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Finance Manager

Finance Manager

CollinsonIndia
18 days ago
Job description

Day to Day operations :

Oversee day-to-day financial operations that deliver all aspects of accounting from financial statements preparation. Financial control, Working capital management, Petty cash management. Invoicing, debtor and creditor management Corporate Governance and financial reporting :

Regular updates on financial position. Periodic reporting and ad-hoc reports essential for business. Responsible for preparing Monthly Reporting pack for UK head office. Responsible for all aspects of financial accounting, statutory reporting and administrative matters. Complete management of the accounting system for India operations. Hence fluency in India laws is vital. Taxation

Manage and oversee the filing of regular tax returns, including income tax, GST and other direct or indirect taxes. Conduct a thorough analysis of taxes to provide expert advice on tax planning and optimisation opportunities to ensure compliance with local regulations. Coordinate and manage tax audits, inquiries and notices from tax authorities. Provide guidance and support to internal stakeholders on financial issues, including tax implications of business decisions and transactions. Audit and control :

Review internal processes and propose control measures and improvements in processes. Maintain Costing records followed by providing costing information to the Management for guidance. Introducing cost control methods and proper pricing / charge out rates. Manage annual statutory audit and relationship with external auditors. Liaison :

Maintain contact and liaise with bankers, pension advisors, auditors and stakeholders in the UK and other offices of Collinson Group. Ensure long term financial security and stability of Collinson India. Management :

Staff management, oversight and development

Role Overview : Provide a full financial and management accounting service to Collinson India. 1. Strategic

  • Ensure that an appropriate financial policy framework is in place to guide Collinson India’s financial decision-making and development particularly in relation to reserves, expense and granting ratios and income streams.
  • Work closely with the Leadership Team as part of a mutually supportive senior management team, advising them on the likely financial consequences of all proposed courses of action.
  • Maintain contact and liaise with bankers, pension advisors and auditors to ensure the long term financial security and stability of Collinson India.
  • Contribute as an effective member of the Fin-Ops Team
  • Participate in meetings of departmental heads as necessary
  • Be prepared to act as a member of project management teams as necessary
  • Liaise with UK head office and all other office of Collinson Group

2. Financial

  • Ensure the production of accurate monthly management accounts in line with UK head office reporting requirements
  • Provide accounting services for use by managers in planning and controlling the work of UK including financial accounting, management accounting, forecasting, and budgeting and control systems.
  • Ensure that outstanding Debtor amounts are collected on timely basis.
  • Monitor cash position daily and ensure creditors’ terms are meet.
  • Provide input to the finance business partners to produce rolling cash flow forecasts
  • Work closely with operation teams to ensure operation related issues are reconciled in the system Liaise with the Global Financial Shared Services Centre Manage the full range of R2R, P2P and O2C activities
  • Evaluate the tax liability impact of contemplated courses of action, minimise the tax burden and deal with tax authorities.
  • Prepare the statutory annual accounts in line with applicable accounting standards and oversee the financial audit.
  • Undertake such other financial analysis and reporting as requested by the country head.
  • Advise the Leadership Team on major financial issues as they arise
  • 3. Accounting Manage and maintain the financial accounting systems of Collinson India Ensure maintenance records to meet external legal and tax requirements.

  • Ensure that an appropriate financial policy framework is in place to guide financial decision-making and development particularly in relation to reserves, expense ratios and income streams.
  • Manage and maintain fixed asset and depreciation records Produce ad hoc monthly financial reports as required.
  • Ensure compliance with all applicable accounting standards, adherence to Group accounting policies, procedures and systems, and other financial reporting requirements
  • 4. Management Oversee finance team within the Capabilities area Appraise, motivate and develop staff

    5. Person Specification Hands-on, finance leader who can bring past experience to the benefit of the Group.Comfortable working for a private, entrepreneurial company in a fast-paced environment. Resilient and determined with a desire to make a positive impact and shape a team.

    Knowledge, skills and experience required An experienced finance professional who has worked in an entrepreneurial / rapidly growing environment and can bring experience of best practice gained in a number of organisations, ideally some with a matrix management framework. Professional qualification of Chartered Accountant (CA) Minimum of 7-8 years of experience in similar role in MNC. Audit experience from Big4 in senior associate (audit team lead) or higher position Strong management and leadership skills. Good understanding of management and statutory reporting Able to achieve results through influencing and networking Ability to work under pressure and meet tight deadlines. Willing to ‘roll up the sleeves’ to get things done and get into the detail if required Ability to drive initiatives through to conclusion Demonstrable experience of coaching and developing staff, with a genuine interest in career development Understanding of legal contracts, compliances experience desirable.

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