Head - Finance & Accounts - IT SaaS Industry

Head - Finance & Accounts

Job Title: Sr Manager - Finance & Accounts

Employment Type: Full Time Location: Bengaluru Experience: 10 - 15 Years

Formed in 2006, Our Client is a Premier Google Cloud Partner, headquartered in Bengaluru, Karnataka. They work closely with their customers globally and help them solve problems and achieve their business goals with the right Google Cloud Solutions. This has helped them gain more than 2,500+ customers so far, and they believe that the journey has only started. They are on a mission to enable superior Digital and Cloud solutions that induce positive change and innovation for their customers.

About the role:

As the Senior Manager - Finance & Accounts, you will play a pivotal role in ensuring the financial integrity, compliance, and strategic direction.You will lead a team of finance and accounting professionals, driving excellence in financial operations and providing valuable insights to support key decision-making processes.

Key Responsibilities:

- Strategic Financial Planning : Support in building financial strategy through research that aligns with the company's goals and objectives. Provide financial insight and recommendations to the CEO and senior management team.

- Budgeting and Forecasting: Lead the annual budgeting process and manage monthly and quarterly financial forecasting. Monitor financial performance against the budget and provide regular updates to stakeholders.

- Financial Reporting: Oversee the preparation and presentation of financial statements, including income statements, balance sheets, and cash flow statements, Dashboards and Automation. Ensure compliance with accounting standards and regulatory requirements.

- Cash Flow Management: Monitor and manage the company's cash flow, ensuring sufficient liquidity to meet operational needs and strategic investments.

- AP & AR: Proficiency in managing Accounts Receivable (AR) and Accounts Payable (AP) processes & Taxation ensuring accurate recording, timely reconciliation, and effective communication with vendors and clients

- Statutory Compliances & Taxation: Proficiency in managing Taxation & Statutory filing.

- Cost Management: Identify opportunities for cost reduction and efficiency improvements. Implement and monitor cost control measures.

- Revenue Recognition: Ensure accurate and timely revenue recognition in accordance with applicable accounting standards.

- Financial Analysis: Conduct financial analysis to support decision-making, including profitability analysis, ROI calculations, and financial modeling.

- Risk Management: Identify financial risks and develop mitigation strategies. Ensure appropriate insurance coverage and risk management policies are in place.

- Investor Relations: Manage relationships with investors, banks, and other financial stakeholders. Prepare and present financial information to investors and board members.

- Team Leadership: Lead and mentor the finance team, fostering a culture of continuous improvement and professional development. Ensure the team has the resources and support needed to succeed.

Who we are looking for:

- Education: Bachelor's degree in Finance, Accounting, or a related field + full time MBA or M.Com.

- Experience: Minimum of 12 years of experience in finance, with at least 3 years in a leadership role within the IT SaaS industry (Cloud Industry preferred)

- Who has Handled Financial role where processes and practices were implemented

- Experience in understanding foreign market business

- Technical Skills: Proficiency in financial management software, ERP systems, and advanced Excel skills. Knowledge of SaaS metrics and revenue recognition principles.

- Complete understanding of the customer invoicing process.

- Leadership Skills: Strong leadership and team management skills. Ability to inspire and motivate the finance team.

- Analytical Skills: Excellent analytical and problem-solving skills. Ability to interpret complex financial data and provide actionable insights.

- Communication Skills: Strong verbal and written communication skills. Ability to present financial information clearly and concisely to non-financial stakeholders.

- Interpersonal Skills: Ability to build strong relationships with internal and external stakeholders. Collaborative and team-oriented approach.

- Attention to Detail: High level of accuracy and attention to detail in financial reporting and analysis.