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