Marwadi Chandarana - Group Head - Accounts - CA

Group & Company Details:

Marwadi Chandarana Intermediaries Brokers Private Limited is a conglomerate between Marwadi Group and Chandarana Group. Marwadi Chandarana Intermediaries Brokers Private Limited (MCIBPL) is an inception of MSFL and CIBPL. Marwadi Chandarana Intermediaries Brokers Private Limited is an entity promoted by Marwadi Shares and Finance Limited and Chandarana Intermediaries Brokers Private Limited.

Marwadi Chandarana Intermediaries Brokers Private Limited has been incorporated on 09th August, 2018 to carry on business as brokers, merchant bankers and to arbitrage between various stock exchanges in securities (including Government Securities), shares, derivative instruments, commodity and currency market. Both group (i.e.Marwadi and Chandarana) have more than 35 Company and 5 LLP.

The Marwadi Chandarana Group comprises companies committed to excellent service, expert knowledge, and integrity. They excel in stock brokerage, merchant banking, depository services, trading, financial advisory. Additionally, the group invests in higher education and solar energy, showing dedication to growth and innovation.

Role: Group Head Accounts

Reporting To: Group CFO

Work Location: Rajkot, Corporate office

Qualification: Chartered Accountant with minimum 10 years of work experience.

Key Responsibilities:

Financial Reporting:

- Supervise the preparation of financial statements, including income statements, balance sheets, and cash flow statements.

- Ensure timely and accurate monthly, quarterly, and annual financial reports.

- Manage the preparation of statutory accounts and ensure compliance with relevant accounting standards and regulations.

- Review financial data to ensure accuracy and compliance with internal policies.

Accounting Operations:

- Oversee the day-to-day operations of the accounting department, including accounts payable, accounts receivable, payroll, and general ledger functions.

- Ensure the implementation and maintenance of robust internal controls and processes.

- Manage the consolidation of accounts across the groups subsidiaries or business units.

- Coordinate with external auditors and manage the audit process.

- Provide financial forecasts to support business decision-making and strategy.

Compliance and Risk Management:

- Ensure compliance with financial regulations and laws.

- Monitor and mitigate financial risks

- Implement and maintain compliance with tax regulations, including GST, income tax.

Team Leadership:

- Lead, mentor, and develop the accounting team across the group.

- Foster a culture of continuous improvement and excellence within the accounting function.

- Manage recruitment, training, and performance appraisal for the accounting staff.

Systems and Process Improvement:

- Identify and implement improvements in accounting processes, systems, and software.

- Ensure efficient and effective use of accounting technology and tools across the group.

- Drive automation and process optimization initiatives to enhance financial reporting and operational efficiency.

Strategic Financial Management:

- Provide financial insights and recommendations to the CFO and senior management team.

- Support the CFO in financial planning, capital allocation, and investment decisions.

- Participate in strategic projects, such as mergers and acquisitions, divestitures, and restructuring activities.

Stakeholder Management:

- Liaise with internal and external stakeholders, including auditors, tax advisors, regulators, and banks.

- Provide financial insights and reports to support business units and departments within the group.

Key Competencies:

- Thorough understanding of financial principles, accounting standards, and regulatory requirements.

- Strong analytical skills and the ability to interpret complex financial data and trends.

- Excellent leadership and interpersonal skills, with the ability to communicate effectively with stakeholders at all levels.

- Strategic thinker with the ability to develop and execute financial strategies to support business objectives.

- Detail-oriented with a commitment to accuracy and integrity in financial reporting and analysis.

- Proficiency in financial software and Microsoft Office suite.

- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.