Job Purpose - To help the organization achieve its financial goals by innovative initiatives towards cost saving and generating additional revenue for the business, overseeing the financial operations of the region and ensuring compliance to the legal requirements
Job Responsibility
1. Assisting the Regional Head with the responsibility for a region vis-a-vis the following:
Finance
Accounts
Budgetary controls
Project Budgeting & Pricing
MIS
Statutory compliances including direct and indirect tax & all Audit related matters
2. FAR verification in co-ordination with Admin, Security & IT team on quarterly basis & send confirmation to RFC
3. Ensure Embassy accounts reconciliation & control & confirmation to RFC on monthly basis.
4. Maintain tracker for business update & additional revenue/cost saving for south Asia & send to RFC on monthly basis (by 10th of every month)
5. Project/ Annual quarterly budgeting for the region(s)
6. Compliance to legal requirements, Internal reporting’, Kuoni code, Finance SOP & VFS Global policies.
7. Regular VAC visits and surprise audits so far as all the finance related activities are concerned etc. (At least 2 visits to each VAC in a year).
8. Ensure that there is no control failure
9. Compliance to internal audit requirement & closure of audit report within 7 working days
10. Ensure VFAR Compliance & submission of monthly compliance certificate by 7th of next month
11. Ensure Internal Customer Satisfaction
12. Prepare MIS for the region to portray the monthly profitability, variance analysis vis- -vis budgets. Ensure review of books/ MIS regularly & ensure proper control
13. Ensures Professional development of colleagues & team members. Recognizes training needs & provides for necessary trainings to individuals.
14. Prepare projected cash flow
15. Initiatives for cost saving & Revenue generation
16. Implementation of Special Projects such as ISO & SAP
17. Judicious use of natural resources
18. Shall adhere to environment health and safety policy/objectives and guidelines of the organization
Education: CA/ MBA in Finance /CFA or global equivalent preferably in Commerce or equivalent accounting degree.
Experience: Minimum of 12 years of relevant experience in finance & accounts in the service industry, preferably travel and tourism industry.
Key Skills: Good Analytical skills and Attention to detail.
As the world’s leading outsourcing and technology service specialist, VFS Global embraces technological innovation, including Generative AI, to support governments and diplomatic missions worldwide and provide travellers with a smooth visa application experience. A trusted partner to 69 client governments, we develop enhanced visa processes for global citizens through highly secure, reliable, efficient, and innovative technology solutions. A technology-driven company, VFS Global continuously transforms its business model with secure and efficient processes, market offerings, and advanced technologies, including AI/Analytics. Our work is limited to front-end administrative tasks, and we do not have any control over appointment availability, mandatory documentation requirements, and visa application decisions. Operating in 153 countries, our teams manage non-judgmental and administrative tasks related to applications for visa, passport, and consular services for our client governments, enabling them to focus entirely on the critical task of assessment. With an extensive global network of over 3,400 application centres, we have efficiently processed more than 292 million applications since 2001 and over 138.49 million biometric enrolments since 2007. Headquartered in Zurich and Dubai, VFS Global employs highly trained and dedicated staff across five continents, representing 131 nationalities. We are an employee-centric organisation, creating meaningful work opportunities and fostering successful careers in a diverse and inclusive workplace. VFS Global holds multiple certifications in data privacy, anti-bribery systems, and customer satisfaction, among others. We are also proud to be a Great Place to Work-certified organisation in India and China.