Role: Financial controller/lead
Report to: MD India
Location: Mumbai (preferably), Hyderabad or any other locations (remote for the time being)

The role
The FC/lead is responsible for developing organizational strategies supported by financial and accounting information and analysis. The FC/lead provides input and recommendations to enhance strategic thinking and direction; establishing functional objectives in line with organizational goal.

Responsibilities

1. Strategy

• As a true business partner to the MD and divisional managers, assess organizational performance against both the annual budget and company’s long-term strategy.
• Develop tools and systems to provide critical financial and operational information to the MD and make actionable recommendations on both strategy and operations.
• Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.
• Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).

 

2. Executive Management

• Serve as a member of management team
• Participate in key decisions pertaining to strategic initiatives, operating model and operational execution

 

3. Financial Planning and Analysis

• Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); Weekly 13 week cash flow forecast.
• Complete analysis of financial results; Develop recommendations (strategic and tactical).
• Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).
• Develop and maintain capital budget.
• Assist in development of financial planning and analysis exercises/reports.

 

4. Finance

• Oversee cash flow planning and ensure availability of funds as needed.
• Oversee cash, investment, and asset management.
• Oversee financing strategies and activities, as well as banking relationships.
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.

 

5. Planning and Policy

• Coordinate the development and monitoring of budgets.
• Develop financial business plans and forecasts.
• Participate in corporate policy development as a member of the senior management team.

 

6. Accounting and Administration

• Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise company nonprofit’s finance staff.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Coordinate audits and proper filing of tax returns.
• Ensure legal and regulatory compliance regarding all financial functions.

 

7. Team Management

• Mentor and develop a direct team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.

 

8. Accounting Activities

• Oversee preparation of month-end, quarter-end and year-end financial statements
• Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation
• Enhance and implement financial and accounting systems, processes, tools and control systems
• Serve as final point of escalation for Accounts Receivable/Accounts Payable issues
• Develop and manage accounting staff
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits

 

9. Cash Management

• Oversee weekly cash management; Approve weekly payables; Execute check signing
• Oversee AR management and provide support to collections activities

 

10. Corporate Development

• Represent company in efforts with investment bankers and potential investors
• Prepare various analyses and reports required by corporate development efforts

 

11. Insurance/Real Estate/Legal Affairs

• Manage the company’s insurance program
• Manage the company’s real estate affairs consisting of leases and sub-leases with various landlords; Negotiate new leases or lease renewals; Coordinate with real estate counsel
• Manage the company’s legal affairs in the areas of cargo claims, bankruptcies and other small claims matters

Requirements

• A minimum of a BS; a CPA and/or MBA would be a plus.
• At least five years experience in financial control team or equivalent coming from a management consulting organizations
• Deep knowledge and understanding of the Office of Management.
• Experience working with information technology and consulting staff to manage finance and accounting software packages.
• Excellent written and oral communication skills.
• Demonstrated leadership ability, team management, and interpersonal skills.
• Excellent analytical and abstract reasoning skills, plus excellent organization skills.

Please send your cv to jobs@ultimech.com with “financial controller/lead India” as subject.