Finance Lead

1 week ago

Delhi, Delhi, India ScaleneWorks People Solutions LLP Full time
Education: CA Qualified Is Mandatory
Exp Required - 6 to 8 Years

Recruitment/Staffing Exp is Mandatory

Job Summary:
We are seeking a skilled and detail-oriented Finance Lead to oversee the financial operations of our recruitment organization. In this role, you will manage financial planning, budgeting, forecasting, reporting, and compliance activities. You will play a critical role in ensuring the financial health of the organization while supporting decision-making with accurate financial data.
The ideal candidate will have a strong background in finance and accounting, with experience in managing finances within the recruitment or staffing industry.
Key Responsibilities:
Financial Planning & Analysis:
Lead the financial planning and forecasting processes, ensuring alignment with business goals. Provide in-depth financial analysis, offering insights and recommendations to senior leadership for strategic decision-making.
Budgeting & Cost Management:
Oversee the preparation and management of the annual budget. Monitor actual spending against the budget, analyzing variances and recommending corrective actions to control costs and improve profitability.
Financial Reporting & Compliance:
Prepare timely and accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements. Ensure compliance with local regulations and industry standards for financial reporting.
Cash Flow Management:
Manage cash flow, ensuring the organization has the necessary funds for day-to-day operations. Forecast cash requirements and coordinate with the finance team to ensure adequate liquidity for operations.
Revenue Recognition & Billing:
Supervise the billing process for recruitment services, ensuring that invoices are accurate and timely. Monitor revenue recognition in line with industry standards and company policies.
Taxation & Regulatory Compliance:
Ensure the company complies with all tax laws and regulations. Manage tax filings and liaise with external auditors for audits and tax-related matters. Stay updated on changes to tax laws impacting the recruitment industry.
Vendor & Client Financial Management:
Oversee relationships with key vendors and clients from a financial perspective. Ensure proper contract management, timely invoicing, and resolve any financial discrepancies or disputes.
Team Management & Leadership:
Lead and mentor the finance team, ensuring smooth day-to-day operations. Provide guidance and support to junior team members in financial processes, accounting practices, and reporting.
Financial Systems & Process Improvement:
Continuously evaluate and improve financial systems and processes for greater efficiency and accuracy. Implement automation tools where applicable to streamline operations and reduce manual errors.
Internal Controls & Risk Management:
Establish and maintain robust internal controls to safeguard company assets and prevent financial fraud. Monitor financial risks and develop strategies to mitigate potential financial issues.
Skills and Qualifications:
Proven experience as a Finance Lead or similar financial role, preferably within the recruitment or staffing industry.
Strong understanding of financial planning, budgeting, forecasting, and analysis.
In-depth knowledge of accounting principles, financial reporting, and tax regulations.

Why Join Us?
Be a part of a fast-paced, growing recruitment organization with a focus on innovation and excellence.
Competitive salary and benefits package.
Opportunity for career advancement in a supportive and dynamic work environment.
Access to professional development and training programs to further enhance your skills.

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