Job Description of VP Finance
| Job Title |
VP - Finance |
| Location |
Minto Park, Kolkata |
| Reporting To |
MD |
| Experience |
10 Years + |
Job Overview
We are seeking an experienced and strategic Vice President of Finance to
lead and manage the financial operations of the organization. The ideal
candidate will have a proven track record of leadership in finance with
over 10 years of experience, including expertise in financial strategy,
risk management, financial reporting, budgeting, and team leadership. As
the VP of Finance, you will be a key member of the executive team,
responsible for shaping the financial direction of the company, optimizing
financial performance, and ensuring compliance with financial regulations.
Key Responsibilities:
1. Strategic Financial Leadership:
-
Lead the finance team and collaborate with other senior executives to
define and execute the company’s financial strategy.
-
Advise the executive team and board of directors on financial
performance, opportunities, and risks.
-
Develop long-term financial goals and strategies to enhance
organizational growth and profitability.
-
Ensure financial strategies align with overall company objectives and
market conditions.
2. Financial Planning & Analysis:
-
Oversee the creation and management of annual budgets, financial
forecasts, and long-term financial planning.
-
Lead financial modeling, performance analysis, and budgeting processes
to ensure that financial goals are achieved.
-
Conduct variance analysis and interpret financial results to provide
insights for decision-making.
-
Drive continuous improvement in financial forecasting and budgeting
processes.
3. Financial Reporting & Compliance:
-
Ensure timely and accurate financial reporting, including quarterly and
annual financial statements, management reports, and regulatory filings.
-
Oversee all accounting functions to ensure compliance with GAAP
(Generally Accepted Accounting Principles), IFRS, and tax regulations.
-
Ensure compliance with all financial regulatory requirements and manage
audits and tax filings.
4. Cash Flow & Capital Management:
-
Manage cash flow and working capital to ensure the company’s financial
stability and operational efficiency.
-
Optimize the company’s capital structure, making strategic decisions
related to debt, equity, and investment.
-
Oversee treasury functions, including cash management, banking
relationships, and funding strategies.
-
Oversee fund management, liquidity planning, and cash flow optimization.
-
Liaise with investors, lenders, and financial institutions to secure
funding.
5. Risk Management & Internal Controls:
- Identify financial risks and develop strategies to mitigate them.
-
Oversee the implementation of internal controls, ensuring the
safeguarding of company assets and accurate financial reporting.
-
Ensure the company maintains an effective risk management framework,
including insurance, compliance, and audits.
6. Team Leadership & Development:
-
Lead and mentor a team of finance professionals, fostering a
high-performance culture and providing opportunities for growth and
development.
-
Ensure the finance department operates efficiently, setting clear
objectives and providing ongoing support.
-
Establish and maintain strong relationships with other departments,
enabling effective cross-functional collaboration.
7. Investor Relations & External Communications:
-
Maintain effective communication with investors, analysts, and external
stakeholders, providing transparent financial information.
-
Prepare presentations and reports for board meetings, investors, and
external parties, clearly communicating the company’s financial position
and strategy.
-
Foster relationships with investment banks, auditors, legal advisors,
and other key external partners.
8. Mergers, Acquisitions & Strategic Initiatives:
-
Lead financial due diligence and integration efforts related to mergers,
acquisitions, and partnerships.
-
Assess potential business opportunities and evaluate their financial
impact to support strategic decision-making.
-
Guide major capital investment decisions and provide financial oversight
on strategic initiatives.
9. Business Analysis and Decision Support:
-
Conduct financial analysis to support business decisions, loan portfolio
analysis, asset liability management, and profitability assessments.
-
Identify opportunities for cost reduction and operational efficiency.
-
Provide financial insights and guidance on new business initiatives and
strategic plans.
10. Banking:
-
Thorough knowledge of loan renewal, documentation, finance arrangement
from Bank.
Key Skills & Qualifications:
| Education |
Masters degree with CA and CS in Finance, Accounting, Economics, or
related field. An MBA or professional certification is preferred.
|
| Experience |
Minimum of 10 years of progressive experience in finance, with at
least 5 years in senior financial leadership roles.
|
| Skills |
-
Strong expertise in financial strategy, corporate finance,
accounting, budgeting, and financial analysis.
-
In-depth knowledge of financial regulations, risk management, and
compliance requirements.
-
Proven track record of leading financial transformations, cost
management, and revenue growth.
-
Expertise in financial planning and analysis, cash flow
management, and capital budgeting.
-
Strong proficiency in financial software and enterprise resource
planning (ERP) systems.
-
Experience managing relationships with investors, board members,
and financial stakeholders.
-
Strong leadership skills with the ability to inspire and manage
teams.
-
Excellent communication skills, with the ability to clearly
present financial information to non-financial stakeholders.
|
Preferred Experience:
-
Experience in managing cross-functional teams, large-scale financial
projects, and multi-national financial operations.
-
Experience in industries like manufacturing, tech, or finance with
complex financial structures.
- Proven track record in mergers, acquisitions, or restructuring.
Work Environment:
Fast-paced and dynamic working environment with opportunities for growth
and impact. Collaborative culture with a focus on innovation and financial
performance.
| Role |
Head - Finance & Accounts |
| Industry Type |
NBFC (Micro Finance) |
| Department |
Finance & Accounting |
| Employment Type |
Full Time, Permanent |
| Role Category |
Finance |
Education
PG: MBA/PGDM in Finance
Key Skills
Skills highlighted with ‘ ’’ are preferred key skills
- Finance Control
- Risk Management
- Finance And Accounts
- Budgetary Control
- Strategic Financial Planning
- Cost Analysis
- Financial Accounting
- Cash Flow Management
- Cost Audit
- Cost Accounting
- Finance Function
- Cost Control Management
- Cost Planning
- Financial Management
Document generated from original job description.