Head of Accounts & Finance
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Description
# Head of Accounts & Finance
## Company Overview
Pace Group is a reputable organization operating within the financial services industry, with a focus on wealth and asset management. The company emphasizes building robust financial processes and governance to support its growth and operational excellence. For more information about the company, visit [Pace Group About Us](https://www.pacefin.in/about-us).
## Job Summary
The Head of Accounts & Finance will serve as a senior finance leader responsible for independently managing and establishing the complete finance and accounts function for a new Wealth/Asset Management business. This role involves overseeing financial governance, cash flow management, controllership, accounting, taxation, and finance operations. The successful candidate will contribute to building a strong financial foundation, ensuring compliance, and providing strategic financial insights to support business growth.
## Responsibilities
- **Finance & Accounts Leadership**
- Independently lead and manage the entire Finance & Accounts function.
- Oversee controllership, accounting, taxation, and finance operations.
- Ensure accurate, timely financial reporting and accounting.
- Develop and implement a robust finance function for the new business.
- **Cash Flow & Fund Movement Management**
- Own and manage all cash flows and fund movements across the organization.
- Ensure seamless inflows and outflows of funds.
- Monitor liquidity and cash positions to support smooth business operations.
- Establish controls and processes for fund movement and cash management.
- **Treasury & Cash Management**
- Oversee treasury activities related to cash flow management.
- Plan, monitor, and manage cash flows effectively.
- Coordinate with stakeholders to maintain adequate liquidity levels.
- **Finance Processes, Controls & Governance**
- Establish and implement finance processes, systems, and controls.
- Develop reporting frameworks, policies, and governance mechanisms.
- Ensure compliance with applicable accounting, taxation, and financial regulations.
- Strengthen financial controls and operational efficiency.
- **Management Reporting & Business Partnership**
- Collaborate with management on financial reporting and strategic finance matters.
- Provide financial insights to support decision-making.
- Ensure timely and accurate reporting of the business’s financial performance.
- Act as a strategic partner to the leadership team.
## Qualifications
- Proven experience in **Finance & Accounts leadership**, preferably within **Asset Management, Wealth Management, AMC, or Financial Services**.
- Strong understanding of **financial governance, controllership, and compliance**.
- Expertise in **cash flow management, treasury operations, and fund movement**.
- Proficiency in **financial reporting, accounting standards, and taxation**.
- Experience in establishing **finance processes, controls, and governance frameworks**.
- Excellent **strategic thinking, leadership, and stakeholder management** skills.
- Educational qualifications such as **CA (Chartered Accountant), MBA in Finance, or equivalent**.
- Strong analytical and problem-solving skills.
## Preferred Skills
- Prior experience in building finance functions from the ground up.
- Knowledge of **regulatory requirements** specific to financial services.
- Ability to work in a fast-paced, dynamic environment.
- Strong communication and interpersonal skills.
- Proficiency in financial software and ERP systems.
## Experience
- Minimum of **10+ years** of relevant experience in finance leadership roles.
- Demonstrated experience managing finance operations for **new or growing businesses** within the financial services sector.
## Environment
- The role is based in **Mumbai** with a focus on building the finance function for a new business venture.
- The work environment involves collaboration with senior management and cross-functional teams.
- The position may require occasional stakeholder engagement and strategic planning.
## Salary
- Salary details are **not specified**; competitive compensation package will be offered based on experience and qualifications.
## GrowthOpportunities
- The role offers significant growth potential within the organization, including leadership opportunities in finance and strategic business roles as the company expands.
## Benefits
- Not specified; however, competitive benefits are expected in line with industry standards for senior finance roles.