MCLAREN - Manager - Finance

2 weeks ago

Kochi, India MCLAREN STRATEGIC VENTURES INDIA PRIVATE LIMITED Full time

Manager - Finance


Core Responsibilities:

Accounts Payable/Receivable (AP/AR) Management:

- Oversee the end-to-end processes for accounts payable and receivable, ensuring accuracy and timeliness for both US and India operations.

- Coordinate with vendors and clients across regions to manage payment terms and ensure smooth cash flow.

Month-End Close:

- Lead the month-end close process for both US and India entities, ensuring all financial data is accurately recorded and reported.

- Collaborate with other departments to gather necessary data and ensure timely completion.

Payroll Management:

- Handle payroll processing for India, ensuring timely and accurate salary disbursements, compliance with statutory requirements, and maintenance of payroll records.

Process Improvement:

- Identify opportunities for process improvements within the finance function.

- Implement best practices to enhance efficiency and effectiveness.

Coordination of Tax Compliance:

- Work closely with external consultants to ensure timely and accurate filing of GST and TDS returns in India.

- Ensure all tax-related documentation is prepared and maintained as Conduct regular reconciliations of financial accounts, including bank, vendor, and intercompany reconciliations across both US and India entities.

- Address and resolve any discrepancies or variances identified during these reconciliations.

Financial Reporting:

- Support the preparation of financial statements and reports as required by management and regulatory authorities for both US and India entities.

- Ensure financial reporting aligns with accounting standards and regulations applicable in both regions.

Team Leadership and Development:

- Provide mentorship and guidance to junior finance team members.

- Foster a collaborative environment that encourages growth and professional development.

Qualifications and Skills:

- Bachelor's degree in accounting, finance, or a related field.

- Qualified CA preferred.

- Extensive experience in core finance functions, including AP/AR, payroll, and month-end close, with at least 3-4 years in a similar profile

- Strong understanding of financial regulations and compliance requirements in both the US and India.

- Excellent analytical skills and attention to detail.

- Proficient in Zohobooks, Quickbooks and MS Office, particularly Excel.

- Effective communication and interpersonal skills.

- Ability to thrive in a fast-paced environment, managing multiple priorities efficiently.

- Demonstrated leadership abilities with a proactive approach to problem-solving

(ref:iimjobs.com)

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