1 HMSHost Job

Job description

We are seeking a highly skilled and experienced individual to join our company as the Finance Manager. The ideal candidate will be a strategic thinker, a dynamic leader, and a seasoned finance professional with a proven track record of successfully managing financial operations. As the Finance Manager, you will be responsible for overseeing all aspects of our financial management, contributing to the company's financial growth, and ensuring compliance with relevant regulations.

Role & responsibilities

Responsibilities : -

1. Financial Strategy and Planning:

• Develop and implement financial strategies aligned with the company's goals and objectives.
• Analyze market trends, economic indicators, and industry developments to provide insights for informed financial decisions.
• Collaborate with executive management to establish financial targets and long-term financial plans.

2. Budgeting and Forecasting:

• Lead the annual budgeting process and provide guidance to departments on budget preparation.
• Monitor budget performance and provide regular variance analysis reports.
• Develop accurate financial forecasts to assist in strategic decision-making.

3. Financial Reporting and Analysis:

• Prepare timely and accurate financial reports, including income statements, balance sheets, and cash flow statements.
• Conduct in-depth financial analysis to identify trends, opportunities, and areas for improvement.
• Present financial data to executive leadership and the board of directors.

4. Risk Management:

• Identify financial risks and implement strategies to mitigate them.
• Ensure compliance with accounting standards, tax regulations and other financial laws.
• Oversee internal controls to safeguard company assets and prevent fraud.

5. Treasury and Cash Management:

• Manage cash flow to ensure sufficient liquidity for operational needs and investments.
• Optimize working capital by monitoring receivables, payables, and inventory levels.
• Explore opportunities for investment to maximize returns on surplus funds.

6. Financial Operations:

• Supervise the accounting team, including accounts payable, accounts receivable, and general ledger functions.
• Review financial transactions, reconciliations, and journal entries to ensure accuracy.
• Coordinate with internal & external auditors and oversee the audit process.

7. Team Leadership and Development:

• Provide strong leadership to the finance team, fostering a collaborative and high-performing environment.
• Set performance expectations, conduct performance evaluations, and support professional growth.

8. Strategic Partnerships:

• Collaborate with other departments to provide financial insights for strategic initiatives.

Build relationships with external stakeholders

Preferred candidate profile

• Bachelor's degree in Finance, Accounting, Business Administration, or related field (Master's degree preferred).
• CA, ICWA, or other relevant professional certifications are a plus.
• 6+ years of progressive experience in finance, with 2+ years in managerial or leadership roles.
• In-depth knowledge of financial principles, regulations, and standards.
• Proven track record of financial planning, analysis, and reporting.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Proficiency in financial software and tools.
• Ability to thrive in a fast-paced and dynamic environment.
• Experience in Hospitality and Restaurants will be added advantage

Perks and benefits

Salary + Bonus + Group Accident Policy Cover of 5 Lacs