Finance Executive

About AbsoluteLabs:

We are a boutique consulting organization with specialization in business and technology consulting, offering comprehensive digital transformation services. Our mission is to empower clients to maintain their competitive edge and foster innovation by staying ahead of evolving customer behaviours. With our tailored approach, we bring unparalleled expertise in specific industry verticals, enabling our clients to remain agile, adaptable, and innovative in today's digital landscape.  

Key Responsibilities

1. Budgeting and Forecasting:

• Lead the annual budgeting process, working closely with department heads to establish financial goals and targets. 
• Develop and maintain rolling forecasts to provide timely insights into financial performance. 

2. Financial Reporting:

•  Own monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) 
•  Prepare and present timely financial statements, including balance sheets, income statements, and cash flow reports. 
•  Ensure compliance with accounting standards (GAAP/IFRS) and regulatory requirements. 

3. Financial Analysis:

• Conduct in-depth financial analysis to identify trends, opportunities, and potential risks. 
• Provide actionable insights to support strategic decision-making and resource allocation. 

4. Cost Management:

• Monitor and analyze costs and expenses, identifying opportunities for efficiency improvements. 
• Work with department heads to ensure cost control and adherence to budgetary guidelines. 

5. Performance Reporting:

• Prepare and distribute regular financial reports to senior leadership, highlighting key performance indicators and variances against budget/forecast. 
• Develop and maintain management dashboards for effective decision support. 

6. Tax Compliance

•  Ensure timely and accurate filing of tax returns and compliance with tax regulations. 
•  Liaise with external auditors and tax advisors as needed. 

7. Cash And Treasury Management

•  Oversee cash flow planning and working capital management 
•  Manage banking relationships and optimize treasury functions 

Requirements:

• Master's degree (Premium Institute) or CA inter is preferred. 
• Proven experience as a Finance Manager or similar role, with a minimum of 4 + years of experience in financial planning, analysis, and reporting. 
• Strong knowledge of financial principles, regulations, and standards. 
• Proficiency in financial modeling, forecasting, and analysis techniques. 
• Advanced proficiency in financial management software, spreadsheet applications, and ERP systems. 
• Excellent analytical and problem-solving skills, with keen attention to detail. 
• Strong communication and presentation skills, with the ability to explain complex financial concepts to non-financial stakeholders. 
• Demonstrated ability to work collaboratively in cross-functional teams and build effective working relationships. 
• Proactive mindset with the ability to anticipate business needs and provide strategic financial guidance. 
• Solid understanding of business operations and the ability to align financial goals with overall organizational objectives. 
• High ethical standards and a commitment to maintaining confidentiality and integrity in handling financial information. 

Job Location - Hyderabad