JOB DESCRIPTIONS Manager - Finance Reports to: Head of Finance / CFO Direct Reports: Accounts Payable Executive / Assistant, GL Executive Location: Taloja, Navi Mumbai Band: Classification Level Position Summary: We are looking for a skilled Manager / Asst. Manager – Finance to handle the overall management and supervision of the accounting department with a focus on ensuring the timely and accurate delivery of financial statements and reporting. He will be responsible for daily bookkeeping, accounts payable and receivables, assistance with end-of-month close, audit preparation, and other related duties as assigned. This includes overseeing the work of accountants, reviewing financial statements, and preparing reports for upper management. They will also include the development and implementation of accounting policies and procedures. He will work closely with and report to the Head of Finance. Qualifications Academic A degree in the following subjects is a must Finance or Economics Accounting Additional: CS CA / CA ICWA Required Experience CA / ICWA / CS – 5-7 Years or M.Com/ B.Com - 10 - 12 Years in Manufacturing company. Multi-National Company (MNC) SAP Required Knowledge, Skills, and Abilities Demonstrated experience in handling the overall management and supervision of the accounting department. Monitoring and analysing accounting data and produce financial reports or statements Establishing and enforcing proper accounting methods, policies and principles Review financial statements, cash flow and prepare reports for upper management. Proven knowledge of Accounting standards, Policies and procedures Solid understanding of bookkeeping and accounting principles Hands-on experience with spreadsheets and SAP Front-ended statutory Audit or at least been a core team member of Statutory Audit (Preferably Big 4) Personal Excellent interpersonal skills / Team player Analytical skills Detail-oriented and organized. Computation skills Written and oral communication skills Problem-solving skills High professional integrity, honesty and trust Location – Taloja, Navi Mumbai Salary Range: Negotiable Benefits apart from Salary: Interview Mode - Personal Job Description: Roles & Responsibilities Ensure the accuracy of an organization’s financial documents for payment, auditing and tax purposes. Forecast and manage the cash flow of the company. Practice effective monitoring to ensure payments are made to vendors in a timely manner. Protect businesses against unintentional overpayment. Ensure balance sheet reconciliations are done periodically and verified as per the policies and procedures of the company. Ensure by reconciling vendor accounts and vendor statements are verified and discrepancies, if any, investigated Process outgoing payments in compliance with financial policies and procedures Provide informal training and guidance for junior members of the Finance team. Day-to-Day Duties Review of Accounts Receivable, General ledger and Accounts Payables functions and suggest a proper course of action. Ensuring maintenance of statutory books of accounts viz, journal, ledger and subsidiaries in compliance with time & accounting norms. Monthly reconciliation and submission of Balance sheet accounts as per company policy. Evaluating the routines established to safeguard the Company's assets, and as appropriate, verifying the existence and efficiency of such assets. Monitoring Cash flow on the operations of the company to review the cash position and forecast funds required for numerous expenses. Ensuring fulfilment of all requisite formalities, preparation of papers/ documents for effective funding, overdraft facilities, bank guarantee & loans. Liaising with various government departments, ensuring smooth business operations. Compiling of formalities and ensuring timely payment of statutory payments including GST, TDS, TCS, PF, ESI etc. Support business requirements including providing information, trackers, MIS etc. Support month-close activities, Internal and External Audits, BS reconciliation etc. Preparing audit program for Internal audit covering core areas to be reviewed by the auditors and follow up on significant and material deviations in consultation with junior staff and colleagues to overcome the same. Ensure compliance with the Parent company's internal operating guidelines and assist group auditors in testing compliance. Coordinating with Statutory Auditors and handling their queries related thereto. Preparation of Annual Financial Statements viz; Profit & Loss Account, Balance Sheet, Notes to Accounts and various other relevant statements and Schedules forming part of Annual Financial Information in accordance with Revised Schedule VI requirements (XBRL format) for statutory audit. Providing information to Transfer Pricing auditors related to international transactions in coordination with the Parent company and other transacting overseas corporate bodies to enable auditors to form opinions on various methods applied to arrive at international transaction value. Ensuring timely completion of Tax Audit and Transfer Pricing audit Ensuring Direct tax compliance viz payment and filing of e-TDS and Returns, etc. Ensuring Indirect Taxation compliance viz appropriate and timely payment of taxes and filing of GST returns. Job Type: Full-time Pay: ₹1,000,000.00 - ₹2,200,000.00 per year Benefits: Cell phone reimbursement Food provided Health insurance Provident Fund Experience: Manufacturing: 6 years (Preferred) Work Location: In person
