GM/Associate Vice President – Finance & Accounts

Full Time
Posted 4 weeks ago

Urgently required for an Investments and Holding Company in the sectors of Facilities Management, Catering, Restaurants, Food, and Equity Trading.

Job Description

Shall report to CFO.

Qualification: Qualified CA with 20-25 YOE

Role criticality: Shall stand in as a deputy to the CFO

Your Job Description entitles the following areas:

1. Managing Finance, Accounts & Audits

a) Operational Responsibilities

  1. Fully in charge of day to day operations
  2. Accounting Controls
  3. Inter-Department co-ordination and budgeting
  4. Key focus on cost control on consistent basis
  5. Affixing of signature on all types of paper work and documents
  6. Ensuring of updating and safe keeping of Finance Records both in DMS and RMS
  7. Monitoring and reviewing of Vendor and customer balances
  8. Review & monitoring of Imprest Outstanding balances
  9. Ensuring all financial transactions in SAP are posted only after proper authorization
  10. and certification.
  11. Ensuring proper narrations of Financial transactions in SAP
  12. Ensuring and implementing maker-checker policy
  13. Ensuring proper back up of Finance data for retrievability
  14. Fixing of duties and responsibility areas to the all individual staff of the Finance
  15. Fixed assets – Capital Asset register – Proper accounting / Identification number /
  16. depreciation / deletion
  17. Business Transfer Agreements
  18. JDA deposits and other pending items in lands
  19. Ensuring strict adherence to the Processes and Systems.
  20. Overall tight control on the overall functions of the areas under your command.
  21. Prepare & present PPT on Financial, Accounts related activities

b) Leadership

  1. Providing Leadership, Direction and Management of the entire Finance function
  2. Team Meeting and Team Building – minimum once in a week

c) RERA :

  1. Quarterly Certification on all the projects reported to RERA
  2. Ensuring Certifications under RERA

d) Banking Operations:

i. Documentation – Ownership and execution

– Loan Documents, Engagement letters, monitoring of title deeds in the office and with the banks       and covering other related areas like Banks Correspondence etc

ii. Control on Bank Accounts – signing of cheques, BRS, monitoring of active and dormant accounts, cheque books, password for net banking etc

iii. Physical control and review of Security Documents, Bank Guarantees and Security cheques

iv. Understanding all their overall Loan Sanction Agreements

2. Audit

a) Statutory Audit – ensuring of completion of Audit

i. Preparation of Quarterly Audits 20 days prior to closure of each quarter of financial year

ii. Discussion with the Auditors and the Management/ Board of Directors

iii. Quarterly book closing for all Audit

b) Internal Financial controls as per The Companies Act, 2013

c) Managing relations with external Statutory Auditors

d) Internal Audit

e) Risk Management

f) Working on Auditor Qualifications

g) During Audits, working hours may extend (including working on Holidays / weekends)

3. Culture

a) To propagate good working culture and ensuring of friendliness among the colleagues

b) Team Buidling

4. Grievance escalation

a) Grievance escalation is limited to the Chairman of the Company and not to be Addressed to any third party including Directors of the Board.

5. Information Technology (IT)

a) Information Security Policy – Duly updated with relevance to the new challenges

b) Study of IT infrastructure for its robustness and relevance

c) SAP up-gradation

d) Single data base for the Company as a whole and integration of distributed application

packages with SAP

e) Make both IT and SAP – user friendly

f) Rationalization of IT hardware and review of Licenses and AMCs

g) Ensuring security from external threats like virus, malware, ransom ware etc

h) Ensuring security from internal threats

i) Fixing of duties and responsibility areas to the all individual staff of the IT team

j) Providing guidance to the IT team on SAP, IT Infrastructure, Cost and Storage Planning

k) Availability of Data Backup both Offsite and Onsite

l) Putting in place Business Continuity Policy’s

Any Other Finance & accounts requirements on need-based and as per the Management decision.

The preferred candidate shall have long tenured service in his/her previous assignments vs job hoppers of 2 – 3years in a company.

Location HQ, Bangalore

CTC – 25 – 40 lakhs

Interested candidates please call us on 9035007003/9845264304/9035302302 or email resume to :

Job Features

Job CategoryCommodities and Trading, FMCG

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