Overview
Financial Control
– Prepare financial accounts, statements, budgets
– Maintaining accounts and financials as required under the statute
– Ensuring risks mitigation measures, controls are in place and tested periodically
– Ensuring accounts are maintained accurately, timely and free of errors
– Escalation matrix is put in place along with thresholds / scenarios in which escalation needs to be exercised
– Set up and implement a seamless Expense management process including approval matrix and reporting.
– Verifying all vendor pay-outs and reimbursements, review and approve distributor payouts.
Audit
– Liaison with internal / external / regulatory / group auditors
– Submitting reports, information for board / audit committee and other such meetings
Regulatory and Governance
– Handing listing requirement reporting to exchange / CS team
– Obtaining required certificate from CA / Statutory auditor on time to time basis
Management Information & Support
– Financial Group MIS which includes business vertical wise reports and forecasts.
– Preparing MIS and other data to provide to the Management on a periodical basis.
– Preparing consolidated data for MIS
– Reviewing vertical wise expenses and allocations
– Periodic Peer group analysis (at least annually) to benchmark our processes and optimize related controls.
– Work with management team on revenue optimization ideas across fee margins, new initiatives