"Finance & Accounts Manager"

Position Overview:

We are seeking a highly organized and detail-oriented Finance & Accounts Manager to oversee and manage the financial operations of our organization. This role involves handling all aspects of accounting, financial reporting, budgeting, and analysis. The ideal candidate will have experience in managing a team, improving financial processes, and ensuring compliance with regulatory requirements. You will work closely with senior management to provide strategic financial insights to support business growth.

Key Responsibilities:

• Financial Reporting & Analysis
• Prepare accurate monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Analyze financial data to provide insights into the company’s financial performance and recommend cost-effective solutions.
• Ensure compliance with internal policies, local tax laws, and financial regulations.
• Budgeting & Forecasting
• Lead the preparation of annual budgets and financial forecasts in collaboration with department heads.
• Track budget performance and report on variances, providing insights into potential risks and opportunities.
• Recommend actions to optimize resource allocation and improve financial outcomes.
• Accounts Management
• Oversee day-to-day accounting operations, including managing accounts payable, receivable, and payroll.
• Ensure the accuracy of financial records by maintaining proper accounting systems and records.
• Manage monthly, quarterly, and annual closing of financial records in accordance with company timelines.
• Tax Compliance & Reporting
• Ensure timely and accurate filing of all corporate tax returns, VAT, and other statutory payments.
• Maintain up-to-date knowledge of local tax laws, ensuring the company remains compliant with all tax regulations.
• Liaise with external auditors during annual audits and address any audit queries.
• Cash Flow Management
• Monitor and manage the organization’s cash flow to ensure sufficient liquidity for operations.
• Oversee payments and collections processes to ensure that the company’s financial obligations are met in a timely manner.
• Manage banking relationships and optimize the company’s financing options.
• Internal Controls & Process Improvement
• Implement and maintain strong internal controls to safeguard company assets and ensure the integrity of financial data.
• Continuously evaluate and improve financial processes and systems for efficiency and effectiveness.
• Conduct periodic internal audits to ensure compliance with company policies.
• Team Management
• Manage and mentor the accounts and finance team, providing guidance, training, and support.
• Set clear performance goals and conduct performance reviews for team members.
• Ensure the team is motivated and works cohesively to achieve department objectives

Job Type: Full-time

Pay: ₹50,000.00 - ₹60,000.00 per month

Benefits:

• Food provided
• Provident Fund

Experience:

• Finance & accounts: 10 years (Required)

Location:

• Chennai, Tamil Nadu (Required)

Work Location: In person