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iServeU Technology - Manager - Finance (3-5 yrs)
iServeU
posted 4d ago
Fixed timing
Key skills for the job
Role Description :
- The Finance Manager will be responsible for overseeing financial operations, including budgeting, forecasting, financial analysis, and reporting.
- This role will involve working closely with senior management to provide financial insights that drive business decisions.
- The Finance Manager will ensure compliance with accounting standards and regulations while maintaining financial integrity and operational efficiency.
Key Responsibilities:
Financial Planning & Analysis:
- Lead the preparation and analysis of monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.
- Oversee the budgeting and forecasting process, ensuring alignment with company goals and financial objectives.
- Provide actionable financial insights to senior management for decision-making, cost control, and operational improvements.
- Perform variance analysis, identifying discrepancies between forecasted and actual results and providing recommendations for corrective actions.
Financial Reporting & Compliance:
- Ensure timely and accurate preparation of financial statements in compliance with accounting principles (GAAP, IFRS, or local standards).
- Manage tax compliance, including preparing tax returns and ensuring adherence to all tax regulations.
- Prepare financial reports for internal stakeholders, external auditors, and regulatory bodies.
- Ensure compliance with all financial regulations, standards, and company policies.
Cash Flow Management:
- Monitor and manage company cash flow, ensuring that funds are available to meet operational requirements and strategic investments.
- Oversee the management of working capital, including accounts receivable and accounts payable processes.
- Recommend strategies to optimize cash flow and liquidity.
Cost Control & Budget Management:
- Monitor operational costs and identify areas for cost reduction or efficiency improvement.
- Ensure adherence to the approved budget, working closely with department heads to manage departmental expenses and financial performance.
- Conduct cost-benefit analyses for key business decisions and investments.
Financial Strategy & Advisory:
- Provide strategic financial guidance to support business initiatives, including new projects, investments, and financial risk management.
- Work with senior leadership to align financial strategies with the company's overall business objectives.
- Advise on financial risk mitigation strategies, including investment decisions, mergers, and acquisitions, as required.
Audit & Internal Controls:
- Coordinate with external auditors for annual audits, ensuring timely and accurate completion.
- Develop and enforce internal controls to safeguard company assets and prevent fraud.
- Review financial systems and processes to identify and implement improvements.
Team Leadership & Development:
- Lead, manage, and mentor a team of finance professionals, providing guidance and ensuring high performance.
- Foster a collaborative environment, promoting continuous learning and professional development within the finance team.
- Delegate tasks and responsibilities to team members while ensuring the accuracy and efficiency of financial operations.
Stakeholder Communication:
- Communicate financial results and key metrics to senior management, shareholders, and other stakeholders.
- Prepare presentations and reports that communicate financial performance and strategic initiatives
Functional Areas: Other
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