Sr. Manager-Finance

4 weeks ago

Delhi, Delhi, India BYST Full time

Job Responsibilities

Accounting

●        Provide direction to the documented system of accounting policies and procedures of the concern.

●        Oversee and supervise all financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.

●        Monitor Reconciliation of bank and investment accounts.

●        Supervise the book keeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll.

Finance

 

●        Provide direction to ensure policies and procedures to be adhered and financial information is secure and stored in compliance with current legislation.

●        Monitor the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

●        Evaluate monthly results and suggest monthly variance reporting to finance team.

●        Guide the Finance Managers in the preparation of the budget.

       ●        Analyse on variances from the established budget, and the reasons for those variances.

●        Provide direction to the management in the formulation of its overall financial strategy.

●        Oversee the cash flow and monitor cash flow forecasts in accordance with policy.

●        Provide direction to ongoing cost reduction analyses in all areas of the organisation.

●        Analyse the performance & report on key issues to management.

●        Review the organisation's financial results and recommend improvement activities.

●        Remove bottlenecks and recommend changes to improve the overall level of the organisation throughout.

●        Guide the capital budgeting process, based on constraint analysis and discounted cash flow analysis.

 

Funds Management

●        Enable sufficient funds are available to meet ongoing operational and capital investment requirements.

●        Manage cash flow positions related to borrowing needs and funds availability.

Statutory / Legal Compliances

Monitor compliance with applicable laws & procedures.

Monitor all statutory requirements of the organization are met.

Reports

●        Oversee all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary.

●        Manage and recommend complete and accurate supporting information for all financial transactions.

●        Monitor key business metrics and present them to management.

●        Suggest additional analyses and reports as requested by management.

●        Assist the Sr. Director and CEO with financial reporting as required at Board meeting.

●        Supervise all outsourced functions.

Others

●        Recommend the need for new technology to meet the organization's financial data processing, control, and reporting requirements.

●        Advise on appropriate technology that meets the organization's information requirements and financial resources.

●        Formulation and implementation of risk management policies for project management related risks.



Requirements

●        15+years of experience in the field of Finance and Accounts; CA/ICWA would be an added advantage.

●        Should have worked in Senior Management Role in any Development sector.

●        Should have managed teams across multiple regions.


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