Senior Financial Manager
3 weeks ago
Job Purpose:
The Senior Financial Manager will be responsible for managing various finance and accounting activities, overseeing a team, and ensuring timely completion of deliverables at Embark Pace.
Key Responsibilities:
- Oversee financial reporting and planning, ensuring accuracy and compliance with regulatory requirements.
- Lead a team in managing financial activities, including audits, financial closures, and cash flow management.
- Coordinate with internal stakeholders to ensure smooth financial reporting and timely completion of statutory and tax audits.
- Develop and implement financial planning and analysis strategies to support business growth.
- Provide financial information to the secretarial team for regulatory reporting and other purposes.
- Manage interactions with external auditors and tax consultants.
- Supervise audit tasks, including schedules, depreciation calculations, and reconciliations.
- Address audit queries to support the completion of audit targets.
- Maintain proactive approach to handling statutory and tax audits.
- Prepare monthly MIS and various management reports.
Financial Planning & Analysis (FP&A):
- Coordinate with various departments to prepare annual corporate budgets, maintaining high standards for reporting and analysis.
- Prepare monthly cash flow statements and projections for multiple entities.
- Develop financial projections for various stakeholders.
- Ensure timely filing of Income Tax Returns in coordination with tax consultants.
- Provide financial information to the secretarial team for regulatory reporting (DPT, Board Reports, FLA, AOC2, etc.).
- Liaise with internal and external stakeholders, including unit finance teams, consultants, auditors, and other departments.
- Assist in day-to-day accounting, financial reporting, and provide guidance to various units.
- Process and Data Management
- Follow established functional processes and recommend new practices.
- Maintain organized data management for the function's entire portfolio.
Requirements:
- Chartered Accountant with 5+ years of post-qualification experience.
- Relevant Experience: 5-6 years of experience in Financial Reporting, FP&A, and Audits.
- Expertise in audits, financial closures, cash flow management, MIS reporting, ideally with experience in the hotel industry.
- Proficiency in IND AS financials.
- Strong MIS compilation and analytical skills.
- Knowledge of statutory and tax audits.
- Advanced MS Excel and Power BI skills.
- Experience with ERP systems (e.g., SUN Systems).
- Strong teamwork, data analysis, and presentation abilities.
- Effective stakeholder management.
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