Finance Manager

Core Responsibilities:

· Ensuring the proper and efficient management of the financial systems, enabling accurate, relevant management accounts and information pack to be produced within 10 working days of month end dates.

· Ensure the day-to-day cash flow is managed optimally within the facilities available for the smooth running of the business.

· Responsible for day-to-day management of the accounts receivable and payable sections, achieving agreed kpi’s and targets.

· Undertakes all product costings and analysis.

· Control and manage the annual budgeting process so that it is finalised and issued by the agreed dates.

· Preparation of quarterly financial forecasts including cashflow forecast to be reviewed at the quarterly Director’s meeting in July, October, December, and April.

· Prepare quarterly profitability and margin statements by SKU, with commentaries to explain the variance between actual and budget.

· Oversee the Company’s banking facility and other bank accounts, undertaking all necessary administration for the management of the debt facility to ensure the business is working within the banking covenants. Ensure the necessary reconciliations are done on a weekly/monthly basis to keep both systems aligned.

· Issue weekly/monthly KPIs as agreed with the directorate to the agreed deadlines.

· The annual audit to be completed in line with agreed deadlines.

· In liaison with the supply chain manager ensure that inventory business processes and transaction processing are complied with, in line with company procedures to ensure accurate inventory records.

· Ensure all supplier invoices are properly matched to Purchase orders and GRN’s and authorised in line with agreed authority limits.

· Payroll – Run the monthly payroll and make payment of salaries on the due date. Submit all statutory reports to Income Tax department to the required deadline.

· Ensure that reconciliations of key control accounts are done on a monthly/weekly basis by appropriate personnel.

· Monitor the MIS systems on a regular basis with a view to recommending improvements to enhance information provision within the business.

· Ensure all statutory reporting is submitted to the required deadlines.

· Ensure that all housekeeping functions of the master data are done on a timely basis to ensure accuracy of the sales database.

· Pro-actively communicate with other departmental heads as to the performance of their departments against the budgets or for any significant variances.

· To undertake other ad hoc responsibilities as directed by the senior management.

Job Type: Full-time

Pay: Up to ₹80,000.00 per month

Work Location: In person