Assistant Manager Finance

1 week ago


Bengaluru, Karnataka, India Curefoods (EatFit) Full time

Company Description

At Curefoods, our purpose is to make honest food that customers love. We incubate food brands and operate state-of-the-art cloud kitchens to democratize access to good food in a sustainable manner. We believe in the power of good food to make us happier and healthier. Our brands include EatFit, CakeZone, Sharief Bhai, Nomad Pizza, Frozen Bottle, Olio, Rolls on Wheels, Great Indian Khichdi, Home Plate, Juno's Pizza, and Ovenfresh.

Role Description

We are seeking an experienced Finance Manager to oversee fixed assets, lease accounting

(including IND AS 116), and intercompany financial transactions. The ideal candidate will have a strong

background in these areas and a thorough understanding of relevant accounting standards. As the Finance

Manager, you will play a critical role in ensuring accurate financial reporting and compliance.

Job Description

1. Fixed Assets Management:

o Maintain a comprehensive register of fixed assets.

o Monitor asset additions, disposals, and depreciation.

o Collaborate with cross-functional teams to ensure accurate fixed asset accounting.

2. Lease Accounting (IND AS 116):

o Implement and maintain lease accounting standards (IND AS 116) across the organization.

o Record and manage right-of-use assets and lease liabilities.

o Prepare financial statements related to leases.

3. Intercompany Transactions:

o Monitor and reconcile intercompany accounts.

o Coordinate with other departments and subsidiaries to ensure timely and accurate

intercompany transactions.

o Resolve discrepancies and ensure compliance with transfer pricing policies.

4. Financial Reporting:

o Prepare monthly, quarterly, and annual financial reports related to fixed assets, leases, and

intercompany transactions.

o Assist in the preparation of consolidated financial statements.

o Provide insights and analysis on lease-related expenses and intercompany balances.

5. Compliance and Auditing:

o Ensure compliance with accounting standards, tax regulations, and internal controls.

o Support internal and external audits related to fixed assets, leases, and intercompany

transactions.

o Maintain documentation for audit purposes.

6. Process Improvement:

o Identify opportunities to streamline fixed asset management, lease accounting, and

intercompany processes.

o Implement best practices and drive efficiency.

Pre Requisites

 Bachelor's degree in Finance, Accounting, or a related field.

 Professional accounting qualification (e.g., CA, CPA, CMA) preferred.

 Minimum of 5 years of relevant experience in fixed assets, lease accounting, and intercompany finance.

 Strong knowledge of IND AS 116 and other relevant accounting standards.

 Proficiency in financial software and ERP systems.

 Excellent communication and interpersonal skills.



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