Vice President - Finance & Accounts - Financial Services

JOB DESCRIPTION

Job Title: Vice President Department: Finance & Accounts

Reports to: Chief Financial Officer

Experience: Minimum 18 yrs. of relevant experience post CA qualification

Required Qualification: CA

Skill, Knowledge & Trainings:

- Excellent knowledge of Principles and practice of Accounting, Financial Reporting, Direct and Indirect Taxation (TDS, GST etc.), Financial Management, Costing and Commercial Aspects

- Excellent understanding of Financial Control systems and practices

- Good Knowledge of Corporate and Economic laws. Knowledge of laws related to Securities

- Markets will be added advantage.

- Good knowledge of MS Office suite, Accounting software, Fixed Assets software,

- Understanding of ERP Software would be an added advantage.

Core Competencies:

- Decision Making

- Ownership

- Commitment

- Leadership

- Problem Solving

- Conflict Resolution

- Analytical Thinking

- Accuracy

- Eye for Detail

Functional Competencies:

- Excellent understanding of Accounting Standards and practices

- Good understanding of law and practice of Income tax, GST,

- Should have Financial Analysis skills

- Efficient Presentation Skills

- Good Drafting, Communication & interpersonal skills

- Should have good Information Technology awareness

Job Purpose: The incumbent will have primary responsibility of managing day to day activities of Finance & Accounts function and Finance & Accounts team.

Area of Operation/Key Responsibilities:

- Financial Reporting in compliance with applicable Accounting Standards. Responsible for monthly/quarterly/yearly closing & finalization.

- Maintaining an appropriate and efficient Accounting System. Experience in development and implementation of ERP accounting systems development will be an added advantage

- Overseeing day to day activities of Accounting and Finance function including team of F&A professionals

- Financial MIS and Assisting Management with all the financial matters and decisions.

- Budgeting and Cost analysis support to the Management and other departments.

- Management of funds to meet the organization's needs and efficient deployment of surplus funds.

- Supervising Banking Activities including Current Accounts, SGL Accounts, Nostro Accounts and Custody Accounts.

- Supervising Accounting of Settlement operations and Membership transactions including daily reconciliation.

- Developing and maintaining systems of internal controls to safeguard financial assets of the organization

- Compliance with applicable Corporate laws, Commercial & Economic laws, Payment & Settlement Systems Act, RBI Directions etc.

- Compliance various Direct and Indirect taxation laws including fair understanding of law and procedures relating to Income Tax Act, DTAA, GST Act, etc.

- Interacting closely with Auditors (external and internal) for smooth and timely audit compliance.

- Overseeing sub-functions like Fixed Assets Management, Employee Benefits and Payroll Management, Bills Receivable, Bills Payable, TDS Compliance etc.

- Oversight of all the regulatory compliances pertaining to Finance & Accounting function.

- Managing and nurturing an efficient and expert Finance & Accounts team compatible with Organisation's needs