Job title Head Finance & Accounts
Reports to: MD & CEO
Location: Gurugram Haryana
Job purpose
As the Head Finance & Accounts you will play a pivotal role in overseeing and managing the financial operations of the organization. Reporting directly to the MD & CEO you will be responsible for providing strategic financial leadership driving financial performance and ensuring compliance with regulatory standards. This position requires a seasoned financial professional with a strong background in accounting finance treasury and leadership skills.
Duties and Responsibilities
1. Strategy:
Develop and implement financial strategies plans and budgets to support the companys growth objectives.
Strategic planning budgeting and reporting ensure preparation of strategic plans budgets and forecasts ensure financial viabilities of business transactions and ensure robust management information systems are in place.
Assess organizational performance against both the annual budget and longterm business strategy. Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and plans.
2. Financial Planning and Analysis:
Conduct thorough financial analysis forecasting and modelling to provide insights and
recommendations to the executive team.
Monitor key financial metrics and performance indicators identifying areas for
improvement and risk mitigation.
3. Accounting and Reporting:
Oversee all aspects of accounting operations including general ledger accounts payable/receivable payroll and financial reporting.
Ensure timely and accurate preparation of financial statements regulatory filings and management reports in compliance with applicable accounting standards and regulatory requirements.
Establish and maintain robust internal controls to safeguard company assets and ensure compliance with financial policies and procedures.
4. Treasury Management:
Develop and execute treasury strategies to optimize cash flow liquidity and working capital management.
Manage relationships with banks and financial institutions to secure funding negotiate credit facilities and optimize investment opportunities.
Monitor and mitigate financial risks including interest rate foreign exchange and credit risks through effective hedging strategies.
5. Reporting to Board of Director:
To provide to the board of directors insight on the companys performance.
To get the budgets and CAPEX projects approved and present the companys strategy.
6. Monitor Regulatory Committees:
Forming respective committees as per the regulatory requirements and ensures their attendance at relevant regulatory committee meetings such as those focused on compliance risk management or governance.
Actively participate in discussions providing financial insights and perspectives on regulatory matters.
Disseminate relevant information from regulatory committee meetings to appropriate stakeholders within the organization including executive management and relevant departments.
7. Compliance and Regulatory Governance:
Stay abreast of regulatory developments and ensure compliance with relevant laws regulations and industry standards.
Collaborate with legal and compliance teams to address regulatory requirements and implement effective risk management practices.
8. Internal and External Audit:
Lead internal external audits and Due diligence ensuring timely resolution of audit findings and recommendations.
9. Stakeholder Management:
Liaise with auditors regulators and other external parties to ensure compliance and transparency in financial reporting.
Represent the company with investment bankers and investors.
Liaison with Banks Financial Institutions. related parties and other Government authorities.
Dealing with Banks for effective and smooth operations.
10. Leadership and Team Development:
Provide strong leadership and mentorship to the finance and accounting team fostering a culture of accountability collaboration and continuous improvement.
Recruit develop and retain top talent promoting professional growth and succession planning within the department.
Foster strong crossfunctional partnerships with other departments to drive organizational goals and initiatives.
Required Skill Set
Proficiency in fundraising securing Series A/ B/ C/ D rounds in Funding.
Indepth knowledge of accounting principles financial analysis treasury management and regulatory compliance.
Excellent analytical skills attention to detail and proficiency in financial modelling and analysis.
Strong understanding of NBFC regulations and reporting requirements.
Demonstrated leadership skills with the ability to inspire and motivate teams to achieve results.
Excellent communication negotiation and interpersonal skills.
Strategic thinker with a proactive and resultsoriented approach.
Ability to thrive in a fastpaced dynamic environment and adapt to changing priorities.
Strong ethical values and commitment to integrity in all aspects of financial management.
Work Experience & Qualifications
CA with Minimum 12 15 years of seniorlevel finance experience in the financial services industry nonbanking financial company (NBFC) experience is a pre requisite.
About the Company:
Hi! its great to see you here. Swara Fincare Limited (SFL) is a registered NBFC catering to the underbanked population in rural and semiurban areas. SFL provides financial services for the lowincome rural and semiurban poor sectors in India. We aim to resonate our Swara in India with special emphasis in Rural & Semiurban India. We aspire to play a pivotal role in the space of financial inclusion by helping each stage entrepreneur by extending appropriate financing solutions resulting in overall economic upliftment.
Swara Fincare Limited is a registered NonBanking Financial Company NonDeposit (NBFC) which was incorporated as a Public Limited Company in 2020. Swara has received its RBI certificate of registration in September 2021.
Industry Financial Services
fundraising,treasury management,leadership skills,nbfc regulations,internal controls,financial modeling,budgeting,forecasting,regulatory compliance,finance + accounting,accounting operations,communication skills,financial leadership,financial services,financial analysis,negotiation skills,nbfc,stakeholder management,interpersonal skills,strategic planning