Financial Operations Manager

6 days ago

Mumbai, Maharashtra, India Find Next Hire Full time
Account Finance Manager

We're seeking an experienced and detail-oriented Account and Finance Manager to oversee financial operations for a group of companies. The ideal candidate will be proficient in managing multicompany accounts, possess strong knowledge in compliance, and have expertise in financial reporting and analysis. The role requires hands-on experience with manufacturing accounting, tax compliance, and import-export transactions.

Key Responsibilities:
  • Financial Reporting: Prepare and analyze financial statements for the group of companies, including balance sheets, income statements, and cash flow statements.
  • Provide timely, accurate, and actionable financial insights to support decision-making.
  • Month End and Year End Close: Lead the month-end and year-end closing processes, reconcile accounts, resolve discrepancies, and ensure financial data accuracy.
  • Prepare and analyze daily, weekly, monthly, quarterly, and annual MIS reports to identify trends and variances.
  • Budgeting and Forecasting: Assist in developing annual budgets and forecasts, monitor actual performance versus budgeted figures, and analyze variances.
  • Collaborate with various departments to collect and validate financial data.
  • General Ledger Management: Maintain and reconcile the general ledger across multiple companies, review and post journal entries, and ensure accurate and up-to-date financial records.
  • Perform daily accounting tasks, including bank reconciliations and managing payments for TDS, GST, and income tax.
  • Compliance and Audit: Ensure full compliance with tax regulations, including TDS, GST, and income tax filings.
  • Assist with the preparation of tax returns and collaborate with internal and external auditors during audits.
  • Implement and maintain strong internal controls to safeguard company assets.
  • Financial Analysis: Conduct thorough financial analysis to identify trends, opportunities, and risks.
  • Perform variance analysis and provide financial recommendations to support strategic decision-making.
  • Assess financial performance through comprehensive financial assessments.
  • Software Proficiency: Utilize accounting software, such as Tally ERP and Tally Prime, for managing financial operations.
  • Stay informed on industry best practices and emerging technologies in financial management.
  • Team Leadership: Manage a team of 56 members, ensuring accurate and timely completion of tasks.
  • Oversee multiple MIS reports shared with management daily, ensuring clear and precise communication.
  • Motivate and lead the team to achieve optimal performance while ensuring alignment with company goals.
  • Banking and Import-Export Accounting: Manage multiple bank accounts and handle all aspects of banking operations, including reconciliations and transactions.
  • Oversee import-export accounting and banking transactions, liaising with creditors, debtors, and bankers.
Qualifications and Skills:
  • Strong knowledge of accounting principles and financial management, specifically for group companies.
  • Proficiency in Tally ERP, Tally Prime, and other accounting software.
  • Experience in managing compliance with TDS, GST, income tax, and audit requirements.
  • Familiarity with import-export accounting and banking procedures.
  • Excellent leadership and team management skills, with the ability to lead and inspire a team.
  • Strong communication skills in both English and Hindi.
  • Ability to handle multiple priorities and meet strict deadlines in a fast-paced environment.
Preferred Experience:
  • Proven experience in managing accounts for multiple companies, including manufacturing sectors.
  • Prior experience handling complex financial operations, including multibank accounts and import-export transactions.
  • Experience in managing a finance team and reporting directly to senior management.

This role offers an opportunity to lead financial operations across a group of companies and contribute to the growth and success of the organization. If you meet the qualifications and are looking for a challenging yet rewarding role, we encourage you to apply.

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