Manager - Accounts & Finance

5 - 9 years

0 Lacs

Posted:15 hours ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Manager - Accounts & Finance, your main role will involve fund management for new projects. This includes managing funds and utilization based on the revenue generated, preparation of monthly budgets and utilization, as well as generating monthly reports for new projects. You will be responsible for preparing MIS by the 10th of every month, conducting cost control analysis, and making revenue projections. Measures will be taken under your supervision to control costs effectively. Your key responsibilities will also include managing receivables by ensuring that funds are received on time against the raised invoices. It will be your duty to make sure that timely invoices are sent to clients and proper reconciliation of revenue is consistently done. In terms of banking and finance, you will oversee the monthly reconciliation of all transactions. You will lead audits and compliance activities, ensuring the timely completion of audits for new entities, both statutory and internal. Additionally, you will be responsible for inventory management, ensuring accurate recording of consumption and proper integration with the ERP system for new projects. Your role will also involve commercial negotiation and tender participation. You will strategically lead commercial negotiations to secure favorable terms aligned with long-term business goals and financial sustainability. Developing pricing strategies and negotiation frameworks based on market analysis, cost structures, and value-based positioning will be a key aspect of your responsibility. You will drive risk-informed decision-making by identifying and mitigating commercial, legal, and financial risks during contract negotiations. Overseeing the end-to-end tender process, including pre-bid evaluation and risk assessment, will be crucial. Collaboration with legal, compliance, finance, and operations teams to address risks before bid submission is vital. Establishing internal governance and approval mechanisms for high-value or high-risk tenders will also be part of your role. Monitoring post-award performance and managing renegotiations to safeguard commercial interests will be essential. Overall, your role as Manager - Accounts & Finance will involve overseeing fund management, financial reporting, compliance, inventory management, and commercial negotiations, ensuring effective utilization of funds and resources for the company's financial sustainability and growth.,

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