HumanBit Logo

VP - Finance & Accounts | Scrabble

Posted on April 30, 2024

Job Description

About RK Group<br /> Founded in 1980, RK Group has cemented its position as a leading conglomerate based in Bangalore, India. With a diversified presence across E-commerce, Retail, Electronics Distribution, and Textile trading, the group reported impressive revenues of USD 2 Billion in the financial year 2022. As one of India's top E-Commerce sellers, RK Group has forged strong partnerships with all major E-Commerce platforms in the nation. The group's commitment to excellence is evident in its team of over 1000 dedicated professionals. Discover more at www.rkgroup.biz.<br /> About Valuecart (Cross-border Business)<br /> Value Cart, a dynamic subsidiary of RK Group, ventured into the cross-border e-commerce landscape in 2019. The company has carved a niche by facilitating the entry of global brands into the Indian online marketplace, with a special emphasis on brands from China, Korea, the United States, and Japan. With a robust network of over 450 global suppliers, Value Cart proudly reports an annual GMV of 1600 Million INR. Dive deeper at www.valuecart.in.<br /> Position: VP, Finance & Accounts<br /> Role Overview:<br /> The VP of Finance & Accounts will be at the helm of Value Cart's financial operations ensuring regulatory compliance, and driving scale for the organisation.<br /> Key Responsibilities:  Financial Control: Develop comprehensive financial controls spanning treasury, compliance, and accounting domains. Craft bespoke Internal Financial Control (IFC)/ Risk Control Matrix (RCM) frameworks tailored to meet the stringent standards, including the Big 6, ensuring adherence to their control mandates. Proactively detect and address potential financial risks, implementing strategic measures to mitigate them effectively. Establish and uphold resilient internal financial control mechanisms to safeguard organizational assets and foster financial stability.  Advanced Finance Technology Proficiency: Possessing an extensive grasp of data and systems intricacies, adept at constructing dynamic dashboards and streamlined processes handling vast datasets. Proficient in analysing diverse Enterprise Resource Planning (ERP) solutions available in the market, with a knack for implementing cutting-edge ERPs to effectively manage business scalability.<br />  Tax & Compliance: Have a good understanding of TDS, GST, Income tax, FEMA and import regulations to ensure adherence to both direct and indirect tax regulations. Work with subject matter experts in finance to be fully compliance as per the evolving business landscape. Represent the organisation for all key matters related to compliance such as GST audit, scrutiny or notices.<br />  Stakeholder Communication: Engage and build relationships with key stakeholders, including AD banks, auditors, direct / indirect tax partners and government. Represent and problem solve with respective stakeholders.<br />  Team Leadership: Lead and mentor the finance and accounting team, fostering a culture of continuous improvement, collaboration and ownership across the team<br />  Operational Efficiency: Champion process improvements, leveraging technology to enhance efficiency and accuracy in financial operations.<br />  Mergers & Acquisitions: Play an instrumental role in potential M&A activities, from due diligence to financial modelling and valuation of the business.<br /> Qualifications & Experience:<br />  Educational Background: Chartered Accountant certification is mandatory. An MBA or equivalent post-graduate qualification is highly desirable.<br />  Experience: A minimum of 5+ years of progressive experience in finance, with a track record in senior financial managerial roles (taxes, audit, compliance). Experience in the e-commerce sector along with import experience is preferred.<br />  Technical Skills: Proficiency in financial software, advanced Excel functionalities. Understanding ERP systems for finance an advantage and any experience in transitioning from Tally to it is a significant advantage.<br />  Soft Skills: Exceptional leadership and communication abilities, analytical thinking, problem solving skills and a keen eye for detail. Ability to work in a fast-paced environment are crucial.

Powered by
HumanBit Logo