Finance Manager

3 weeks ago

Navi Mumbai, Maharashtra, India Apave International Full time

The Finance Manager is responsible for overseeing the financial operations of Apave TIV India. This includes timely preparation of monthly financial statements, financial analysis, budgeting and forecasting, audit coordination, and supervision of the finance team. The role ensures compliance with corporate and statutory requirements and supports strategic financial decision-making through accurate and timely reporting. This position reports to India CFO

Responsibilities

Key Responsibilities:

Financial Reporting & Analysis

  • Prepare monthly financial statements in line with corporate and statutory requirements.
  • Analyze monthly financial results and provide variance reports to the India CFO and Corporate teams.
  • Report revenue activities to local Management and the Regional CFO.

Accounts Management

  • Manage accounts payable, accounts receivable, and cash reporting functions.
  • Oversee the company's automated accounting system and ensure timely reconciliation.
  • Coordinate transfer of excess cash between branches and maintain cash flow visibility.

Audit & Compliance

  • Coordinate the annual statutory audit; ensure audit schedules and documentation are complete and accurate.
  • Liaise with the Corporate Tax Manager for timely filing of annual tax returns, including preparing required reports and data for auditors.

Asset & Capital Expenditure Management

  • Manage and report on fixed assets and capital expenditure.
  • Maintain accurate fixed asset registers and depreciation schedules.

Team Leadership & Training

  • Supervise and mentor the finance team.
  • Provide ongoing training and support to staff and ensure alignment with policies and procedures.

Budgeting & Forecasting

  • Assist in the preparation and upload of annual budgets and monthly forecasts.
  • Maintain and update cost rates used for pricing, profitability analysis, and inter-company billing.

Operational Finance Support

  • Coordinate monthly closings in alignment with payroll, billing, and operations teams.
  • Supervise journal entry reviews and ensure timely account reconciliations and analysis.
  • Maintain project accounting and reporting systems, including foreign branch invoicing and collections.

Key Requirements:

  • Bachelor's or Master's degree in Accounting, Finance, or related discipline.
  • Chartered Accountant (CA) or equivalent may also be considered.
  • Minimum 8 to 12 years of progressive finance experience, with at least 3 years in a supervisory role.
  • Strong knowledge of Indian accounting standards and familiarity with IFRS.
  • Experience working in a multinational or multi-entity environment is a plus.
  • Proficiency in ERP systems and advanced Excel skills.
  • Excellent analytical, communication, and leadership abilities.
  • Strong organizational skills and ability to manage multiple deadlines.

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