:

– Office of the CEO and CFO

– Channel teams

– Commercial team

– Income teams

– Legal team

Outside Organization:

– Auditors

– Lawyers

– Provident fund advice

– Banks

Responsibilities:

– Management of financial operations:

Key activities:

– Evaluate the robustness of current accounting, tax, payroll and revenue management systems, processes and policies

– Supervise the realization of special projects and the IT automation of financial processes

– Generate timely reports on Corporate MIS / Business Analysis / Intelligence on Business Demand

– Provide information on cost optimization and monetization opportunities and on achieving target EBIT, where applicable

Key indicators:

– Compliance with internal financial management standards

– Punctuality and accuracy of business reports

– Realization of special projects

– Revenue management

Key activities:

– Oversee the functioning of the credit control team and ensure that all transactions are verified, verified and credit conditions meet organizational standards

– Oversee the operation of the invoicing team to ensure accurate and timely invoicing of sales

– Ensure that all collections are banked according to standards, that bad checks are processed on time and according to established procedure, and frequently review the MIS; Take corrective action as needed

– Examine RAs, provisions / write-offs, accrued liabilities and deferrals and take necessary actions

– Ensure appropriate revenue recognition in accordance with applicable policy and standards and ensure adequate controls to prevent leaks, etc.

Key indicators:

– Compliance with all organizational standards and procedures

– Compliance and Audit:

Key activities:

– Develop processes and systems throughout the accounting and finance function to ensure compliance with legal and regulatory standards

– Oversee compliance with accounting standards and procedures with respect to contracts, employee and supplier payments, income tax, TDS, GST and other statutory standards

– Oversee audits as an auditee (such as SOX, IFCR and corporate audit) and manage regulatory risks for the company; Provide clarifications required by auditors

– Monitor actions against observations and ensure the closure of non-conformities

– Revise policies to ensure compliance with changing laws in all jurisdictions where the company operates

Key indicators:

– Timely completion of compliance and audit activities

– No non-compliance in audits

Taxation:

Key activities:

– Manage direct and indirect taxes and take appropriate measures to ensure transaction compliance

– Ensure the filing of all returns on deadlines, manage disputes and validate positions

– Achieve tax efficiency through appropriate structuring of transactions, cross-border transactions, etc.

– Keep track of the changing tax landscape and understand and highlight the potential impact on businesses. Make representations to industry organizations.

Key indicators:

– Meets standards

– Timely filling of all returns

– Knowledge of the evolution of tax standards

Debts:

Key activities:

– Ensure timely payments to vendors / employees (including payroll and related compliance, reimbursements) while maintaining adequate controls, proper accounting and process efficiency

– Examine debts, provisions / reversals, advances, etc. and take appropriate action as needed

– Ensure compliance with applicable policies such as the fight against corruption, etc. and launch actions to strengthen them in the organization

Key indicators:

– Release of payments on time

– Compliance with organizational policies

Women-friendly workplace:

Maternity and paternity benefits

Expected salary:

Location: Mumbai, Maharashtra

Job date: Wed, 13 Oct 2021 07:32:54 GMT

Apply for the job now!


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