Job Description
<div>RAJASTHAN ROYALS<br />
Rajasthan Royals, a cricket team in the Indian Premier League (IPL), was founded in 2008 as one of the initial eight IPL city -based franchises. Owned<br />
by Manoj Badale and chaired by Ranjit Barthakur, the team had won the IPL tournament in its inaugural season in 2008 by defeating Chennai Super<br />
Kings. The team was the runner-up in the 2013 season under Rahul David’s captaincy.<br />
The Royals brand stands for resilience, commitment and intensity and never say die attitude. Ever since their inception, the Royals’ have been in the<br />
forefront in terms of nurturing and promoting new talent. These qualities have made the Rajasthan Royals the most loved team and enabled to it<br />
emerge as the first global sporting brand from India. In addition to being famous for unearthing and promoting obscure talent, the Royals are known for<br />
being innovators and pioneers.<br />
We have the distinction of being:<br />
– The first team to lift an IPL trophy in 2008<br />
– The first team to have a Shane Warne as its overseas captain and coach<br />
– The first team to have multiple home grounds in Jaipur and Ahmedabad<br />
– The first team to play two exhibition games in the UK<br />
– The first team to have a home and away kit<br />
– The first team to have a cricket academy outside of India in the UK<br />
The first player to win the Most Valuable Player award in an IPL and the one to win this award the maximum number of times in the history of the IPL<br />
was again a Royal – Shane Watson. We were also the first team to chase down a record IPL score of 217, a feat that stands unbroken to this day. For<br />
all these reasons, the Rajasthan Royals are rightly known as a team of firsts, and this extends to the digital realm as well – we were the first team to<br />
broadcast a designated YouTube Channel in November 2008 and to launch an electronic tablet in 2013.</div>
<div>Royals Multisport Ltd. | 103-104, B Wing, Fulcrum Business Centre, Sahar Airport Road, Andheri E, Mumbai - 400099</div>
<div>T: 022 – 6706 000 | www.rajasthanroyals.com</div>
<div>JOB DESCRIPTION – FINANCE DIRECTOR<br />
Royals Multisport Private Limited (Rajasthan Royals) is seeking a Finance Director (FD) to join our growing team. The role is for all aspects of financial<br />
management operations at the Rajasthan Royals. It will also include the development and implementation of a financial strategy that supports and sits<br />
within the Royals’ overarching business strategy and the ongoing development and monitoring of control systems to report accurate financial results.<br />
This is a leadership role reporting into the Chief Executive Officer and working closely with the organization’s senior management team and the<br />
Chairman.<br />
Ideal Profile<br />
The ideal candidate will be responsible for financial management and contribute to the development of the company’s strategic goals. As an integral<br />
member of our executive team, s/he will strengthen the processes and infrastructure needed for the substantial growth and evolution of our business.<br />
The ideal candidate will add insight to our operational metrics and continue to develop members of finance team.<br />
The ideal candidate will have a positive, &#39;can-do&#39; mentality, ability to find ways round obstacles and willing to exploit all the available resources in order<br />
to accomplish objectives. S/he should have commitment to continuing improvement and change by the application of self-managed learning<br />
techniques, supplemented where appropriate by deliberate, planned exposure to external learning sources (mentoring, coaching, etc.) S/he must bring<br />
a proven capacity to inspire, lead and challenge people constructively, and be someone who readily assumes responsibility for driving financial<br />
performance and value-creation initiatives. S/He should have a tendency for innovation and a proactive approach in the development of an<br />
organization and have intellectual breadth to manage the financial goals and aspirations of Rajasthan Royals.<br />
Qualification Required<br />
• Chartered Accountant</div>
<div>Royals Multisport Private Limited. | 103-104, B Wing, Fulcrum Business Centre, Sahar Airport Road, Andheri E, Mumbai - 400099</div>
<div>T: 022 – 6706 000 | www.rajasthanroyals.com</div>
<div>Experience Required<br />
Qualified Chartered Accountant with 10+ years of proven experience as Finance Director preferably from Media and Entertainment industry with<br />
strong affiliation with youth, sports industry, sports apparel and associated sub-sectors.<br />
Skills / Competencies Required<br />
We are looking for a Finance Director to lead a team and should have:<br />
• Strong commercial acumen with the ability to communicate with and influence a complex range of stakeholders<br />
• Strong working knowledge of accounting principles<br />
• An analytical mind with a strategic ability<br />
• Detailed oriented who is prepared to invest in significant time in enhancing financial operations<br />
