Job Summary
A Finance Manager is responsible for the financial health of an organization, overseeing both daily financial operations and long-term economic strategy. They guide executive leadership in making sound business decisions by analyzing data, managing risk, and ensuring compliance.
Financial Planning and Analysis
- Lead the annual budgeting process and create detailed financial forecasts.
- Analyze market trends and competitor performance to find opportunities for business expansion or cost reduction.
- Evaluate the financial viability of new projects, acquisitions, or product lines.
Reporting and Compliance
- Prepare accurate monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow reports.
- Ensure all financial operations comply with legal standards, corporate tax regulations, and established accounting principles.
- Coordinate and direct the preparation of external and internal financial audits.
Cash Flow and Treasury Management
- Monitor day-to-day financial operations within the company, such as payroll, invoicing, accounts payable, and accounts receivable.
- Manage daily cash flow to ensure the company maintains sufficient liquidity to meet its operational obligations.
- Oversee the company's capital structure, maintain banking relationships, and manage the investment of surplus funds.
Risk Management and Controls
- Identify potential financial or market risks to the company and implement effective mitigation strategies.
- Establish and maintain robust internal controls to protect company assets and prevent fraud or errors.
- Evaluate and manage corporate insurance policies and coverage requirements.
Strategic Leadership
- Advise senior executives and department heads on business planning and high-level financial decisions.
- Build, manage, and mentor a team of financial analysts, accountants, and administrative support staff.
- Streamline financial processes and implement new accounting software or systems to improve reporting efficiency.
Job Type: Full-time
Pay: ₹25,000.00 - ₹45,000.00 per month
Work Location: In person