Testbook.com - Senior Manager - Finance

We are seeking a highly qualified and experienced Chartered Accountant with a background in the e-commerce/startup industry to join our team as a Senior Manager. The ideal candidate will have a strong knowledge of accounting principles, compliance regulations, and financial reporting, along with proficiency in accounting software such as Tally, SAP, or ZOHO.

Key Qualifications and Skills:

1. Chartered Accountant: Qualified Chartered Accountant with 7-8 years of experience, preferably in the e- commerce/startup industry.

2. Article-ship Experience: Prior article-ship experience from a Big 6 or Medium-sized CA firm is preferred.

3. Accounting Software: Operating knowledge of Tally, SAP, or ZOHO.

4. MS Office: Proficiency in MS Office is a must.

5. Financial Compliance: Good knowledge of IND AS, GST, TDS, Income Tax, The Companies Act, SEBI, and MCA compliance.

Responsibilities:

1) Financial Planning and Budgeting:

- Develop and manage the annual budgeting process in coordination with department heads and senior management.

- Create budget models, analyze variances, and provide recommendations to ensure alignment with organizational goals.

2) Forecasting and Scenario Analysis:

- Prepare accurate and timely financial forecasts considering different business scenarios, market trends, and internal dynamics.

- Conduct sensitivity analysis to assess the impact of potential changes on financial outcomes.

3) Financial Analysis and Reporting:

- Analyze financial data, trends, and key performance indicators (KPIs) to provide actionable insights to senior management.

- Generate regular and ad-hoc financial reports, including variance analysis and performance dashboards.

4) Financial Reporting and MIS:

- Overall responsibility of all the GLs creations, nature of the booking, and closures.

- Consolidation of financials MIS

- Closure of Daily BRS.

- Booking of all provisions of expense.

- Monthly closure of the books by M+1

- Preparing various expense schedules and balance sheet schedules.

- Preparing monthly MIS with schedules of all the expenses and balance sheet items.

- Preparation and maintenance of FAR.

- Calculation of other income - Accrued income & capital gain

- Analyzing the monthly cost and providing the reason for the variance.

- Preparation of financial statements, budgeting, and AOPs.

- Working with external stakeholders like auditors, lawyers, etc.

- Investor reporting & MIS.

- Plan for the implementation and convergence of the financials and taking the impact of IndAS adjustments.

- Responsible for all accounting activities and tracking whether the compliances with various statutes are met.

- Creation of Process notes, accounting notes, and guidance notes.

5) Profitability and Cost Analysis:

- Assess product/service profitability, cost structures, and pricing strategies to enhance overall business profitability.

- Identify cost-saving opportunities and operational efficiencies to optimize resource allocation.

6) Financial Modelling:

- Build and maintain financial models to support strategic decision-making, including mergers, acquisitions, investments, and capital allocation.

7) Process Improvement:

- Identify opportunities to enhance financial planning and analysis processes, tools, and methodologies.

- Implement best practices and drive continuous improvement initiatives within the FP&A function.

Behavioral Skills:

- Team Player: Strong ability to work collaboratively as part of a team.

- Communication: Excellent oral and written communication skills.

- Proactive: Self-starter with a proactive approach to problem-solving.

- Adaptability: Willingness to accept and thrive in challenging situations.

- Pressure Handling: Ability to work under pressure while maintaining coordination within the team.