Financial Associate

2 weeks ago

Bengaluru, Karnataka, India DR Paws Healthcare Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Roles and Responsibilities:

1. A/c Payable: a. Managing the procurement / purchases-related activities of the company and Hub level (Clinics). b. Timely payment of the vendors on the due date. c. Accounting the invoices and payments in the system.

2. A/c Receivable: a. Invoicing and recovering of the payments for goods and services. b. Performing account reconciliation and producing financial and management reports.

3. Business Finance: a. Works with the business team to arrive at the optimal quantity of stocks for purchase, and the right price to purchase/sell keeping profitability in mind b. Manage the Logistics finance (partners, pricing negotiation) for both buy side and sell side. c. Identify and remove the inefficiencies from the system, like matching off purchase again sales, reducing wastages, utilization levels, assessing changing demand d. Financial planning for the different departments like Logistic, marketing, sales, fulfilment, Distribution, Procurement etc. e. Forecasting and budgeting the funds requirement (capex or opex). f. Co-ordinate with the AP and AR team for timely payments and collections g. Drive growth and cost reduction initiatives with the operations stakeholders.

4. Financial Planning & Analysis: a. Manage the annual operating plan, quarterly or periodic forecast, monthly reviews, variance analysis, MIS etc. b. Monitor company's P&L, and ensure the smooth continuity of operations and business growth.

5. Financial reporting: a. Ensuring financial records are maintained timely and accurately. b. Ensure an accurate and timely monthly, quarterly and year-end close. c. Ensure the timely reporting of all monthly financial information. d. Prepare and submit a consolidated financial statement.

e. Collaborates with the other department managers to support overall department goals and objectives.

6. Taxation a. Plan, manage, Coordinateand develop all aspects of the company's tax process. b. Manage tax provision and tax compliance process. c. Timely filing of tax returns and maintaining the tax balances. d. Help in minimizing the tax liability or exposure..

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