Accounts_Team Lead

We are seeking a dynamic and seasoned finance professional to lead the Accounts and Finance function of a financial services subsidiary of a reputed bank. The Head of Accounts and Finance will be responsible for end-to-end financial operations, including strategic planning, financial reporting, compliance, system implementation, invoicing, and receivables management. This role demands a strong leader with deep financial expertise, business acumen, and a solid grasp of financial systems and regulatory frameworks in the financial services sector. Key Responsibilities: 1. Financial Strategy & Planning Formulate and drive the financial strategy in alignment with business goals. Provide financial insights to support strategic business decisions at the executive and board levels. Monitor financial performance and lead profitability improvement initiatives. 2. Financial Reporting & Compliance Ensure timely and accurate preparation of financial statements as per Ind AS/IFRS. Oversee all statutory, tax, and regulatory compliances (RBI, SEBI, GST, Income Tax, Companies Act, etc.). Coordinate internal, external, and regulatory audits and ensure timely closure. 3. Budgeting, Forecasting & Analysis Lead the budgeting process and periodic forecasting. Analyze variances and implement corrective actions in coordination with business heads. Develop and maintain robust financial models and dashboards. 4. Treasury & Cash Flow Management

• Ensure effective cash flow planning and management.
• Optimize working capital and ensure timely availability of funds.
• Manage investments and banking relationships.

5. Taxation

• Supervise direct and indirect tax functions including compliance, filings, and assessments.
• Stay abreast of changes in tax laws and guide business on tax planning and impact.

6. Invoicing, Receivables & Debtor Management

• Oversee the end-to-end invoicing and billing process to ensure accuracy and timeliness.
• Develop and enforce credit control policies and procedures.
• Monitor and manage accounts receivable, follow up on overdue accounts, and drive collection efficiency. Analyze debtor aging and implement strategies to reduce overdue receivables. 7. Technology & Systems Implementation Lead automation and digitization initiatives within the finance function. Evaluate, implement, and upgrade financial systems (ERP, accounting software, MIS tools). Collaborate with IT and operations to enhance system integration, controls, and reporting capabilities. Drive data accuracy, security, and real-time reporting. 8. Internal Controls & Risk Management Establish and continuously improve internal control frameworks. Conduct regular financial and operational risk assessments. Ensure compliance with internal policies and procedures aligned with the parent bank. 9. Leadership & Stakeholder Management Lead and mentor the finance team to build capability, performance, and succession. Work closely with business unit heads, auditors, regulatory bodies, and the parent bank s finance team. Represent finance in cross-functional projects and strategic initiatives.