Assistant Vice President – FAAS – Accounting & Business Advisory – CA Chartered Club

The Corporate Institute; Gurugram District; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Valueonshore Advisors is seeking an Assistant Vice President in FAAS, based in Gurgaon, to lead finance and accounting teams and deliver strategic financial solutions for clients.

You will work with the MD for strategic FAAS decisions, oversee audits, and ensure compliance across US GAAP, IFRS, and Indian GAAP, while mentoring staff and driving efficiency.

Qualifications

• Progressive experience in accounting, auditing, and financial management.
• Leadership experience in a similar managerial role, preferably in a mid-sized to large consulting firm.
• Working experience in Indian GAAP, US GAAP, IFRS is a must.
• Experience managing client deliverables within FAAS.

Responsibilities

• Lead the finance and accounts team, providing guidance and training.
• Oversee accounting operations including Billing, A/R, A/P, GL, Cost accounting, Inventory, and Revenue recognition.
• Manage internal and external audits, ensuring thorough preparation and coordination.
• Ensure compliance with accounting standards and regulatory requirements.
• Lead budgeting and forecasting, with variance analysis and management reporting.
• Prepare financial reports and financial models for leadership and board.
• Collaborate with senior leadership on strategic planning and risk assessment.
• Mentor and develop finance staff to sustain high performance.

Skills

Leadership

Communication

Financial analysis

Strategic planning

Problem solving

Team management

Attention to detail

Tools

US GAAP

IFRS/IndAS

Job description

Division: FAAS

Designation: Assistant Vice President

Location: Gurgaon

Company profile:

Valueonshore Advisors is an international business advisory firm specializing in governance, accounting, finance, technology, and operations. With a broad range of functional and industry expertise, we partner with our clients to implement solutions across the transaction and business lifecycle.

Since its inception, Valueonshore Advisors has built up an impressive roster of clients across the country, attracted top talent, expanded its geographic footprint, and grown over the last 14 years to become the premier advisory firm it is today.

Our team of over 300 experienced professionals provides customized solutions and relevant industry insights to clients across the growth stages, ranging from Fortune 500 companies, large conglomerates, mid-market companies, and start-ups.

Position Overview:

As an AVP of FAAS, your primary responsibilities will involve understanding customer needs and business challenges and formulating solutions for the Financial Advisory vertical. You will manage a team of Senior Managers / Managers and look after Client deliverables within our FAAS vertical. You will work closely with the MD for strategic decisions for the FAAS Vertical.

Responsibilities:

Financial Leadership:

• Lead the finance and accounts team, providing guidance, training, and support.
• Develop and implement financial strategies, policies, and procedures.
• Oversee the preparation and analysis of financial statements, ensuring accuracy and compliance.
• Develop and maintain robust internal controls to safeguard assets and ensure financial integrity.

Accounting and Auditing:

• Supervise all accounting operations including Billing, A/R, A/P, GL, Cost Accounting, Inventory Accounting, and Revenue Recognition.
• Manage internal and external audits, ensuring thorough preparation and coordination.
• Ensure compliance with accounting standards and regulatory requirements.
• Knowledge of Accounting Standards and applications of US GAAP, IFRS, IndAS, and Indian GAAP.
• Provide Technical Accounting guidance to the Team members or Clients based on the above GAAP standards.

Budgeting and Forecasting:

• Lead the budgeting process, including the preparation of annual budgets and periodic forecasts.
• Monitor budgetary performance and provide detailed variance analysis.
• Present financial forecasts and strategies to senior management and stakeholders.

Financial Reporting:

• Prepare comprehensive financial reports and presentations for executive management and board meetings.
• Ensure timely and accurate reporting of financial performance.
• Prepare Financial Models and analytics.

Strategic Planning:

• Collaborate with senior leadership to drive financial planning and strategic decision-making.
• Identify financial risks and opportunities, providing actionable recommendations.
• Evaluate and improve financial processes to enhance efficiency and effectiveness.

Communication and Collaboration:

• Act as the primary financial liaison across departments, ensuring clear and effective communication.
• Engage with external stakeholders, including auditors, regulatory bodies, and financial institutions.
• Mentor and develop finance staff, fostering a collaborative and high-performance culture.

Professional Experience:

• Progressive experience in accounting, auditing, and financial management.
• Proven leadership experience in a similar managerial role, preferably in a mid-sized to large consulting firm.
• Working experience in Indian GAAP, US GAAP, IFRS is a must.

Soft Skills:

• Exceptional verbal and written communication skills.
• Strong leadership and team management abilities.
• Excellent analytical, strategic thinking, and problem-solving skills.
• High attention to detail and organizational skills.
• Ability to work effectively under pressure and meet tight deadlines