Head - Finance - Facility Service Management Firm

Looking for Finance Head for Facility Service Management Company in Bangalore.

Academics & Qualification

- Should have a master's degree in accounting or business administration (Finance). Preferably Chartered Accountant

Work Experience

- 15+ years of experience, including at least 5-7 years of leadership management experience in a business partnering / strategic decision support role

- Should have a strong background and specialization in Finance function, with an orientation towards Business Finance and Business Partnering

- Exposure to IPO handling experience with entrepreneurial setup will be an advantage

- Should have exposure to multi-cultural work environments

Functional Skills

- Excellent Communication Skills

- Proven ability for resolving conflicts /issues

- Strategic outlook, good commercial sense

- Organization and planning

- Ability to hire and lead - A- players, to develop team coach for performance and remove underperformers

Age and Gender

- Age: 35- 40 years

Responsibilities & Duties

Budgetary Planning

- Drive the annual budget process for timely completion and proactively monitor/drive for delivery of revenue and profit objectives

- Monitor and direct the implementation of strategies and key action steps in annual business plan

- Conduct meaningful proactive analysis to improve key business decisions Develop performance measures that support P & L delivery with an alert eye on cost management

- Regular monitoring of organisation's financial performance, enabling timely course correction through respective function colleagues

Financial Performance Management

- Proactively manage cash flow for smooth operation and working capital management

- Manage capital budgeting, communicate capital requirements/ implications of business decisions to CEO

- Grow equity value - increase gross profit and reduce debt.

- Manage Profit & Loss Accounts and Financial Management of the company.

- Lead the preparation of quarterly forecasts, monthly analysis and quarterly operating reviews, through timely and accurate MIS in relation to funding activities and deployment / utilization of funds

- Ensure compliance with local, state, and statutory budgetary reporting requirements

- Responsible for sourcing funds requirements to support Working Capital needs

- Recommend benchmarks for measuring the financial and operating performance

- Monitor and analyse monthly operating results against budget. Manage the preparation of all financial reports

- Manage the preparation of financial outlooks and financial forecasts

- Manage relationship with banks and financial institutions to ensure cost effective and preferential services for Handiman. Review credit rating periodically and develop mechanisms to ensure achievement of target credit rating

- Finalize templates for project costing and liaise with department heads to periodically review effort-cost associations; communicate rationale for project costing to concerned Heads of Departments

- Assist Management in the development of guidelines for investment of Handiman funds in line with financial risk management guidelines

Strategic Finance

- Provide useful financial insights to help make better decisions about formulating and executing long term business strategy

- IPO, Acquisition, mergers

- Financial and Strategic Planning in terms of Risk assessment, efficient internal control, Performance Management, Decision analysis and Risk Management

- Strategic Planning & Management - Part of the Senior Management team, contributing to the strategy formulation, resourcing, implementation and evaluation

- Develop and implement policies on the banking mix for project level and corporate level fund requirements

- Evaluation and guidance on new business opportunity and investment in new business projects

- Effectively manage sponsor, bank, board of director and financial advisor relationships

- Ensures efficient capital expenditures for minimizing taxes

Statutory Compliances

- Annual returns and filing

- Direct and Indirect taxation

- Develop financial and tax strategies

- Custodian of internal and external compliances

People Management

- Develop and coach existing team, proactively replace underperformers as needed

- Must have Operational control with the team through planning/review system

- Training and capability building and take complete operational control

- Foster an environment of learning, excellence and innovation within all aspects of team work