Manager- Finance and Internal Audit

1 week ago


Mumbai, Maharashtra, India Navneet Education Limited Full time

Finance:

  • Coordinating internally for quarterly and annual closure of accounts and interacting with Statutory Auditors for smooth closure.
  • Analyzing and generating the report based on Ledger Scrutiny and other reports
  • In-depth Analysis of various costs and preparing top class MIS
  • Setting up best practices for ensuring inter-department coordination and compliances.
  • Free flow of information to enable management to take corrective actions

Internal Audit :

  • To lead the internal audit function internally, coordinate and liaise with the External firm appointed to conduct internal audit of the company.
  • Set up the best practices in the form of creating SOP's, and also putting Internal Financial Control (IFC) procedures as required by The Companies Act, 2013 in place.
  • Working out solutions in order to automate various processes which are being done manually.
Responsibilities

  • Actively involved in limited review audit and annual statutory and tax audit
  • Co-ordination with the subsidiary accounting team for closure of books and consolidation.
  • Developing MIS and other report as per Management requirement
  • Analyzing and Monitoring expenses and cash flow
  • Support commercial team for data preparation &evaluation
  • Monitoring Inventory and Debtor management efficiently.
  • Co-ordination and Preparation of Annual Budget
  • Budget vs Actual comparison on monthly basis & variance analysis
  • Data preparation and evaluation for forward booking
  • Preparation of excel utility tool for process improvement
  • Defining the scope for Internal Audit and ensuring that the function is effectively carried out.
  • Ensuring that the actions suggested by the Audit Committee are implemented on timely basis and also on are test check on regular basis whether the suggestion are being carried out.
  • Initiating and developing Solutions for automation of processes
  • Setting up best SOP's and effective IFC in place.
  • Establishing and monitoring Risk Management Framework and overseeing compliance activities across the group
  • Travel to factory locations as and when required.
  • Assist in fulfilling all statutory and regulatory requirement to set up new contracts with customer


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