Finance Manager - CA

The Finance Manager manages the company's financial health by overseeing accounting operations, financial planning, reporting, and risk management, with a strong emphasis on industry-specific cost analysis, inventory valuation, and compliance with textile sector regulations.

Key responsibilities include financial forecasting, budgeting, managing cash flow, preparing financial statements, providing financial insights to management, and ensuring adherence to financial policies. The role requires strong analytical, communication, and leadership skills, proficiency in accounting software, and an understanding of the textile industry's unique financial challenges.

Key Responsibilities:

- Financial Planning & Analysis: Develop long-term business plans, create budgets, and perform variance analysis against budgets and forecasts.

- Reporting: Prepare and present financial reports, including P&L statements, division-wise analysis, and cost reports for management decision-making.

- Cost Management: Perform detailed cost analysis and calculation for all textile products to identify cost-saving opportunities and improve profitability.

- Cash Flow Management: Monitor cash inflows and outflows, manage working capital, and ensure sufficient funds to meet financial obligations.

- Risk Management: Implement financial policies and procedures to manage financial risks and ensure compliance with industry regulations.

- Stakeholder Management: Mediate financial discussions between the organization, employees, shareholders, and investors.

- Audit & Compliance: Oversee internal and external audits, manage statutory and tax filings, and ensure compliance with financial laws and tax regulations.

Required Skills & Qualifications:

Education:

- A Bachelor's degree in Finance or Accounting; a Master's degree or professional certifications like CA, CMA, or ACCA are highly beneficial.

- Industry Knowledge: Specific understanding of the textile or garment industry's financial aspects, including cost accounting, inventory management, and regulatory requirements.

- Soft Skills: Strong analytical, problem-solving, critical thinking, communication, and organizational skills, with the ability to manage multiple projects.

- Strategic Thinking: Ability to analyze market trends and company data to develop strategic financial plans and maximize company wealth.