Head, Finance Shared Services Job in Fractal Analytics Inc

About Fractal

Fractal is one of the most prominent players in the Artificial Intelligence space. Fractals mission is to power every human decision in the enterprise and uses the power of AI to help the worlds most admired Fortune 500 companies. Fractals products include Qure.ai to assist radiologists make better diagnostic decisions, Cuddle.ai to assists CEOs and senior executives make better tactical and strategic decisions, Theremin.ai to improve investment decisions and Eugenie.ai to find anomalies in high velocity data. Fractal has consistently been rated as Indias best companies to work for, by The Great Place to Work Institute. Fractal has been featured as a leader in the Customer Analytics Service Providers Wave 2019 by Forrester Research, and recognized as an Honorable Vendor in 2019 magic quadrant for data & analytics by Gartner.

Position: Head Finance SSC

Roles & Responsibilities

• Lead and manage the Finance Shared Services Team. Oversee the smooth running of the Shared Services and ensure the accounting and reporting processes are in line with the companys policies.
• Reviewing and recommending measures for continuous improvement in internal controls and business processes.
• Responsible for accounting and related activities, including general accounting, cost accounting, MIS, cash management, internal controls, taxation compliances, payroll, accounts payable and accounts receivable.

Key Accountabilities

• Directs the planning, organization, operations and administration of Finance Shared Service Center.
• Provide leadership in establishing structured Operation Framework spanning Controllership, Financial Planning & Analysis and Compliances.
• Specific accountability for various global accounting/controllership processes; Accounts Payable, Fixed Assets, Tax & Other Regulatory Compliances, Inter-company accounting, Accounts Receivables Control, banking processes.
• Set up an Analytics team to perform Financial Planning & Analysis capabilities at the shared service center.
• Ensuring the operation is delivering to target as per the SOP and remains compliant with all controls and contractual obligations.
• Set-up controls across the level for establishing quality SLAs (Service Level Agreements)
• Set-up a structured and periodic MIS for effective reviews and business decisions
• Establish structured Review mechanism for periodic reviews to ensure compliances and formalize audit and review metrics for process adherence rates and KPIs
• Benchmark processes against best in class and drive the team accordingly

People Management

• Lead, motivate, develop and performance manage the Finance Team and provide the necessary support for success.
• Complete KPI assessment of direct reports within Company specified time frame.

Key Deliverables

• Build and maintain a relationship with key stakeholders both within Finance and the business operations and continuously optimize the shared services delivery and leadership model
• Continue to drive expected cost savings through effective budgeting and control
• Reduced errors in processing
• Better practice and continuous improvement
• Improved financial and operational control
• Improved service level monitoring
• Working capital improvements
• Optimization of the technology investment
• Improved scalability and the ability to rapidly Integrate

Desired Qualifications

Candidate should have a CA degree with post qualification work experience of more than 10 years with a major company or division of a large corporation. The candidate should have led Shared Service Center for a minimum period of 5 years and at least 2 years should be with the large corporations having revenue of INR 500 Cr or more.

Knowledge of US GAAP and/or IFRS will be an added advantage.

Key Skills

• Strong Analytical Skills
• Ability to work with Senior Management, understand the business challenges and provide leadership support
• Translate the Statutory & regulatory changes to impact on business operations
• Exceptional interpersonal, organizational and analytical skills
• Strong written and verbal communication skill
• IT skills Knowledge of SAP is a must.