Senior Manager - Finance

The role of a Senior Manager - Finance in a footwear trading company with an annual turnover of around Rs 100 crores (approximately a mid-sized enterprise in India) typically involves overseeing the financial health of the organization, ensuring compliance with regulatory requirements, and supporting strategic decision-making. While responsibilities can vary based on the company's specific operations (e.g., import/export activities common in footwear trading), the major job activities are drawn from common practices in similar Indian trading and retail firms. These include:

• Financial Planning and Budgeting: Lead the preparation of annual budgets, financial forecasts, and long-term financial plans, including cost optimization and alignment with business goals like inventory turnover and sales projections.
• Financial Reporting and Analysis: Prepare and analyze financial statements (e.g., profit and loss, balance sheets, cash flow statements), monthly/quarterly reports, and variance analyses to identify trends, risks, and opportunities for revenue enhancement or cost control.
• Cash Flow and Working Capital Management: Monitor and manage cash flows, including oversight of accounts receivables, payables, and inventory levels to ensure liquidity, especially in trading operations involving stock procurement and sales cycles.
• Compliance and Statutory Obligations: Ensure adherence to Indian regulatory requirements, such as filing GST, TDS, ESI, PF returns, coordinating with statutory auditors, and managing audits to maintain compliance in a trading environment with potential import duties or export incentives.
• Trade Finance Operations: Handle import/export-related finances, such as arranging letters of credit (LC), bank guarantees (LG), supplier/buyer credit, and discounting facilities, which are critical for sourcing footwear from domestic or international suppliers.
• Risk Management and Strategic Support: Assess financial risks (e.g., forex fluctuations in international trading), provide insights to senior management on investment decisions, and support business strategies like expansion or supplier negotiations.
• Team Oversight and Process Improvement: Supervise the finance team, review daily operations, reconciliations, and reports, while implementing efficient accounting systems and continuous improvements to enhance accuracy and efficiency.

Job Types: Full-time, Permanent

Pay: ₹50,000.00 - ₹90,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance

Work Location: In person

Speak with the employer
+91 9930430246Application Deadline: 01/09/2025Expected Start Date: 01/09/2025