Head – Financial Management/Planning & Control – BFSI

Financial Reporting:

– Overseeing the preparation of financial statements, including income statements, balance sheets, and cash flow statements.

Budgeting:

– Developing and managing annual and quarterly budgets for various departments or projects within the organization.

Financial Analysis:

– Conducting financial analysis to identify trends, opportunities, and potential risks.

Strategic Planning:

– Participating in the development of financial strategies and long-term financial planning.

Risk Management:

– Identifying financial risks and implementing strategies to mitigate them.

Internal Controls:

– Establishing and monitoring internal controls to safeguard assets and ensure compliance with financial regulations.

Audit:

– Coordinating and participating in financial audits, both internal and external.

Accounting and Statutory Compliance:

– General Ledger Management: Ensuring accurate and up-to-date record-keeping of financial transactions in the general ledger.

– Accounts Payable and Receivable: Supervising the accounts payable and accounts receivable processes, including vendor payments and customer collections.

– Tax Compliance: Managing tax compliance and ensuring that the organization meets all tax obligations.

– Compliance: Ensuring compliance with financial laws, regulations, and reporting requirements.

– Regulatory Reporting: Preparing and submitting required financial reports to regulatory authorities.

Fund Management:

– Cash Flow Management: Managing the organization’s cash flow to ensure it has enough liquidity to meet its financial obligations.

– In-depth knowledge of Banking Operations.

– Knowledge of EXIM transactions, letters of credit and receivable discounting.

– Investment Management: Making decisions about where to invest surplus funds to generate returns.

Team Management:

– Supervision: Leading and managing a team of finance and accounting professionals, including setting goals and performance evaluations.

– Training: Providing training and professional development opportunities for the finance and accounting team.

Communication:

– Stakeholder Communication: Communicating financial information and insights to senior management, board members, and other stakeholders.

– Financial Presentations: Preparing and delivering financial presentations to support decision-making.