26 Oct 2024
UiFO
Finance Manager, 2 to 4 years in Mumbai
Essar
Mumbai
3-4 Years
Cost Accounting, financial reporting, Vendor Payments, Compliance, financial accountig, Financial Planning and Analysis, Variance Analysis, Due Diligence, Risk Managment, Auditing
Job Description
Position: Finance Manager
Qualification: B.com,CA
Experience: 2 to 4 years
Location: Mumbai
Job description
Qualification: B.com,CA
Experience: 2 to 4 years
Location: Mumbai
Job description
Key Responsibilities:
- Financial Record Maintenance:
- Prepare, examine, and analyse financial records to ensure accuracy and compliance with regulations.
- Maintain the general ledger, ensuring all transactions are recorded accurately and timely.
- Accounts Payable
- Manage the accounts payable process, including invoice processing, vendor payments, and reconciliation.
- Manage end to end creator payouts
- Manage vendor payouts (Subscriptions, Servers, Other parties)
- Ensure timely and accurate payments to external vendors, including verifying invoices against
- purchase orders and agreements.
- Oversee accounts receivable, including billing, collections, and aging reports to ensure timely payments.
- Accounts Receivable
- Coordinate with the Brands to get the payments.
- Raise invoices
- Follow up on payments
- Employee Salary Processing:
- Process payroll accurately and on time, including calculating salaries, bonuses, and deductions.
- Ensure compliance with labor laws and regulations, including tax with holdings and benefits deductions.
- Maintain payroll records and provide necessary documentation for audits.
- Address employee inquiries related to payroll, benefits, and deductions.
- Financial Reporting:
- Assist in the preparation of monthly, quarterly, and annual financial statements.
- Prepare and analyze monthly financial reports, identifying variances and trends.
- Budgeting and Forecasting:
- Support the budgeting process by gathering data, preparing budget reports, and providing variance analysis.
- Assist in financial forecasting and modeling for departmental budgets.
- Audit Support:
- Prepare for and assist with internal and external audits, providing necessary documentation and explanations.
- Implement recommendations from audits to improve financial processes and controls.
- Compliance and Risk Management:
- Ensure compliance with local, state, and federal regulations and standards.
- Monitor financial transactions for potential risks and implement appropriate controls.
- Finance Controller across Verticals
- Making sure different teams stick within the budgets aligned
- Bringing it to the leadership teams to notice if budgets have been overspent.
- Making sure that the errors are not repeated
- Keeping a strict check on all spends across org.
- The candidate will be responsible to manage everything finance end to end for any new pilot
- venture under LehLah.
- Team Collaboration:
- Collaborate with cross-functional teams to support business operations and provide financial insights.
- Train and mentor junior staff in accounting practices and company policies.
- Due - Diligence
- Make sure all payouts happen efficiently and accurately
- Tracking all ends and making sure that there are no discrepancies
Qualifications:
- Bachelors degree in Accounting, Finance, or related field.
- 2+ years of experience in an accounting or finance role.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Office Suite, particularly Excel.
- Strong understanding of accounting principles and practices (GAAP/IFRS).
- Excellent analytical, problem-solving, and organizational skills.
- Strong attention to detail and ability to manage multiple tasks under tight deadlines.
- Exceptional communication skills, both written and verbal.
- Professional certification (e.g., CPA, CMA) is a plus.