Senior finance executive

4 weeks ago

Bengaluru, India CoffeeBeans Full time
Founded in the year 2017, Coffee Beans specializes in offering high end consulting services in technology, product, and processes. We help our clients attain significant improvement in quality of delivery through impactful product launches, process simplification, and help build competencies that drive business outcomes across industries. The company uses new-age technologies to help its clients build superior products and realize better customer value. We also offer data-driven solutions and AI-based products for businesses operating in a wide range of product categories and service domains.
What will you be doing?
1. Strategic Financial Management:
o Develop and implement financial strategies aligned with the company’s
goals and objectives.
o Lead long-term financial planning and risk management initiatives.
o Ensure effective financial decision-making to support business growth.
2. Financial Reporting and Analysis:
o Oversee the preparation and analysis of financial statements, including
profit and loss, balance sheet, and cash flow statements.
o Conduct financial analysis to identify trends, variances, and areas for
improvement.
o Prepare detailed financial reports for senior management and stakeholders.
3. Budgeting and Forecasting:
o Lead the budgeting process, ensuring alignment with company goals and
market conditions.
o Conduct financial forecasting to guide strategic planning and resource
allocation.
o Monitor and report on budget performance, addressing any variances.
4. Compliance and Risk Management:
o Ensure compliance with local and international financial regulations and
standards.
o Develop and implement risk management policies and procedures.
o Liaise with external auditors and regulatory bodies as required.
5. Contract Management:
o Oversee contracts with Clients & Vendors
o Identify & implement risk management measures in consultation
6. Tax Compliance:
o Oversee all aspects of tax compliance, including GST, income tax, and other
statutory requirements.
o Ensure timely and accurate filing of GST returns, income tax returns, and
other mandatory filings.
o Manage tax audits and resolve any tax-related issues or disputes.
o Stay updated with changes in tax laws and regulations to ensure ongoing
compliance.
7. Investment and Capital Management:
o Manage the company’s investment portfolio and make strategic investment
decisions.
o Oversee capital structure and funding strategies to support business
operations.
8. Cost Control and Efficiency:
o Identify opportunities for cost reduction and operational efficiency
improvements.
o Implement process improvements and financial controls to enhance
profitability.
o Monitor and manage operational expenses to ensure financial sustainability.
9. Team Leadership and Development:
o Lead and mentor the finance team, fostering a culture of continuous
improvement and professional development.
o Collaborate with other departments to support overall business objectives
and initiatives.
o Ensure the finance team remains up-to-date with industry trends and best
practices.
10. Stakeholder Communication:
o Present financial results and strategic recommendations to the seniors
o Act as the primary point of contact for financial matters with investors,
banks, and other external stakeholders.
o Communicate complex financial concepts to non-financial stakeholders
effectively.
Required Skills and Qualifications
 Education:
o Qualified Chartered Account (CA)
 Experience:
o Minimum of 6-8 years of experience in senior financial roles, preferably
within the IT consulting or technology sector.
o Proven track record in financial & compliance management, strategic
planning, and risk management.
 Technical Skills:
o Proficiency in financial software (working knowledge in Zoho Modules
desirable), ERP systems, and advanced Microsoft Excel.
o Strong understanding of financial regulations, accounting principles, and
industry-specific financial practices.
o In-depth knowledge of GST, income tax, and other statutory compliance
requirements in India.
 Analytical and Strategic Thinking:
o Exceptional analytical and problem-solving skills.
o Ability to interpret complex financial data and provide strategic insights and
recommendations.
 Communication and Interpersonal Skills:
o Excellent written and verbal communication skills.
o Strong presentation skills with the ability to convey financial information to
diverse audiences.
 Leadership and Team Management:
o Proven leadership capabilities with a focus on team development and
performance management.
o Ability to inspire and motivate a team, fostering a collaborative and results-
driven environment.
Career Path
This role is pivotal in driving the financial success and strategic growth of the company,
requiring a blend of technical expertise, business & strategic acumen and strong
leadership abilities. And the candidate will progress to Senior Finance Manager depending
on individual career aspirations and organizational opportunities

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