Looking for MCOM PEOPLE NOT CA/CS. Department: Finance Reporting to: Director Resource: 5 - 6 resources Work Location: Corporate Office, Bangalore Department Summary : - Finance Department is one of the most critical functions of the organization. It is responsible for financial planning and accounting, including revenue forecasting and expenditure control, thus ensuring that adequate funds are available for achieving the objectives of the organization. - It will have a complete control and record of financial transactions, maintenance of internal control procedures such as financial regulations, inflow and outflow of funds, high alertness and compliance with all statutory pay outs and other requirements ; preparing financial reports, profit and loss a/c etc. Communicate and advise management on financial status from time to time, so that management can take appropriate decisions. Purpose of the Position : - The Finance Head will partner with Director as the custodian of organisation's long term financial health. He will play a key role in developing, monitoring and evaluating overall performance of the organisation with emphasis on bottom line /profitability, working capital and enhancing shareholder value. This position will provide useful financial insights to help make better decisions about formulating and executing long term business strategy, as also about business investments and source of funds. Key Performance Area : 1. Budgetary Planning 2. Financial Performance Management 3. Strategic Finance 4. Statutory Compliances 5. People Management Responsibilities & Duties : Budgetary Planning : - Drive the annual budget process for timely completion and proactively monitor/drive for delivery of revenue and profit objectives - Monitor and direct the implementation of strategies and key action steps in annual business plan - Conduct meaningful proactive analysis to improve key business decisions Develop performance measures that support P & L delivery with an alert eye on cost management - Regular monitoring of organisation's financial performance, enabling timely course correction through respective function colleagues Financial Performance Management : - Proactively manage cash flow for smooth operation and working capital management - Manage capital budgeting, communicate capital requirements/ implications of business decisions to Core Team - Grow equity value - increase gross profit and reduce debt. - Manage Profit & Loss Accounts and Financial Management of the company. - Lead the preparation of quarterly forecasts, monthly analysis and quarterly operating reviews, through timely and accurate MIS in relation to funding activities and deployment / utilization of funds - Ensure compliance with local, state, and statutory budgetary reporting requirements - Responsible for sourcing funds requirements to support Working Capital needs - Recommend benchmarks for measuring the financial and operating performance - Monitor and analyse monthly operating results against budget. Manage the preparation of all financial reports - Manage the preparation of financial outlooks and financial forecasts - Manage relationship with banks and financial institutions to ensure cost effective and preferential services for Handiman. Review credit rating periodically and develop mechanisms to ensure achievement of target credit rating - Finalize templates for project costing and liaise with department heads to periodically review effort-cost associations; communicate rationale for project costing to concerned Heads of Departments - Assist Management in the development of guidelines for investment of Handiman funds in line with financial risk management guidelines Strategic Finance : - Provide useful financial insights to help make better decisions about formulating and executing long term business strategy - IPO, Acquisition, mergers - Financial and Strategic Planning in terms of Risk assessment, efficient internal control, Performance Management, Decision analysis and Risk Management - Strategic Planning & Management - Part of the Senior Management team, contributing to the strategy formulation, resourcing, implementation and evaluation - Develop and implement policies on the banking mix for project level and corporate level fund requirements - Evaluation and guidance on new business opportunity and investment in new business projects - Effectively manage sponsor, bank, board of director and financial advisor relationships - Ensures efficient capital expenditures for minimizing taxes Statutory Compliances : - Annual returns and filing - Direct and Indirect taxation - Develop financial and tax strategies - Custodian of internal and external compliances People Management : - Develop and coach existing team, proactively replace underperformers as needed - Must have Operational control with the team through planning/review system - Training and capability building and take complete operational control - Foster an environment of learning, excellence and innovation within all aspects of team work Academics & Qualification : - Should have a master's degree in accounting or business administration (Finance). Preferably Chartered Accountant Work Experience : - 5 - 10 years of experience, including at least 5-7 years of leadership management experience in a business partnering / strategic decision support role - Should have a strong background and specialization in Finance function, with an orientation towards Business Finance and Business Partnering - Exposure to IPO handling experience with entrepreneurial setup will be an advantage - Should have exposure to multi-cultural work environments Functional Skills - Excellent Communication Skills - Proven ability for resolving conflicts /issues - Strategic outlook, good commercial sense - Organization and planning Personal Skills - High level of integrity - Dependability with a strong sense of urgency and results-orientation. - Mix of inspiration and authority - Assertive yet composed - Flexibility Age: 30 - 45 years

Bangalore

Handiman - Head/Manager - Finance 

Handiman - Head/Manager - Finance  ,Job Description for Handiman - Head/Manager - Finance  in Handiman Services Ltd. in  Bangalore for (5-10) years of experience. Apply Now!

Job Description for Handiman - Head/Manager - Finance  in Handiman Services Ltd. in  Bangalore for (5-10) years of experience. Apply Now!