Chief Financial Administrator

2 weeks ago

Gulbarga, Karnataka, India beBeeAccountant Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Job Title: Financial Operations Manager

The primary role of a Financial Operations Manager is to oversee and manage various financial activities, ensuring accurate and timely recording of financial transactions.

This position requires a strong understanding of accounting principles, financial analysis, and excellent communication skills.

  • Financial Reporting:
  • Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
  • Ensure compliance with accounting standards, regulatory requirements, and company policies.
  • Analyze financial data to identify trends, discrepancies, and opportunities for improvement.
  • Budgeting and Forecasting:
  • Collaborate with other departments to create and manage budgets for different projects or operational areas.
  • Monitor budget performance and variances, providing insights and recommendations for corrective actions.
  • Develop accurate financial forecasts to support strategic planning.
  • General Accounting:
  • Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger activities.
  • Reconcile financial records and resolve discrepancies promptly.
  • Maintain accurate and up-to-date financial records.
  • Financial Analysis:
  • Conduct thorough financial analysis to support decision-making and long-term planning.
  • Provide insights on financial performance, cost control, and revenue enhancement opportunities.
  • Assist in evaluating investment opportunities and business expansion strategies.
  • Team Management:
  • Lead and mentor a team of accountants, ensuring their professional growth and development.
  • Delegate tasks effectively, set performance goals, and conduct regular performance reviews.
  • Auditing and Compliance:
  • Coordinate with internal and external auditors during audits and reviews.
  • Ensure compliance with tax regulations, financial reporting standards, and other relevant laws.
  • Cash Management:
  • Monitor cash flows and liquidity, optimizing working capital management.
  • Implement strategies to manage accounts payable and accounts receivable efficiently.
  • Relationship Management:
  • Collaborate with banks, financial institutions, and vendors to maintain strong working relationships.
  • Engage with cross-functional teams to provide financial insights and support for decision-making.
  • Software and Technology:
  • Utilize accounting software and financial management tools to streamline processes and enhance accuracy.
  • Stay updated with advancements in financial technology and suggest relevant improvements.

A 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.

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