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Finance Director


Vitasta Consulting Pvt Ltd


Location

Hyderabad | India


Job description

General Summary
The finance and accounting director will lead all aspects of PLTC global accounting operations developing and
implementing accounting policies and procedures that maximize revenues safeguard company assets create
efficiencies and improve financial reporting. The accounting and finance director will spear head the establishment of
the financial planning/budgeting pricing general accounting and financial reporting invoicing cash management
and accounts payable team and will play a key role in developing a strategy to ensure the financial viability for the
PLTC global and countryspecific supply chain services. This will include properly pricing services to achieve financial
targets and continuously adapting pricing strategies to ensure that they align with client and market needs to achieve
business pipeline targets. The director will work closely with the technical team Chemonics other supply chain
projects and corporate accounting and finance teams to ensure pricing strategies are responsive to the requirements
of each client while complying with PLTC financial requirements and objectives. This position will oversee all aspects
of PLTC global accounting operations developing and implementing accounting policies and procedures that
maximize revenues safeguard company assets create efficiencies and improve financial reporting.



Principal Duties and Responsibilities (Essential Functions)
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Responsible for the financial management and accounting functions within the organization
Leads the design and implementation of financial and accounting policies systems and process budget
management and ongoing financial modeling and analysis.
Prepares monthly quarterly and annual budgets and financial statements under applicable Generally Accepted
Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting standard and leads
necessary FAR/CAS compliance reporting
Records collection of accounts receivable and expenses incurred
Performs monthly reporting of actual versus budgeted performance balance sheet and cash flow and supporting
variance analysis
Scrutinizes the indirect rate performance as part of closing process and conduct management meetings to discuss
indirect cost performance versus budget
Prepares financial data and analysis and appropriate variance comments for presentation to the board of managers
Reports on forecasts for countryspecific and projectspecific budgets through tools systems and training
Oversees and directs staff in financial planning analysis and provides guidance on program financial control in
coordination with the Operations Team
Ensures compliance with finance requirements financial management best practices and risk mitigation strategies
and approaches
Ensures appropriate revenue recognition for various contract types including profit accrual
Supports tracking of LOE and spending against contract ceilings and obligations
Leads the development of cost strategies for proposals to maximize competitive advantage. Develops proposal
budget templates and narratives
Leads the development of pricing strategies to achieve financial targets adapting these strategies as needed to
ensure that they align with client and market needs to achieve business pipeline targets
Ensures corporate compliance in financial matters concerning payment requests and all related corporate policies
and procedures
Supports and directs strategy and contracting logistics to support new business efforts including but not limited to
initial pricing strategy discount approvals and contract strategy & negotiations
Reviews and translates into cost and pricing models labor travel and materialrelated basis of estimate from
technical / proposal personnel
Performs regular pricing analyses to complete customized pricing requests
Supports processing of all signed contracts including review recognition and invoicing schedule
Builds a skilled highperforming team to achieve positive financial performance tracking
Performs other duties as assigned



Qualifications
To perform this job successfully an individual must be able to perform each essential duty and responsibility satisfactorily. The qualifications listed below are representative of the required knowledge skills and/or abilities
needed to perform the principal duties.
Bachelors degree in accounting finance or related as well as indept knowledge of accounting processes and
controls IFRS and GAAP . MBA or CPA preferred.
Minimum of 10 years of professional experience with at least 7 years in finance and accounting management.
2 or more years of pricing experience with commercial contracts preferred.
At least 3 years of supervisory experience and demonstrated ability to manage and supervise staff multiple project
teams and remote staff.
Knowledge of Generally Accepted Accounting Principles (GAAP) and Accounting department management
proficiency required.
Experience with financial accounting software required preference will be given to candidates with a working
knowledge of Microsoft Dynamics Financial Modules.
Knowledge of FAR and Cost Accounting for Federal Government contracts is a plus.
Demonstrated ability to communicate clearly and concisely both orally and in writing lead effective meetings and
effectively deliver presentations.
Demonstrated leadership versatility and integrity.
Physical Requirements
Regular attendance and availability during normal business hours are required.
Ability to work in a normal office environment.
Occasionally lift and/or move up to 25 pounds.



Work Conditions
Normal office environment; usually moderate noise level.
Occasional exposure to environmental conditions include exposure to hot cold wet humid or windy conditions
caused by the weather.
Ability to travel and work abroad in less developed countries for at least 4 to 8 weeks a year.



Equal Employment Opportunity
Chemonics is an equal opportunity/Affirmative Action employer and does not discriminate in its selection and
employment practices. All qualified applicants will receive consideration for employment without regard to race
color religion sex national origin political affiliation sexual orientation gender identity marital status disability
protected veteran status genetic information age or other legally protected characteristics. Military veterans
AmeriCorps Peace Corps and other national service alumni are encouraged to apply.


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