Posted By
Posted in
Banking & Finance
Job Code
1435954
HEAD OF FINANCE
Job Description : Head Of Finance
- 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.
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Posted By
Posted in
Banking & Finance
Job Code
1435954