Financial Operations Specialist
7 days ago
The Finance Manager/Senior Finance Manager will oversee Bhumi's financial operations, focusing on accounts payable, payroll, statutory compliance, and audits. This role requires a strong understanding of financial management principles and a proven track record of ensuring timely payments, accurate payroll processing, and compliance with regulatory requirements.
Key Responsibilities:
- Manage and oversee the finance staff, providing guidance, support, and training to ensure effective financial operations.
- Conduct monthly bank reconciliations, monitor cash flow, and support treasury functions to maintain financial stability.
- Lead audit processes, ensuring timely documentation and responses to observations while implementing process improvements across accounts payable, payroll, and audits.
- Handle income tax and FCRA matters, ensuring compliance with statutory regulations and timely submissions to regulatory bodies.
- Ensure accurate and timely payroll processing, including statutory deductions, in coordination with HR on payroll records.
- Fully responsible for accounts payable functions, ensuring timely payments and staff reimbursements, managing vendor relationships, and reviewing payment requests for compliance with organizational policies and regulatory standards.
Requirements
- Bachelor's or Master's degree in Finance, Accounting, Commerce, or a related field.
- 5-7 years of experience in financial management; experience in the non-profit sector is an advantage.
- Proven experience in statutory compliance, accounts payable, payroll management, and audits.
- Prior experience with donor reporting and trust/society accounting is preferred.
- Strong understanding of statutory regulations (TDS, PF, ESI, Professional Tax) and tax filings.
- Proficiency in accounting software (QuickBooks, Tally, Zoho Books) and advanced skills in MS Excel.
- Excellent communication and leadership abilities.
- Strong attention to detail, problem-solving skills, and the ability to manage multiple tasks efficiently.
- Knowledge of financial reporting, vendor management, and process improvement strategies.
- Ability to liaise with internal teams and external stakeholders effectively.
Working Arrangements
- Scope: Full-time
- Reporting to: Associate Director - Finance
- Expected Start Date: Immediate
- Location: Chennai
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