AVPGM Finance

Iwork Solutions

Job Location:

Thane - India

Monthly Salary: Not Disclosed

Posted on: 1 hour ago

Vacancies: 1 Vacancy

Job Summary

Position Guidelines
Job Title	AVP/GM - Finance	Department	Finance & Accounts
Reporting Manager	VP Finance	Location	Thane
Duties & Responsibilities
Corporate oversight Advise on financial implications and risks related to key issues and important strategic decisions; keep all relevant stakeholders posted on a timely basis regarding ongoing financial condition of the organization Evaluate and potentially design/redesign and implement the Companys financial accounting and reporting processes and supporting systems across Development and Property Management ensuring an effective financial administration. Oversee annual business planning and budgeting process. Develop and implement financial strategies and action plans to achieve financial objectives set in the budget jointly with business leadership. Oversee preparation of quarterly and interim management committee and Board of Directors financial reports Ensure timely closure of all the statutory external and internal audit requirements Drive SAP implementation for the Company across all departments in a timely & efficient manner and oversee Yardi stabilization for Property Management. Meet requirements related to centralized reporting at Group level and alignment functional processes and systems as needed. Effectively lead the finance / accounting team by hiring training & retaining top-grade talent. Development and Property Management Review and update available detailed cost plan and cash flow at various stages of design and update changes on regular basis Providing inputs to the commercial team in the preparation and/ or collation of tender documentation in sufficient detail to enable a tender or tenders to be obtained for the project to ensure all works are properly priced by the contractor. Support the commercial team on prospective tenderers to shortlist and if required recommend suitable contractors for consideration. Assist the commercial team in providing Pre- Bid estimate / priced BOQ prior to tender opening. Understands the composition of construction/project cost and work in progress and monitor and report periodically the nature of significant costs incurred. Understands monitors and reports the key reason for variation in budgeted cost and actual cost for ongoing and completed projects Ability to analyze monitor and report the working capital requirements of the business through negotiating the mobilization and retention amounts on large contracts. Manage project costs assess all variations and extra work. Ability to carry out quantity reconciliation of material working closely with QA/ QS. Establish the most advantageous analysis of the construction/project cost. As part of process Cost Managers will ask vendors to submit their tax invoices challans etc. - any specific tax related compliances will be done by vendor. Ability to foresee and report financial implications of delays extensions of time on on-going projects. Assist in the financial control and management of the contract. Prepare and if appropriate negotiate the settlement of the final account.

Assist in the drafting of special forms of agreement relating to the completion of the project and financial settlement.

Oversee the Operations vertical and ensure alignment in processes and functions within the overall SPV.

Providing inputs to the commercial team in the preparation and/ or collation of tender documentation in sufficient detail to enable a tender or tenders to be obtained for the project to ensure all works are properly priced by the contractor.

Support the commercial team on prospective tenderers to shortlist and if required recommend suitable contractors for consideration.

Tax and Compliance

Advise alternate business models from the perspective minimizing issues and optimizing opportunities based on the identified types of supply chains for the overall business of the Company.

Finalize tax positions for the Company in consultation with advisors

Suggest alterations to the current supply chain or alternate business models (if any) to optimize the direct and indirect tax

To ensure adequate documentation in place supporting the positions taken on corporate tax and withholding tax

Oversee compliance and reporting of direct and indirect taxes

IT Skills

Working knowledge of SAP S4/HANA (PS MM and FICO modules).

Advanced Microsoft Excel user (candidates having knowledge of VBA applications Power Query BI -Business Intelligence and financial & data modelling would be added advantage) PowerPivot Scenario Analysis KPIs and dashboards.

Excellent spreadsheet skills with working knowledge of Macros.

Superior analytical skills practiced at drilling down to transaction/ workflow details

Specialist in MS PowerPoint Data Analytics

Required Experience

Qualification

Chartered Accountant with current experience in IFRS/IND-AS experience would be advantageous.

Overall Experience

8-10 Years

Type of industry

Any

Essential Experience

Experience of working in an Institutional platform with reporting to multiple stakeholders

Position Guidelines Job Title AVP/GM - Finance Department Finance & Accounts Reporting Manager VP Finance Location Thane Duties & Responsibilities Corporate oversight Advise on financial implications and risks related to key issues and importan...

Position Guidelines
Job Title	AVP/GM - Finance	Department	Finance & Accounts
Reporting Manager	VP Finance	Location	Thane
Duties & Responsibilities
Corporate oversight Advise on financial implications and risks related to key issues and important strategic decisions; keep all relevant stakeholders posted on a timely basis regarding ongoing financial condition of the organization Evaluate and potentially design/redesign and implement the Companys financial accounting and reporting processes and supporting systems across Development and Property Management ensuring an effective financial administration. Oversee annual business planning and budgeting process. Develop and implement financial strategies and action plans to achieve financial objectives set in the budget jointly with business leadership. Oversee preparation of quarterly and interim management committee and Board of Directors financial reports Ensure timely closure of all the statutory external and internal audit requirements Drive SAP implementation for the Company across all departments in a timely & efficient manner and oversee Yardi stabilization for Property Management. Meet requirements related to centralized reporting at Group level and alignment functional processes and systems as needed. Effectively lead the finance / accounting team by hiring training & retaining top-grade talent. Development and Property Management Review and update available detailed cost plan and cash flow at various stages of design and update changes on regular basis Providing inputs to the commercial team in the preparation and/ or collation of tender documentation in sufficient detail to enable a tender or tenders to be obtained for the project to ensure all works are properly priced by the contractor. Support the commercial team on prospective tenderers to shortlist and if required recommend suitable contractors for consideration. Assist the commercial team in providing Pre- Bid estimate / priced BOQ prior to tender opening. Understands the composition of construction/project cost and work in progress and monitor and report periodically the nature of significant costs incurred. Understands monitors and reports the key reason for variation in budgeted cost and actual cost for ongoing and completed projects Ability to analyze monitor and report the working capital requirements of the business through negotiating the mobilization and retention amounts on large contracts. Manage project costs assess all variations and extra work. Ability to carry out quantity reconciliation of material working closely with QA/ QS. Establish the most advantageous analysis of the construction/project cost. As part of process Cost Managers will ask vendors to submit their tax invoices challans etc. - any specific tax related compliances will be done by vendor. Ability to foresee and report financial implications of delays extensions of time on on-going projects. Assist in the financial control and management of the contract. Prepare and if appropriate negotiate the settlement of the final account.