Cobay | Senior Finance Manager

22 hours ago


tamil nadu, India Cobay Full time
Company Description
Cobay specializes in building global D2C brands and software products, offering comprehensive solutions. The company is located in Coimbatore, India, and focuses on developing innovative strategies for success in the digital space.
Role Description
This is a full-time on-site role for a Senior Finance Manager at Cobay in Coimbatore. The Senior Finance Manager will be responsible for overseeing financial planning, budgeting, forecasting, and analysis. They will also manage financial reporting, compliance, and risk management processes to support the company's growth and financial health.
Key Responsibilities:Financial Management & Reporting:
Oversee Accounting Operations: Manage daily accounting functions, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
Financial Statements Preparation: Ensure timely and accurate preparation of financial statements in compliance with Indian GAAP.
Monthly & Annual Closures: Lead month-end and year-end closing processes, ensuring accuracy and adherence to deadlines.
Financial Analysis: Conduct detailed financial analysis to identify trends, variances, and opportunities for cost optimization.
MIS Reporting: Prepare and present Management Information System (MIS) reports to provide insights into financial performance.
Taxation & Compliance:
GST Compliance: Ensure accurate calculation, timely payment, and filing of GST returns; manage GST audits and assessments.
TDS Management: Oversee TDS deductions, payments, and quarterly return filings; address any discrepancies promptly.
Income Tax: Handle corporate income tax matters, including advance tax computations, return filings, and liaison with tax authorities.
Regulatory Adherence: Ensure compliance with all statutory requirements, including PF, ESI, Professional Tax, and the Companies Act, 2013.
Budgeting & Forecasting:
Annual Budget Preparation: Collaborate with department heads to develop and manage annual budgets aligned with organizational goals.
Financial Forecasting: Provide accurate financial forecasts to support strategic planning and decision-making.
Variance Analysis: Analyze budget variances and implement corrective actions to align financial performance with projections.
E-commerce Financial Operations:
Payment Gateway Reconciliation: Manage reconciliations of transactions through various payment gateways and address discrepancies.
Inventory Accounting: Oversee inventory valuation, cost accounting, and coordinate with logistics for accurate stock records.
Marketplace Transactions: Handle financial aspects of sales through e-commerce platforms, ensuring accurate recording and reconciliation.
Audit & Internal Controls:
Internal Audits: Conduct regular internal audits to ensure adherence to financial policies and procedures.
External Audit Coordination: Liaise with external auditors to facilitate statutory audits and implement recommendations.
Internal Controls Implementation: Develop and enforce robust internal controls to safeguard company assets and ensure financial data integrity.
Team Leadership & Development:
Team Management: Lead and mentor the finance and accounting team, fostering a culture of continuous improvement.
Training & Development: Identify skill gaps and provide training to enhance team capabilities.
Performance Evaluation: Conduct regular performance reviews and provide constructive feedback to team members.
Qualifications
Financial Planning, Budgeting, and Forecasting skills
Financial Analysis and Reporting skills
Compliance and Risk Management knowledge
Experience with financial software and systems
Strong analytical and problem-solving abilities
Excellent communication and interpersonal skills
Ability to work in a fast-paced environment
CPA, CFA, or MBA in Finance is a plus

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