Posted By
Mary Verghese Kollanoor
Senior HR Talent Acquisition at Magnet HR Consulting Services
Last Login: 21 October 2024
Posted in
Banking & Finance
Job Code
1471467
Finance Manager
Role and Responsibilities:
Accounts Setup and Streamlining:
- Establish and streamline accounting departments and systems
- Implement and monitor day-to-day accounting and financial reporting systems.
- Create and deploy a software-based accounting system for both entities.
Financial Reporting and Analysis:
- Provide daily and periodic financial reports to Directors, including dashboards, ageing reports of receivables and payables, and monthly P&L analysis.
- Prepare monthly project-wise P&L reports for the CEO.
- Conduct project-wise and batch-wise economic analyses.
Financial Management & Statutory Compliances:
- Oversee accounting, inventory management, purchase processes, vendor and partner management, and educator management.
- Ensure compliance with statutory and regulatory requirements, including Board Resolutions, GST, ROC, Income Tax, TDS, and other taxes.
- Organize Board Meetings & Leadership Financial Meetings
- Collaborate with auditors and advisory teams to fulfill all statutory and regulatory norms.
- Manage Trademark, Legal, Statutory related matters
- Manage relationships with Banks and other financial institutions
Investor Relations and Reporting:
- Develop and maintain investor reports, valuation reports, and financial planning documents.
- Track and manage income, receivables, and collections.
- Generate investment metrics and assist in financial modeling and pricing strategies to support the roadmap to an IPO.
Budgeting, Forecasting & Controls:
- Implement monthly budgeting, forecasting, and control processes.
- Conduct financial performance reviews with respective teams.
- Implement Cost control and financial discipline measures in the organisation
Payroll and Benefits Management:
- Oversee the processing of salaries, variable pays, incentives, bonuses, ESOPs, and other benefits in coordination with the HR department.
- Manage income tax return filings for directors and employees.
Partner Payments and Relationships:
- Ensure accurate and timely partner payments.
- Manage payment plans, collection plans, internal team follow ups, reviews, fulfillment and status
- Foster and maintain healthy relationships with partners and auditors.
Strategic Planning:
- Assist the CEO in financial planning, settlement of liabilities, and execution of financial strategies.
- Provide insights to the CEO on financial positions, strategies, profitability, product pricing etc.
Qualifications:
- Proven experience in financial analysis, accounting, and control.
- Strong knowledge of financial systems, accounting software, and compliance regulations.
- Strong skills in Excel or Google Sheets
- Experience in managing accounts for both internal and external entities.
- Excellent analytical and problem-solving skills with a focus on detail.
- Strong communication and reporting skills.
- Ability to manage and lead financial operations in a dynamic environment.
- Experience in investor relations and preparing for an IPO is a plus.
- Proficiency in financial modeling, budgeting, and forecasting.
- Proven ability to effectively manage and coordinate remote teams, ensuring clear communication, accountability, and collaboration across various location offices as well as work-from-home team members.
Office Location and Travel:
- This position is based in Bangalore and requires full-time, on-site work.
- You should be prepared for potential travel to various business locations for operational and business purposes.
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Posted By
Mary Verghese Kollanoor
Senior HR Talent Acquisition at Magnet HR Consulting Services
Last Login: 21 October 2024
Posted in
Banking & Finance
Job Code
1471467