Job
Description
You will be responsible for preparing and maintaining accurate financial statements, such as profit and loss statements, balance sheets, and cash flow statements, in compliance with accounting standards (IFRS/GAAP). Timely submission of statutory reports, including tax filings, GST returns, and other regulatory compliance reports will be part of your role. You will also coordinate with auditors during internal and external audits to ensure full compliance with tax laws and financial regulations. As a part of the role, you will lead the preparation of annual budgets and financial forecasts and work closely with department heads to ensure alignment with company goals. Monitoring budget performance throughout the year and providing regular analysis and variance reports to senior management will be essential. You will also recommend corrective actions and cost-saving initiatives based on budgetary variances. Monitoring daily cash flow to ensure operational needs are met, managing cash forecasting, and maintaining relationships with financial institutions for smooth financial operations will be among your responsibilities. Additionally, overseeing cash disbursements and maintaining accurate records of all financial transactions will be crucial. Cost analysis will be a key aspect of your role, including identifying opportunities to reduce expenses and improve profitability, particularly in relation to the procurement of dairy raw materials, packaging, and logistics. Analyzing financial data to identify trends, variances, and improvement areas will also be part of your duties. Collaborating with procurement and operations teams to optimize costs and improve margins will be essential. You will be expected to develop and implement internal control systems to safeguard the company's assets and ensure the accuracy and reliability of financial information. Continuously reviewing and improving accounting processes and procedures to enhance efficiency and accuracy will be important. Providing leadership to ensure adherence to best practices in financial management and reporting will also be required. Leading, supervising, and mentoring the accounting team to ensure smooth operations and team development will be part of your responsibilities. Conducting performance reviews, setting objectives, and providing training to enhance the skills and capabilities of the finance team will also be essential. Promoting a collaborative and results-driven work environment within the accounts department will be crucial for success. You will provide strategic financial insights and recommendations to senior management for informed decision-making. Preparing monthly and quarterly financial reports for management, offering actionable insights on financial performance, and recommending necessary actions will be part of your role. Qualifications: - Educational Qualification: A bachelor's degree in accounting, Finance, or a related field. A professional qualification such as ACCA, CPA, or CA is preferred. - Experience: Minimum of 6-8 years of experience in accounting or finance management, preferably within the FMCG or dairy products industry. Strong experience in financial reporting, budgeting, forecasting, and compliance. Experience with ERP systems (e.g., SAP, Oracle) and advanced MS Excel skills. This is a full-time position with benefits including cell phone reimbursement and provided food. The job requires day shift availability and relocation to Calicut, Kerala. The work location is in person.,