Finance Manager
Time Machine Group
مجموع سنوات الخبرة :20 years, 8 أشهر
Job responsibilities :
-Working as Finance Manager- Corporate finance/ accounts/ treasury
-Reporting to the CEO of the group
-Managing team of 10+ professional accountants
-Developing and implementing strong internal controls & processes with in various segments of the business through establishment of daily accounting principles & practices.
-Guiding and directing the team to understand the way systems to be followed without any exceptions.
-Developing MIS reporting systems to enable management to have complete overview of business at all point of time. This covers all the basic details of managing business functions.
-Detailed business analysis and reporting to be submitted to the management every month end, to evaluate the performance of profit centers and group as a whole.
-Monitoring recruitment, payroll and other HR functions. By overviewing these functions, ensuring that the candidate suitable for the profile is being hired, properly oriented and then made comfortable to perform as per the need of the organization.
-Ensuring monthly reconciliations to be made timely between HR and Accounts for all inter linked transactions pertaining to salary, advances, and deductions if any.
-Ensuring IT processes, infrastructure and systems are in place and in line with the growth plans of the organization.
-Ensuring hardware aspect of the systems matching with the recruitment plan, data integrity and its protection and proper management of infrastructure facilities through coordination of administration department.
-To have weekly internal meetings with accounts and finance department to discuss all the areas of working coming under the purview of the profile.
-Ensuring all the processes and accounting systems followed are in line with the standard practices and books of accounts are being managed in the proper order.
-To discuss with the finance team which includes banking and treasury about the problems if any which need to be addressed to manage day to day banking operations and smooth functioning.
-Active member of all the fortnightly meetings of all the business unit heads discussing various strategic & operational matters & ensuring all bottlenecks are timely addressed and handled.
-Contributing and sharing inputs to improve the business performance and practices like improving efficiency in operational management, scope of business development, observations in terms of improving communication matrix and need to educate team on various aspects to ensure everyone is in line with the organizational objectives.
Job Responsibilities:
-Oversee the budgeting and business planning process;
-Undertake daily review of the cash flow requirements and working on optimum and cost effective utilization of the same.
-Assists in the development and implementation of accounting & internal control systems to ensure compliance with generally accepted accounting principles and auditing procedures;
-Developing daily management information reporting system to help management taking correct timely commercial decisions
-Function as the primary contact for external and internal audits;
-Ensure all financial reporting (Internally & externally) deadlines are met;
-Have contributed to bring down the average cost of funding of the group by 5% per annum.
-Monitoring and guiding team in preparation of quarterly and annual reports as required for the management and auditors.
-Assures that the work meets quality standards by reviewing the work for accuracy and proper completion and monitoring output;
-Carry out regular business meetings with the associates, financial institutions, industry participants and support organizations as required for the smooth functioning of the organization as a whole
-Monitoring closely the credit limits for the customers and keeping check on the same by pushing the receivable follow up team.
-Involved in the software development in coordination with IT team at time of installation of ERP module.
-Audit planning with audit engagement partner and manager.
-Independent handling and complete responsibility of audit assignments, from initiation of audit process to finalization of financial statements.
-Coordinating and supervising audit engagement team and providing on-job training and coaching to assistants.
-Ratio analysis, analytical review of financial statements.
-Representing the firm in various meetings held by clients including board of directors meetings.
-Audit planning with senior audit manager.
-Independent handling and complete responsibility of audit assignments of small and medium sized enterprises.
-Involvement in filing various statutory returns for income tax of firms, individuals, service tax etc.
Chartered Accountant and a Commerce Graduate