Senior Financial Manager
2 days ago
Job Description:
As a Senior Financial Manager, you will be responsible for leading the finance and accounting teams across units. Your key objective will be to develop and implement effective financial strategies that drive business growth and profitability.
Key Responsibilities:
- Develop and implement strategic financial plans aligned with business objectives.
- Lead the preparation of monthly and annual financial statements, including P&L, Balance Sheet, and Cash Flow.
- Review management reports, including MIS and profitability tracking.
- Guide the month-end/year-end closing and audit processes in alignment with statutory requirements.
- Manage daily cash flow and optimal utilization of working capital.
- Monitor and manage treasury operations, including investments, surplus fund management, and interbranch transfers.
- Liaise with banks and financial institutions to secure cost-effective funding.
- Ensure timely and accurate filing of all statutory returns, including GST, TDS, PF, PT, ESIC, Advance Tax, and Income Tax.
- Supervise GST reconciliation, ITC matching, audit preparation, and representation before departments as needed.
- Oversee ROC filings, FEMA/RBI compliance, and liaison with external consultants and legal advisors for tax assessments and notices.
- Ensure completion of Stock Audit, Statutory and GST audits within timelines.
- Resolve audit observations and implement process improvements for better control and compliance.
- Monitor suspense accounts, bad debts, and high-risk transactions; ensure reconciliations are complete.
- Oversee preparation and review of CMA data, QIS reports, LC/Bank Guarantee documentation.
- Coordinate with banks for limits renewal, submission of financials, and compliance declarations.
- Manage RBI compliance related to export-import transactions.
- Oversee imports, including BOEs, customs payments, and duty reconciliations.
- Manage Auditor's certifications, export turnover declarations, and write-off settlements.
- Lead and mentor the finance, accounts, and compliance teams across units.
- Provide strategic financial inputs to senior management for business decision-making.
- Ensure team adherence to timelines and upskilling through process training.
Requirements:
- Deep knowledge of Indian accounting standards, taxation laws, and compliance regulations.
- Proven experience in treasury operations and forex risk management.
- Strong banking network and understanding of credit facilities, trade finance.
- Ability to manage audits and ensure end-to-end financial hygiene.
- Excellent leadership, analytical thinking, and stakeholder management skills.
Benefits:
This role offers an exciting opportunity to join a dynamic organization and contribute to its growth and success. The ideal candidate will have a strong background in finance and accounting, excellent leadership skills, and the ability to work effectively in a fast-paced environment.
Why Join Us?
Our organization is committed to providing a collaborative and supportive work environment that fosters professional growth and development. We offer competitive salaries, comprehensive benefits, and opportunities for advancement.
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