Finance Officer

Job Title: Finance Officer Organization: Bootstrappers' Research Council (BRC) Location: Kattankulathur, Chennai Job Type: Full Time Reporting to: CEO, BRC No. of Positions: 01 Apply Here: https://tinyurl.com/SIIEC-BRC-Hiring Last Date: 12.05.2023 About us: SRM Innovation Incubation and Entrepreneurship Centre (SIIEC) is the innovation arm of SRM Institute of Science and Technology, which acts as an enabler for thought leaders and tech geeks who dare to challenge the status quo Bootstrappers' Research Council (BRC) - A section 8 company for Business Incubation. Job Description: Accounting and Finance Manager is responsible for managing the financial operations of the incubator, developing and implementing financial policies, managing accounting functions, developing and managing budgets, monitoring and reporting on financial performance, developing financial projections and forecasts, and ensuring compliance with financial regulations. They should have strong financial management skills, including experience in budgeting, forecasting, financial reporting, and compliance. They should also have experience in managing accounting functions, as well as a strong understanding of financial regulations and reporting requirements. • Manage financial operations: The Accounting and Finance Manager is responsible for managing all financial operations of the incubator, including budgeting, forecasting, financial reporting, and compliance. • Develop and implement financial policies: The Accounting and Finance Manager is responsible for developing and implementing financial policies that align with the incubator's goals and objectives. • Manage accounting functions: The Accounting and Finance Manager is responsible for managing all accounting functions of the incubator, including accounts payable, accounts receivable, payroll, and general ledger. • Develop and manage budgets: The Accounting and Finance Manager is responsible for developing and managing the incubator's budget, including identifying sources of funding, managing expenses, and ensuring that the incubator is financially sustainable. • Monitor and report on financial performance: The Accounting and Finance Manager is responsible for monitoring and reporting on the financial performance of the incubator, including tracking key metrics such as revenue, expenses, and cash flow. • Develop financial projections and forecasts: The Accounting and Finance Manager is responsible for developing financial projections and forecasts that support the incubator's strategic goals and objectives. • Ensure compliance with financial regulations: The Accounting and Finance Manager is responsible for ensuring that the incubator is in compliance with all financial regulations and reporting requirements. Eligibility Requirements • Education: A bachelor's degree in accounting, finance, business administration, or a related field is often required. A master's degree in accounting or finance may be preferred. • Experience: Candidates for an Accounting and Finance Manager role should have a proven track record of success in managing financial operations, budgeting, forecasting, and financial reporting, ideally in the startup ecosystem or technology industry. This may include experience in accounting, finance, or related fields. • Financial management skills: Candidates should have strong financial management skills, including experience in budgeting, forecasting, financial reporting, and compliance. They should also have experience in managing accounting functions, such as accounts payable, accounts receivable, and general ledger. • Analytical skills: The Accounting and Finance Manager should have strong analytical skills, including the ability to analyze financial data, identify trends, and make data-driven decisions. • Communication skills: The Accounting and Finance Manager should be an excellent communicator, able to communicate financial information to non-financial stakeholders in a clear and concise manner. • Attention to detail: Candidates should have strong attention to detail, including the ability to identify and correct errors in financial data and reports. • Collaboration skills: Candidates should have strong collaboration skills, including the ability to work effectively with cross-functional teams and stakeholders. • Knowledge of financial regulations: Candidates should have a strong understanding of financial regulations and reporting requirements, such as GAAP, IRS regulations, and SEC regulations. • Tally Remuneration: will be decided based on experience, network, and prospective value addition to the Centre. The initial appointment is for one year (probation period), which can be extended based on performance. The selected candidate will have to join within 15 days from the date of the offer