Director – Finance & Accounting – IT Services – CA CaptiveAide Advisory

The Corporate Institute; Hyderabad; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

The Corporate Institute in Hyderabad, India is seeking a hands-on Director of Finance & Accounting to lead controllership, accounting operations, and statutory compliance for the India entity. You will drive financial controls, close cycles, and cross-border collaboration with global teams.

The role requires CA qualification with 10+ years in accounting and finance operations, including Ind AS and US GAAP, and experience managing a small team.

Qualifications

• CA qualification is mandatory and must be registered.
• Over 10 years of progressive experience in accounting, controllership, and finance operations.
• Strong knowledge of Ind AS and US GAAP.

Responsibilities

• Lead controllership and corporate reporting to ensure accurate, timely financials.
• Manage month-end and quarter-end close processes, balance sheet reconciliations, and audits.
• Oversee vendor management, in-housing transition, and regulatory compliance for India entity.
• Develop and mentor a small finance team of 4–6 professionals.
• Collaborate with global Finance, Tax, Legal, and HR for cross-border operations.
• Establish robust internal controls and financial policies.

Skills

Leadership

Team management

Stakeholder management

English communication

Risk management

Strategic thinking

Education

CA qualification

Tools

Oracle NetSuite

SAP

Job description

Position Overview:

We are seeking a hands‑on Director, Finance & Accounting to lead controllership, accounting operations, and statutory compliance for our India entity.

In this high‑impact leadership role within a dynamic, fast‑paced environment, you will strengthen the local financial control framework, drive review discipline and process improvements, ensure timely compliance, and manage a team of 4 – 6 finance professionals. You will partner closely with global Finance, Tax, Legal, and HR teams to support seamless cross‑border operations.

Key Responsibilities:

1. Controllership & Corporate Reporting:

• – Design, document, and continuously refine the India financial controls framework (approval matrices, segregation of duties, review requirements, and supporting documentation).
• – Lead month‑end and quarter‑end close processes to guarantee accurate, complete, and timely reporting.
• – Deliver complete group reporting packages to global headquarters.
• – Review balance sheet reconciliations, journal entries, flux analyses, and supporting schedules, promptly resolving any discrepancies.
• – Establish standardized SOPs, close checklists, reconciliation templates, and a centralized compliance calendar.
• – Oversee accounts payable, employee reimbursements, vendor bill approvals, and bank payments with stringent controls and independent review.
• – Manage end‑to‑end AR, third‑party and intercompany invoicing, collection monitoring, and billing dispute resolution.
• – Direct intercompany accounting, reconciliations, confirmations, and settlement of differences with global counterparts.
• – Lead statutory and internal audits from planning to closure, directing remediation and closing findings on schedule.
• – Maintain a comprehensive finance risk register and escalates control, reporting, or compliance risks proactively.
• – Direct, develop, and mentor a team of 4 – 6 finance professionals.

2. Vendor Management & In‑Housing Transition:

• – Manage relationships with external outsourced compliance and statutory accounting vendors, establishing scope, SLAs, and quality gates for tax, RBI/FEMA, and secretarial filings.
• – Review vendor‑prepared computations and filings prior to submission, holding final regulatory sign‑off accountability.
• – Monitor vendor performance against the compliance calendar, escalating delays, quality gaps, or regulatory notices.
• – Formulate and execute a strategic transition plan to build in‑house capabilities (hiring, systems, and training) to directly manage Income Tax, TDS, GST, RBI/FEMA, and Companies Act compliance.
• – Re‑scope, renegotiate, or exit external vendor contracts as compliance functions successfully move in‑house.

3. Statutory Compliance:

• – Review and approve Income Tax, TDS, GST computations, return filings, advance tax, assessments, and notice responses.
• – Oversee RBI/FEMA filings and coordinate directly with banking partners and external legal/financial advisors as needed.
• – Ensure end‑to‑end secretarial compliance under the Companies Act, 2013 (MCA filings, statutory registers, and board documentation).

Qualifications & Experience:

Required:

• – Education: Chartered Accountant (CA) qualification is mandatory.
• – Experience: 10+ years of progressive experience in accounting, controllership, and finance operations.
• – Accounting Standards: Strong practical knowledge of Ind AS and US GAAP.
• – Tax & Compliance: Direct hands‑on working knowledge of Indian Direct Tax, TDS, GST, statutory returns, assessments, and regulatory notices.
• – Audit & Controls: Proven track record in owning statutory/internal audits and establishing robust internal financial controls for a subsidiary of a US‑listed public company.
• – FEMA/RBI Knowledge: Working knowledge of RBI and FEMA regulatory compliance within a multinational / foreign‑investment structure.
• – Vendor Management: Demonstrated experience managing outsourced service providers, defining SLAs, and holding partners accountable for quality and timelines.
• – Leadership: Proven experience managing small‑to‑mid‑sized finance teams with strong English communication and stakeholder management skills.

Preferred:

• – Background with a Big 4 or top‑tier audit firm.
• – Prior experience in IT Services, Technology Consulting, or Global Capability Centers (GCC).
• – Hands‑on experience with Enterprise ERPs such as Oracle NetSuite or SAP.
• – Direct experience handling SOX compliance and public company internal control frameworks.
• – Prior hands‑on experience in secretarial compliance under the Companies Act, 2013.