Finance and Accounting

2 days ago

Hyderabad, Telangana, India Cla Global Indus Value Consulting Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Position: Asst. Manager/Manager

Location: Hyderabad

Overview: Finance and Accounting head for Techno companies; responsible for overseeing all financial and accounting operations related to the lift and other contracting businesses. This role requires a deep understanding of financial principles, strong analytical skills, and the ability to manage complex financial tasks while ensuring compliance with regulatory requirements.

Responsibilities:

  1. Financial Planning and Analysis:

  2. Develop and implement financial plans, budgets, and forecasts for the lift and other contracting business.

  3. Conduct financial analysis to identify trends, opportunities, and risks.

  4. Provide strategic recommendations to senior management based on financial analysis and projections.

  5. Financial Reporting:

  6. Prepare monthly, quarterly, and annual financial reports for management.

  7. Ensure accuracy and compliance with accounting standards and regulations.
  8. Analyze financial data to provide insights into business performance.

3.Cost Management

  • Monitor and control costs related to business operations, including maintenance, repairs, and overhead expenses.

  • Identify opportunities to optimize costs and improve operational efficiency.

  • Fund Flow Management:

  • Manage cash flow to ensure sufficient liquidity for daily operations and future

  • investments.
  • Implement cash flow forecasting and monitoring systems.

  • Optimize working capital management strategies.

  • Financial Compliance:

  • Ensure compliance with relevant financial regulations and accounting standards.

  • Coordinate with internal and external auditors to facilitate audits and ensure compliance.

  • Stay updated on changes in regulations and industry standards.

  • Team Management:

  • Lead and supervise the finance and accounting team.

  • Provide guidance, training, and support to team members.

  • Foster a culture of accountability, professionalism, and continuous improvement.

  • Corporate Tax and VAT related Compliance:

  • Ensure Compliance with Corporate Tax and VAT related returns timelines.

  • Coordinate with Tax Authority to facilitate VAT and Tax assessment on time.

Qualifications:

  • Bachelor's degree in finance, accounting, or a related field. Chartered Accountant or CA Intermediate preferred.
  • Proven experience 12-15 years in finance and accounting roles, with specific minimum 5 experience in lift or contracting business.
  • In-depth knowledge of financial principles, accounting standards, and regulatory requirements.
  • Strong analytical skills and the ability to interpret complex financial data.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
  • Have in dept knowledge and working experience in Tally Software.
  • Advanced computer skills on MS Office
  • Demonstrated leadership abilities and experience in team management.

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