Finance Manager - Manufacturing (10-15 yrs)

Position overview:

The Financial Controller will be responsible for overseeing and managing the financial operations, reporting, and compliance to ensure the company's financial health, accuracy, and adherence to relevant regulations.

- The Financial Controller will play a crucial role in providing financial insights, forecasting, and strategic planning to support the overall business objectives and partner with Business Head for growth initiatives.

Duties/Responsibilities:

Business Acumen:

- Understanding the company's overall business operations, market dynamics, and industry trends to provide valuable financial insights and recommendations.

Accounting Expertise:

- Strong knowledge of accounting principles, practices, and standards. This includes understanding Generally Accepted Accounting Principles (GAAP) or Indian Accounting Standards (Ind-AS).

Financial Strategy and Planning:

- Contribute to the development of the companys financial strategy, working closely with the executive team to align financial objectives with overall business goals.

- Provide financial insights and recommendations to support strategic decision-making.

- Cash Flow Management and Financial Operations

- Monitor and manage cash flow to ensure sufficient liquidity for the company's operations.

- Evaluate investment opportunities and financing options to optimize cash management.

- Manage day-to-day financial operations, including accounts payable, accounts receivable.

Job Description:

Manager - Finance

- Review financial transactions to ensure accuracy and proper authorization.

Financial Reporting and Analysis:

- Prepare and present accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

- Analyze financial data and provide insights into the company's financial performance, trends, and areas for improvement.

- Implement and maintain a robust financial reporting system that adheres to accounting standards and regulatory requirements.

- Knowledge of internal control procedures and regulations to ensure compliance with relevant laws and accounting standards. This involves safeguarding company assets and maintaining accurate records.

Budgeting and Forecasting:

- Budgeting, financial forecasts, and variance analysis.

- Collaborate with senior management to develop annual budgets and financial forecasts.

- Monitor actual performance against budgets and forecasts, identifying variances and recommending corrective actions.

Financial Compliance and Analysis:

- Ensure compliance with all relevant financial laws, regulations, and accounting principles.

- Oversee internal and external audits, providing necessary documentation and addressing audit findings.

- Ability to perform in-depth financial analysis, identify trends, interpret financial data, and provide insights to aid in decision-making. This may include analyzing profitability, cost structures, and key performance indicators (KPIs).

Risk Management:

- Assess and mitigate financial risks, including credit, market, and liquidity risks.

- Develop and implement internal controls to safeguard company assets.

Team Management:

- Lead and mentor the finance team, fostering a culture of high performance and continuous improvement.

- Ensure that the team is appropriately trained and equipped to fulfill their responsibilities effectively.

Education and Experience:

- Qualified Chartered Accountant

- Proven experience (typically 10-12 years) in a financial leadership role, preferably as a Financial Controller or similar position.

- Preferably age below 40.

- Strong knowledge of accounting principles, financial reporting standards, and relevant laws and regulations.

- Demonstrated expertise in financial analysis, budgeting, and forecasting.

- Experience in cash flow management, risk assessment, and internal controls implementation.

- Proficiency in financial software and ERP systems. Implementation experience preferred.

- Excellent analytical, problem-solving, and decision-making skills.

- Effective communication and presentation abilities to liaise with various stakeholders.

- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.