Financial Manager

3 days ago

Dombivli, Maharashtra, India beBeeAccountant Full time ₹ 1,00,00,000 - ₹ 1,50,00,000

Job Summary:

Our organization is seeking a seasoned Financial Manager to oversee daily accounting operations across various regions.

  • Manage general ledger functions, including journal entry posting, account reconciliation, and monthly, quarterly, and yearly closing activities.
  • Ensure accurate and timely financial reporting in compliance with US GAAP and APAC accounting standards.
  • Oversee accounts payable and receivable functions, including vendor management and customer billing, and maintain accurate inventory records for products.
  • Collaborate with production teams to track costs and performance metrics, and prepare consolidated financial statements (if necessary) and financial reports for individual portfolio companies.
  • Provide critical financial insights by collecting, analyzing, and summarizing account information and trends, and assist with budget preparation, forecasting, and variance analysis for our organization and its portfolio companies.
  • Collaborate with external auditors and tax advisors during audits and tax filings, and ensure compliance with local, state, and federal reporting requirements and tax filings.
  • Implement and streamline accounting processes across both regions to improve efficiency and accuracy and recommend improvements to accounting processes and procedures.
  • Conduct variance analysis and provide explanations for financial performance.

Key Responsibilities:

1. Financial Reporting:

  • Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
  • Ensure accurate and timely financial reporting in compliance with US GAAP and APAC accounting standards.

2. Accounting Operations:

  • Manage daily accounting activities, including journal entry posting, account reconciliation, and monthly, quarterly, and yearly closing activities.
  • Oversee accounts payable and receivable functions, including vendor management and customer billing, and maintain accurate inventory records for products.

3. Budgeting and Forecasting:

  • Assist with budget preparation, forecasting, and variance analysis for our organization and its portfolio companies.
  • Collaborate with production teams to track costs and performance metrics.

Requirements:

1. Education:

  • Bachelor's degree in Accounting or Finance.

2. Experience:

  • Minimum 3 years of experience in accounting, preferably with a focus on financial reporting and accounting operations.

3. Skills:

  • Strong proficiency in Microsoft Business Central and QuickBooks Desktop.
  • Thorough understanding of US GAAP and familiarity with APAC accounting standards (US-GAAP, IFRS and local GAAP).
  • Excellent analytical skills and attention to detail.
  • Effective communication skills to interact with diverse teams and stakeholders across different regions.
  • Ability to manage multiple priorities and work independently in a fast-paced environment.

Develop and Maintain Power BI Dashboards and Reports:

The ideal candidate should have excellent analytical skills and attention to detail to develop and maintain Power BI dashboards and reports that provide insights into financial performance and help drive business decisions.

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