Finance Manager – Accounting & Business Plan Management

Location:

Mumbai

Position Type:

Full-Time

Job Summary:

The Finance Manager will be responsible for overseeing the accounting operations, financial reporting, and the development and management of business plans. This role involves ensuring compliance with financial regulations, driving financial accuracy, and providing strategic insights to support the company's growth and sustainability. The ideal candidate will have a strong background in accounting principles, budgeting, financial planning, and strategic business management.

Key Responsibilities:

Accounting Management:

• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, payroll, and reconciliations.
• Ensure the accuracy and integrity of financial statements in accordance with applicable accounting standards.
• Develop and maintain financial policies, procedures, and controls.
• Lead monthly, quarterly, and annual financial close processes.
• Coordinate and manage internal and external audits, ensuring timely compliance and minimal findings.
• Ensure tax compliance and timely filings for all applicable jurisdictions.

Business Plan Management:

• Develop, implement, and monitor annual business plans and financial strategies.
• Lead the budgeting, forecasting, and financial planning processes.
• Analyze financial performance against business plans and suggest corrective actions.
• Collaborate with department heads to align financial strategies with organizational goals.
• Develop financial models to support decision-making and strategic initiatives.
• Monitor key financial metrics (profitability, ROI, cash flow, revenue growth) to ensure business targets are met.

Financial Reporting and Analysis:

• Prepare and present detailed financial reports to senior management and stakeholders.
• Provide insights into financial performance, variances, and trends.
• Implement data-driven strategies to optimize financial performance and cost management.

Risk Management and Compliance:

• Ensure full compliance with financial laws, regulations, and internal policies.
• Identify potential financial risks and implement mitigation strategies.
• Maintain a strong internal control environment to safeguard company assets.

Leadership and Collaboration:

• Manage and mentor the accounting team, providing professional growth opportunities.
• Work closely with cross-functional teams, including operations, HR, and leadership, to drive financial excellence.
• Act as a key financial advisor to the leadership team.

Key Performance Indicators (KPIs):

• Accuracy of financial statements (% error rate).
• Timeliness of financial reporting and audits.
• Budget variance and adherence to financial targets.
• Return on Investment (ROI) and Profitability Ratios.
• Compliance with financial regulations and audit outcomes.
• Efficiency improvements in financial processes.

Educational Requirements:

• Semi-Qualified Chartered Accountant (minimum mandatory)

Experience:

• 3–5 years of progressive experience in finance, accounting, or financial planning roles
• Proven track record in financial reporting, budgeting, and business planning
• Experience with Indian tax regulations, compliance, and audit processes
• Experience in managing teams and cross-functional collaboration

Technical Skills:

• Proficiency in financial software (e.g., Tally, Zoho Books, QuickBooks, SAP, Oracle Financials)
• Strong command of Microsoft Excel and financial modeling
• Knowledge of accounting standards (IND-AS, IFRS)
• Familiarity with data visualization tools (e.g., Power BI, Tableau) is a plus

Soft Skills:

• High attention to detail and accuracy
• Excellent analytical and problem-solving skills
• Strong communication and stakeholder management abilities
• Leadership qualities with experience in mentoring and team development
• Strategic thinking with an ability to connect financial performance to business goals

Preferred Qualifications:

• Experience working in startups or high-growth environments
• Exposure to international financial practices or handling multi-currency transactions
• Prior experience in wellness, health-tech, or consulting industries is a plus
• CA/CFA