Finance Associate

6 - 10 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Finance Associate in the Operations Team, your role will involve supporting financial management responsibilities and financial analysis activities for projects to monitor budget and actuals, and minimize financial risks. You will interact with other supporting functions and stakeholders, with a specific focus on Operations Teams. Your key responsibilities will include: - Developing and maintaining project budget trackers to support the operations teams. - Responding to internal and external requests for financial and budgeting assistance from Operations. - Close monitoring of project deliverables. - Setting up and driving internal control systems for project finance to safeguard assets, prevent fraud, ensure compliance with regulations, and maintain accurate financial records. - Budgetary control and cash flow management. - Performing financial analysis of projects and portfolio as directed. - Ensuring compliance with regulatory, statutory, and internal control systems. - Management reporting, operations, and Project KPI tracking, including reporting of appropriate variances to management. - Handling and coordinating Audit statutory, tax, internal, and banking requirements with the Group Finance team. - CWIP review. - Capitalization of fixed assets and maintenance of adequate documents. The ideal candidate for this role should meet the following related work experience requirements and qualifications: - Proficient in managing project finance operations for a manufacturing project. - Minimum of 6-10 years of experience in a finance function. - Exposure to FMCG manufacturing setups and projects execution in a similar industry. - Financial modeling and experience in tracking and monitoring financial risk. - Coordinating audits and experience in management reporting. Preferred qualifications for this role include: - CA or Post Graduate Degree in Business Finance or Accounting. - Good knowledge of SAP and BI. - MIS and reporting experience. Exposure to the FMCG environment and manufacturing areas will be preferred. Please note that the Annual Incentive Reference Value Percentage for this role is 10%. This value represents a market-based competitive value for your role, falling in the middle of the range and indicating performance at target.,

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