Senior Manager/Head - Finance - CA

Role : Senior Manager/Head - Finance - CA

Location : Mumbai

Qualification : CA

Experience : 6 to 7 years

Job Description :

- You will be responsible for managing and controlling the financial reporting for one of our business units (both Statutory and Management accounts); overseeing the monthly, quarterly and annual accounts; managing labour compliances and supporting journal entries where required.

- You are responsible for compliance of all laws and regulations under the statute, managing Audits and Tax and will own the overall governance and controls for the BU/Entity under your purview.

- You will also be responsible reporting for statutory, regulatory and Management requirements and take such actions and measures as necessary to support the overall vigilance structure of the organization and management.

- You will also be responsible for ensuring correctness of data and analysis for forecast vs Actuals and supporting the Business team and India Business Unit Finance for Financial Planning and Analysis activities for the BU.

- You will also be responsible for driving the FPNA Activities including but not limited to POR, monthly or quarterly reviews, Working capital Management, Capex.

Key Responsibilities include (but not limited to):

- Financial reporting to Management and the Board of Directors of the Legal Entity.

- Statutory compliances including Audits, Tax filings, Returns, as well as timely compliance with government regulations.

- Thorough knowledge of Customs and FEMA procedures with hands-on experience dealing with IDPMS, EDPMS and Mercantile Trade Transactions (MTT).

- Ability to implement effective controls across all business processes, avoid adverse impact on revenue, profits, cashflow and ensure correct reporting of financial for management and statutory purposes.

- Have good financial acumen to assess Orders, Sales, Profit and Cash Flow movements, track variances vs. plan, identify risk mitigation actions to achieve financial plans and lead FP&A activities for the business.

- Effectively communicate and adjust content / style to meet the needs of diverse stakeholders.

- Influence critical decisions, drive cross functional collaboration and implement processes that enhance business efficiency and productivity.

- As part of the Management Team, recommend necessary course changes based on a good understanding and assessment of underlying trends and operational performance.

- Be resilient and be able to act quickly & decisively in constantly evolving situations.

- Analyze multiple and diverse sources of information to define problems accurately before moving to solutions while having a good grasp of situational or group dynamics.

- Fund Management, monitoring of Cashflows on periodic basis and communication with management teams for proper funds planning.

- Work and maintain relationship with Banking partners and central Treasury for all Business / Entity needs, including but not limited to timely processing of payments, issuance of bank guarantees, review of credit limits, etc.

- Work closely with Business Unit and Customer for ensuring maximum collection and reduction in defaults or bad debts.

- Ensure strict adherence to collection and credit control policy of the Group.

- Review and assess the credit limits and utilization on periodic basis and provide management with details to ensure timely action.

- Implementing collection policies and procedures to avoid increase in past dues.

- Work closely with the sales team for valid payment terms pre/post orders.

- Maintain, report and discuss Asset performance dashboard and timely actions to keep it within budget.

- Drive efficiency improvement initiatives for reporting and adopt newer tools/technology to bring more productivity from finance team.

- Give career growth plans and drive those IDP programs within the team religiously to create strong bench strength.

- Encourage team for stretch assignments for newer learning and not limit to routine finance activities.