Head - Finance Shared Services India

Alfa Laval Corporate AB; Pune District; On-site; INR 4,000,000 - 6,500,000; Full time

Job summary

Alfa Laval Corporate AB in Pune seeks a seasoned Head of Finance Shared Services India to lead end-to-end finance processes, including accounting, audits, and treasury. The role reports to the CFO India with a dotted line to the Global Head of Finance Shared Services.

You will drive ERP implementation (D365), process standardization, and governance. Strong leadership, IFRS/GAAP expertise, and stakeholder collaboration are essential.

Qualifications

• Qualified Chartered Accountant with strong IFRS/GAAP knowledge.
• 15-20 years of experience, at least 5 years in leadership.
• Experience leading a shared services/finance SSC, ERP implementations.

Responsibilities

• Lead end-to-end finance shared services operations and governance.
• Drive ERP transformation and harmonization across finance processes.
• Oversee treasury, accounts payable, general accounting, and internal controls.

Skills

Chartered Accountant

Leadership

IFRS/GAAP knowledge

ERP implementation experience

Stakeholder management

Education

CA Qualification

Job description

At Alfa Laval, we always go that extra mile to overcome the toughest challenges. Our driving force is to accelerate success for our customers, people, and planet. You can only achieve that by having dedicated people with a curious mind. Curiosity is the spark behind great ideas, and great ideas drive progress.

As a member of our team, you thrive in a truly diverse and inclusive workplace based on care and empowerment. You are here to make a difference. Constantly building bridges to the future with sustainable solutions that have an impact on our planet’s most urgent problems. Making the world a better place. Every day.

Head - Finance Shared Services India

The role will cover finance processes for Alfa Laval India: General Accounting and audit, fixed assets, Accounts Payable, Concur expense audit, treasury.

Role Description:

The role reports directly to CFO India with dotted line to Global Head of Finance Shared Services. Works closely with central finance team on various aspects.

As Head - Finance Shared Services India you will have following key responsibilities:

Success in this role will be measured not only through service delivery excellence but also through demonstrable ownership, simplification, standardization, transformation and governance of finance processes.

The person will lead implementation process of D365 ERP for finance functional areas.

1. Financial Accounting, Reporting and Audit

• Deliver timely and accurate monthly reporting. Ensure adherence to and improvement in monthly closing timelines.
• Strengthen governance and internal controls over financial reporting processes such as manual journals, balance sheet reconciliations, financial reviews.
• Ensure accurate books of account and compliance with IFRS, local GAAP and group policies.
• Co-ordination for and timely closure of group audits and statutory audits with continuous improvement.

2. Procure-to-Pay Operations & Accounts Payable

• Lead end-to-end Accounts Payable operations.
• Drive implementation and user adoption of Medius tool.
• Ensure full compliance in all processes including TDS, GST, IDPMS, MTT
• Drive payment cycle effectiveness and working capital visibility.

3. Concur & Employee Expense Governance

• Monitor compliance with travel and expense policies. Drive zero tolerance.
• Implement controls and exception reporting.

4. Treasury and cash management

• Ensure optimum investment of funds as per treasury policy
• Ensure close alignment with central treasury team
• Track and project cash flow - ensure availability of funds as required
• Be central point of contact for relationships with bankers and NBFCs. Lead co-ordination with banks for aspects such as RBI approvals (where required), EDPMS, IDPMS, MTT transactions closure.
• Update list of bank signatories on regular basis – keep signatory list current.

5. ERP Transformation Leadership

• Act as Finance Process Owner for ERP implementation till go live and beyond.
• Lead process harmonization and future-state finance design as per global template.
• Drive process transformation required for new ERP
• Drive user adoption and post-go-live stabilization.

6. Process Excellence, Automation & Digitization

• Drive implementation of global initiatives such as tools, processes in India.
• Drive simplification, standardization, transformation and governance.
• Implement automation and digitization projects.
• Minimize non-value-added activities and manual interventions.
• Define, measure and ensure adherence to KPIs and SLAs including quality, timeliness, productivity, compliance, cost efficiency.

7. Internal Controls & Risk Management

• Drive a strong control culture. Strengthen preventive and detective finance controls.
• Close all audit issues timely and implement sustainable actions to prevent recurrence.
• Map end-to-end processes and ensure all risk areas are appropriately mitigated.
• Ensure strict adherence to all applicable policies, processes and authority matrix
• Ensure appropriate backup documents, approvals, audit trail is available, retained and accessible easily. Eliminate person-dependence to retrieve records.

8. Stakeholder Management & Service Delivery

• Partner with business finance teams and leadership.
• Collaborate with internal stakeholders across all teams - global and local as well as external stakeholders such as auditors, banks, other service providers.
• Manage stakeholder expectations through service-level agreements.

9. People Leadership & Capability Development

• Build, coach and develop a high-performing finance shared services team.
• Establish cross-training and succession plans.
• Promote accountability, collaboration and continuous improvement.

To contribute effectively to our business, you will require these essential skills-

• Qualified Chartered Account
• 15-20 years of experience, at least 5 years in leadership role
• Proficient in accounting (IFRS, India GAAP) and strong process knowledge
• Working knowledge of India company law and taxation laws
• Hands-on experience with statutory audit and financial reporting
• Experience of leading shared service organization is recommended
• Preferred experience: ERP implementation, process improvement, working in a matrix MNC

Personal attributes:

• Go-getter attitude, willingness and ability to challenge the status quo and improve ways of working
• Ruthless focus on integrity, controls and compliance
• Ability to collaborate and work in sync with multiple stakeholders
• Ability to form and assertively put forward a point of view.
• An eye for detail
• High degree of ownership and accountability.
• Strong analytical and problem-solving capability.
• Ability to influence without direct authority.

Location: Pune

Why should you apply:

• We offer you an interesting and challenging position in an open and friendly environment where we help each otherto develop and create value for our customers.
• An exciting place to build a global network with different nationalities.
• Your work will have a true impact on Alfa Laval’s future success; you will be learning new things every day.

We care about diversity, inclusion and equity in our recruitment processes. We also believe behavioural traits can provideimportant insights into a candidate's fit to a role. To help us achieve this we apply Pymetrics assessments, and uponapplication you will be invited to play the assessment games.

#LI-HC2