Head - Finance & Accounts - CA

This position is based in Philippines.

Family Visa will be taken care of.

Position Title: Head - Finance & Accounts

Department: Finance & Accounts

Position the role reports to: Group Finance Head in India

Qualification & Experience Semi qualified CA with 5-6 Years of Experience / Graduate with 10-12 Years of Experience

Candidate Profile : 

- Self motivated and go getter.

- Needs to have excellent inter-personal and communication skills. Candidate needs to work closely and independently with various stake holders besides COO, HO finance team, external auditors, bankers.

- Should be able to partner COO in growing the business while ensuring proper control on financials.

Job Role & Responsibilities:

- MIS reports, Monthly flash.

- Keeping a tab on the profit margin.

- Review financial position every fortnight with the Business Head and draw out measures for cost effectiveness.

- Support Product, Operations and sales team for smooth functioning.

- Ensure Statutory Compliance.

- Functional understanding of commonly used accounting packages.

- Responsible and Accountable for adhering to company policies & all process

- Keep close tab on receivables, cashflow and collections.

- To focus on opportunities for automation of business process, MIS and system integration opportunities to improve operation efficiencies and reduce fixed overhead.

Primary function of the position

The primary objectives of this position is to:

- Provide detailed MIS, data analysis, reporting

- working capital and cashflow management; improve the business commercial performance by analysing results and recommending both strategic and operational areas for development,

- Ensure legislative compliance of all accounting principles and disciplines within the business

Major Responsibilities

Management Reporting:

- Manage the financial reporting system

- Produce accurate timely and meaningful financial management reports as specified by management team and any other reports as required

- Understand the financial legislative requirements of this of parent company and streamline reporting mechanisms to meet these requirements

- Provide business heads with the tools to budget / forecast on an annual basis

Budgeting : 

- Lead the annual budgeting exercise along with COO and establish clear financial goals for the year for the organization.

- Put in place Revenue, Expense and capital expenditure budget and monitor the same constantly.

- Ensure the budgets are adhered to and any variance is only after appropriate approval.

Accounting : 

- Develop and implement standard operating procedures to ensure controls are in place to mitigate fraud and negligent activity

- Ensure all policies, practices and frameworks are compliant

- Documented department procedures are in place and reviewed annually

- Accounting standards are maintained

Audit and Compliance : 

- Be responsible for coordinating the audit schedule

- Keep up to date with legislative changes and advise the business of how these requirements will be met

- Audit results demonstrate compliance with accounting standards

- Audit discrepancies are resolved with an action plan

- All legislative reporting timelines and rules are met - eg: tax, payroll etc)