Senior Financial Operations Manager

21 hours ago

Gandhinagar, Gujarat, India beBeeFinancial Full time ₹ 20,00,000 - ₹ 25,00,000
Key Financial Leadership Role

The Financial Operations Manager plays a pivotal role in maintaining the financial health of an organization and contributes to its growth and success through effective financial management, reporting, and analysis.

Core Responsibilities:
  • Financial Reporting:
    • Prepare and review comprehensive financial statements, including balance sheets, income statements, and cash flow statements, ensuring accuracy and compliance with regulatory requirements.
    • Analyze financial data to identify trends, discrepancies, and opportunities for improvement, providing actionable insights to inform strategic decisions.
  • Budgeting and Forecasting:
    • Collaborate with cross-functional teams to create and manage budgets for various projects or operational areas, optimizing resource allocation and cost control.
    • Monitor budget performance and variances, identifying areas for improvement and implementing corrective actions to maintain financial discipline.
  • General Accounting:
    • Oversee day-to-day accounting operations, ensuring timely and accurate processing of accounts payable, accounts receivable, and general ledger activities.
    • Maintain accurate and up-to-date financial records, reconciling transactions and resolving discrepancies promptly to minimize errors and ensure compliance.
  • Financial Analysis:
    • Conduct thorough financial analysis to support decision-making and long-term planning, providing strategic recommendations to enhance financial performance and drive business growth.
    • Assist in evaluating investment opportunities and business expansion strategies, analyzing financial implications and potential risks.
  • Team Management:
    • Lead and mentor a team of accountants, fostering professional growth and development, and promoting a culture of excellence and accountability.
    • Delegate tasks effectively, set performance goals, and conduct regular performance reviews to ensure alignment with organizational objectives.
  • Auditing and Compliance:
    • Coordinate with internal and external auditors during audits and reviews, ensuring seamless communication and cooperation to maintain high standards of financial integrity.
    • Ensure compliance with tax regulations, financial reporting standards, and other relevant laws, maintaining a proactive approach to risk management.
  • Cash Management:
    • Monitor cash flows and liquidity, optimizing working capital management to maximize efficiency and minimize costs.
    • Implement strategies to manage accounts payable and accounts receivable efficiently, ensuring timely payments and minimizing bad debt.
  • Relationship Management:
    • Collaborate with banks, financial institutions, and vendors to maintain strong working relationships, negotiating favorable terms and conditions to support business growth.
    • Engage with cross-functional teams to provide financial insights and support for decision-making, driving informed business decisions.
  • Software and Technology:
    • Utilize advanced accounting software and financial management tools to streamline processes, enhance accuracy, and improve efficiency.
    • Stay updated with advancements in financial technology, suggesting relevant improvements to optimize system performance and functionality.
  • Compliance Expertise:
    • Demonstrate knowledge of relevant laws, regulations, and industry standards, ensuring adherence to best practices and maintaining a culture of compliance within the organization.

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