• In-depth knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles<br />
• Experience in managing a finance function that includes financial accounting and reporting, risk management and control, policy development etc.<br />
• Proven ability to analyze financial data and prepare financial reports, statements, and projections<br />
• Experience developing funding opportunities and generating additional income<br />
• Understanding of operational and strategic aspects of Tax, Compliance, Governance Framework preferably in a multi entity scenario<br />
• Excellent communication skills in a range of forums including public speaking</div>
<div>Royals Multisport Private Limited. | 103-104, B Wing, Fulcrum Business Centre, Sahar Airport Road, Andheri E, Mumbai - 400099</div>
<div>T: 022 – 6706 000 | www.rajasthanroyals.com</div>
<div>Role Responsibilities<br />
Leadership Lead and manage the finance team to ensure the franchisee meets all its financial obligations</div>
<div>Work closely with the CEO and stakeholders to ensure the timely and accurate provision of financial information to<br />
support ongoing business operations and provide decision support<br />
Partner with CEO and management team to drive franchise value and ensuring that the finance angle is considered in<br />
all key business decisions<br />
Represent the franchisee with external stakeholders including, auditors, banking partners, suppliers, commercial<br />
partners and the local community agencies<br />
Oversee the approval and processing of day-to-day activities in the Finance department which include managing<br />
revenue, expenditure, budgets, payroll and audits<br />
Serve as the management liaison to the board and audit committee; effectively communicate and present critical<br />
financial matters at board of directors and committee meetings</div>
<div>Financial Acumen Responsible for the annual budget, reserves, annual operational and event budgeting process</div>
<div>Review and implement cost controls measures and establish and maintain appropriate internal controls and safeguards<br />
Develop and manage all financial control and processes, in line with the business strategy, plans and processes, while<br />
ensuring adequate financial controls and discipline<br />
Overseeing financial reporting, controls, coordinating audits (internal &amp; external)<br />
Leading the budgeting, MIS, accounts &amp; FP&amp;A teams for the entire business<br />
Timely production of weekly and monthly management reporting of P&amp;L, cash flow, balance sheet and<br />
associated commercial. </div>
<div>Audit &amp; Risk</div>
<div>Royals Multisport Private Limited. | 103-104, B Wing, Fulcrum Business Centre, Sahar Airport Road, Andheri E, Mumbai - 400099</div>
<div>T: 022 – 6706 000 | www.rajasthanroyals.com</div>
<div>Take ownership of the risk management process, reporting to the Audit, Risk and Governance committee<br />
Liaise with statutory and internal auditor - for half yearly audits, , accounting regulators and regulatory bodies. provide<br />
information to auditors, shareholders and other stakeholders on a timely basis</div>
<div>Compliance &amp; Regulation Understanding of cricket governance and a passion for the development of grassroots cricket</div>
<div>Ensure to enhance, such as adoption of clear reporting lines and disciplinary procedures, annual third-party compliance<br />
review/audit, adoption of policies on bribery, approval of contract partners GDPR/data protection policies,<br />
whistleblowing procedures, and initiatives with other teams to improve compliance across league<br />
Ensure effective internal controls and management information systems are in place<br />
Monitor changes in cricket regulations and policies, industry, and economy affecting the company’s finance practices,<br />
assess the implications and develop / modify procedures and controls to ably respond to the situation</div>
<div>StrategicReview procedures relating to the preparation of the company’s plans / budgets / forecasts and controls pertaining to<br />
key finance activities, monitor adherence to the relevant processes, policies and take timely action in case of deviations<br />
Advise senior management peers on financial planning, budgeting, and other strategic financial matters<br />
Strengthen the finance and accounts team that helps provide seamless and timely support to the business</div>
<div>Stakeholder/Relationship<br />
Management</div>
<div>bodies,</div>
<div>Royals Multisport Private Limited. | 103-104, B Wing, Fulcrum Business Centre, Sahar Airport Road, Andheri E, Mumbai - 400099</div>
<div>T: 022 – 6706 000 | www.rajasthanroyals.com</div>
<div>Represent the team with external stakeholders including, auditors, banking partners, suppliers, commercial partners<br />
and the local community agencies</div>
<div>Develop and manage relationships and effective communications with key stakeholders and business partners<br />
Communication Skills Excellent communication skills in a range of forums including public speaking, and a willingness to communicate widely</div>
<div>in a publicly visible role</div>