Financial Manager

17 hours ago

Vizag, Andhra Pradesh, India beBeeFinanceLeader Full time ₹ 15,47,188 - ₹ 21,16,350
Job Title: Finance Lead

The Role:

  • We are seeking a seasoned finance leader to join our team.
  • This individual will oversee the company's financial structure, managing capital and optimizing financing options.

Key Responsibilities:

  • Direct and manage the accounting department on a day-to-day basis.
  • Ensure timely filing of GST and TDS with the accounting firm.
  • Review and supervise MIS, cashflow, and vendor ledger work.
  • Develop business models and forecasts for investors.
  • Plan expenses for the next quarter, half year, and FY.
  • Prepare weekly and monthly cash flows.
  • Reconcile balance sheet and income statement accounts on a monthly/quarterly basis.
  • E nsure operational compliance with policies, procedures, and regulations.
  • Manage Direct and Indirect tax compliance along with internal and external audits.
  • Manage invoicing and processing vendor and other payments along with salaries, reimbursements.

AdditionaResponsibilities:

  • Take responsibility for all cash management, investments, insurance, budgeting, and financial reporting.
  • Drive the company's financial strategy and hiring needs.
  • Lead development of annual operating, capital, and program budgets, as well as reporting for the same.
  • Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization.
  • Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows.
  • Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action.
  • Work with founders to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting.
  • Analyze revenue opportunities and economic trends, identify areas for cost reduction and process enhancement.
  • Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives.
  • Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company.
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities.

Required Skills and Qualifications:

  • Five or more years of experience in financial and commercial roles.
  • Minimum 2 years experience in executive leadership/team handling role.
  • CA qualification or Master's degree (or equivalent experience) in accounting, business accounting, or finance.
  • Experience in independently handling finalisation of books of accounts including but not limited to balance sheet, P&L, cash flow statements etc.
  • Experience working with founders/business leads on core strategic objectives.
  • Understanding of advanced accounting, regulatory issues, and tax planning.
  • Knowledge of how to raise capital both through equity sale and traditional lines of credit.
  • Experience in handling fund raise mandates, due diligence, and investor relations.
  • Experience in accounting and ERP software along with OMS tools.
  • Must be goal-oriented, assertive, and a hands-on problem solver.
  • Should possess excellent analytical skills with high attention to detail along with organisational and time management skills.
Key Qualifications:
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work effectively in a fast-paced environment.
  • Strong organisational and time management skills.
  • Goal-oriented and results-driven.

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