Manager - Financial Reporting

Position Title:

Department:

Reports To:

Location:

Position Overview

Key Responsibilities

• Finance Reporting:
• Prepare and review monthly, quarterly, and annual financial reports in accordance with GAAP (Generally Accepted Accounting Principles) and company policies.
• Ensure financial reports accurately reflect the financial position of the organization.
• Assist in the preparation of management reports, including variance analysis, cash flow statements, and balance sheet reconciliation.
• Generate key performance indicators (KPIs) and other relevant financial metrics to support decision-making.
• Analyze and monitor employee costs and overhead budgets and expenditures, providing insights to management on variances and trends.
• Collaborate with other departments to gather required data for reporting purposes.
• MIS Reporting:
• Oversee and ensure the timely and accurate completion of all month-end closing processes.
• Prepare and post month-end journal entries, ensuring proper documentation and compliance with accounting standards.
• Reconcile general ledger accounts and ensure the accuracy of financial data. Identify and resolve discrepancies in financial data and accounting records.
• Review and verify all accounts are properly closed at month-end, ensuring no errors or omissions.
• Coordinate with other teams (e.g., accounts payable, accounts receivable, payroll) to ensure all transactions are recorded accurately and timely.
• Financial Analysis:
• Perform financial analysis, including reviewing monthly income statements, balance sheets, and cash flow statements.
• Conduct variance analysis to explain any deviations between actual and budgeted financial results..
• Assist with budget preparation and forecasts, providing necessary data and insights.
• Process Improvement:
• Assist in identifying opportunities to improve financial reporting processes and internal controls.
• Recommend and implement process improvements to streamline the month-end close cycle.
• Support the implementation of financial systems or software upgrades as needed.
• Audit Support:
• Assist in the preparation of documents and schedules for external auditors during annual audits.
• Respond to audit queries and provide necessary supporting documentation
  

Skills And Qualifications

• Education: Chartered Accountant.
• Experience: Minimum of 2-3 years of experience in financial reporting and MIS preparation and presentation.
• Technical Skills:
• Strong proficiency in accounting software D365 Business Central.
• Advanced Excel skills.
• Knowledge of accounting standards (GAAP, IFRS) and best practices.
• Key Competencies:
• Detail-oriented with excellent analytical and problem-solving skills.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.
• Strong communication skills to interact with various internal teams (e.g., HR, payroll, senior management).
• Proactive and adaptable to changes in accounting processes and systems.
  

Additional Information

• Work Schedule: Full-time, with flexibility to accommodate month-end closing schedules.
• Location: Mumbai – Work from office.
• Compensation: Best in industry.