Website CaptiveAide Advisory
Role Title: Director – Finance & Accounting
Location: Hyderabad, India
Industry: IT Services / Technology Consulting / Software
Position Overview:
We are seeking a hands-on Director, Finance & Accounting to lead controllership, accounting operations, and statutory compliance for our India entity.
In this high-impact leadership role within a dynamic, fast-paced environment, you will strengthen the local financial control framework, drive review discipline and process improvements, ensure timely compliance, and manage a team of 4 – 6 finance professionals. You will partner closely with global Finance, Tax, Legal, and HR teams to support seamless cross-border operations.
Key Responsibilities:
1. Controllership & Corporate Reporting:
– Design, document, and continuously refine the India financial controls framework (approval matrices, segregation of duties, review requirements, and supporting documentation).
– Lead month-end and quarter-end close processes to guarantee accurate, complete, and timely reporting.
– Deliver complete group reporting packages to global headquarters.
– Review balance sheet reconciliations, journal entries, flux analyses, and supporting schedules, promptly resolving any discrepancies.
– Establish standardized SOPs, close checklists, reconciliation templates, and a centralized compliance calendar.
– Oversee accounts payable, employee reimbursements, vendor bill approvals, and bank payments with stringent controls and independent review.
– Manage end-to-end AR, third-party and intercompany invoicing, collection monitoring, and billing dispute resolution.
– Direct intercompany accounting, reconciliations, confirmations, and settlement of differences with global counterparts.
– Lead statutory and internal audits from planning to closure, directing remediation and closing findings on schedule.
– Maintain a comprehensive finance risk register and escalate control, reporting, or compliance risks proactively.
– Direct, develop, and mentor a team of 4 – 6 finance professionals.
2. Vendor Management & In-Housing Transition:
– Manage relationships with external outsourced compliance and statutory accounting vendors, establishing scope, SLAs, and quality gates for tax, RBI/FEMA, and secretarial filings.
– Review vendor-prepared computations and filings prior to submission, holding final regulatory sign-off accountability.
– Monitor vendor performance against the compliance calendar, escalating delays, quality gaps, or regulatory notices.
– Formulate and execute a strategic transition plan to build in-house capabilities (hiring, systems, and training) to directly manage Income Tax, TDS, GST, RBI/FEMA, and Companies Act compliance.
– Re-scope, renegotiate, or exit external vendor contracts as compliance functions successfully move in-house.
3. Statutory Compliance:
– Review and approve Income Tax, TDS, GST computations, return filings, advance tax, assessments, and notice responses.
– Oversee RBI/FEMA filings and coordinate directly with banking partners and external legal/financial advisors as needed.
– Ensure end-to-end secretarial compliance under the Companies Act, 2013 (MCA filings, statutory registers, and board documentation).
Qualifications & Experience:
Required:
– Education: Chartered Accountant (CA) qualification is mandatory.
– Experience: 10+ years of progressive experience in accounting, controllership, and finance operations.
– Accounting Standards: Strong practical knowledge of Ind AS and US GAAP.
– Tax & Compliance: Direct hands-on working knowledge of Indian Direct Tax, TDS, GST, statutory returns, assessments, and regulatory notices.
– Audit & Controls: Proven track record in owning statutory/internal audits and establishing robust internal financial controls for a subsidiary of a US-listed public company.
– FEMA/RBI Knowledge: Working knowledge of RBI and FEMA regulatory compliance within a multinational / foreign-investment structure.
– Vendor Management: Demonstrated experience managing outsourced service providers, defining SLAs, and holding partners accountable for quality and timelines.
– Leadership: Proven experience managing small-to-mid-sized finance teams with strong English communication and stakeholder management skills.
Preferred:
– Background with a Big 4 or top-tier audit firm.
– Prior experience in IT Services, Technology Consulting, or Global Capability Centers (GCC).
– Hands-on experience with Enterprise ERPs such as Oracle NetSuite or SAP.
– Direct experience handling SOX compliance and public company internal control frameworks.
– Prior hands-on experience in secretarial compliance under the Companies Act, 2013.
To apply for this job please visit www.iimjobs.com.
Applying? Get your resume ready first: build or download your TCI resume.
