Financial Manager
3 weeks ago
Mangalam Placement Pvt Ltd. is a leading provider of recruitment services, dedicated to connecting talented professionals with exciting career opportunities.
Salary
The estimated salary for this position is ₹20,00,000 - ₹30,00,000 per annum, depending on experience and qualifications.
Job Description
We are seeking an experienced Senior Manager Executive to lead our international banking operations in Mumbai. As a key member of our team, you will be responsible for overseeing day-to-day financial activities, including accounting, payables, and receivables management, as well as financial reporting and analysis.
Responsibilities:
- •
Develop and maintain financial policies, procedures, and controls to ensure compliance with Indian and international accounting standards and regulations.
Monitor cash flow, liquidity, and financial health of the organization, and provide strategic recommendations to senior management.
• International Banking:
Manage relationships with international banking partners and financial institutions.
Execute and oversee international banking transactions, including wire transfers, currency conversions, LC/BL discounting.
Stay updated on global banking trends, regulations, and best practices to optimize international banking operations.
• Financial Reporting:
Prepare and analyze weekly, monthly, and annual financial statements in accordance with applicable accounting standards.
Provide accurate and timely financial reports and analysis to senior management and stakeholders.
Ensure compliance with regulatory reporting requirements in all jurisdictions where the company operates.
• Budgeting and Forecasting:
Lead the annual budgeting process and provide financial forecasts and projections.
Monitor budget performance and variance analysis to identify areas for improvement and cost-saving opportunities.
Work closely with department heads to develop and manage departmental budgets and forecasts.
• Risk Management:
Actively partner with business teams to identify and assess financial risks and implement strategies to mitigate exposure, including freight and credit insurance.
Monitor compliance with internal controls and recommend improvements to minimize risk.
Stay abreast of geopolitical and economic developments that may impact the organization's financial stability.
Qualifications:
- • Chartered Accountant
Proven experience as a similar mid-senior roles, with at least 7 years of experience in international trade.
Strong understanding of international accounting standards, regulations, and compliance requirements.
Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
Proficiency in Microsoft Excel and Accounting ERPs.
Ability to work independently and manage multiple priorities in a fast-paced environment.
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