Head - Finance - Media/Entertainment/Sports - CA

HEAD OF FINANCE

Job Description : Head Of Finance

- Royals Multisport Private Limited (Rajasthan Royals) is seeking a Head of Finance to join our growing team.

- The role is for all aspects of financial management operations at the Rajasthan Royals.

- It will also include the development and implementation of a financial strategy that supports and sits within the Royals' overarching business strategy and the ongoing development and monitoring of control systems to report accurate financial results.

- This is a leadership role reporting into the Chief Executive Officer and working closely with the organization's senior management team and the Chairman.

Ideal Profile :

- The ideal candidate will be responsible for financial management and contribute to the development of the company's strategic goals.

- As an integral member of our executive team, s/he will strengthen the processes and infrastructure needed for the substantial growth and evolution of our business.

- The ideal candidate will add insight to our operational metrics and continue to develop members of finance team.

- The ideal candidate will have a positive, 'can-do' mentality, ability to find ways round obstacles and willing to exploit all the available resources in order to accomplish objectives.

- S/he should have commitment to continuing improvement and change by the application of self-managed learning techniques, supplemented where appropriate by deliberate, planned exposure to external learning sources (mentoring, coaching, etc.) S/he must bring a proven capacity to inspire, lead and challenge people constructively, and be someone who readily assumes responsibility for driving financial performance and value-creation initiatives.

- S/He should have a tendency for innovation and a proactive approach in the development of an organization and have intellectual breadth to manage the financial goals and aspirations of Rajasthan Royals.

Qualification Required :

- Chartered Accountant

Experience Required :

- Qualified Chartered Accountant with 10+ years of proven experience as Head of Finance preferably from Media and Entertainment industry with strong affiliation with youth, sports industry, sports apparel and associated sub-sectors.

Skills / Competencies Required :

We are looking for a Head of Finance to lead a team and should have :

- Strong commercial acumen with the ability to communicate with and influence a complex range of stakeholders.

- Strong working knowledge of accounting principles.

- An analytical mind with a strategic ability.

- Detailed oriented who is prepared to invest in significant time in enhancing financial operations.

- In-depth knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.

- Experience in managing a finance function that includes financial accounting and reporting, risk management and control, policy development etc.

- Proven ability to analyze financial data and prepare financial reports, statements, and projections.

- Experience developing funding opportunities and generating additional income.

- Understanding of operational and strategic aspects of Tax, Compliance, Governance Framework preferably in a multi entity scenario.

- Excellent communication skills in a range of forums including public speaking.

Role Responsibilities :

- Leadership Lead and manage the finance team to ensure the franchisee meets all its financial obligations.

- Work closely with the CEO and stakeholders to ensure the timely and accurate provision of financial information to support ongoing business operations and provide decision support.

- Partner with CEO and management team to drive franchise value and ensuring that the finance angle is considered in all key business decisions.

- Represent the franchisee with external stakeholders including, auditors, banking partners, suppliers, commercial partners and the local community agencies.

- Oversee the approval and processing of day-to-day activities in the Finance department which include managing revenue, expenditure, budgets, payroll and audits.

- Serve as the management liaison to the board and audit committee effectively communicate and present critical financial matters at board of directors and committee meetings.

- Financial Acumen Responsible for the annual budget, reserves, annual operational and event budgeting process.

- Review and implement cost controls measures and establish and maintain appropriate internal controls and safeguards.

- Develop and manage all financial control and processes, in line with the business strategy, plans and processes, while ensuring adequate financial controls and discipline.

- Overseeing financial reporting, controls, coordinating audits (internal & external).

- Leading the budgeting, MIS, accounts & FP&A teams for the entire business.

- Timely production of weekly and monthly management reporting of P&L, cash flow, balance sheet and associated commercial.

Audit & Risk :

- Take ownership of the risk management process, reporting to the Audit, Risk and Governance committee.

- Liaise with statutory and internal auditor - for half yearly audits, , accounting regulators and regulatory bodies. provide information to auditors, shareholders and other stakeholders on a timely basis.

Compliance & Regulation :

- Understanding of cricket governance and a passion for the development of grassroots cricket.

- Ensure to enhance, such as adoption of clear reporting lines and disciplinary procedures, annual third-party compliance review/audit, adoption of policies on bribery, approval of contract partners GDPR/data protection policies, whistleblowing procedures, and initiatives with other teams to improve compliance across league.

- Ensure effective internal controls and management information systems are in place.

- Monitor changes in cricket regulations and policies, industry, and economy affecting the company's finance practices, assess the implications and develop / modify procedures and controls to ably respond to the situation.

Strategic :

- Review procedures relating to the preparation of the company's plans / budgets / forecasts and controls pertaining to key finance activities, monitor adherence to the relevant processes, policies and take timely action in case of deviations.

- Advise senior management peers on financial planning, budgeting, and other strategic financial matters.

- Strengthen the finance and accounts team that helps provide seamless and timely support to the business.

Stakeholder/Relationship Management :

- Represent the team with external stakeholders including, auditors, banking partners, suppliers, commercial partners and the local community agencies.

- Develop and manage relationships and effective communications with key stakeholders and business partners.

- Communication Skills Excellent communication skills in a range of forums including public speaking, and a willingness to communicate widely in a publicly visible role.

What we can offer you :

- Be part of the World's Leading Digital Venture Builder.

- Have the opportunity to be a part of and learn from the incredible diverse talent in BC.

- Be exposed to the right mix of challenges, within a culture that promotes continuous learning and development and opportunity to work with Gen AI.

- A fun and open, if a little cricket obsessed, atmosphere - we own the Rajasthan Royals IPL team!

- 24 days of annual leave, 6 floater leave and 4 public holiday days, maternity and paternity leaves.

- Private medical for you and your immediate family.