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Assistant Vice President- Finance

Mumbai, Maharashtra, India

80 Days ago

Job Description


We are seeking an experienced Chartered Accountant (CA) with 8-10 years of experience to manage and oversee our India accounting operations. This individual will be responsible for end-to-end financial management, client reconciliation, FX booking, safeguarding processes, and financial planning. The role requires close collaboration with the global finance team to ensure compliance with local and international accounting standards. Additionally, the incumbent will play a strategic role in scaling the finance function in India to support global operations.

Key Responsibilities:

1. India Accounting & Compliance:

  • Oversee all financial reporting, accounting, and approval processes in India as per local regulatory requirements.
  • Ensure statutory compliance, including tax filings (GST, TDS, Income Tax) and regulatory submissions.
  • Manage audits, liaise with external auditors, and implement best practices in financial reporting.
  • Maintain accurate financial records and ensure timely closure of books.

2. Client Reconciliation, FX Booking & Safeguarding:

  • Fully take over the client reconciliation process, ensuring accuracy and timeliness.
  • Oversee FX booking and safeguarding processes, ensuring compliance with internal controls and regulatory standards.
  • Improve reconciliation methodologies and develop best practices to enhance efficiency.
  • Provide timely insights and reports to senior management on reconciliations and safeguarding.

3. Financial Planning & Analysis:

  • Develop and monitor budgets, forecasts, and financial plans to support business objectives.
  • Analyze financial performance, identify trends, and provide insights to management for strategic decision-making.
  • Evaluate investment opportunities and provide recommendations to optimize returns.

4. Internal Controls & Audit:

  • Establish and maintain robust internal controls to safeguard company assets and ensure the integrity of financial records.
  • Coordinate internal and external audits, address findings, and implement corrective actions.
  • Continuously assess and improve accounting procedures to enhance efficiency and compliance.

5. Tax Planning & Compliance:

  • Oversee tax planning strategies to minimize tax liabilities and ensure compliance with local and international tax laws.
  • Prepare and file tax returns, manage tax audits, and stay updated on changes in tax regulations.

6. Cash Flow Management:

  • Monitor and manage cash flow to ensure adequate liquidity for operational needs.
  • Optimize working capital by managing receivables, payables, and inventory levels.

7. Financial Systems Management:

  • Oversee the implementation and maintenance of financial systems and software.
  • Ensure data integrity and accuracy in financial reporting.

8. Team Leadership & Development:

  • Strategize and develop a finance team in India to support international accounting functions.
  • Lead, mentor, and develop the accounting team to enhance their skills and performance.
  • Foster a collaborative and high-performance work environment.

Requirements

Key Requirements:

  • Qualified Chartered Accountant (CA) with 8-10 years of post-qualification experience.
  • Strong experience in financial reporting, regulatory compliance, and reconciliation.
  • Prior experience in forex, payments, financial services, or banking is preferred.
  • Deep understanding of India's financial regulatory landscape and international accounting principles.
  • Proficiency in accounting software (SAP, Oracle, Tally, QuickBooks, or similar tools) and MS Excel.
  • Strong analytical, problem-solving, and leadership skills.
  • Excellent communication skills to liaise with global finance teams and senior stakeholders.

Key Skills:

  • Adaptability & Proactiveness: Ability to navigate a dynamic, unstructured & growing financial environment and drive process improvements.
  • Integrity & Ethical Judgment: Uphold the highest standards of financial integrity and regulatory compliance.
  • Time Management & Prioritization: Efficiently manage multiple deadlines and responsibilities.
  • Leadership & Team Management: Ability to mentor, guide, and build a high-performing finance team.
  • Analytical Thinking: Strong problem-solving skills to analyze financial data and make strategic decisions.
  • Attention to Detail: High accuracy in financial reporting, reconciliations, and compliance processes.
  • Communication & Stakeholder Management: Clear and effective communication with senior management, regulatory authorities, and global teams.

Benefits

  • ESOP Participation for high performers
  • Paid Annual Leaves + Public Holidays as per local in-country norms
  • Birthday Holidays
  • Group Medical Coverage as per local in-country norms
  • 2 days annually to volunteer for an initiative or charity
  • Annual company Unplugged Week

Qualification

Professional Degree

Key Skills Required

OracleAccountingTeam ManagementMS EXCELTALLYMS ExcelAccounting PrinciplesAccounting ProceduresAccounting SoftwareAccounting StandardsAdaptabilityAnalysisAnalytical ThinkingAttention to DetailAuditBusiness ObjectivesCash Flow ManagementCollaborationCommunicationComplianceData IntegrityDevelopmentEffective CommunicationEthical JudgmentFinanceFinancial DataFinancial ManagementFinancial PerformanceFinancial PlanningFinancial ReportingFinancial ServicesGlobal FinanceGlobal OperationsImplementationIncome TaxInitiativeInternational Accounting StandardsLeadershipMaintenanceManagementPrioritizationQuickBooksReconciliationRegulatory ComplianceRegulatory RequirementsRegulatory StandardsReportingScalingSenior ManagementStakeholder ManagementStatutory ComplianceTax PlanningTax ReturnsTeam LeadershipTime ManagementTimelinessInternational

Job Overview


Job Function: Banking / Finance

Job Type: Full Time

Workplace Type: Not Specified

Experience Level: Mid-Senior level

Salary: Competitive & Based on Experience

Experience: 8 - 10 yrs

Contact Information


Company Name: Interpolitan Money

Recruiting People: HR Department

Website: https://www.interpolitanmoney.com/

Location

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