Senior Manager - Finance Management Regulation

Job Summary:

The Deputy Manager- FMR (RTR) is responsible for a collection of processes between recording financial transactions and the publication of financial reports. The candidate should be a qualified Chartered Accountant/Cost Accountant or an accounting postgraduate from Finance related streams.

S/he is responsible of providing both strategic, financial and operational feedback on business performance as well as financial statements that are compliant with local accounting standards. Responsibilities include posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statements, supporting month end closing, preparing various reports as required and supporting audits.

Job Description:

Financial Management & Consolidation Reporting;

General ledger accounting;

- Month close Journals entries

- Depreciation and Prepaid charge off

- Allocation of Overheads

- Analyzing Direct cost and Indirect cost of sales (Manufacturing)

- Analyzing Expense accounts along with their Budgets (Non-Manufacturing)

- Fair valuation of Open contracts, Currency covers, Stock and Futures

- Off Balance sheet finance items;

- Repo Finance

- Factoring, and

- Reverse Factoring processes

Account Reconciliations;

- Bank Reconciliation

- Inter-company reconciliations

- Inventory Reconciliation

- Other Balance sheet accounts Reconciliation

Management reporting (Post Month close reports);

- Balance sheet schedules

- Fixed capital and Working capital analysis,

- Overhead analysis reports

- Credit and Counterparty Risk Analysis

Financial Planning & Analysis:

- Working Capital Budget

- Capex Budget

- Profitability Budget

- Overheads Budget

Operational Excellence:

- Experience on identifying and eliminate non-value added activities.

- Develop and modify SOP for delegated activities

- Should have experience in Analytics

IT Skills:

- SAP and MS office (Mandatory)

Profile Description:

- Commerce Degree from an Institute of repute with 8 -10 years in Finance and Accounts domain from a FMCG / Manufacturing or a Captive / Third-Party environment

- Experience in setting up Validation Checklists for all processes and ensure to review on a continuous basis for completeness and accuracy

- Experience in independently reviewing, validating, authorising journal entries and ensure those are recorded in the appropriate accounting period

- Prior experience in preparing plant costing reports, MUV (Materials Usage Variance)/PPV (Purchase Price Variance) absorption costing, standard costing etc.

- Should have excellent knowledge in fixed assets accounting and fair knowledge about Bill of Material creation, production/work order settlement etc.

- Excellent understanding of Generally Accepted Accounting Principles (GAAP)

- Working knowledge of SAP / Oracle and SAP BPC / BO / BI would be an added advantage

- Should be able to identify and implement Continuous Improvement Projects (Six Sigma, Lean, YB projects) to improve team's productivity and efficiency and overall quality of processes

- Strong domain expertise, analytical skills and logical reasoning with good leadership capabilities with the ability to handle pressure and work in an environment of strict deadlines

- Good communication, interpretation and comprehension skills, proactive and good in numbers

- Willingness to work in different time zones and willingness to travel (short informed trips) based on the business needs.