Senior Finance Manager

1 month ago

mumbai, India Kulfi Collective Full time

What are we looking for

Title: Senior Manager - Finance

Reporting to: VP - Finance

Company: Kulfi Collective

Location: Mumbai


Apply here:


About the role

At Kulfi Collective, we are on a mission to make the world (wide web) a brighter place, one incredible story at a time.

We are looking for Senior Manager - Finance who shares our passion for shaping culture by combining talent, tech and data and building strong partnerships with both internal and external stakeholders globally.

This person will play a critical role in overseeing and optimizing the financial operations of Kulfi’s 3 core verticals (Supari Studios, Post Office and Keeda Media).


A day in the life of Senior Manager - Finance

Accounts and Operations

  • Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met
  • Reviewing payments and receipts which are being recorded in the accounting system at regular intervals.
  • Oversee all accounting, ledgers and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
  • Periodic reporting of MIS and other information to the management
  • Managing organizational cash flow forecasting by working in partnership with the Project Heads, collaborating with Project Heads to assess the financial efficacy of project operations and establish finance and administrative systems to support project operations
  • Leveraging strengths of the finance team members, providing clarity on the roles and responsibilities, developing and implementing training programmes to maximize and help them reach optimal individual and organizational goals, commitment to retaining a diverse team, with a foresight and ability to delegate accordingly
  • Overseeing software installations and managing relationships with software vendors while building on the knowledge of accounting and reporting softwares
  • Managing professional relationships with the existing financial institutions of the organization and help develop the same further

Audit

  • Planning and performing operational and financial audits. Developing testing methodologies to evaluate the adequacy of controls
  • Documenting the results of the evaluations. Developing recommendations and reports based on audits and presenting these ideas to senior management
  • Manage and handle the ongoing communication with Auditor’s office (internal and external) and build rapport as a single point contact
  • Coordinate in case of periodic audit visits done by the auditor’s office to the district and provide them with necessary information, documentation as necessary for completion of timely audit
  • Involved in supporting presentations to the board’s finance and audit committee and work closely with the senior leadership team
  • Continually reviews work practices and procedures for better operational efficiency

Finance, Compliance and Tax

  • Provide assistance in preparation and completing compliance requirements, filing of various returns and forms under direct and indirect taxes
  • Liaise with consultants for matters for direct and indirect tax including tax audits, scrutiny assessments, TDS & GST assessments, enquiries and other proceedings
  • Provide assistance to various teams on taxation matters and coordinate with internal teams for resolving tax issues / queries, reviewing commercial agreements etc
  • Prepare working and reconciliations required for purpose of audit and preparation of financial statement
  • Consistently analysing financial data and presenting financial reports in an accurate and timely manner, clearly communicate monthly, quarterly and annual financial statements, monitor progress, changes and keep senior leadership abreast of the financial status
  • Assisting leadership in the annual budgeting and planning process, administering and reviewing all financial plans and comparing to actual results with a view to identifying, explaining and correcting variances as appropriate
  • Supporting the finance head in engaging the board’s audit and finance committees around issues and trends in financial operating models and delivery
  • Managing and tracking the performance of invested assets, in alignment with the policies and investment guidelines


What does success look like

  • Reduction in time and efforts of the function head in:
  • Day-to-day accounting processes like keeping checks and balances for the entries passed in the system, journal entries, payroll processing and accounting, GST accounting, direct taxes and TDS accounting etc.
  • Regulatory compliances
  • Financial reporting like periodic MIS reporting, receivables aging, payables aging, project profitability report etc.
  • Preparation of complete set of financial statements (BS, P&L, CF etc.) including consolidation and getting them audited
  • Timely and accurate compliances - Ensure that all the regulatory compliances like audits, direct tax returns, indirect tax returns, company and labor law compliances are done timely and accurately


Qualities and skill sets we would like for you to showcase

Essential

  • Chartered Accounting with around 3 years of PQ work experience in Finance, preferably media industry
  • Experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll and accounting for investments
  • Analytical bent of mind, organization and problem solving skills which allows for strategic data interpretation versus simple reporting
  • Strong interpersonal and communication skills, experience in effectively communicating key data, including presentations to senior management, board or other outside partners
  • Ability to translate complex financial concepts to individuals at all levels including finance and non finance managers
  • Experience in leading and coaching a team and working closely with the organization’s leadership and executive teams
  • Knowledge of MS Excel (specifically advanced formulas, pivot tables and charts)

Desirable

  • Implementation knowledge of ERP systems
  • Proactive hands-on strategic thinker who can partner with the finance head


More about Kulfi Collective

We are committed to building an inclusive and diverse team at Kulfi Collective. We welcome candidates from all backgrounds, and strive to create a culture that values and respects diversity.

Want to know more about Kulfi’s incredible work, our culture, the benefits we offer, our journey and everything in between?

Here is everything you need to know.

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