AddressThe role will include deep functional expertise in the following areas:
Controllership:
- Ownership of financial reporting and ensuring accurate and timely financial reporting
- Creation and maintenance of robust accounting and MIS system
- Oversee the preparation of financial statements, such as balance sheets, income statements, and cash flow statements, in compliance with accounting standards and regulatory requirements.
- Direct and Indirect taxes exposure and working knowledge are essential. Extensive knowledge of Income Tax, Tax withholding, GST etc.,
- Strong over-sight on budgeting, cost control, cash flow management and financial compliance
- Establish and maintain effective internal control systems to safeguard assets, prevent fraud, and ensure the accuracy and integrity of financial records.
- Assess financial risks and implement effective Internal Control over Financial Reporting and mitigation of risks.
- Overseeing the internal audit function and implementing the suggestions and recommendations of the internal audit.
- Coordinating with statutory auditors and providing them with timely data, resolving their queries to enable the audit to be completed within the timelines set by the Board.
- Build, groom and manage the team to deliver expectations.
- Upscale the team's knowledge of the dynamic changes in regulation and compliance requirements
Business Finance & Budgeting and Planning:
- Seek data inputs from various stakeholders to make budgets and forecasts, develop financial projections, set performance targets, and allocate resources effectively.
- Provide timely MIS.
- Create a real-time financial dashboard for management and department heads to provide insights into business/ department heads to monitor performance against established goals.
- Assess financial performance, analyse trends, and identify opportunities for growth and improvement.
- Closely work with CEO and COO to evaluate investment decisions, mergers and acquisitions, capital structure, and financing options.
Technology and Automation:
- Drive automation and adoption of technology to streamline financial processes, improve efficiency, and enhance controllership functions.
- Evaluate and implement financial systems, data analytics tools, and digital solutions to optimise financial operations and reporting accuracy.
Compliance and Regulatory Matters:
- Effectively manage the demands of the Board and other committees set up by the Board or Investors.
- Ensure compliance with financial laws, regulations, and reporting requirements imposed by regulatory bodies and bring to the notice of the Board any non-compliances, litigations and the financial impact of such issues.
- Stay updated with changes in accounting standards and tax laws and ensure adherence to them.
- Effective management of regulatory authorities relating to any compliance issues
Due Diligence, Fund Raising & Investor Relationships:
- Due diligence, participating in fund-raising initiatives along with CXOs, responding to and analysing inbound PE interest and investor queries, etc.
- Manage relationships with investors, analysts, and the financial community.
- Communicate the company's financial performance, strategy, and outlook to stakeholders through financial reports, investor presentations, etc
- Provide accurate and transparent information to maintain investor confidence and support capital-raising activities.
