Senior Staff Accountant - Mumbai, India - AKIVA BUSINESS ADVISORS
Description
Assistant Finance and Accounts Controller
MISSION
To partner with the CFO, VP-Controller and Finance Team to build a best-in-class consolidator in home improvement, capable of implementing financial and accounting processes & maintaining accurate financials for purposes of internal + external reporting. Build an efficient, business-outcome driving finance function.
OUTCOMES
• Delivering Top Decile Performance at Scale – Finance strategy, systems and resources need to be able to scale to support strong organic and inorganic growth while also supporting the organization to achieve top decile performance on key business levers and metrics. Company operates prudently from a spending perspective; opportunities for savings are identified and captured.
• Finance is a Strategic Competency of the Company – Finance team serves as an active partner with executive team members in crafting a strategy that is consistent with the financial objectives of the company. Finance empowers the organization to make proactive and effective decisions by uplifting the financial and commercial acumen of our people, provision of 'smart reporting' and playbook for business optimization.
• Leadership & Culture – Coach, and lead a high-performing, collegial team of finance and accounting professionals that instill a culture of financial excellence and discipline across the Company. Serve as a partner and mentor for our Partner finance departments in helping them improve their accounting functions.
• Delivered Consistent, Timely Financial Reporting - Finance organization uses modern financial infrastructure and standardized process to efficiently and accurately close books and deliver the following:
o Consolidated Monthly: Flash report within 7 days of month, accurate to within 5% for revenue, EDITDA, and cash; full monthly report within 14 days after month end.
o Consolidated Quarterly: Flash report within 10 days of quarter end, accurate to within 5% for revenue, EDITDA, and cash; full quarterly report with commentary 21 days after quarter end.
o Annually: Support the consolidated Vertex audit, which will be completed by March 15th, to ensure a clean opinion with no material weaknesses.
• Systems, Processes and Controls – Work with Finance teams to learn and implement both current and future financials systems – Certinia, including the integration with non-financial systems (i.e., CRM)
• Audit Compliance – Mediate the audit process for all the entities with Internal/External Audit.
ACCOUNTABILITIES
Accountabilities
Strategic Planning & Analysis
• Empower the organization to succeed by (i) up-lifting the financial acumen of business leaders and project managers, (ii) instilling an enterprise value-added approach to reporting, dashboards and decision support tools and (iii) making sound investment decisions
• Know the established KPIs against which performance will be measured; assist partners in measuring and analyzing performance.
Financial Reporting
• Manage the monthly close process with the goal of driving material efficiencies allowing us to shorten our close to 5 business days
• Assist the finance teams in implementing new accounting system, CRM, field services, expense management and other financial systems effectively.
• Ensure disciplined monitoring and control of all KPIs and working capital needs
Business Performance / Cost Management
• Create culture of financial discipline that leads to prudence in spending. Know the key financial drivers of the business, and manage the business to those critical numbers w/ intensity. Proactively sound the warning bell if we're off-track on key drivers.
Finance, Risk and Administration
• Financial Planning
o Continuous 12mth+3mth outlook at end of each quarter
o Continuous 13-week cash flow model
• Assistance with Internal and External Audit
Executive Leadership and Culture
• Culture carrier for TTS to inspire growth mindset across the Company
• Bring confidence in knowledge of the business and assertiveness to engage with management on key issues
• Retain and develop finance team members
• Strong advocate for People First agenda with emphasis on up-lifting the financial and commercial acumen of existing and future leaders
Preparation and finalisation of monthly consolidated financials as per US GAAP.
• Review with Controller for monthly financials and other KPI to assess business performance.
• Analyse gaps against plans and provide analysis for management decision making.
• Preparing SOP and flow charts for process clarity and audit supporting.
• Interacting with auditors and resolve their queries.
Assist management in fund management and prepare projected financials for debt financing.
Prepare board deck with business insights and assist management in decision making.