Assistant Finance Manager

Responsibilities:

Financial Planning and Analysis (FP&A)

• Develop and manage the companys annual budget by collaborating with cross-functional teams to ensure accurate forecasting and optimal resource allocation.
  
• Provide financial projections using historical performance data, market trends, and strategic objectives to support informed senior management decision-making.
  

2. Accounting and Bookkeeping

• Maintain and update the

  General Ledger (GL)

  by accurately recording all daily financial transactions for the Bangalore office, including sales, purchases, payments, receipts, and journal entries.
• Prepare and file statutory taxes and compliances such as

  GST, TDS, PT, PF

  , and perform

  26AS reconciliation

  , coordinating with auditors and tax advisors when required.
• Conduct

  cost center tracking

  , review bills for sales, purchases, and expenses, and ensure accurate provisions and accruals.
• Prepare

  book valuation data

  , provisional financial statements, depreciation workings, and ensure audit schedules reconcile with accounting books to support timely audit closure.
• Prepare financial statements including the

  Balance Sheet, Profit & Loss Statement, and Cash Flow Statement

  .

3. Cash Flow Management

• Monitor the companys cash flow and prepare

  short-term and long-term cash forecasts

  to ensure adequate liquidity for operational and financial obligations.
• Manage day-to-day working capital by optimizing

  inventory, receivables, and payables

  to improve cash efficiency.

4. Internal Controls and Compliance

• Develop, document, and implement financial policies and procedures to ensure strong internal controls and maintain the integrity of financial operations.
  
• Conduct internal audits to identify process gaps, inefficiencies, and potential risks of fraud, ensuring compliance with

  local, state, and applicable international regulations

  .

5. Financial Reporting and Documentation

• Prepare regular management reports providing insights into profitability, liquidity, cost efficiency, and overall financial performance.
  
• Assist with year-end financial reporting for auditors, shareholders, and regulatory bodies.
  
• Analyze the performance of company investments, returns, and associated financial risks; maintain documentation for the same.
  

6. Cost Management and Profitability Analysis

• Monitor and control operating expenses to identify cost-saving opportunities without affecting quality or operations.
  
• Perform

  profit margin and variance analysis

  to identify drivers of profitability and recommend improvements such as pricing strategies or cost optimization.
• Allocate costs across departments, projects, or cost centers to improve financial transparency and efficiency.

Joining : 2 months

Must have skills :

• Management reporting, financial reporting, financial control, Analytical skills, Budget Preparation

Good to have skills :

• MIS Preparation, Financial accounting, Budget analysis and MIS reporting
• Financial forecasting, Budgeting, Financial planning and Financial management