Vice President - Mumbai, India - iimjobs

    iimjobs
    iimjobs Mumbai, India

    Found in: beBee S2 IN - 1 week ago

    Iimjobs background
    Full time
    Description

    JOB DESCRIPTION

    Job Title:

    Vice President Department:
    Finance & Accounts

    Reports to:
    Chief Financial Officer

    Experience:
    Minimum 18 yrs. of relevant experience post
    CAqualification


    Required Qualification:

    CA

    Skill, Knowledge & Trainings:

    • Excellent knowledge of Principles and practice of Accounting, Financial Reporting, Direct and Indirect Taxation (TDS, GST etc.), Financial Management, Costing and Commercial Aspects
    • Excellent understanding of Financial Control systems and practices
    • Good Knowledge of Corporate and Economic laws. Knowledge of laws related to Securities
    • Markets will be added advantage.
    • Good knowledge of MS Office suite, Accounting software, Fixed Assets software,
    • Understanding of ERP Software would be an added advantage.

    Core Competencies:

    • Decision Making
    • Ownership
    • Commitment
    • Leadership
    • Problem Solving
    • Conflict Resolution
    • Analytical Thinking
    • Accuracy
    • Eye for Detail

    Functional Competencies:

    • Excellent understanding of Accounting Standards and practices
    • Good understanding of law and practice of Income tax, GST,
    • Should have Financial Analysis skills
    • Efficient Presentation Skills
    • Good Drafting, Communication & interpersonal skills
    • Should have good Information Technology awareness

    Job Purpose:

    The incumbent will have primary responsibility of managing day to day activities of Finance & Accounts function and Finance & Accounts team.


    Area of Operation/Key Responsibilities:

    • Financial Reporting in compliance with applicable Accounting Standards. Responsible for monthly/quarterly/yearly closing & finalization.
    • Maintaining an appropriate and efficient Accounting System. Experience in development and implementation of ERP accounting systems development will be an added advantage
    • Overseeing day to day activities of Accounting and Finance function including team of F&A professionals
    • Financial MIS and Assisting Management with all the financial matters and decisions.
    • Budgeting and Cost analysis support to the Management and other departments.
    • Management of funds to meet the organization's needs and efficient deployment of surplus funds.
    • Supervising Banking Activities including Current Accounts, SGL Accounts, Nostro Accounts and Custody Accounts.
    • Supervising Accounting of Settlement operations and Membership transactions including daily reconciliation.
    • Developing and maintaining systems of internal controls to safeguard financial assets of the organization
    • Compliance with applicable Corporate laws, Commercial & Economic laws, Payment & Settlement Systems Act, RBI Directions etc.
    • Compliance various Direct and Indirect taxation laws including fair understanding of law and procedures relating to Income Tax Act, DTAA, GST Act, etc.
    • Interacting closely with Auditors (external and internal) for smooth and timely audit compliance.
    • Overseeing subfunctions like Fixed Assets Management, Employee Benefits and Payroll Management, Bills Receivable, Bills Payable, TDS Compliance etc.
    • Oversight of all the regulatory compliances pertaining to Finance & Accounting function.
    • Managing and nurturing an efficient and expert Finance & Accounts team compatible with Organisation's needs