Head of Finance Reports to: Functional reporting to Global CFO and Country Manager for administrative matters Location: Taloja, Navi Mumbai Band: L2/L3 Position Summary: We are seeking a CFO responsible for forecasting the organization's financial standing based on financial and operational data and reports provided by the finance and accounting teams and advising the CEO and Global teams on strategic direction. This role includes ensuring timely statutory compliance deliverables, monthly reporting, tracking cash flow and financial planning as well as analysing the company's financial strengths and weaknesses and proposing corrective actions. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills. He will work closely with and administratively report to the Country Manager and functionally report to the Global CFO. Qualifications Academic A degree in the following subjects is must: Finance Accounting Additional: CA or ICWA Additionally a CS would be a plus Required Experience 10+ Years Experience with at least 3+ years in a senior role Manufacturing company. Multi-National Company (MNC) SAP Required Knowledge, Skills, and Abilities · Extensive financial statement modelling experience, budgeting and forecasting. · Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs · Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same · Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization · Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows · Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action · Experience of working with SAP FI/CO module (SAP implementation experience would be a plus Statutory Compliance- Ensuring compliance to the govt. rules and regulations as laid down by statutory authorities’ viz Income Tax, GST, Excise & Service Tax, Exim, Provident Fund and VAT department. · Approachable and confident personality type, comfortable within a wide range of organizational environments. · High integrity and natural desire to assume responsibility. · Exposure to Audit (Big 4 a must) Personal Excellent leadership skills, with steadfast resolve and personal integrity Exceptional verbal, written, and visual communication skills Understanding of advanced accounting, regulatory issues, and tax planning Location – Taloja, Navi Mumbai Salary Range: Negotiable Benefits apart from Salary: Interview Mode - Personal Job Description: Roles & Responsibilities · Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting · Research revenue opportunities and economic trends, analyse internal operations and identify areas for cost reduction and process enhancement · Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure. · Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for Global reporting, Country management team and rest of the company. · Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Tax authorities, auditors including all statutory requirements) · Implementing financial management policies to underpin sustainable long-term financial health and reviewing performance against them. · Developing and maintaining an effective resource allocation model to deliver business priorities. · Leading on asset and balance sheet management. · Ensure that professional advice on matters that have financial implications is available and recorded well in advance of decision making and used appropriately. · Ensure that those making decisions are provided with information that is fit for the purpose – relevant, timely and giving clear explanations of financial issues and their implications. · A CFO is responsible for leading the finance team and ensuring that the team can effectively support the company's financial operations. This includes recruiting and training finance professionals, setting performance goals, and creating an environment that fosters collaboration and innovation. Day-to-Day Duties · Developing and Implementing Financial Strategies, monitoring and executing financial plans that complement the overarching business strategy. This involves working closely with other senior leaders to ensure the company's financial plans and budgets support its long-term growth and success. · Ensure overseeing Financial Operations and Controls across all financial operations, including accounts payable, accounts receivable, payroll, internal controls are in place to minimise financial fraud risk and comply with accounting and tax regulations. · Financial Planning and Analysis - responsible for developing and implementing a company's financial strategy, including budgeting, forecasting, and financial planning. · Generate timely Financial Reporting and deliver precise financial reporting including balance sheet, income statement, and cash flow statement and also be able to explain financial data to the local leadership team and global Finance organization. · Responsible for managing and identifying financial risks. This includes conducting risk assessments, implementing risk management strategies, and monitoring risk exposure. · Responsible for ensuring the business abides by all tax laws and rules. This involves creating tax planning plans, managing tax audits, and preparing and filing tax returns. · To oversee the company's cash flow and ensure there are enough resources on hand to pay for all of the company's financial commitments. Treasury Management · Oversee the capital management process, ensuring that the organisation has access to sufficient funding to support its operations, grow its business, and achieve its strategic objectives. · Ensure that financial processes are efficient and effective and that the company's financial systems are robust and secure. · Work with other executive team members to develop accurate and realistic budgets and forecasts and monitor the company's financial performance against these projections to make any necessary adjustments. · Keeping up with evolving accounting standards, tax legislation, and financial regulations is a part of this. · Ensuring that the audit function, both internal and External, operates effectively, providing valuable insights and recommendations to senior management, and contributing to the overall improvement of the organisation's financial management processes. · Building a Strong and Efficient Finance Team · Work closely with the leadership team on strategy, roadmap, and targets for the business, and advise on hiring decisions and market opportunities. Job Type: Full-time Pay: Up to ₹4,000,000.00 per year Benefits: Cell phone reimbursement Commuter assistance Flexible schedule Food provided Health insurance Leave encashment Provident Fund Work Location: In person