Finance India Lead - IT - CA

About Our Client : A captive Technology Centre of a middle east country (Government Enterprise) set up in Pune since the year 2012 as subsidiary of a leading provider of Technology Services & Solutions in the middle east.

In a country known for its booming IT Industry Talents and professionals, this captive Tech centre boasts to provide high excellence talented IT professionals to enable servicing their customers effectively and timely in the middle east.

Roles & Responsibilities :

Strategic/Finance

- Oversee, review, and ensure adherence to budgets and conduct periodic financial review meetings on the same with department heads and other key stakeholders.

- Partner with business heads to develop and execute the India Centre's finance strategy.

- Develop accounting systems, procedures, and internal controls in partnership with priorities and strategies outlined by the Leadership team.

- Maintain financial models to provide forecasts of the India Centre' s future operations.

- Maintain and apply knowledge of trends, leading industry practices, regulatory changes, and new technologies in finance to guide India Centre financial strategy.

- Collaborate with internal teams to develop and implement effective tax planning strategies.

- Provide guidance on the financial impact of tax decisions and recommend courses of action to minimize tax liabilities.

- Financial Reporting: Assist in the preparation of financial statements, ensuring accurate representation of tax-related information.

- Analyze financial data to identify areas for improvement and implement strategies to optimize tax efficiency.

- Audit Support: Support internal and external audit processes related to tax matters.

- Respond to inquiries from tax authorities and assist in resolving any tax-related issues.

Operational:

- Supervise and support the Tax team with tax filing in compliance with all statutory requirements.

- Lead annual activities with regards to costing, audit, and estimation activities

- Review administrative expenditure vis-a- vis the approved budget at periodic intervals and if required, suggest remedial measures.

- Support the accounts teams and provide oversight with regards to vendor payments

- Supervise periodic internal audits of payments and account and support external auditors in ensuring compliance with legal and statutory requirements.

- Prepare monthly, quarterly, and annual balance sheet and profit and loss statements for senior management.

- Support the parent corp in intercompany reconciliation

Systems / Processes and Policies

- Periodically review financial exposures and risks and take appropriate proactive measures.

- Lead and execute process improvement initiatives within the department and improve efficiency through implementation of digital initiatives.

- People Nurturing: Responsible for the management of the Finance function including development,training, motivation, and workload planning, welfare, monitoring, staff recruitment, performance assessment and mentoring.

- Partner with business heads to enable them to achieve their goals while creating aculture of fiscal responsibility.

Education, Qualification & Work Experience:

- CA (Chartered Accountant) certification along with a degree in any discipline

- Alternatively, a Master's/PGDM or any equivalent degree in Finance, Economics or Accounting from a reputed university

- Total 8-10 years of experience in Finance and finance adjacent functions

- At least 5 years of handling taxation and budgeting particularly with regards to off-shore centers

- Must have prior experience with audit, risk management and tender procedures.