Financial Manager

Financial Manager (10-15 yrs)

Objectives of this role:

- Provide comprehensive financial updates to senior managers by evaluating, analyzing, and reporting appropriate data points

- Guide financial decisions by applying company policies and procedures to current economic landscape

- Develop, implement, and maintain financial controls and guidelines

- Achieve budgeting goals with proper scheduling, analysis, and corrective actions

- Maximize payroll efficiency through innovative process development

- Help develop and support short- and long-term operational strategies

General Responsibilities:

- Maintain internal safeguards for revenue receipts, costs, and team and organizational budgets and actual expenditures

- Establish (in coordination with CFO) financial and operating benchmarks, budgets, program monitoring, and reporting standards on biweekly, monthly, and annual basis

- Implement consistent accounting policies, practices, and procedures across all programs, adhering to national and local legal standards while remaining knowledgeable of proposed legislation

- Develop and enforce internal controls to maximize protection of company assets, policies, procedures, and workflows

- Oversee and support accounting team with dynamic leadership that creates an environment of trust

and productivity

Key Responsibilities:

Financial Reporting & Operation:

- Preparing and ensuring the accuracy of financial statements, accounting operations, income statements, and balance sheets.

Budgeting and Forecasting:

- Coordinating the preparation of annual budgets and financial forecasts, and analyzing variances.

Internal Controls:

- Establishing, documenting, and monitoring financial policies and procedures to maintain strong internal controls.

Compliance:

- Overseeing adherence to financial laws, regulations, and tax filings.

Accounting Operations:

- Managing day-to-day accounting functions, including accounts payable, accounts receivable, billing, and payroll.

Audits:

- Coordinating internal and external audits and preparing final audit reports.

Cash Flow Management:

- Tracking and managing the company's cash flow to ensure sufficient funds for operations.

Financial Analysis:

- Conducting analysis on financial data to provide insights and support strategic decision-making.

Team Leadership:

- Managing, hiring, and training members of the finance and accounting teams & supervising accounting staff, and setting departmental priorities.

Risk Management:

- Monitoring financial processes, identifying weaknesses, and implementing strategies to minimize financial risk.

Required skills and qualifications:

- Ten or more years of professional accounting experience

- Strong understanding of banking processes and financial data analysis

- Working knowledge of national and local tax regulations and compliance reporting

- Experience in managing payroll, with focus on streamlining accounting processes

- Exemplary history of financial project management

Preferred skills and qualifications:

- Five or more years of experience as a senior-level accounting or finance manager

- Professional certification, such as CA (chartered accountant)

Key Skills:

- Analytical Thinking: Strong ability to analyze complex financial data and identify trends.

- Strategic Vision: Ability to think strategically and develop financial plans for future growth.

- Problem-Solving: Aptitude for finding solutions to complex financial challenges.

- Leadership: Skills to lead and direct the finance and accounting teams.

- Communication: Ability to clearly communicate complex financial information to both finance and non-finance stakeholders.

- Ethics: Strong commitment to ethical practices and responsible handling of sensitive financial data.

- Technical Accounting Knowledge: Expertise in accounting principles, financial reporting, and compliance.