Sr. Finance Manager

4 days ago

Vadodara, Gujarat, India MBH Power Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Job Summary:

We are seeking a highly motivated and experienced Finance Manager / Senior Finance Manager to take full ownership of our financial operations, accounting, compliance, and project accounting functions. The ideal candidate will be a qualified Chartered Accountant with 5 to 7 years of post-qualification experience in managing end-to-end financial responsibilities.

Key Responsibilities:

Financial Operations & Reporting

  • Lead the monthly closure of books of accounts, including Profit & Loss, Balance Sheet, and Cash Flow statements.
  • Ensure accurate and timely preparation of quarterly and annual financial statements, including Notes to Accounts and Audited Reports.
  • Oversee day-to-day accounting and banking operations.

Cash Flow & Treasury Management

  • Responsible for company-wide cash flow planning, forecasting, and optimization.
  • Manage banking relationships, including compliance, foreign remittances, and loan documentation.

Budgeting & Performance Monitoring

  • Develop annual budgets and track financial performance against the same.
  • Identify variances, analyze root causes, and drive corrective actions.

Receivables & Inventory Management

  • Manage receivables and ensure timely collection through follow-ups and escalation protocols.
  • Monitor inventory levels and coordinate with operations for stock accuracy.

Compliance & Taxation

  • Ensure compliance with all statutory and legal requirements, including GST, WHT, income tax, and other local levies.
  • Oversee timely and accurate filing of monthly statutory returns.

Project Accounting

  • Ensure accurate and timely recording and closing of EPC project accounting.
  • Monitor project-wise profitability and reporting.

Cross-functional Coordination

  • Liaise with internal teams such as Logistics, Shipping, and Legal for export/import documentation and cargo clearance.
  • Collaborate with payroll, HR, and statutory bodies for timely salary disbursements and employee-related compliance.

Team Oversight & Delegation

  • Review and supervise work of local finance and accounts team.
  • Ensure proper delegation and clarity of responsibilities within the finance function.

MIS & Reporting

  • Prepare timely MIS reports to support management decision-making.
  • Ensure compliance with internal and external audit requirements.

Education & Experience:

  • Qualified Chartered Accountant (CA) or equivalent.
  • 57 years of post-qualification experience in financial management, preferably in EPC, manufacturing, or project-based industries.

Key Skills & Competencies:

  • Proficiency in SAP or any ERP system; exposure to SAP S4 HANA is highly preferred.
  • Strong analytical and business acumen.
  • Excellent communication and interpersonal skills.
  • Proven leadership and team management capabilities.
  • High degree of ownership and ability to work independently.
  • Strong networking skills and stakeholder management.

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