Finance Manager

Role – Finance Manager

Qualification

B.com/M.com/Any Finance Post Graduation Degree Masters – Accounting, MBA Finance (Preferable)

Key Responsibilities

·         Manage and oversee the daily operations of the accounting department

·         Direct and oversee all aspects of the Finance & Accounting functions of the organization. Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.

·         Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations; recommending new procedures.

·         Assist in formulating the company's future direction and plan strategic initiatives

·         Internal Control over Financial Reporting

·         Risk Management and Policies

·         Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to Business manager and Budget Owners, establishing functional objectives in line with organizational objectives

·         Develops organization prospects by studying revenue opportunities/leakages; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; conserving capital to fund expansion.

·         Assist the management in identifying drafting of annual budgets, and determining cost effectiveness of prospective service delivery

·         Ensure that the company complies with legal and regulatory requirements

·         Represent the company with bankers and investors

·         Control, compliance and reporting of related party transaction and Transfer Pricing arrangement

·         Maintains financial security by establishing internal controls.

·         Oversee international operations and manage subsidiary

·         Ensure accuracy, completeness and quality of regulatory submissions. Ensure that all submissions comply with the current regulatory guidelines at all times.

·         Provide support and maintenance to existing MIS.

·         To manage and develop the core MIS system in order to meet the Data and Information requirements of a diverse range of stakeholders, including: Strategic Management Team, various departments, BOD, regulatory bodies, partner organizations and other stakeholders.

·          

* Competencies

Soft Skills

Domain/Functional Competencies

Technical Competencies

·         Ability to exercise sound judgment

·         High level of integrity and dependability with a strong sense of urgency and results-orientation.

·         Investment & Credit Risk Knowledge

·         Valuation

·         Audit and Assurance

·         Legal Compliance

·         Taxation

·         Proven knowledge of accounting   principles, practices, standards, laws and regulations

·         Business finance

·         Advanced computer skills on MS Office, accounting software and databases

Interfaces 

HR, IT & Infra, Operations, Management, BD & Sales, Other departments as required etc.

Auditors (statutory and internal), bankers and statutory authorities

CEO, Advisors and Consultants

Tax Consultants, Statutory and Internal auditors, Sales tax, Income Tax, Service Tax, Excise, Customs, STPI