Partner - Finance & Account - eCommerce

Finance and Account Partner

CANDIDATE PROFILE:

- MBA in Finance/ CA/ CFA 3/ Masters in a related field with excellent academic record with 10 years of experience in financial operations.

- Experience in eCommerce having export transactions is most desirable

- Proficient in accounting practices for international transactions, FEMA, Forex transaction compliances

- Strong understanding of market research technique, data analysis & statistics methods

- Strong Communication, Analytical & Interpersonal skills.

- Significant functional competence, and credible leadership experience, playing both operational and strategic roles in the finance arena.

- Proficient in MS Office and working knowledge of enterprise-level financial planning systems.

- Financial Management and Budgeting

- Ownership of strategic objectives for the BU through robust business strategy planning, supervising day to day operations of Finance (Treasury, Account Receivable, & Account Payable), Accounting (Fixed Asset, Financial Reporting) Budgeting, Forecasting & Taxation.

- Ensure effective financial management of the business.

- Responsible for performing all financial tasks necessary to achieve the organizational goals and execute growth plans.

- Develop financial management mechanisms that minimize financial risk.

- Conducting reviews and evaluations for cost-reduction opportunities.

- Oversee the management and coordination of all fiscal reporting activities including profit and loss reports, and monitoring of regional and cash flow budgets.

- Oversee and highlight the forex volatility and changes to bring to senior leadership focus and present plans to mitigate forex volatility

- Business partnering by working closely with BU to develop financial forecasts and operational goals, apply business and financial insights to assist with decision-making.

- Oversee all financial reporting, budgeting, general accounting (India & foreign), credit control, financial process & controls. Prepare future projections for the next 5 years.

- Responsible to prepare Annual Business Plan

- Ensure quarter wise distribution of the Business Plan and responsible for taking inputs from the Business Unit for Revenue Generation.

- Finalize the expenditure plan for various units

- Maintain equilibrium between projected expenditure and plan for CAPEX (Capital expenditure) and OPEX (Revenue expenditure).

- Allocation of Budget as per demand keeping in consideration old statistics and future contingencies. Ensure regular monitoring of Expenditures

- Verify and approve all the payments in the system and ensure evaluation of proposals which entails expenditure.

- Implement Manual & Systematic controls and ensure there are no statutory defaults.

- Efficiently manage all the respective stakeholders (Internal and External).

- Develop external relationships with appropriate contacts, e.g., auditors, solicitors, bankers and statutory organizations.

Account Payables, Receivables & Asset Accounting :

- Have oversight on accounts payable.

- Asset accounting and verification

- Revenue Assurance and internal financial controls

- Financial Reporting and Control

Banking & Taxation :

- Monitoring payments day to day liaison with the Payment Gateway Aggregator, Authorized distributor for FIRC

- Ensuring Payment of Taxes across geographies (Direct & Indirect) as per timelines, maintain TDS & KYC compliances, File returns, Challans, File IT returns and Compliance to FEMA. Ensure compliance on Equalization levy & foreign payments.

- Filing of GST returns & GST Audits and as per applicable foreign laws In operating countries

- Projections of Advance Tax Payments and ensure timely payments 4 times in a year.

Audit Management :

- Getting the financial statements of the BU audited by statutory auditors on a Quarterly basis.

- Identify the area for auditing and prepare an audit calendar for the financial year. Audit plan finalization, implementation of audit schedule.

Data Analysis :

- MIS & dashboards for management and stakeholders.

- Business analysis for the BU

- Highlight the discrepancies to the management which helps them in making decisions, suggest corrective actions.

- Ensure upkeep and maintenance of all data within the team and collaborate with technology team to ensure data security is maintained at the servers.

Team Development & Management :

- Set KPIs and evaluates effectiveness of departmental initiatives, making appropriate changes that encourage achievement of overall business goals.

- Review team's performance on Monthly Action Plan (MAP) designed for the team by each vertical/ service head and recommend actions/ feedback wherever necessary.

- Constant engagement with the team to motivate, develop their personnel growth opportunities and understand grievances.

- Provide constructive solutions as necessary.

- Facilitating healthy intra and inter departmental peer relationships in order to seamlessly achieve the company revenue targets.

Learning and Development :

- Improve skills and knowledge by attending regular training programs as per the training platforms and guidelines provided by the organization.

- Upgrade self and team with latest certifications in the area of operations.

- Encourage out-of-box thinking & work on new Initiatives to bring tangible benefit to the Organization.