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Job Views:  
555
Applications:  46
Recruiter Actions:  4

Job Code

1681444

Senior Role - Finance & Accounts

Minivel Services LLP.5 - 9 yrs.Mumbai
Posted 3 weeks ago
Posted 3 weeks ago

Key Responsibilities:

Corporate oversight

- Advise on financial implications and risks related to key issues and important strategic decisions; keep all relevant stakeholders posted on a timely basis, regarding ongoing financial condition of the organization

- Evaluate, and potentially design/redesign and implement the Company's financial, accounting and reporting processes and supporting systems, across Development and Property Management ensuring an effective financial administration.

- Oversee annual business planning and budgeting process. Develop and implement financial strategies and action plans to achieve financial objectives set in the budget jointly with business leadership.

- Oversee preparation of quarterly and interim management committee and Board of Directors' financial reports

- Ensure timely closure of all the statutory external and internal audit requirements

- Drive SAP implementation for the Company across all departments in a timely & efficient manner and oversee Yardi stabilization for Property Management.

- Meet requirements related to centralized reporting at Group level and alignment functional processes and systems as needed.

- Effectively lead the finance / accounting team by hiring, training & retaining top-grade talent.

Development and Property Management

- Review and update available detailed cost plan and cash flow at various stages of design and update changes on regular basis

- Providing inputs to the commercial team in the preparation and/ or collation of tender documentation in sufficient detail to enable a tender or tenders to be obtained for the project to ensure all works are properly priced by the contractor.

- Support the commercial team on prospective tenderers to shortlist and, if required, recommend suitable contractors for consideration.

- Assist the commercial team in providing Pre- Bid estimate / priced BOQ prior to tender opening.

- Understands the composition of construction/project cost and work in progress and monitor and report periodically the nature of significant costs incurred.

- Understands, monitors and reports the key reason for variation in budgeted cost and actual cost for ongoing and completed projects

- Ability to analyze, monitor and report the working capital requirements of the business through negotiating the mobilization and retention amounts on large contracts.

- Manage project costs, assess all variations and extra work. Ability to carry out quantity reconciliation of material working closely with QA/ QS.

- Establish the most advantageous analysis of the construction/project cost. As part of process, Cost Managers will ask vendors to submit their tax invoices, challans etc. - any specific tax related compliances will be done by vendor.

- Ability to foresee and report financial implications of delays, extensions of time on on-going projects.

- Assist in the financial control and management of the contract. Prepare and, if appropriate, negotiate the settlement of the final account.

- Assist in the drafting of special forms of agreement relating to the completion of the project and financial settlement.

- Oversee the Operations vertical and ensure alignment in processes and functions within the overall SPV.

- Providing inputs to the commercial team in the preparation and/ or collation of tender documentation in sufficient detail to enable a tender or tenders to be obtained for the project to ensure all works are properly priced by the contractor.

- Support the commercial team on prospective tenderers to shortlist and, if required, recommend suitable contractors for consideration.

Tax and Compliance

- Advise alternate business models from the perspective minimizing issues and optimizing opportunities based on the identified types of supply chains for the overall business of the Company.

- Finalize tax positions for the Company in consultation with advisors

- Suggest alterations to the current supply chain or alternate business models (if any) to optimize the direct and indirect tax

- To ensure adequate documentation in place supporting the positions taken on corporate tax and withholding tax

- Oversee compliance and reporting of direct and indirect taxes

IT Skills:

- Working knowledge of SAP S4/HANA (PS, MM and FICO modules).

- Advanced Microsoft Excel user (candidates having knowledge of VBA applications, Power Query, BI -Business Intelligence and financial & data modelling would be added advantage), PowerPivot, Scenario Analysis, KPIs and dashboards.

- Excellent spreadsheet skills with working knowledge of Macros.

- Superior analytical skills practiced at drilling down to transaction/ workflow details

- Specialist in MS PowerPoint, Data Analytics

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Job Views:  
555
Applications:  46
Recruiter Actions:  4

Job Code

1681444