Finance & Accounts Manager

Location

Mumbai | India

Job description

Job Summary: Â The Accounts Manager is responsible for overseeing all financial activities within the organization, including financial reporting, budgeting, forecasting, and managing a team of accountants. They play a key role in ensuring the financial health of the company and compliance with relevant regulations.

Key Responsibilities:

• Financial Reporting:
• Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
• Ensure accuracy, completeness, and compliance with accounting standards and regulations.
• Present financial reports to senior management and stakeholders.
• Budgeting and Forecasting:
• Collaborate with department heads to create and manage annual budgets.
• Monitor and report on budget variances.
• Prepare financial forecasts to aid in decision-making.
• Team Management:
• Lead and supervise a team of accountants and financial professionals.
• Assign tasks, set goals, and provide guidance and training to team members.
• Conduct performance evaluations and provide feedback.
• Financial Compliance:
• Ensure compliance with relevant financial regulations and standards.
• Oversee the preparation and filing of tax returns.
• Stay updated on changes in financial regulations and make necessary adjustments.
• Financial Analysis:
• Analyze financial data to identify trends, opportunities, and potential risks.
• Provide recommendations for improving financial performance and efficiency.
• Participate in strategic financial planning.
• Cash Management:
• Monitor cash flow to ensure there is sufficient liquidity for day-to-day operations.
• Manage banking relationships, including credit lines and investment accounts.
• Audit and Internal Controls:
• Coordinate and support external audits.
• Implement and maintain internal controls to safeguard company assets and prevent fraud.
• Cost Management:
• Identify cost-saving opportunities and efficiency improvements.
• Analyze costs and recommend strategies to reduce expenses.
• Financial Software and Systems:
• Oversee the implementation and maintenance of financial software and systems.
• Ensure data accuracy and security.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field (Master's degree and relevant certifications, such as CPA, CMA, or CFA, may be preferred).
• Proven experience in accounting and finance, with a track record of progressively responsible roles.
• Strong knowledge of accounting principles and regulations.
• Excellent analytical and problem-solving skills.
• Proficiency in financial software and tools.
• Strong communication and leadership skills.
• Attention to detail and a high level of accuracy.
• Ability to work well under pressure and meet deadlines.

Monthly Salary Rs 50000/- to Rs 60000/-

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