Manager - Finance & Accounts

Manager - Finance & Accounts

Responsibilities:

Corporate Accounts:

- Prepare and finalize monthly and annual financial statements, i.e. both standalone financial statement and consolidated financial statement.

- Coordinating with external auditors to get the year-end audits completed.

- Oversee the accounting, monthly, and year-end closure process. Ensuring that all accounting processes align with GAAP/IndAS and current financial legislation.

- Review of journal entries, accruals, provision, amortizations, and BS reconciliation. Ensuring all operational transactions are properly captured in the accounting and ensuring whether the proper process is followed.

- Review of Balance sheet schedules and ensure hygiene and closure of old balances.

- Oversee and manage the daily operations of the accounts payable department, ensuring timely and accurate invoice processing, vendor payments, and clearing and reconciliation activities.

Financial Policies and Controls:

- Partner with Financial Controller effectively in defining the Financial Policies/ Controls and Procedures for the organization

- Define and ensure IFC compliance in relation to all the process and sub-processes of the company.

- Identify any areas of internal accounting and control weaknesses or potential risk and map the same with adequate provisions.

- Contribute to a strong controls and compliance environment by providing expert assessment of our policy and controls effectiveness and organization compliance.

Process Simplification & Automation:

- Collaborating with relevant stakeholders to understand their needs and pain points for automation opportunities.

- Drive improvements and automation to enhance efficiency and compliance, implement advanced IT platforms, and document processes with SOPs.

Banking and Working Capital Management:

- Manage relationships with banks and financial institutions. Negotiate terms and conditions of loan, working capital & other facilities in favor of organizations.

- Submission of annual financial data to RBI and other regulatory authorities for compliance with FEMA regulations.

- Ensure the import and export documentation are complied with as per banking regulations.

- Manage the cash flow to ensure enough liquidity for day-to-day operations and to meet financial obligations.

- Track the working capital of the company and set up processes and improvement plan with the key stakeholders to optimize the same.