Assistant Manager Finance & Accounts

Aster Medcity is looking for Assistant Manager.Finance & Accounts.Aster CMI Hospital Bangalore to join our dynamic team and embark on a rewarding career journey An Assistant Manager in Finance and Accounts is a role that involves supporting the financial operations and activities of an organization
They work closely with the finance and accounting team to ensure accurate financial records, compliance with regulations, and efficient financial management Here are the key responsibilities of an Assistant Manager in Finance and Accounts:Financial Reporting: Assistant Managers in Finance and Accounts contribute to the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements They ensure compliance with accounting principles, standards, and regulatory requirements (such as Generally Accepted Accounting Principles or International Financial Reporting Standards) Budgeting and Forecasting: They assist in the budgeting process by providing financial data, analyzing trends, and participating in budget discussions They help develop financial forecasts, monitor actual performance against budgets, and provide insights to support decision-making Financial Analysis: Assistant Managers perform financial analysis to assess the organization's financial performance and identify areas for improvement They analyze financial data, ratios, and key performance indicators (KPIs), and provide recommendations to enhance financial efficiency, profitability, and cost control Internal Controls and Compliance: They assist in implementing and maintaining internal control procedures to safeguard assets, prevent fraud, and ensure compliance with financial regulations They participate in internal audits, identify control weaknesses, and recommend improvements to mitigate risks Accounts Payable and Receivable: Assistant Managers oversee accounts payable and receivable processes They ensure timely and accurate processing of invoices, monitor payment collections, manage vendor relationships, and reconcile accounts to maintain accurate financial records Financial Planning and Analysis: They support financial planning and analysis activities, such as variance analysis, financial modeling, and scenario planning They assist in assessing investment opportunities, evaluating financial risks, and developing financial strategies to support organizational goals Taxation and Compliance: Assistant Managers collaborate with tax professionals or external consultants to ensure compliance with tax laws and regulations They assist in preparing tax returns, coordinating tax audits, and providing relevant financial data for tax planning purposes Treasury Management: They assist in cash flow management, including monitoring cash positions, forecasting cash needs, and optimizing working capital They may coordinate with banks, manage bank accounts, and assist in cash flow projections Financial Systems and Processes: Assistant Managers contribute to the improvement and implementation of financial systems and processes They may assist in implementing accounting software, enhancing financial reporting capabilities, and streamlining financial workflows Team Management and Development: They may provide guidance and support to junior members of the finance and accounts team, assign tasks, and ensure efficient teamwork They may also assist in training and developing team members' skills to enhance overall performance