Head of Finance & Accounting

Job description

Responsible for Finance & Accounting of legal entity covering all locations. Position reports to CFO and has team of executives reporting on the position.

Accounting

• Ensuring completeness of accounting data taking into consideration requirements of Financial Reporting Manual and other Continental guidelines as well as local regulatory requirements
• Ensuring financial reporting in compliance with local GAAP and IFRS and also regulatory requirements
• Ensure accurate and timely sharing of accounting information to the Management for taking appropriate business decision Finance & Treasury:
• Planning requirements and deployment of funds
• Co-ordinating with Continental Corporate Treasury on deciding capital structure, sourcing of funds etc.
• Ensure better management of treasury for minimizing the cost of funding Audits:
• Review of preparation for IFRS audit, local statutory audits and tax audits
• Co-ordination with auditors
• Attending and responding to audit queries

Ensure Clean Audit report and on compliance Insurance

• Identifying risk areas requiring insurance cover
• Co-ordinating with Global team on selecting insurers
• Co-ordinating for Claim handling along with Logistics and other department Direct Taxation:
• Day-to-day tax compliance including matters like withholding tax, etc.
• Preparation and filing of annual tax return and withholding tax returns
• Attending queries from tax authorities . Representing company before tax authorities during assessment proceeding etc. . Identifying and implementing areas of tax planning, Transfer Pricing and other areas Credit Control & Accounts Receivables:
• Setting up of credit limits
• Monitoring overdue receivables position and follow up for collections
• Providing required information to corporate credit control Credit control:
• Ensure Internal control compliance in Finance processes and Systems
• Periodic review mechanisms of Risks and implementation of mitigation plan by bringing better internal control
• Creating more awareness across all functions on Internal Control Other Projects:
• M&A
• Integration projects
• Handling new expansion projects - green field/ brown field
• Business Planning for future years - long term

Qualifications

Education / Certification

C.A/C.P.

A Professional Experience

>20 years experience in the field of finance, accounting and taxation, Transfer pricing Project and/or Process Experience: Experience in SAP/similar ERP Leadership Experience: 5+ years leading a team Intercultural / International Experience: Should have the experience of handling and co-ordinating with Global managers across the world