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Financial Operations Manager

2 weeks ago


Delhi, Delhi, India ScaleneWorks People Solutions LLP Full time

About ScaleneWorks People Solutions LLP

We are a professional recruitment organization dedicated to providing top talent solutions to our clients.

The ideal candidate will have a strong background in finance and accounting, with experience in managing finances within the recruitment or staffing industry.

Key Responsibilities:

  • Financial Planning & Analysis:
    • Lead the financial planning and forecasting processes, ensuring alignment with business goals.
    • Provide in-depth financial analysis, offering insights and recommendations to senior leadership for strategic decision-making.
  • Budgeting & Cost Management:
    • Oversee the preparation and management of financial plans.
    • Monitor actual spending against financial plans, analyzing variances and recommending corrective actions to control costs and improve profitability.
  • Financial Reporting & Compliance:
    • Prepare timely and accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements.
    • Ensure compliance with local regulations and industry standards for financial reporting.
  • Cash Flow Management:
    • Manage cash flow, ensuring the organization has the necessary funds for day-to-day operations.
    • Forecast cash requirements and coordinate with the finance team to ensure adequate liquidity for operations.
  • Revenue Recognition & Billing:
    • Supervise the billing process for recruitment services, ensuring that invoices are accurate and timely.
    • Monitor revenue recognition in line with industry standards and company policies.
  • Taxation & Regulatory Compliance:
    • Ensure the organization complies with all tax laws and regulations.
    • Manage tax filings and liaise with external auditors for audits and tax-related matters.
    • Stay updated on changes to tax laws impacting the recruitment industry.
  • Vendor & Client Financial Management:
    • Oversee relationships with key vendors and clients from a financial perspective.
    • Ensure proper contract management, timely invoicing, and resolve any financial discrepancies or disputes.
  • Team Management & Leadership:
    • Lead and mentor the finance team, ensuring smooth day-to-day operations.
    • Provide guidance and support to junior team members in financial processes, accounting practices, and reporting.
  • Financial Systems & Process Improvement:
    • Continuously evaluate and improve financial systems and processes for greater efficiency and accuracy.
    • Implement automation tools where applicable to streamline operations and reduce manual errors.
  • Internal Controls & Risk Management:
    • Establish and maintain robust internal controls to safeguard organizational assets and prevent financial fraud.
    • Monitor financial risks and develop strategies to mitigate potential financial issues.

Requirements:

We are looking for a Finance Lead with:

  • A proven track record of experience as a Finance Lead or similar financial role, preferably within the recruitment or staffing industry.
  • A strong understanding of financial planning, budgeting, forecasting, and analysis.
  • An in-depth knowledge of accounting principles, financial reporting, and tax regulations.