Vice President/Head - Finance - Banking

Vice President / Head of Finance in Banking vertical

- Responsible to build the entire vertical & process for Finance domain from scratch.

- Present Finance and Accounting performance to the Board and optimize the company's financial performance and strategic position.

- Contribute fully to the development of company strategy across all areas of the business, challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers.

- Improve working capital efficiency and play a pivotal role in value creation and wealth creation.

- Managing the timely preparation and presentation of statutory books of accounts, financial statements and annual reports, ensuring conformance to regulatory accounting standards.

- Ensuring timely filing of returns such as TDS, Sales Tax, Excise, Service Tax and Income Tax as per the relevant acts & interfacing with Tax Auditors and regulatory authorities for assessments and remittances.

- Ensure that company financial systems are robust, compliant and support current activities and future growth.

- Ensure that the regulatory requirements of all statutory bodies are met.

- Provide relevant and timely financial reporting to management and stakeholders for better decision making.

- Maximize return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.

- Ensure organizational preparedness for changes in compliance, taxation and documentation requirements like GST. Identify and implement areas for Financial Process effectiveness.

- Coach and mentor team members to develop functional and cross-functional expertise.

Important points:

- Minimum 15 years of work experience in the areas of Finance with extensive experience in Banking industry.

- Good knowledge and grasp of banking practices, financial markets and products and awareness of the country financial landscape.

- Ability to make independent decisions with a strong sense of empowerment and leadership skills

- Must have high ethical standards, credibility and a commitment to best practices.

Success factor of the Job :

- Significant leadership experience gained with large teams.

- Strong analytical and dispute resolution skills.

- Effectively interact with the leadership at the bank and also with the Board as appropriate.

- Influence decisions with internal stakeholders in the bank.

- Curious and creative mindset

- Proactive and self-driven

- Process oriented

- Strategic thinking

- Business acumen

- Strong change management skills

- Good communication and presentation skills

Important Knowledge areas:

- CA with minimum master degree in Mathematics/Statistics/Finance/Economics

- Predictive analytics

- Advanced excel user

- Understanding of logistic regression models