Sr Manager Finance

2 days ago

Varanasi, India McCann Worldgroup Full time

Qualification : CA Experience : 8 to 10 years Job Description: - Duties will include general ledger accounting, monthly closing, financial analysis, cash flow monitoring, and monthly financial reports. - Preparation of annual financial statements as per IGAAP, handling internal, statutory and tax audits and ensuring they are completed within the agreed internal deadlines well before the statutory due dates - Ensuring that financial transactions executed across the business are in compliance with state legislation and business policies and also to ensure the finance department stays up to date with any relevant developing legislation. - Responsible to ensure that the general ledger, accounts payable, accounts receivable, statutory dues, advance accounts, other liabilities and assets and fixed assets are reconciled monthly, and are in compliance with generally accepted accounting principles and government auditing standards; - Responsible for inter-company agreements, reconciliation and co-ordination to resolve the mismatches; - Provide technical accounting guidance to the finance team to ensure correct and uniform usage of GLs to book expenses and income; - Ensures monthly reconciliation of all accounting sub-systems, conducts balance sheet analyses and reconciliations, following up with finance team to seek reasons for overaged balances; - Ensures reviewing of monthly P&L movements and variances with budgets and prior year and documenting the reasons for significant variances; - Responsible for the monthly corporate cash flow preparation and work with Controller on cash management matters; - Review and approves the prepayments, accruals, and other month-end transactions for the corporate finance team; - Oversee the monthly corporate finance reconciliation of bank statements; - Review PF Trust accounting, all applicable compliances, investment schedule reconciliations; - Preparation of monthly internal financial statements and draft annual financial statements; - Reviewing inter-company and inter-branch recharges and ensuring they are in order, correctly accounted and duly supported by agreements; - Maintaining a checklist for monthly closing of accounts as per IPG Group reporting deadlines and ensuring proper monthly closing of accounts by following IPG SP&P’s guidelines and principles of revenue recognition, expense accruals, doubtful debt provisioning, netting off etc. - Candidate need to walk an extra mile on understanding the entire operations in order to control the processes and costs. - GST & TDS compliances knowledge - Leadership/Managerial skills - Worked on SAP/ ERP based accounting software - Hands on Advance Excel techniques

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