Finance Manager

3 weeks ago

Bengaluru Karnataka India, Karnataka MaxVal Group, Inc. Full time

Maxval India is looking to recruit a diligent, financially strong, and highly self-motivated individual to significantly strengthen the renewals business, where the Business Finance Manager will play a key role in this rapidly growing, highly driven business.

The role encompasses the usual diligence in regards financial and management reporting, payment management, revenue assurance, funds management, risk management, and control processes, but critically will enhance commercial business acumen aligned with improved analytics, to facilitate better business decision making.

The holder’s role will cover all aspects of Finance, including managing and developing the team, to create an environment where Finance is recognised as a valuable business partner. For the individual, this means considering how to best use available data, systems, and resources to create and provide excellence in Finance.


Responsibilities

  • Manage end-to-end financial process of complete Renewals business, including book-keeping, accounting, AR management, payment management, MIS & reporting, budgeting/forecasting, contract review, and pricing.
  • Provide all necessary support on financial aspects to the business team.
  • Provide all relevant information and analysis to business and management, which should help in driving the business better and in deriving a solution.
  • Identify and act upon key business and value drivers
  • Own the complete Profit & Loss and Trial Balance of the Renewals business and drive to keep this healthy and accurate.
  • Review all business and financial processes and suggest automation/improvement wherever there is a financial implication.
  • Ensure accuracy in revenue recognition and reporting, along with ensuring no revenue leakage happens.
  • Review all contracts/MSA/SOW to ensure that safeguard Company is safeguarded from any financial obligation and to secure the Company from any financial exposure/risk.
  • Drive a possible cost optimization exercise.
  • Engage in budgeting and revenue estimation exercises and prepare monthly variance/forecasting reports. Discuss the variance analysis with the business team and plan accordingly to mitigate the variance.
  • Involved in pricing arrangements with clients and helping businesses in suggesting the right pricing models.
  • Review any investment or business strategy plan to check the ROI from the same and help the business with the cost-benefit analysis.
  • Act like a credible business partner, sought out and trusted by colleagues for the insight and knowledge you deliver, becoming a critical part of business decision-making and information provision.
  • Ensure to comply 100% with any statutory regulations/acts.


Requirement

  • An appropriate finance qualification, aligned to multiple years’ experience developing a Finance function
  • Experience partnering with cross-functional stakeholders and influencing key business decisions
  • High degree of technical competence and understanding, as the company is a fast-expanding, multi-geographical organisation, hence developing rigorous compliance standards and a quality/risk orientation will be critical
  • Previous experience of working in a fast-paced, changing environment would be an advantage
  • Ideally, recently performed many of the key tasks outlined
  • The business language is English; thus, excellent professional communication skills in English are essential.


Qualification

  • Qualified Chartered Accountant with 4-5 years of relevant experience.
  • Will have the added advantage of having competency in various ERP/tools like QuickBooks,Zoho, and Tally, etc.

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