Finance Lead - CA/CA (11-18 yrs)

Finance & Accounts is a critical leadership role responsible for ensuring the organization's financial stability, strategic planning, and fiscal integrity. This role oversees accounting, financial forecasting, budgeting, cash flow management, and compliance with IFRS/GAAP and regulatory frameworks. The ideal candidate will manage global treasury functions, foreign exchange risk, and international fund transfers to ensure liquidity and mitigate financial exposure. This role also involves leading a high-performing finance team and overseeing financial controls, audit processes, and vendor/agency relationships.

Job Location: Mumbai, Bhayandar

Job Expectation: Expected work hour window 1:00 PM to 10:00 PM;

Workdays: 5 days

Minimum Qualifications:

Education: CA/CS or equivalent qualification,

Experience: 10 to 15 years of relevant experience in financial management.

Tools Proficiency

- Tally: Accounting and inventory management software

- Goods and Services Tax Network : GST compliance and filing portal

- MCA (Ministry of Corporate Affairs): Compliance and filing portal for companies

- MS Excel : Proficient with Microsoft Excel

Desired Qualifications:

Education: MBA

- BPO Experience

- US Banking and vendor experience

- Flexibility to attend calls aligned with US hours, as needed

Key Accountabilities:

- Budgeting, Forecasting, FP&A, and Financial Reporting

- Lead the annual budgeting process, ensuring alignment with corporate objectives and financial strategies.

- Conduct monthly forecasting of revenue and expenses, analysing variances and implementing corrective measures.

- Prepare and analyse financial reports, including customer and business unit profitability assessments.

- Provide data-driven insights to support strategic decision-making and financial planning.

- Circulate departmental budgets to business unit heads, monitor adherence, and ensure financial accountability.

Internal Audit and Compliance:

- Oversee internal audit processes, ensuring robust financial governance and risk management.

- Ensure compliance with financial reporting deadlines, regulatory requirements, and internal control frameworks.

- Implement financial policies, enforce adherence to controls, and manage U.S. licensing and regulatory compliance.

Asset Management and Insurance:

- Maintain a comprehensive Fixed Asset Management system to safeguard company assets.

- Document and enforce finance policies, ensuring compliance with security and regulatory standards.

- Manage insurance plans to mitigate risks and align with customer and business requirements.

- Accounts Receivable, Accounts Payable, Closing of Books, and Financial Close

- Oversee accounts receivable and payable to ensure efficient cash flow and working capital management.

- Supervise tax filings, including Income Tax, RBI, TDS, and other statutory returns.

- Ensure timely and accurate closing of the books each period, including month-end and year-end processes.

- Document and maintain financial closing procedures to ensure consistency and compliance.

Cost Control and Statutory Compliance:

- Develop and implement cost control measures to enhance operational efficiency and financial performance.

- Ensure compliance with statutory payroll deductions (e.g., PPF, ESIC, Professional Tax, TDS) and other financial obligations.

Cost Management, Procurement, and Treasury Operations:

- Provide cost analysis for new business prospects and financial decision-making.

- Collaborate with legal teams to finalize agreements, including Shareholder Agreements and client contracts.

- Oversee payroll processing, ensuring timely and accurate disbursements.

- Negotiate with banks for maintaining credit facilities and securing new funding.

- Manage vendor agreements, including AMCs, transportation, and asset insurance contracts.

- Supervise treasury operations, including global payments, foreign exchange risk management, and capital allocation.

- Oversee financial transactions and regulatory compliance for the U.S. liaison office.

Core Competencies:

Leadership:

- Proven ability to lead, motivate, and develop high-performing finance teams

- Strong understanding of organizational goals and ability to align finance team's objectives accordingly

- Excellent people management skills, with ability to empower team members and foster a collaborative work environment

Communication:

- Excellent verbal and written communication skills, with ability to articulate complex financial concepts to non-financial stakeholders

- Strong interpersonal skills, with ability to build and maintain relationships with stakeholders at all levels

- Ability to communicate financial results, trends, and insights to inform business decisions

Strategic Thinking:

- Capability to develop and implement comprehensive financial strategies that support organizational objectives

- Strong understanding of market trends, competitor analysis, and industry developments

- Ability to think critically and creatively, with a focus on driving business growth and improvement

Problem-Solving:

- Proven ability to identify, analyze, and solve complex financial issues

- Strong analytical skills, with ability to interpret financial data and identify trends

- Ability to think critically and creatively, with a focus on finding innovative solutions to financial challenges

Integrity:

- High ethical standards, with commitment to maintaining financial integrity and compliance

- Strong understanding of financial regulations and standards, with ability to ensure organizational compliance

- Ability to maintain confidentiality and handle sensitive financial information with discretion.

Stakeholder Management:

- High ethical standards, with commitment to maintaining financial integrity and compliance

- Strong understanding of financial regulations and standards, with ability to ensure organizational compliance

- Ability to maintain confidentiality and handle sensitive financial information with discretion

Hands-on Approach

- Detail-oriented with ability to perform tasks personally, ensuring accuracy and attention to detail in all financial matters

- Strong technical skills, with proficiency in financial software and systems

- Ability to roll up sleeves and perform hands-on financial analysis, budgeting, and forecasting as needed.