Finance Executive

• Full Time
• Bangalore, Karnataka
• Posted: September 3, 2023

We are looking to speak with competent candidates who hold either a CA or an MBA for the position of Finance Manager situated in Bengaluru, to ensure the smooth running of the business on a daily basis, you will be responsible for managing the finances, budgeting and forecasting, compliances, and financial analysis and planning.

Roles & Responsibilities :

1. Financial Accounting and Analysis –
• Ensure the company’s books of account are always accurate and up-to-date.
• Preparation of monthly and yearly financial statements, management information systems, and board reports.
• Assist in establishing company objectives and implementing prompt corrective measures

2. Compliances
• Coordinating with multiple experts and ensuring that all labour and commercial compliance regulations are constantly met.
• Compliance pertaining to certain events, such as fundraising, is handled
• All ROC and RBI filings are performed as and when informed

3. Budgeting
• Assist in the formulation of the organization’s budget – Liaison with departments on monthly budget and consumption; provide variance analysis
• Provide management with a report on deviations from the approved budget and the reasons for such deviations

4. Audit and Due-diligences
• Own up and close audits, both regulatory and internal.
• Conduct your own due diligence when necessary by investors or prospective investors

5. Process Management
• Keep a set of accounting policies and procedures documented.
• Manage contracted-out functions

6. Management of Funds
• Ensure adequate funds are available to satisfy ongoing operating and capital expenditure needs
• Maintain banking connections.
• Revenue assurance and Receivables management
• Ensuring that all invoices are issued and revenue is recorded on schedule.
• All GST and TDS compliance matters, including reconciliations, are handled.
• Collections management and relationship maintenance with debtors

7. Daily Operations
• Manage and oversee the department’s daily activities.
• Examine ledgers and coordinate book close efforts with the team.
• Monitoring and analysing accounting data and timely preparation of financial statements and management information systems

Skills Required :
• Relevant educational background with 2 to 5 years of experience.
• Individuals with entrepreneurial or industry experience are preferred..
• Excellent communication skills are required, especially for presenting analysis results to management, team management, and multitasking

Role: Finance Manager
Industry Type: Electric Mobility
Employment Type: Full Time, Permanent