Associate Vice President (AVP), Financial Operations

Associate vice-presidents (AVP) of finance collaborate with the vice president to ensure the integrity of finances of an organization, which includes making sure that it operates efficiently in the internal control system. They are responsible for making sure that the business follows good financial management practices, and also managing fiscal activities, accounting payable and receivable, budget and payroll, purchasing and various other areas.

AVPs of Finance and Operations must ensure that the business adheres to the applicable laws and regulations, both federal and state and regulations. They also collaborate closely with the external and internal auditors. They also must conduct reviews of performance for employees according to the company's guidelines procedures, policies, and procedures and give prompt feedback.

An undergraduate degree in financial management or another related field, and a significant amount of prior experience in management and finance is required for this job as well as strong verbal and writing skills are essential. Leadership and interpersonal skills are essential to create a solid teams, and they must also be proficient with Microsoft Office programs. They should keep their knowledge and skills current through reading financial journals and they can also conduct interviews with prospective senior employees, or guide and coach their employees.

As an Associate Vice President (AVP), Financial Operations in India with 6-9 years of experience, here are some main responsibilities:

• Analyze financial data, develop budgets, and provide strategic recommendations for efficient financial operations.
• Identify and assess financial risks, implement risk mitigation strategies, and ensure compliance with regulatory requirements.
• Streamline financial processes, identify areas for optimization, and implement effective control measures to enhance operational efficiency.
• Supervise and mentor a team of finance professionals, assign tasks, provide guidance, and foster a collaborative and high-performing work environment.

Major educational qualifications required for Associate Vice President (AVP), Financial Operations are:

• Bachelor's degree in accounting, finance, business administration, or any related area.
• Certifications like CPA, CFA, and CMA are highly recommended.

The role of Associate Vice President (AVP), Financial Operations is crucial in overseeing financial activities. If you have 6-9 years of experience in India, here are four alternative roles to consider:

• Senior Financial Controller: A position that involves managing financial operations at an organizational level, including financial planning, reporting, and analysis.
• Compliance Manager: A role focused on ensuring adherence to financial regulations and internal policies, conducting audits, and implementing risk management measures.
• Financial Planning and Analysis (FP&A) Manager: A position that involves analyzing financial data, creating budgets, forecasting financial performance, and providing strategic recommendations.
• Operations Manager: A role that oversees daily financial operations, including budgeting, expense management, and process improvement initiatives.

The role of Associate Vice President (AVP), Financial Operations, in India is projected to experience significant growth in the market. Based on a 10-year analysis, this position is expected to witness a steady increase in demand due to the expanding financial sector and evolving regulatory environment. With the Indian economy's upward trajectory, the AVP, Financial Operations role is anticipated to offer numerous employment opportunities. However, specific data on the exact number of future job openings may vary. Google's latest data points reveal a positive outlook for this position, suggesting a promising future for professionals in this role.