Head of Finance | Scrabble
Posted on July 18, 2024
Job Description
<div>Head of Finance</div>
<div><br />
At Great Kapital, we help companies optimise their supply chain with our plug-and-play tech solutions.<br />
We help large companies who are looking to procure goods by aggregating all their suppliers and offer a<br />
more extended credit period to the buyer while paying the suppliers as per the original credit terms. This<br />
helps them to streamline their procurement operations and reduce the requirement for on-balance sheet<br />
debt while improving free cash flows.</div>
<div><br />
You will be closely working with the operations team and the senior management, where the role will<br />
involve optimizing our financial decision making</div>
<div><br />
What you will be doing in this role:<br />
Chartered Accountant with 7-10 years of work experience (Fin-Tech operational experience is<br />
preferred)<br />
Fund Management:<br />
● Approve plans for daily transactional requirements to optimise trade finance applications.<br />
● Develop and participate in technology approaches for work innovation and productivity.<br />
● Drive trade clearing and settlement processes (accounting process) to ensure all accounts are<br />
updated and transfer of money is arranged. Ensure robust reconciliation process.<br />
● Design strategies for better use of trade facilities.<br />
● Ensure facilities are financed and insured on time.<br />
Accounts Payable:<br />
● Robust payment management process- master data set up, payment on time<br />
● TDS compliances<br />
● GST administration and monitoring<br />
Reporting, Audit management and Compliance:<br />
● Ensure relevant laws and regulations are followed for trade documents<br />
● Robust accounting and book closure experience<br />
● Accounts Payable and Accounts Receivable management<br />
● Audit management and tax filing<br />
Managerial Responsibilities:<br />
● Manage the department's recruitment and retention efforts.<br />
● Manage the professional and career development of staff.<br />
● Oversee the department's financial budget use against department work plan.</div>