Assistant Manager - Finance

Job Title: Assistant Manager

Experience: 3-4 Yr

NP: 30-60 Days

Location: Mumbai Andheri East

Primary Skills: Chartered Accountant, Financial Planning, Accounts background

Educational: MBA or CA

Key Responsibilities

1. MIS & Financial Reporting

- Prepare and maintain comprehensive financial MIS reports- to track revenue, expenses, and profitability.

- Ensure accurate data reconciliation- between actual financials and projections.

- Generate project-wise financial reports- covering budgets, actual expenses, and deviations.

- Present variance analysis- with justifications for management review.

- Automate and optimize MIS reporting using advanced Excel, Power BI, or ERP systems- .

2. Budgeting & Cost Monitoring

- Assist in preparing detailed budgets for projects, departments, and cost centers- .

- Track budget vs. actual performance- at a granular level and highlight deviations.

- Identify cost-saving opportunities- and recommend corrective actions.

- Support finance teams in expense rationalization and fund utilization planning- .

3. Accounts & Finance Optimization

- Monitor accounts payable (AP), accounts receivable (AR), and working capital to improve efficiency.

Ensure accurate accounting entries and reconciliations- for project costs and operational expenses.

- Work closely with the accounts team to improve financial controls and reporting processes.

- Support internal audits by preparing financial data and compliance reports- .

4. Cash Flow & Expense Management

- Track and forecast cash flow requirements for projects and departments- .

- Identify operational inefficiencies in financial transactions- and propose process improvements.

- Ensure timely vendor payments, invoice tracking, and cost management.

5. Compliance & Risk Management

- Ensure compliance with IND-AS, IFRS, and other regulatory financial reporting standards.

- Support internal and statutory audits- by preparing financial documents and reconciliations.

- Monitor financial risks related to budget overruns, misallocations, and compliance gaps.

6. Process Automation & System Enhancement

- Assist in the automation of financial reporting and analysis- .

- Work with IT and finance teams to improve ERP and financial systems efficiency- .

- Implement data visualization tools like Power BI/Tableau- for better financial insights.

7. Financial Analysis & Business Insights

- Conduct in-depth financial data analysis- to identify trends and provide actionable insights.

- Track financial KPIs for management reporting and decision-making.

- Assist in financial modeling for forecasting and budgeting enhancement