Group Head - Accounts & Finance (8-15 yrs)

Key Responsibilities:

Financial Reporting:

- Supervise the preparation of financial statements, including income statements, balance sheets, and cash flow statements.

- Ensure timely and accurate monthly, quarterly, and annual financial reports.

- Manage the preparation of statutory accounts and ensure compliance with relevant accounting standards and regulations.

- Review financial data to ensure accuracy and compliance with internal policies.

Accounting Operations:

- Oversee the day-to-day operations of the accounting department, including accounts payable, accounts receivable, payroll, and general ledger functions.

- Ensure the implementation and maintenance of robust internal controls and processes.

- Manage the consolidation of accounts across the group's subsidiaries or business units.

- Coordinate with external auditors and manage the audit process.

- Provide financial forecasts to support business decision-making and strategy.

Compliance and Risk Management:

- Ensure compliance with financial regulations and laws.

- Monitor and mitigate financial risks - Implement and maintain compliance with tax regulations, including GST, income tax.

Team Leadership:

- Lead, mentor, and develop the accounting team across the group.

- Foster a culture of continuous improvement and excellence within the accounting function.

- Manage recruitment, training, and performance appraisal for the accounting staff.

Systems and Process Improvement:

- Identify and implement improvements in accounting processes, systems, and software.

- Ensure efficient and effective use of accounting technology and tools across the group.

- Drive automation and process optimization initiatives to enhance financial reporting and operational efficiency.

Strategic Financial Management:

- Provide financial insights and recommendations to the CFO and senior management team.

- Support the CFO in financial planning, capital allocation, and investment decisions.

- Participate in strategic projects, such as mergers and acquisitions, divestitures, and restructuring activities.

Stakeholder Management:

- Liaise with internal and external stakeholders, including auditors, tax advisors, regulators, and banks.

- Provide financial insights and reports to support business units and departments within the group.

Key Competencies:

- Thorough understanding of financial principles, accounting standards, and regulatory requirements.

- Strong analytical skills and the ability to interpret complex financial data and trends.

- Excellent leadership and interpersonal skills, with the ability to communicate effectively with stakeholders at all levels.

- Strategic thinker with the ability to develop and execute financial strategies to support business objectives.

- Detail-oriented with a commitment to accuracy and integrity in financial reporting and analysis.

- Proficiency in financial software and Microsoft Office suite.

- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.