Finance and Accounts Manager

General Description of Roles & Responsibilities

• Provides decision making support for business / financial planning, budgeting, forecasting.
• Ensuring Cash management (including placement/movement of funds in various trusts/Banks).
• Well versed with bank guarantee process cycle & strong bank liaison.
• Liaison with banks/FIs for funds at most competitive rates, loan swapping, interest restructuring etc.
• Prepares financial reports involving the companys accounts for monthly board meetings.
• Carry out the verification of various documents viz Sales, Purchase and LC etc.
• Establishing internal control Checking system and Internal Audit Technique.
• Preparation and submission of Monthly Cash Flows, Collation of financial data & preparation of required MIS.
• Weekly preparation of debater’s reports
• Checking interest on various facilities in bank
• Ensuring periodic information to banks
• Preparation of data for annual renewal of bank facilities.
• Monthly and quarterly MIS reports to present the overall financial health of the company.
• Legal compliance -
• Book keeping as per compliance and accounting policies
• Forecasting and budgeting the spend for each department.
• Review periodically and working jointly with different departments for implementing the strategies for Cost reduction or controlling.
• Payment cycle improvement
• Periodic internal checks/audits
• Team development at corporate and plant level
• Cost benefit analysis of Funding strategies for future capital requirements
• Investment strategies and evaluation
• Tax planning
• GST
• Liasioning with bank, tax authorities.
• Proactive approach
• Pro- technology (ERP, MS- Office)
• Finalize the Annual Budget and Monthly Budget and Finding out Variance analysis.

Requisite Technical & Behavioral Competencies

• Should be trustworthy and high in integrity
• Should Have the ability to understand all aspects of the business
• Should be analytical
• Ability to communicate effectively
• Should be a multi-disciplined financial generalist
• Must follow good ethics and governance
• Should be update with IT tools
• Thorough in Financial and management accounting systems