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General Manager Finance

3 months ago

Mumbai, India JewelsHire Full time
Job Description
JewelsHire, a distinguished leader in the realm of jewellery industry recruitment, extends its invitation for a position at a renowned jewellery manufacturer located in Andheri East, Mumbai.

Description
Role:
We are looking for an experienced General Manager - Finance to manage cash flow, develop
and implement financial processes, manage relationships with financial institutions, and
identify and mitigate financial risks.

➢ Key Responsibilities:
1- Accounts & Finance
• Overseeing & managing the accounts payable and the accounts’ receivable function.
• Finalizing the balance sheet and presenting the MIS as per the decided cost sheet and
schedule
• Managing and overseeing the daily operations of the accounting department. Establishing
and enforcing proper accounting methods, policies, and principles.
• Run revenue and expense variance analysis
• Identify the risks and mitigate them
• Routinely review revenue cycle to identify and address issues affecting overall
performance proactively, handling internal audits
• Maintain good relationships with the bankers

2- Compliance & Legal
• Ensure a company complies with tax laws and regulations specific industry and region
• Liaise with lawyers and auditors, Legal agreement reviews

3- System & Automation
• Identify, acquire and implement systems and software to provide critical financial and
operational information. Evaluate the finance team and make suggestions for automating
processes and increasing working efficiency. Eg: ERP

4- Team Management & Training
• Mentor and develop a team managing work allocation, systems training, performance
evaluations, and the building of an effective and efficient team dynamic

5- Other Tasks
• Handling Inventory and Customs related aspects
• Capital expenses/ fixed asset-related aspects

➢ The incumbent will be required to collaborate with the following people:
1- With Secretary General: (Group CFO)
• Finalize balance sheet/AC payable receivable, Compliance, Global structuring of the
company, Banking, and fundraising-related requirements
2- CEO & Board of Directors
• Balance sheet, MIS, Cashflow, Financial annual objectives
3- With the Director of Business Finance plus Governance
• Budgets and forecasts, recommendations, Balance Sheet & MIS
4- Functional Heads
• Payments, reimbursement, budgets, Approvals, revenue cycle, compliance
5- Business Finance
• Collaborate with the Business Finance Director in order to assess and evaluate the
financial performance of an organization with regard to long-term operational goals,
budgets, and forecasts. Provide insights and recommendations for the organization's shortterm
and long - term growth plans.

RequirementsTechnical Requirements: ‐
  • Must Have:
1. CA
2. International Exposure
3. GST Compliance
4. Direct & Indirect Tax
  • Good to Have
1. MBA
2. FEMA
3. IFRS
4. GAAP
5. Retail Background
Personality Requirements:

  • Strong Analytical Skills: A GM Finance should possess excellent analytical abilities to assess financial data, identify trends, and make informed decisions based on financial insights.
  • Strategic Thinking: The ability to think strategically is crucial for a GM Finance as they need to align financial goals with the organization's overall strategic objectives and provide guidance on financial planning and risk management.
  • Leadership and Communication: Effective leadership and communication skills are essential for a GM Finance to collaborate with cross-functional teams, articulate financial concepts to non-financial stakeholders, and lead the finance department towards achieving organizational objectives.
  • Integrity and Ethical Conduct: As a custodian of financial information, a GM Finance must maintain the highest ethical standards, display integrity, and ensure compliance with financial regulations and company policies.
  • Adaptability and Resilience: The finance landscape is dynamic, and a GM Finance should be adaptable to changing business environments, be resilient in the face of challenges, and possess the ability to find innovative solutions to financial issues.
  • Attention to Detail: Precision and attention to detail are critical in financial management. A GM Finance should have a meticulous approach to reviewing financial reports, identifying discrepancies, and ensuring accuracy in financial data.
  • Business Acumen: A comprehensive understanding of business operations and industry trends enables a GM Finance to provide strategic financial advice, assess investment opportunities, and contribute to the overall growth and profitability of the organization.


BenefitsBudget - Up to 35 LPA
Location  - MIDC, Andheri East, Mumbai

Requirements
Chartered Accountant, Finance, MIS, Risk Management, Cash Flow, Balance Sheet