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Head Finance And Accounts

For a client of TeamLease Services Ltd
Experience : Freshers
Education : CA
Location : Mumbai, Navi Mumbai
Per Year: Rs. 30,00,000 - Rs. 45,00,000
Job Role : Accountant
Posted on 29 Jul 19
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Job DescriptionLast Date 27 Sep 19


1.  Strategy- Define and establish Foundations Strategy & vision for the finance function as a proactive business partner to the CEO Foundation. Contribute to assist CEO Foundations and team in building Strategic Objectives and Operating Model in line with Foundations vision and mission.

2. Processes & Systems- Establish best in class IT enabled financial systems and processes covering all finance functions and departments as required namely General Accounting, Risk Management, Treasury, Commercial (purchases & payables),Budgeting, Cost Accounting, Taxation, Finance Control etc. Replication and standardisation of systems and processes across business verticals. Check system anomaly and provide corrective course of action.

3.  Treasury & Working Capital- Raising and deployment of funds with smooth cash flow is vital to the success of Foundations core purpose. Currently Foundation is funded internally but in future may decide to raise external funding for its project requirements. Hence establishing and maintaining positive relationships with banks, investment analysts, and other financial institution specially for raising working capital and capital for projects is crucial.

4.  Planning & Budgeting- Define long term budgetary planning and cost management objective and principles. Oversee and lead annual planning and budgeting process with CEO and other key operations team members. Administer and review all financial plans and budgets, monitor progress and changes and inform CEO and board at critical juncture.

5.  Accounting & Reporting- Lead and direct a team of professionals for timely and accurate preparation of organisation’s financial reports, such as profit and loss accounts, balance sheet, management financial reports, and regulatory reports and filings and presenting it to management and Board as required. Consolidate results across business and verticals as required. Identify innovative means for cost reduction, efficiency improvement, strengthening systems and process and building leadership capabilities across team members.

6.  Project Planning & Financing- Check, analyse and advise top management team on financial viability of various projects and financial agreements and options backed with data, analysis and sound financial logic. Evaluate proposed business activities and transactions such as acquisitions, investments, capital expenditure or the sale of assets to ensure they are financially viable.

7.  Commercial- Develop a robust procurement and contract management system along with robust bills payment process. Evaluate long term commercial viability of key vendors assisting operations team in vendor development process.

8.  Audit, Risk Management and Compliance - Coordinate and lead the annual audit process liaise with external auditors. Assess recommendations and make necessary changes. Establish internal process control norms and adequate checks. Safeguarding organisation existing assets and de-risking new projects. Compliance on all Accounting & legal standards and regulatory requirements.

9.  Policy Advocacy- Representing the organisation in various forums and Presenting relevant financial results, analysis, findings, forecasts and researches to Promoters, Board of Directors, Financial Institution and other key stakeholders as and when required.

10.Managing Internal & External Stakeholders- Continuous engagement with Internal and external stakeholders for collaborating on key strategic initiatives and activities such as CPC, Internal Audit, Business Vertical Finance and commercial, Investor relations, taxation, financial institutions, Bankers, Legal Counsels and Investors etc.

Team Leadership-Lead, direct, evaluate, and develop financial staff to ensure the organisation's accounting activities are conducted accurately, ethically, consistently and according to relevant regulations, laws, and standards.

Job Type : Full Time
Company Description
TeamLease Services established in 2002, is one of India's leading human resource service companies in the organized segment. A Fortune 500 company listed on both NSE & BSE markets, with eight offices and 1400 clients across the country. The company at present has about 100,000+ live associates/ trainees spread across the country and have till date given employment to 1.5+ million people with an aim to hire millions more.
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