Assistant Manager - Accounts & Finance - CA

Position: Assistant Manager - Accounts & Finance

Location: Mumbai

Exp: 1-3 yrs

CTC : 15 Lacs

Qualification - CA (1st Attempt only)

- Preparation & review of a financial budget

- Monitor monthly performance of each retail outlets against budget on various parameters

- Introduced a system for online system based LPO generation and approval in place of manual PO

- Analyzing the factors leading non achievement of budget, if any and analyzing corrective measures

- Responsible for making feasibility study for any new store

- Introduced system based movement of shopping bags, from warehouse to customers.

- Preparation of Financial Statements & MIS reports on a monthly as well as annual basis.

- Responsible for finalisation of accounts as per IFRS guidelines.

- Responsible for dealing with auditors in relation to all audit compliances.

- Setting up of Credit period and Credit limit for all new and existing customers.

- Monitoring the collection of all Institutional customers and making sure that it follows the credit norms

- Preparation and approval of contracts for Institutional Customers.

- Liaising and negotiating with Banks & Financial Institutions for raising fund and non-fund based facilities at favorable terms to meet working capital and project requirements.

- Issuing various kinds of Bank guarantees & Letter of credit for various projects bided & executed by the company in EPC space.

- Submitting Bills under LC for getting the payment released.

- Involved in US entry strategy discussions involving study of the US market, engaging with i-bankers, working on valuation of target company

- Involved with preparation and finalization of information memorandum for bank loan syndication

- Monthly evaluation & consolidation of Financial Reporting

- Responsible for preparation & supervision and finalization of the Annual budget of the SBUs and the company

- Responsible monitoring monthly performance of various SBUs against budgets on various parameters

- Analysing the reasons of non-achievement of revenue budget against predefined for each SBU

- Analysing various opex against their budget and preparing the variance analysis

- Responsible for developing and maintaining online system for incurring Capex and other major revenue exp. And monitoring the capex against budget.

- Analysing the movement of receivable of all SBUs on a monthly basis and analyzing in detail of old due receivables

- Involving in development of various reports from ERP like Receivable, SBU wise profitability, SBU wise balance sheet, inventory reports

- Responsible for designing and finalising BI tool related to pertaining to Profitability, opex, Production-Dispatch & Inventory for a company

- Involved in developing and maintaining an online Expense management system for the company

- Responsible for providing DP report, Stock & receivable reports

- Involved in the process of finalisation of accounts on quarterly and annual basis

- Responsible for carrying reconciliation process between MIS and Account numbers on the quarterly basis