Vice President- Finance & Accounts, Mumbai

Employer
Talent Leads Consultants
Location
Mumbai
Posted
Oct 03, 2024
Closes
Oct 29, 2024
Ref
4801655202
Level
Executive
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Consultancy, Corporate
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 Preferred Qualification:

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