Vice President Finance

Job Description : VP FINANCE AND ACCOUNTS AUSTRALIA Open to International candidates Reports to: CEO & Managing Director. Role Description: Responsible to establish compliance with laid down policies, procedures, controls and reporting system and smooth functioning of Finance & Accounts function. Responsibilities include but are not limited to the following; Strategic - Be an objective voice on financial performance and contributes to operational decision-making wherever needed. - Advise leadership on implementing various measures for controlling cost, managing risk and maintaining liquidity. - Prepare short, medium and long-range financial forecasts by collaboratively with other management team members. - Assist in the preparation of business plans and financial forecasting for different ventures as and when being considered by the Company. - Guide the company works within approved budgetary targets. - Aid in development and implementation of cost saving measures contributing to top line and bottom line. - Responsible to planning/ guidance, execution and management of all accounting functions/ operations such as AR/ AP/ Cost & revenue accounting/ period end closure/ inventory accounting, etc. - For all businesses of the company. - Active involvement in budgeting and timely highlighting variances. - Assist the senior management (MD/SVP) in providing correct financial & operation information to assist them better strategic/ operation future plans. - Provide strategic support and inputs in improving efficiency in terms of cost & functional productivity to different business functions. - Assist in developing and documentation of business policies/ procedures for smooth operations of F&A function that is fully compliant with all internal/ external regulations and requirements. - Highlight any process/ control gaps during the course of normal operations and develop measures to mitigate the same. - Sustain the newly implemented ERP environment. Operational - Define standards, policies, procedures, measures, and organizational enhancements to meet company goals for short and long term finance. - Responsible for maintaining overall controls over all financial transactions and accounting matters, including audit systems. - Responsible for preparation of financial reports and briefings including tax returns, company filings, and 100% compliance with regulatory requirements on reporting and disclosure. - Ensure that all financial matters are in line with applicable regulatory and ethical accounting practices. - Responsible for company insurance, licensing, contracts, supplier relationships, and import-export requirements. - Advise in managing cash flows and invest excess funds to achieve the most lucrative rate consistent with company policy. - Ensure that complete and accurate supporting information for all financial transactions is documented and maintained. - Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll. - Develop, strengthen and maintain financial accounting systems for cash and bank, accounts payable, accounts receivable, acquisitions, petty cash, fixed assets management etc. - Ensure timely preparation and circulation of reconciliation of bank and loan accounts. - Monitor the preparation of cash flow statement and forecasts in accordance with the company policy. - Develop and implement policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation. - Manage the acquisition of fixed assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate. - Supervise the General Ledger accounting work to ensure that all revenues and costs are correctly allocated and monitored. - This will include the preparation of regular reconciliations of accounts and its subsequent reporting. - Ensure compliance with Direct and Indirect Taxes, FEMA and related statutes. - Coordinate internal and external audits. - Coordinate with tax authorities and bankers. - Handling financial operations for overseas subsidiaries. - Handling international banking and trade operations for Indian and Overseas entity. Reporting and monitoring - Coordinate preparation for external audits and filing of tax return and ensure proper maintenance of accounting records and documentation in compliance with statutory requirements and Company policies. - Ensuring that the regulatory requirements of all statutory bodies are met regarding all the companys financial affairs. - Regularly monitor and work closely with management in taking timely action to ensure that budgets and financial plans stay within approved levels. - Responsible for timely development & circulation of accurate financial statements and other reports as required by stakeholders in line with the applicable accounting standards & applicable laws. - Responsible to ensure that all F&A functions maintain necessary documentation/ records. - Provide various MIS/ ad-hoc report to management as per requirements. - Responsible for recruitment, training /development and job allocation of all positions reporting to the incumbent. - Ensure development of healthy and progressive working culture within the team. Skills and Requirements - Qualification of Chartered Accountant is a preferred. - 18 -25 years of post-qualification experience in finance and accounting. - Must have experience of handling team size of at least 8-10 people. - Excellent written and verbal communication skills with demonstrated leadership abilities. - Must have worked in ERP environment. - Experience in art industry is preferred. - Ability to interact with stakeholders, internal and external, is essential. - Strong finance-based analytical skills. - Ability to work under pressure and to deadlines. - Ability to maintain confidentiality discreet and trustworthy.

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