High Salary Business Finance Manager

3 days ago


Mumbai, Maharashtra, India upGrad Full time
The Business Finance person is responsible for supporting the company's financial goals by

analysing financial data, creating financial models, preparing reports, and assisting with strategic

financial planning. The role requires a combination of analytical skills, knowledge of financial

processes, and an understanding of the business to provide insights that support decision-making and financial performance improvement.

Key Responsibilities

1. Financial Analysis and Reporting

o Analyse financial performance, trends, and variances to assist management in

making informed decisions.

o Prepare and present financial reports and forecasts to senior leadership.

o Develop, monitor, and update financial models to project revenue, expenses, and

cash flows.

2. Budgeting and Forecasting

o Lead or assist in the budgeting process by collecting, analysing, and summarizing

financial data.

o Develop periodic forecasts to track performance against budget and adjust

expectations as needed.

o Provide insights on spending, identify cost-saving opportunities, and recommend

adjustments.

3. Strategic Financial Planning

o Conduct scenario analysis to evaluate potential financial impacts of various business

decisions.

o Assist in developing short- and long-term financial strategies to support growth

objectives.

o Support the capital budgeting process, including evaluating investment opportunities

and ROI.

4. Risk Management and Compliance

o Identify and assess financial risks and recommend measures to minimize exposure.

o Ensure compliance with financial regulations, standards, and company policies.

o Participate in audits and implement audit recommendations.

5. Collaboration and Communication

o Work closely with department heads to understand business needs and align

financial strategies accordingly.

o Collaborate with accounting teams on month-end and year-end closing processes.

o Communicate financial insights and recommendations clearly to non-financial

stakeholders.

6. Financial Systems and Process Improvement

o Utilize and optimize financial software/tools for reporting, forecasting, and budgeting.

o Identify opportunities to improve financial processes and increase operational

efficiency.

o Stay updated on industry trends and financial best practices to bring innovative

solutions to the company.

Key Skills

● Financial Modeling & Analysis: Build and interpret financial models to provide forecasts and

support decision-making.

● Attention to Detail: Accurate analysis of data to ensure precise financial reporting.

● Strategic Thinking: Ability to see the big picture and understand the long-term impacts of

financial decisions.

● Communication: Strong verbal and written skills for explaining financial concepts to

non-finance teams.

● Problem Solving: Tackle complex financial issues with logical and innovative solutions

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