Job Role
:
Lead – Finance Operations
Departments:
Finance (YOHTA)
Job Code
Location:
Mumbai
Reports To:
Director of Finance
Key Stakeholders
1: Job Purpose Statement (Summarize in one/two statements why this job exists, and the contribution makes to the overall business of the company).
The Finance Operations Manager will play a key role in overseeing the financial functions of the organization. This position requires a seasoned finance professional with a strong background in , leading monthly closing activities, managing Accounts Payable (AP) and Accounts Receivable (AR) teams, handling auditing and internal controls, and managing legal entity-related matters. The ideal candidate should have worked with SAP, possess excellent leadership skills, a deep understanding of financial processes, and a proactive approach to problem-solving. This position offers the opportunity to work entirely from home, during US Eastern Standard time zone work hours.
2: Organisational Relationship (Provide an organisational chart which illustrates the role structure above and below and parallel to this position).
3: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)
4: Decision Making Authority (This will be for every job allocated to the individual)
Refer To The Decision Making Box For Detail Information)
- Manage Accounts Payable Team:
- Supervise and lead the Accounts Payable team to ensure accurate and timely processing of vendor invoices, expense reports, and payments.
- Implement and maintain efficient AP processes, identifying areas for improvement and implementing best practices.
- Lead Monthly Closing Activities:
- Take charge of the month-end closing process, ensuring the accuracy and completeness of financial statements.
- Coordinate with various departments to obtain necessary information and resolve any discrepancies.
- Manage Accounts Receivable Team:
- Oversee the Accounts Receivable team, ensuring the timely and accurate processing of customer invoices, collections, and cash applications.
- Implement credit control measures to manage and minimize receivables outstanding.
- Auditing & Taxation:
- Manage external and internal audits by coordinating with auditors and providing required documentation.
- Ensure compliance with all tax regulations and manage the preparation and filing of tax returns.
- Legal Entity-related Activities:
- Oversee legal entity-related matters, including regulatory compliance and governance.
- Collaborate with legal and compliance teams to address any issues or concerns.
- Financial Reporting:
- Prepare and review financial reports for internal and external stakeholders.
- Provide analysis and insights into financial performance.
- Preparation of annual financial statements to both GAP and IFRS standards
- Process Improvement:
- Continuously evaluate and enhance financial processes to optimize efficiency and accuracy.
- Implement automation solutions where applicable to streamline tasks.
- Team Development:
- Mentor and develop team members, fostering a culture of continuous learning and improvement.
- Conduct regular performance reviews and set development goals.
Schedule A
Decision Making Authority (For each decision type define if the action involves below mentioned categories:
Schedule A : Execution
Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)
Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome.
- Can be merged with duties & Responsibility.
5: Key Result Areas (List the key deliverables that quantify successful performance in the role).
- Proven experience in finance operations, including managing AP and AR functions.
- Strong understanding of auditing, taxation, and legal entity-related matters.
- Excellent leadership and communication skills.
- Proficient in financial software SAP, as well as other MIS and ERP systems.
- Detail-oriented with a commitment to accuracy and timeliness.
Educational Qualification
Skills & Knowledge
- Charted Accountant
- Excellent communication and interpersonal skills
Work Experience
Competencies
- Minimum 8 years’ experience
Behavioral
- Execute assignment with process oriented approach
- Innovative thinking, and creativity