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    Dvara Solutions - Chennai, India - iimjobs

    iimjobs
    iimjobs Chennai, India

    2 weeks ago

    Iimjobs background
    Full time
    Description
    I. JOB DETAILS

    Position Title:
    Head of Finance


    Reports to:
    Group CFO


    Company:
    Dvara Holdings


    Location:
    Chennai

    II


    JOB PURPOSE :
    Managing all Finance activities for the Holdings Company, including supervision of Accounts/Tax and internal audits. Handle treasury for Dvara Holdings, including raising debt. Managing shared services of the Finance team by building a world class Centre of Excellence to the portfolio companies. Support the growth of group companies being incubated through strategic collaborations and continuous comprehensive process improvements.


    III

    KEY ACCOUNTABILITIES AND DELIVERABLES:

    • Oversee all income and expense related accounting including MIS and analysis
    • Build relationships for debt funding and interact with lenders to negotiate key commercial terms in company's interest; Follow up to ensure alltime compliance of debt covenants
    • Effective Treasury management to maximise yield on treasury funds and minimise cost of carry, where applicable.
    • Overview of vendor management and payments process including review of vendor agreements and performance
    • Review and monitor all tax related matters
    • Direct and Indirect taxes. Coordinate with tax consultants for various taxation matters relating to assessments and appeals and ensure rigorous implementation to minimise tax outflows and maximise tax refunds.
    • Manage and build a world class Centre of Excellence (CoE) for finance shared services to portfolio companies, be the proactive Finance Business Partner (FBP) for portfolio company leadership.
    • Build detailed business plans in consultation with business heads. Provide dynamic support to ever changing liquidity. Requirements at the Holding company.
    • Review the monthly MIS to be presented to the management with advanced analytics and pointers for focussed action
    • Compare budget on a monthly basis with the actual expenses and analyse the reasons for the variance, if any.
    • Review financial statements including consolidated financial statements prepared on periodic basisOverview of internal audit processes and internal controls with proactive process improvements as well as zero tolerance for repeat observations across Holdings and other group companies.
    • Handle statutory, tax and internal audits as per the audit schedule.
    • Manage regulatory and other compliances and ensuring that all statutes and laws and adhered to without exception
    • Hire, train and manage a team of skilled F&A executives
    • Assist the CFO in all other strategic matters including but not limited to strategic acquisitions, Due diligence, Valuations ,etc

    III. CANDIDATE PROFILE


    Educational Qualifications:

    • CA/CMA/ICMA

    Experience:

    • 10 years in Finance and Accounting

    Knowledge/Skills required:

    • Knowledge of GAAP
    • Understanding of taxation
    • Understanding of audit practices
    • Experience in working with an accounting system like SAP
    • Understanding of Company Law
    Competencies required - Ability to drive process and system automation

    • Process enhancement
    • Process orientation
    • Ability to multi task
    • People management
    • Stakeholder Management
    V. INTERFACE

    Internal - CEOs / CFOs of portfolio companies

    • Leaders within the Holdings structure
    External


    • Auditors
    • Lenders
    • Investors/Strategic Partners
    • Tax & Other consultants
    • Vendors and partners