Senior Manager, Finance Shared Services

Cover More Group

8 - 10 years

11 - 15 Lacs

mumbai

Posted:8 hours ago| Platform:

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Skills Required

erp sap financial reporting cash flow budgeting forecasting variance analysis financial services balance sheet auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Youll provide strategic direction for financial reporting, budgeting, forecasting, and variance analysis, ensuring alignment with business goals and regulatory frameworks.
Youll lead cost management strategies to drive long-term efficiencies and sustainable financial performance.
Youll oversee fixed asset governance and verification processes.
Youll drive and oversee the closing of monthly books, balance sheet reconciliations, offshore recharge processes, PL and cash flow reporting, identifying trends and areas of improvement.
Youll ensure the team establishes and maintains controls and review mechanisms for general ledger activities, vendor transactions, tax payments, and bank operations.
Youll review and approve vendor invoices for payment.
Youll maintain strong governance and rigorous processes, adjusting as needed to mitigate emerging risks and address new requirements.
Youll escalate and mitigate compliance risks in partnership with audit and tax consultants.
Youll guide and mentor accounting leads on resolving high-complexity issues and enhancing accounting accuracy.

Youll manage shared services activities including accounts payable, accounts receivable, general ledger, and financial reporting, ensuring accuracy and timeliness in line with SLAs.
Youll set operational performance benchmarks and ensure adherence across accounts payable, receivable, and reporting streams.
Youll champion automation and digital transformation initiatives to streamline operations and reporting workflows.
Youll ensure adherence to governance frameworks for system usage (e.g., SUN, Atlas) and maintain accurate, transparent reporting for global stakeholders.
Youll effectively manage team workload within tight schedules, maintaining a positive attitude and high engagement.
Youll lead and maintain a high-performing finance and shared services team through effective recruitment, coaching, and succession planning.
Youll cultivate a culture of accountability and empowerment, encouraging proactive results with minimal oversight.
Youll conduct regular strategic performance reviews and collaborate with HR on people development and organizational health initiatives.

Youll ensure all mandatory training is completed before due dates, with no compliance breaches, and full alignment with Cover-More values.
Youll oversee audit engagements and regulatory inquiries, ensuring compliance and timely completion.
Youll proactively identify regulatory changes and lead impact assessments and internal readiness programs.
Youll foster collaboration with internal stakeholders, including procurement and IT, to align financial operations with broader organizational goals.
Youll serve as a key financial advisor to the CM Australia and India Directors, offering strategic insight and updates on performance, audit matters, and regulatory developments.
Youll provide executive-ready presentations and reporting for leadership discussions and board-level reviews.
Youll identify and implement process improvements and best practices to enhance operational efficiency and effectiveness.
Youll drive continuous improvement initiatives and ensure the adoption of finance-related technologies.
Youll manage change communications and ensure stakeholder engagement and buy-in during transitions.
Youll support Australia CM with administrative functions, compliance tasks, and other head office requirements.
Youll assist in global financial and accounting projects to ensure consistency and excellence across regions.
Youll support and implement changes to finance processes as required to adapt to evolving business needs.

And what are we looking for

Youll hold a bachelor s degree in Finance, Accounting, Business Administration, or a related field. A master s degree or relevant certification (e.g., CPA, CMA) is preferred.
Youll bring a Chartered Accountant (CA) qualification or an equivalent, essential for this role s scope and responsibilities.
Youll have 8 10 years of experience in finance or shared services, with a minimum of 5 years in a managerial capacity.
Youll demonstrate a strong understanding of financial processes, controls, and compliance standards.
Youll possess excellent leadership, communication, and interpersonal skills.
Youll be proficient in financial software and ERP systems (e.g., SAP, Oracle).
Youll have the ability to drive change and improve processes in a dynamic and fast-paced environment.
Youll consistently meet tight deadlines without compromising quality.

We also offer some other perks including:

Mediclaim insurance cover in case of any health emergency
Coverage under group personal accident insurance
Flexible and compressed work weeks and hybrid working options.
Generous range of paid leave 21 annual leave days, 6 sick leave days, 12 public holidays
An extra day off for you to take on your birthday or your annual work anniversary.

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