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Associate Director of Finance - Hyderabad, India - Eruvaka Technologies
Description
Purpose of the Job:
The Associate Director - Finance is accountable for managing an effective and efficient operation of the financial reporting and accounting function.
He/she is responsible for the overall financial administration of the entity, including the ledger management, administrative organization and application management (financial systems and records), accounting, statistics, recalculations, project administration and tax function, in order to provide the business management with accurate and reliable internal financial information and external financial statements regarding the performance and the valuation of the business for various stakeholders (business management, EC as well as shareholders)
The Associate Director - Finance is responsible for the financial statements, internal controls, systems and management reports and income & expenses statements within the OpCo. He/she participates in the relevant budgeting processes and manages the day-to-day accounting activities in accordance with Nutreco's accounting policies and procedures.
Role and Responsibilities
The Associate Director - Finance supports the Controller by providing management information. In this role, the function acts as the operational conscience and the eyes and ears of management. Misinformation can lead to decisions which in the medium term may adversely affect the business results. He / she works closely with the Controller on all accounting, reporting, and financial disclosure matters and consult often with relevant stakeholders.
Key Accountabilities
Accounting & Reporting
Manages accounts payable, accounts receivable and the maintenance of the general ledger, including account reconciliations, and the production of various financial reports and statements (supporting the FD India in the preparation of financial statements and budgets), to provide accurate and timely financial information to management.
Prepares and/or reviews projections of accounting data to show effects of proposed changes on income and financial condition of Eruvaka
Ensures timely and correct financial disclosures for internal and external reporting.
Management information and advice
Assist to prepares the business analyses, including management reports.
Assist to identifies and flags significant operational / financial variances and determines reasons for variances.
Advises management about possible improvements in the business.
Treasury and tax accounting
Monitors the debtors and monitors / determines the liquidity planning.
Ensures appropriate treasury and tax accounting when applicable, in cooperation with internal & external resource.
Management
Manages the reporting & accounting (sub)department and provides operational leadership and coaching of its staff.
Drafts working instructions for the staff in accordance with Nutreco's financial policies and procedures; where necessary, assists with daily activities; Ensures Reporting & Accounting Managers are in place and being followed.
Governance
Ensures that systems and procedures in compliance with company policies, the reporting & accounting strategy and with accounting standards, and applicable rules & regulations. Follows all IFRS and China GAAP developments closely and implements new or revised accounting policies and procedures.
Responsible for the overall control of the financial administration, monitors enforcement of guidelines and guidance of all administrative processes of the entity, to achieve full compliance with all relevant (financial) standards.
Projects:
May participates in reporting and accounting matters of major projects, within company guidelines.
Audits
Prepares (financial) audits, ensures all relevant financial information is available for internal and external Auditors.
Key Performance Indicators
Timeliness, accuracy, and reliability of all periodic and ad-hoc reporting and management information
Cash / debt / liquidity position.
Departmental performance, employee wellbeing (e.g. staff turnover, etc.)
Level of compliance / non-conformities
Qualifications, Education and Experience Requirements
CA and Academic level, master's in business economics, Business Administration or comparable
8-15 years of experience in accounting & financial management roles, manufacturing accounting preferred.
Preferably experience in a high-tech industrial organization
Capable to build and maintain effective and motivated teams.
Experience with implementing ERP systems
International working experience or experience in global operating companies
Fluent in English
Core skills:
Skills and ability for organizing and prioritization of variety of tasks. Able to motivate team to complete required reporting and tasks on time and accurately
Able to work with different stakeholder within the company and be influential.
Plans for Future Success: a flexible and innovative business style with the ability to address both current and
long-term needs
Able to demonstrate business acumen and commercial prowess.
An international outlook/multi-cultural understanding
Leads Through People: a team player with strong leadership qualities
Entrepreneurial
Find New Ways
Network Leadership
Managing vision and purpose
Strategic Agility
Building effective teams