USA
4 days ago
Director Finance Operations
*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 **Job:** **Finance* **Organization:** **Finance* **Title:** *Director Finance Operations* **Location:** *Gurgaon* **Requisition ID:** *2500001J*
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