Finance Director

Department Icon Corporate Finance
Posted: 3 years ago
10-15 years
Gurgaon, Haryana, India
Corporate Finance
Work From Office
Full Time

Posted: 3 years ago
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Job Description

Finance DirectorA large garment manufacturer ($300M turnover) is seeking a Finance Director to head their overall business in Gurgaon, India. The business operates multiple factories across India. Its products are mainly sold to US and European retailers and brands.The Finance Director will directly manage the finance and accounts teams across the business. They will be the responsible person for Group accounts and finance (including statutory), management of Group wide accounts and finance including a small family office, finance control and to manage finance operations. The role reports to the owner of the business.Finance Director: The Role:The Finance Director will oversee, manage and analyse the financial activities of the business and subsequently provide advice and guidance to the management on future financial plans. The ideal candidate will be responsible for the financial health of the company by ensuring that all processes and systems meet financial and legal obligations, and that full financial control is exercised over the company’s assets and liabilities. This includes:
  • Responsible for preparation of monthly and annual Financial statements as per applicable accounting standards.
  • Tracking cash flow and analysing the company’s financial strengths and weaknesses, whilst proposing corrective actions
  • Leading the processes and preparation of financial budgets and forecasts
  • Direct and participate in cost analysis reviews, providing regular detailed reports to all stakeholders
  • Negotiate contract/service/loan/credit terms with outside financial agencies, regularly reviewing contracts
  • Establishing and maintaining good relationships with external partners, stakeholders and investors
  • Assist the department heads in various projects as required. Including Project cost control, profitability analysis, Project resource deployment analysis & Invoicing follow up
  • Develop and maintain best practice reporting, ensuring that the company’s financial practices adhere to the statutory regulations and legislation.
  • Document procedures and policies, to support the business with risk and compliance while strengthening internal controls
  • Coordinate preparation for external audits and external financial reporting, including assisting with the preparation and filing of returns for sales tax, Income tax, Excise and other forms of taxes and charges.
  • Support, build and develop the finance and administration team whilst overseeing their day-to-day financial operations such as ledger maintenance, journals, invoicing and payroll
RequirementsFinance Director: The Person:
  • The ideal candidate will be a qualified accountant with experience in a management position, who can demonstrate a track record of providing strategic support to senior leadership.
  • The ideal candidate will have experience in apparel or textile manufacturing.
  • Experience and knowledge of local working practices in India to ensure the company is operating in line with local laws/regulations; supporting a consistent, compliant and productive working relationship
  • Excellent analytical skills and exceptional numerical proficiency
  • Ability to liaise confidently and effectively both written and verbally, with English and Hindi-speaking colleagues
  • In-depth understanding of complex financial policies
  • Knowledge of database technologies and software
  • Good strategic thinking skills and the ability to make effective business decisions
  • Able to drive change and look for operational efficiencies in the organisation
  • Excellent team player, leadership and management skills
If this sounds like you, please apply in confidence

Skills

AccountingAccountsCash FlowCost AnalysisCost ControlFinanceFinance ControlFinancial ControlFinancial OperationsFinancial ReportingFinancial StatementsOperationsPayrollSalesSales TaxComplianceProfitability AnalysisAccounting StandardsIncome TaxLeadershipProfitabilityAnalysisExciseAdministrationAccountantLedger

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About Company

ITM is a premier institution renowned for its excellence in education and industry-focused programs. With a legacy of nurturing talent and fostering innovation, ITM offers a diverse range of courses in various fields, including business management, technology, and hospitality. ITM's commitment to providing quality education is reflected in its state-of-the-art campuses, experienced faculty, and industry partnerships. ITM careers provide exciting opportunities for professionals to join a vibrant community dedicated to shaping the future. Join ITM to embark on a fulfilling career journey where your skills are honed, and your aspirations are realized in a dynamic and supportive environment.

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