Purpose of role:
Director Finance for India- To manage and supervise Financial Operation activities for CWT India Business
Main Responsibilities:
· Financial accounts
o Ensure reliability and integrity of financial statements and reports to ensure compliance with established company policies, generally accepted accounting principles and local regulations and laws.
o Responsible for quarterly and year-end financial reporting and consolidation packages.
· Systems
o Implement managed new systems based on global timelines and process
· Internal control and protection of assets
o Enhance governance over accounting processes
o Ensure that adequate internal control procedures over assets and operations are implemented and followed.
o Ensure that assets are properly accounted for and safeguarded from loss.
o Control commitments as per CAPEX (Capital Expenditure) procedures and authorizations.
o Implement Standard Operating Procedures and ensure compliance.
o Improvement of financial operational processes, financial controls and procedures
o Close all open Audit item, submit FICA etc on a timely basis and implement recommendation
· Focus on Cash
o Improve cash flow through proper credit management
o Improve cash and working capital actual and forecasting
o Minimize levels of overdue debts. Initiate proceedings to ensure outstanding debts are brought to a satisfactory conclusion and reduce DSO
· Optimize finance functions
o Whilst ensuring compliance with CWT policies and guidelines, ensure optimum utilization of resources at best cost.
o Recommend, implement and manage improvements and cost reduction programs.
· External relationships
o Manage and coordinate relationships with:
§ Statutory auditors
§ Tax and legal authorities and controllers (with prior notice and constant information in the event of tax audit).
§ Banks and financial institutions (within CWT Group policies and guidelines)
§ Finance outsourcing
· Ensure delivery of services as contracted, communicate the CWT requirements and business priorities
· Resolve escalated issues in accordance with the Governance escalation procedures
· Identify and agree additional transformation opportunities and oversee the implementation of the agreed initiatives
· Internal controls required for both the retained organization and outsourced staff and activities
· Legal representations
o On an individual basis, may be nominated as company officer, company representative, board member or general manager for temporary or permanent tax, legal or management representation purpose.
· Others
o Review, maintain and update office lease status with global real estate team
o Work closely with Global tax team on HQA management fees billing
o Review and oversee day to day treasury matters and work closely with Global Treasury team
Experience education:
· Experience: Minimum 10 years’ experience in Financial Operations leadership position (including PTP, RTR and OTC)
Qualification: -
o Degree in Business/ Finance/ Accounting or Chartered Accountant/ ACCA or CPA
o Experience on US GAAP or have work with the big 4 firms
o Experiences with outsourced environment would be advantage
· Languages
o English Fluent
· Knowledge, skills and abilities (KSAs)
o Leadership
o Passion
o Caring
o Integrity
Others:-
Knowledge, skills and abilities (KSAs)
o Self-motivated individual with strong problem-solving skills.
o Ability to set priorities and work in fast paced multicultural environment
o Ability to work and communicate with different levels, including senior management
o Strong communication skills
o Excellent in excel and Hyperion reporting tool
Meticulous and process oriented
Experience education:
· Experience: Minimum 10 years’ experience in Financial Operations leadership position (including PTP, RTR and OTC)
Qualification: -
o Degree in Business/ Finance/ Accounting or Chartered Accountant/ ACCA or CPA
o Experience on US GAAP or have work with the big 4 firms
o Experiences with outsourced environment would be advantage
· Languages
o English Fluent
· Knowledge, skills and abilities (KSAs)
o Leadership
o Passion
o Caring
o Integrity
Others:-
Knowledge, skills and abilities (KSAs)
o Self-motivated individual with strong problem-solving skills.
o Ability to set priorities and work in fast paced multicultural environment
o Ability to work and communicate with different levels, including senior management
o Strong communication skills
o Excellent in excel and Hyperion reporting tool
Meticulous and process oriented