Finance Manager - CA (15-18 yrs)

Finance Manager

Key Responsibilities:

Leadership and Management:

- Provide leadership and strategic direction to the finance and accounting team, ensuring alignment with company goals.

- Oversee day-to-day financial operations including budgeting, reporting, auditing, and compliance.

- Report directly to the Managing Director, advising on financial strategies and performance.

Financial Reporting & Decision Support:

- Generate financial performance and MIS reports, including monthly profitability, sales analysis, and cash flow reports to aid in management decision-making.

- Ensure timely and accurate preparation and submission of financial statements (monthly, quarterly, and annual) and coordinate with auditors for finalization.

- Supervise and review monthly stock valuation and inventory physical verification, reconciling discrepancies.

- Provide financial insights and recommendations to improve business performance, profitability, and cost-efficiency.

Compliance & Taxation:

- Ensure compliance with statutory requirements for Income Tax, GST, Professional Taxes, and other regulations.

- Oversee the filing of TDS returns (Forms 24Q, 26Q, 27Q, and 27EQ), ensuring accurate and timely submission.

- Manage indirect taxation duties, including GSTR-3B, GSTR-1 filing, and reconciliation of input tax registers.

- Review and finalize GST Annual Returns (Form 9) and manage the completion of GST Audit (Form 9C).

Cash Flow & Working Capital Management:

- Responsible for planning and managing cash flows to ensure the business has sufficient liquidity for operations and expansion.

- Develop and manage payment schedules for creditors and receivables collection plans based on aging analysis.

- Work closely with banks on working capital management, payment processing, and issuing Bank Guarantees and Letters of Credit.

Reconciliation and Audits:

- Oversee monthly Bank Reconciliation Statements (BRS) and quarterly customer & vendor account reconciliation.

- Conduct regular scrutiny of ledgers, ensuring that all expenses, provisions, and prepaid expenses are correctly booked.

- Coordinate with internal and external auditors, resolving queries and ensuring compliance with audit requirements.

Payroll and Employee Taxation:

- Supervise the payroll processing in collaboration with the HR department, ensuring timely and accurate salary disbursements.

- Oversee TDS deductions for employees, ensuring compliance with tax laws on a monthly basis.

Strategic Planning & Process Improvement:

- Lead the development of business strategies around cost management, investment, and expansion based on financial insights and analysis.

- Suggest improvements to existing financial processes and systems to enhance efficiency and compliance.

Qualifications:

Education: Chartered Accountant (CA).

Must have prepared at least 3 balance sheets for a single company.

Experience: 15+ years in Finance, Accounting, and Taxation, specifically in the manufacturing sector.

Technical Skills:

- Proficient in ERP systems and accounting software.

- Strong working knowledge of GST, TDS, Income Tax, and other compliance regulations.

- Expertise in financial analysis, reporting, reconciliation, and audit processes.

- Experience with advanced license procedures for export and import, and related documentation.

Soft Skills:

- Strong leadership and team management skills, with the ability to mentor and lead a diverse team.

- Excellent problem-solving skills with a focus on strategic decision-making.

- Outstanding communication skills to effectively collaborate with internal teams, external auditors, and regulatory bodies.

- Ability to prioritize and manage multiple tasks efficiently while maintaining attention to detail