Senior Financial Operations Leader

10 hours ago

Tirupati, Andhra Pradesh, India beBeeFinance Full time ₹ 90,00,000 - ₹ 1,20,00,000

Job Overview

The Finance Manager role is pivotal in driving business growth and success. This position requires a highly skilled individual to lead the accounting operations of the entity, ensuring accurate and timely financial reporting.

Responsibilities

Accounting:

  • Lead and ensure compliance with all relevant accounting standards, including US GAAP and Local GAAP.
  • Ensure timely preparation of periodic financial statements/reports, ensuring that reported financials are fair and accurate.
  • Coordinate with the accounting partner to review and finalize monthly financial records.
  • Drive accounting operations for procure-to-pay processes, including expense management and balance sheet transactions.
  • Prepare month-end general ledger close activities for all legal entities in India and US.
  • Assist in preparing financial statement disclosures and support annual and periodic audits as per applicable law.

Compliance:

  • Maintain and update a compliance calendar for multiple geographies for all applicable laws and compliance requirements.
  • Manage vendor invoices, record payments, and ensure tax compliance.
  • Review tax filings and assist in preparing necessary tax submissions across India and the US.
  • Ensure compliance with periodic filings required by regulatory authorities in India and US working together with outsourced accounting and compliance partners.

Financial Analysis and Process Set Up:

  • Provide required support to the executive team to assess the financial impact of new initiatives.
  • Calculate commissions for employees on variable payroll and submit reports to the accounting partner monthly.
  • Assist sales and customer service teams in completing vendor forms and ensuring compliance with company and regulatory requirements.
  • Oversee the development of financial accounting systems needed to maintain reporting specifications.

People / Stakeholder Management

  • Manage a team of accounting professionals of entities and guide them in controllership functions.
  • Responsible for ensuring timely and accurate reporting of revenue activities for the Group and maintaining a single source of truth for financial data.
  • Cash management, including daily cash positioning, multi-currency fund transfers, co-ordination with front/middle office and banks for ensuring timely settlements, investments and redemption.

Required Skills and Qualifications

Skillset:

  • Proficiency in MS Office, Zoho Books, and QuickBooks.
  • Deep understanding of India and US GAAP accounting principles and procedures.
  • Familiarity with the SaaS business model and key metrics.
  • Excellent attention-to-detail.
  • Strong problem-solving skills and the ability to connect information to find solutions proactively.

Experience and Education

Qualified Chartered Accountant (CA) with overall experience of about 4-6 years.

A passion for learning and continuous improvement, always seeking better ways of doing things.

Curiosity to independently explore and analyse data to gain insights into the trajectory of our business.

Consistently meet deadlines and effectively prioritize workload.

Challenge the status quo and bring innovative methods to improve process/Process Transformation through Digitalization, Lean Principles, and Automation

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