Assistant Manager - Finance
Experience : 7-8 years
Location : Chennai
JOB SUMMARY :
We are seeking a highly skilled and experienced Assistant Manager - Finance to oversee financial operations, ensure compliance, and drive efficiency in financial processes. The ideal candidate will be proactive, detail-oriented, and possess strong leadership capabilities to manage the team Develop, review, and ensure compliance with financial policies and procedures
- Manage and monitor the functions of the finance (Accounts Receivable) team
- Maintain accurate financial records and ensure all transactions are properly documented and approved
- Ensure timely processing and dispatch of customer invoices and intercompany invoices
- Obtain periodic confirmations of balances from debtors to maintain financial accuracy
- Oversee monthly book closures and ensure timely submission of financial reports
- Supervise annual audits and ensure timely completion
- Ensure statutory compliance and timely filing of necessary financial returns
- Communicate potential statutory non-compliance issues to management
- Maintain adequate bank balances to meet financial obligations and ensure timely payments
- Follow up on receivables and escalate collection delays to relevant stakeholders
- Manage forex transactions and ensure compliance with forward contracts
- Optimize surplus funds by deploying them in profitable investment opportunities
- Establish and maintain strong relationships with bankers and financial institutions to secure the best financial deals
- Prepare and present weekly reports and ad hoc financial summaries as required
- Identify process risks and collaborate with leadership to implement corrective measures
Job Proven experience in financial operations, audits, and compliance management
Strong understanding of Accounts Receivable processes and financial reportingExpertise in regulatory compliance and statutory filingsAbility to manage financial transactions, ensure documentation accuracy, and maintain governance frameworksExperience in financial planning, revenue forecasting, and investment strategyExcellent stakeholder management and problem-solving 7+ years of relevant experienceBachelors or Masters degree in Finance, Accounting, or a related fieldProfessional certification in financial management or accounting is preferredStrong leadership acumen with a track record of managing finance teams effectively(ref : iimjobs.com)