Group Finance Manager
Pal Group of Companies
Total years of experience :10 years, 6 Months
Key Highlight:
• Played a key role in setting up accounts department in a new venture of the group.
• Successfully developed internal control policies and SOPs.
• Re-engineered the existing accounts team, developed an individual and consolidated MIS reporting system.
• Working with an ERP vendor for implementing a new ERP system
Job Responsibilities:
• Accountable for the administrative, financial, risk management and operations of the business
• Responsible for planning, implementing, managing and controlling all financial-related activities including the development of financial and operational strategies.
• Managing accounting, finance, forecasting, strategic planning
• Providing strategic recommendations to enhance financial performance and new business opportunities
• Overseeing all transactions and processing systems
• Ensuring effective internal controls are in place
• Reporting to the Group CEO, Board of Directors, and assuming a strategic role in the overall management of the company
Supervising the Accounts Team.
Management of Cash Flow.
Raising funds for working capital.
Checking accounts payables/receivables/payments/collections
Preparing monthly financial statements.
Monitoring the day to day transactions.
Managing working capital requirements.
Preparation of Cash Flow & Fund Flow Statements.
Liaison with bankers.
MIS ( Debtors ageing, Stock Ageing, )
Managing Credit Facilities.
Maintaining all records related to Bank (Credit facility, Discounted cheque, Margin against Guarantee, L/C ….etc.)
Managing external audit.
Carrying out Statutory Audit, Internal Audit and Tax Audit of Limited Companies & Other Entities under different laws.
Handling of taxation work of Companies, Firms & Individuals.
Coordinating team of Junior Auditors and assigning them responsibilities.
Managing and planning physical verification of fixed assets and inventories
Preparation of management reports.
Finalization and preparation of accounts and finalizing audit reports.
Preparing of details and arranging of documents as required by Income Tax Department in case of Scrutiny.
Preparation of business plan project reports.
Budgeting and Financial Analysis
Carrying out Statutory Audit, Internal Audit and Tax Audit of Limited Companies & Other Entities under different laws.
Handling of taxation work of Companies, Firms & Individuals.
Coordinating team of articles clerks and assigning them responsibilities.
Managing and planning physical verification of fixed assets and inventories
Finalization and preparation of accounts and finalizing audit reports.