Director - Financial Control (15-20 yrs) - Mumbai, India - iimjobs

Description

Position - GM/Director - Finance Controller

Location - Mumbai - Kalaghoda

Working Days - Monday to Saturday (2nd and 4th and Sunday - Not working )


COMPANY HAS VEGETERIAN AND NON VEGETERIAN PLANTS
Travel - Company has 10 Plants across Pan India, you may have to Travel to Plants also.


Educational Requirements:

• Graduate
• Commerce + Chartered Accountant
• Bachelor's degree in finance, Accounting, or related field. CA is Mandatory

Experience:

• 15 to 20 Years of Experience in the Finance and Accounts
• 15 to 20 years of progressive experience in finance and accounting roles

Competencies/Skills Required:

• Extensive experience in managing financial operations for organizations with financials > $500 million.
• Indepth knowledge of INDAS and IFRS.
• Proven experience in Balance Sheet closure, statutory audits, demerger, restructuring, banking, and leading business units.
• Strong leadership and communication skills.
• Ability to work in a dynamic, multinational environment.
• Strong analytical and problemsolving skills.

Job Purpose:

We are seeking an experienced and highly skilled financial professional to join our team as the General Manager / Director of Finance (Financial Controller).

The ideal candidate will have a proven track record of managing financial operations, extensive experience in INDAS, IFRS, and a strong understanding of various financial aspects including Balance Sheet closure, statutory audits, business understanding, demerger, restructuring, and consolidation of group books.

The candidate should have successfully managed financials of exceeding $500 million.


Key Responsibilities:

• Financial Reporting and Compliance:
• Oversee the implementation and adherence to INDAS and IFRS standards.
• Ensure accurate and timely preparation of financial statements in compliance with regulatory requirements.
• Collaborate with internal and external stakeholders to address any compliancerelated issues.

Balance Sheet Closure:

• Lead the timely and accurate closure of monthly, quarterly, and annual financial statements.
• Coordinate with various departments to gather necessary financial data for reconciliation purposes.

Statutory Auditor Management:

• Manage relationships with external auditors and ensure a smooth and efficient audit process.
• Address audit findings and implement corrective actions as necessary.

Business Understanding:

• Develop a deep understanding of the company's operations, market dynamics, and industry trends.
• Provide financial insights and analysis to support strategic decisionmaking.

Demerger and Restructuring:

• Demonstrate a successful history of leading demerger and restructuring initiatives.
• Collaborate with crossfunctional teams to execute demerger and restructuring plans.

Consolidation of Group Books:

• Lead the consolidation of group financials, ensuring accuracy and compliance with accounting standards.
• Implement best practices for financial consolidation processes.

Financial Management:

• Oversee budgeting, forecasting, and variance analysis.
• Implement cost control measures and identify opportunities for financial optimization.

Banking

Experience:

• Manage relationships with banking partners and financial institutions.
• Oversee Accounts Payable , Accounts Receivable and Payments to vendor etc

Leading Business Unit:

• Provide financial leadership to a specific business unit within the organization.
• Collaborate with business leaders to drive financial performance and strategic objectives.

Team Leadership:

• Build and lead a highperforming finance team.
• Provide mentorship and guidance to team members.
• Manage and optimize financial resources to support strategic objectives.
• Implement financial controls and risk management practices.

Key Performance Indicators (KPIs)

• Financial Reporting and Compliance
• Balance Sheet Closure
• Statutory Auditor Management
• Demerger and Restructuring
• Consolidation of Group Books