Finance Manager

2 days ago


bangalore, India Don Construction Products (DCP) Full time

Position: Finance Manager Location: Bangalore, India Experience: 7-10 years Company Overview: DCP is a multi-national company with operations in over 10 countries, and over 90 years of experience serving the construction industry with innovative products and solutions. The company specializes in developing, manufacturing, and marketing innovative construction materials, and offer one of the most extensive product ranges on the market. Position Overview: As a vital member of the management team, you are responsible for managing the financial activities of the company, including budgeting, forecasting, financial analysis, and reporting. You play a critical role in ensuring the financial health of the company by providing insights and guidance on financial matters, managing financial risks, and supporting strategic decision-making. Responsibilities: Financial Duties: Develop and manage the company’s annual budget, prepare cash flow forecasts, and long-term financial plans. Conduct financial analysis to identify trends, variances, and opportunities for improvement. Oversee the preparation of financial statements, including the income statement, balance sheet, and cash flow statement. Ensure timely and accurate month-end and year-end closing processes. Prepare management reports and financial summaries for stakeholders and ensure compliance with accounting standards, regulations, and internal policies. Monitor the company’s cash flow to ensure sufficient liquidity for operations and manage working capital, including accounts receivable, accounts payable, and inventory. Develop cash flow projections and identify potential cash flow issues. Review the expenses variance file, prepared with the Chief Accountant, and monitor expenditures to ensure they align with the budget. Identify financial risks and develop strategies to mitigate them. Implement and monitor internal controls to safeguard assets and ensure the integrity of financial information. Ensure compliance with financial regulations, standards, and group of internal policies and procedures. Lead and manage the finance team in coordination with the Chief Accountant, including hiring, training, and performance management. Provide guidance and support to team members on financial matters while fostering a culture of continuous improvement and professional development within the finance team. Support strategic initiatives, including capital investments, and collaborate with other departments to align financial objectives with overall business goals. Provide financial insights and analysis to support business growth and expansion plans. Build and maintain relationships with external stakeholders, including external auditors, banks, and investors. Review and approve the CFR. Evaluate and approve the credit limit for new customers based on available documents as part of the approval cycle. Review and approve external and internal transfers between


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