[ref. q61574902] Assistant Vice President- Finance, India

The role requires close collaboration with the global finance team to ensure compliance with local and international accounting standards. Additionally, the incumbent will play a strategic role in scaling the finance function in India to support global operations.

Key Responsibilities:

1. India Accounting & Compliance:

• Oversee all financial reporting, accounting, and approval processes in India as per local regulatory requirements.
• Ensure statutory compliance, including tax filings (GST, TDS, Income Tax) and regulatory submissions.
• Manage audits, liaise with external auditors, and implement best practices in financial reporting.
• Maintain accurate financial records and ensure timely closure of books.

1. Client Reconciliation, FX Booking & Safeguarding:

• Fully take over the client reconciliation process, ensuring accuracy and timeliness.
• Oversee FX booking and safeguarding processes, ensuring compliance with internal controls and regulatory standards.
• Improve reconciliation methodologies and develop best practices to enhance efficiency.
• Provide timely insights and reports to senior management on reconciliations and safeguarding.

1. Financial Planning & Analysis:

• Develop and monitor budgets, forecasts, and financial plans to support business objectives.
• Analyze financial performance, identify trends, and provide insights to management for strategic decision-making.
• Evaluate investment opportunities and provide recommendations to optimize returns.

1. Internal Controls & Audit:

• Establish and maintain robust internal controls to safeguard company assets and ensure the integrity of financial records.
• Coordinate internal and external audits, address findings, and implement corrective actions.
• Continuously assess and improve accounting procedures to enhance efficiency and compliance.

1. Tax Planning & Compliance:

• Oversee tax planning strategies to minimize tax liabilities and ensure compliance with local and international tax laws.
• Prepare and file tax returns, manage tax audits, and stay updated on changes in tax regulations.

1. Cash Flow Management:

• Monitor and manage cash flow to ensure adequate liquidity for operational needs.
• Optimize working capital by managing receivables, payables, and inventory levels.

1. Financial Systems Management:

• Oversee the implementation and maintenance of financial systems and software.
• Ensure data integrity and accuracy in financial reporting.

1. Team Leadership & Development:

• Strategize and develop a finance team in India to support international accounting functions.
• Lead, mentor, and develop the accounting team to enhance their skills and performance.
• Foster a collaborative and high-performance work environment.

Requirements

Key Requirements:

• Qualified Chartered Accountant (CA) with 8-10 years of post-qualification experience.
• Strong experience in financial reporting, regulatory compliance, and reconciliation.
• Prior experience in forex, payments, financial services, or banking is preferred.
• Deep understanding of India’s financial regulatory landscape and international accounting principles.
• Proficiency in accounting software (SAP, Oracle, Tally, QuickBooks, or similar tools) and MS Excel.
• Strong analytical, problem-solving, and leadership skills.
• Excellent communication skills to liaise with global finance teams and senior stakeholders.

Key Skills:

• Adaptability & Proactiveness: Ability to navigate a dynamic, unstructured & growing financial environment and drive process improvements.
• Integrity & Ethical Judgment: Uphold the highest standards of financial integrity and regulatory compliance.
• Time Management & Prioritization: Efficiently manage multiple deadlines and responsibilities.
• Leadership & Team Management: Ability to mentor, guide, and build a high-performing finance team.
• Analytical Thinking: Strong problem-solving skills to analyze financial data and make strategic decisions.
• Attention to Detail: High accuracy in financial reporting, reconciliations, and compliance processes.
• Communication & Stakeholder Management: Clear and effective communication with senior management, regulatory authorities, and global teams.

• ESOP Participation for high performers
• Paid Annual Leaves + Public Holidays as per local in-country norms
• Birthday Holidays
• Group Medical Coverage as per local in-country norms
• 2 days annually to volunteer for an initiative or charity
• Annual company Unplugged Week