Senior Manager - Finance & Accounts - CA

Job Specifications - Qualification and Experience:

Minimum Qualifications CA

Preferred/Additional Qualifications MBA in Finance

Minimum Experience : 10+ years

Key Purpose of the Job:

The role is responsible for managing the financial of the organization. It also ensures revenue receipt, funds expenditure and working capital management. Other functions include the monitoring and improvement of financial structures, accounting practices and policies, budgeting and forecasting.

Primary Job Responsibilities

1) Strategic Initiatives

Key Activities:

- Assess organizational financial performance against both the annual budget and the strategy. Develop systems and reports to provide critical information to Director and make recommendations on both strategy and operations

- Assist in establishing yearly objectives and meeting agendas. - Work closely with the top management to ensure operational success through cost analysis support, compliance with operational and contractual requirements

- Provide support to the Director through interpreting operational rules and regulations to ensure compliance with all state, local and contractual requirements and monitoring overall financial and reporting compliance/s.

2) Accounts & Financial Management

- Manage and ensure all financial processes are running smoothly and as per the agreed timelines.

- Oversee consolidation and finalization of accounts

- Oversee all accounts, ledgers and reporting systems, ensuring compliance with appropriate accounting standards and principles, regulatory requirements

- Ensure timely preparation of the Profit and Loss account

- Maintain internal control safeguards and coordinate all audit activities

- Develop a reliable cash flow projection and reports that include minimum cash threshold to meet operating needs

- Monitor the computation and calculation of direct and indirect taxes and disbursements

3) Budgeting & Forecasting

- Ensure forecasts are supported and approved by relevant stakeholders

- Verify operational efficiency levels and recommend cost control measures

- Reporting on the Operating Cost and Budgets & Forecasting to the Director

4) Financial Management of Business Verticals and General Reporting

- Ensure Annual Operating Plan for every business vertical and monthly monitoring of the same

- Ensure availability of funds for company operations at minimum cost

- Monitoring of daily account transactions and cash disbursement through cashiers at the locations

- Ensure financial reports are constructed monthly and presented to relevant stakeholders within the business and ensuing queries are addressed efficiently

- Manage the creation and delivery of the monthly P&L report to the Director for all the business verticals, depicting financial position. This includes liquidity, expenditure control, cost control and working capital. Address any queries emanating from the report

- Manage the creation and delivery of the quarterly financial management report. Present report to the Director and ensure queries are resolved efficiently

- Supervise the development and dissemination of financial statements (e.g. Income Statement, Balance Sheet, etc.)

5) Treasury Management

- Manage the treasury function including levels of borrowings/gearing, investments, facility management and expenditure

6) Others

- Perform any other responsibilities assigned by the Director