Purpose of the Job
The Head of Finance is responsible to build & lead strong finance team in India, facilitate positive team spirit and is accountable for the full scope of financial activities in the country.
The ideal candidate shall have sound understanding of financial governance and controls. Be able to establish procedures and systems to streamline the internal controls and maintain the finance house in order
Key Areas of Responsibility (KAR’s)
·Strategy (and Ambition planning): Contribute to formulation and execution of the strategy delivery and development agenda
·Business Analysis and support: Support and challenge management to deliver their objectives based on concise analysis delivering actionable insights
·Planning & Rolling Forecasting: Own and drive an effective planning of rolling forecasting cycle that supports meeting business objectives nurturing cross-functional collaboration
·Credit management: Jointly (with commercial management) responsible for effective credit management properly balancing risk and reward
·Internal Control: Secure a strong internal control environment that meets global standards
·Capex & M&A project management: Critical review of Investment Proposals with approval authority; own the Investment Proposal process, set standards for high quality proposals aligned with global standards while supporting the organization in meeting these standards. Ensure on going capex project on time and on budget.
·Cost & Cash Management: Secure efficient use of resources including active pursuit of cost and working capital reduction opportunities in collaboration with line management while driving an overall cost & cash conscious business environment
·Transactional finance processes: Ensure efficient transactional finance processes
·Claims management: Supervises and controls the handling of claims in order to guarantee a balance between the financial (economic) risks and the costs of insurance
·Tax management: Ensures the handling of local tax matters in order to comply with relevant local tax rules and legislation.
·Treasury management: Ensure efficient local treasury management
·Finance Management: Manage and lead the Finance function; define and execute the finance functional development agenda
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