Overview
Job Description: Associate Director of Finance
Position Overview:
We are seeking a highly accomplished Associate Director of Finance to join our leadership team in Pune.
This strategic role requires a seasoned finance professional with extensive experience in the ITES/IT industry, managing complex financial operations for large-scale organizations.
The successful candidate will drive financial excellence, strategic planning, and business growth through advanced financial modeling, compliance management, and cross-functional leadership.
Key Responsibilities:
Strategic Financial Leadership:
– Lead comprehensive financial planning and analysis for multi-million dollar revenue streams across various business units
– Drive strategic financial initiatives including mergers, acquisitions, joint ventures, and business expansion projects
– Partner with senior leadership to develop long-term financial strategies and business transformation roadmaps
– Oversee financial risk management and implement robust internal controls and governance frameworks
– Champion financial digitization and automation initiatives to enhance operational efficiency
Financial Planning & Analysis:
– Develop sophisticated financial models for ROI projections, scenario planning, and investment decision-making
– Lead annual budgeting and forecasting processes with detailed variance analysis and performance tracking
– Create comprehensive management reporting including executive dashboards, KPI analysis, and business intelligence
– Conduct advanced financial analysis for pricing strategies, profitability optimization, and cost management
– Drive capital allocation decisions and evaluate investment opportunities across technology and infrastructure
Compliance & Regulatory Management:
– Ensure adherence to Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFRS)
– Manage complex taxation compliance including GST, TDS, international taxation, and transfer pricing
– Oversee statutory audits and coordinate with external auditors, tax consultants, and regulatory bodies
– Implement GAAP compliance and ensure accurate financial reporting across all business entities
– Lead SOX compliance initiatives and maintain robust internal audit functions
Treasury & Cash Management:
– Optimize cash flow management and working capital across multiple currencies and geographies
– Manage banking relationships and negotiate credit facilities, foreign exchange hedging, and treasury operations
– Oversee accounts receivable and payable functions with focus on DSO optimization and vendor management
– Lead financial consolidation processes for subsidiary companies and international operations
Team Leadership & Development:
– Lead and mentor finance teams of 20+ professionals across multiple functions and locations
– Drive performance management and talent development initiatives within the finance organization
– Foster cross-functional collaboration with HR, Operations, Technology, and Sales teams
– Champion finance transformation through process improvement and best practice implementation
Required Qualifications:
Experience & Background:
– 15+ years of progressive finance experience in ITES/IT industry with minimum 5 years in senior leadership roles
– Proven track record of managing financial operations for organizations with 1000+ employees
– Deep expertise in managing P&L responsibility for revenue streams of 500+ Crores
– Experience with international operations and multi-currency financial management
– Background in financial transformation and ERP implementation projects
Technical Expertise:
– Mastery of Indian financial standards including Ind AS, Companies Act 2013, and SEBI regulations
– Advanced proficiency in taxation including direct tax, indirect tax, international taxation, and transfer pricing
– Expert knowledge of GAAP (US GAAP/IFRS) with experience in dual reporting requirements
– Sophisticated financial modeling skills with expertise in ROI analysis, NPV calculations, and scenario planning
– Proficiency in financial systems including SAP, Oracle, advanced Excel, and business intelligence tools
Leadership & Analytical Skills:
– Strategic thinking capability with ability to translate complex financial data into actionable business insights
– Executive presence with strong communication skills for board and investor presentations
– Project management expertise with experience leading large-scale financial initiatives
– Risk management acumen with understanding of financial controls and governance frameworks
– Change management skills with ability to drive organizational transformation
Industry Knowledge:
– Deep understanding of ITES/IT business models including software development, product engineering, and digital services
– Knowledge of revenue recognition principles for software and technology services
– Understanding of global delivery models and offshore-onshore cost structures
– Familiarity with technology investments and R&D cost management
– Experience with client contract negotiations and commercial terms evaluation
Preferred Qualifications:
– CA/CPA/CMA or equivalent professional accounting certification
– MBA in Finance from premier business school
– Industry certifications in risk management, treasury, or financial planning
– International assignment experience or exposure to global financial operations
– Experience with IPO preparation or public company financial reporting
– Knowledge of emerging technologies impact on financial operations (AI, blockchain, automation)
Key Performance Indicators:
– Financial accuracy and compliance with zero material audit findings
– ROI improvement through strategic financial initiatives and cost optimization
– Process efficiency gains measured through automation and digitization metrics
– Team development success through talent retention and capability building
– Stakeholder satisfaction from business partners and external auditors
What We Offer:
– Competitive compensation package up to 60 LPA with performance-based incentives
– Comprehensive benefits including premium health coverage, life insurance, and retirement plans
– Professional development opportunities including executive education and industry conferences
– Leadership platform to drive financial excellence and business transformation
– Flexible work arrangements with focus on results and work-life balance
– Growth opportunities within expanding organization and potential international assignments
Location: Pune, Maharashtra (Hybrid work model with flexibility for business travel)
Reporting Structure:
This position reports directly to the Chief Financial Officer/Finance Director and leads finance teams including Financial Planning & Analysis, Accounting, Treasury, Tax, and Financial Reporting functions.
Travel Requirements:
– Domestic travel: 20-25% for business meetings, audits, and subsidiary visits
– International travel: Occasional for global operations and stakeholder meetings