Manager - Finance (5-7 yrs)

About the Job:

This position is responsible for overseeing all aspects of the company's financial operations, ensuring financial stability, and driving strategic decision-making through sound financial analysis.

The Finance Manager will play a critical role in managing the company's financial health, optimizing profitability, and ensuring compliance with all relevant regulations.

Key Responsibilities:

Financial Management:

- Oversee the preparation of financial statements, including income statements, balance sheets, and cash flow statements, ensuring accuracy and adherence to accounting standards.

- Develop and manage annual budgets and forecasts, including revenue, expenses, and capital expenditure plans.

- Monitor cash flow, working capital, and liquidity to ensure the company's financial stability and identify potential shortfalls or surpluses.

- Analyze financial performance through key performance indicators (KPIs) and variance analysis, identifying trends and areas for improvement.

- Develop and implement robust risk mitigation strategies to minimize financial risks, such as credit risk, market risk, and operational risk.

- Advise management on financial implications of strategic decisions and provide recommendations for cost optimization and operational efficiency.

Accounting Operations:

- Ensure the accurate and timely maintenance of general ledger and other financial records in accordance with generally accepted accounting principles (GAAP).

- Supervise month-end and year-end closing processes, including journal entries, reconciliations, and financial statement preparation.

- Oversee accounts payable, receivable, payroll, and fixed asset management processes, ensuring timely and accurate processing.

- Develop and implement strong internal controls to safeguard company assets, ensure the integrity of financial reporting, and enhance operational efficiency.

Taxation and Compliance:

- Ensure compliance with all applicable statutory regulations, including income tax, sales tax, and other relevant taxes.

- Manage tax planning, filing, and assessments to optimize the company's tax position and minimize tax liabilities.

- Stay abreast of changes in accounting standards, tax laws, and regulatory requirements, and ensure compliance with all relevant updates.

Team Leadership and Development:

- Lead, mentor, and develop a high-performing team of finance and accounting professionals.

- Foster a culture of accountability, continuous improvement, and high performance within the finance department.

- Identify training needs and organize professional development programs for team members to enhance their skills and knowledge.

Qualifications:

Education: Master's degree in Finance, Accounting, or a related field.

Experience: Minimum 5-7 years of relevant experience in a finance or accounting role, with at least 3 years in a managerial position.

Skills:

- Strong analytical and problem-solving skills

- Excellent communication and interpersonal skills

- Advanced proficiency in Microsoft Excel and other financial software

- Knowledge of accounting principles (GAAP) and financial reporting standards

- Experience with ERP systems (e. , SAP, Oracle) preferred

- Strong leadership, mentorship, and team management skills