Financial Manager
5 days ago
Merito is seeking a highly skilled and experienced Financial Manager to join our team. As a key member of our finance department, you will be responsible for leading and managing our financial operations, ensuring accurate and timely financial reporting, and providing strategic financial guidance to our leadership team.
Key Responsibilities:- Financial Accounting and Reporting: Ensure timely and accurate preparation of financial statements, including profit and loss, balance sheet, and cash flow. Oversee day-to-day accounting operations, including accounts payable, receivable, general ledger, and payroll.
- Budgeting and Forecasting: Assist in preparing annual budgets and periodic forecasts. Analyze budgetary performance, identify variances, and recommend corrective actions.
- Taxation and Compliance: Ensure timely filing of statutory returns and coordinate with tax consultants to ensure compliance with all tax regulations.
- Internal Controls and Process Improvement: Establish and maintain a system of strong internal controls to safeguard company assets. Regularly review financial procedures to ensure accuracy and compliance.
- Cash Flow and Treasury Management: Monitor daily cash flow, ensuring liquidity to meet operational needs. Manage banking relationships and oversee cash, investments, and borrowing activities.
- Team Leadership and Development: Lead and mentor a team of finance and accounts professionals. Assign responsibilities, set goals, and evaluate the performance of the team.
- Vendor and Contract Management: Oversee accounts payable processes, ensuring timely payments and reconciliations. Negotiate terms with vendors and service providers to optimize cost efficiencies.
- Financial Analysis and Insights: Analyze financial data to identify trends, risks, and opportunities for improvement. Provide financial insights to support management in decision-making processes.
- Stakeholder Collaboration: Collaborate with cross-functional teams to align financial goals with business objectives. Work closely with external auditors, tax advisors, and regulatory authorities.
- Education: Bachelor's degree in Finance, Accounting, or related field (Master's or MBA preferred). Professional certifications such as CA (Chartered Accountant), CMA, or CPA can be considered as preferable but not mandatory.
- Experience: 7-10 years of experience in finance and accounting, with at least 3 years in a managerial role. Strong experience in financial reporting, taxation, budgeting, and compliance. Proven track record of managing accounting teams and implementing process improvements.
- Skills: Excellent knowledge of accounting principles (IFRS/GAAP) and financial management practices. Proficiency in financial software and ERP systems (e.g., Tally, SAP, Oracle). Strong analytical and problem-solving skills. Excellent communication and leadership abilities. Attention to detail and high level of accuracy. Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Key Competencies: Leadership, Analytical Thinking, Communication, Attention to Detail, and Integrity.
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