Financial Operations Manager

Position : Deputy Manager – FMR

Grade : E1

Location : Chennai

Shift : 1 : 30 PM to 10 : 30 PM

Job Summary :

The Deputy Manager– FMR (RTR) is responsible for a collection of processes between recording financial transactions and the publication of financial reports. The candidate should Graduate / Postgraduate in commerce / accountancy (or) CA / CMA Inter Qualified with 10-14 years in Finance and Accounts domain from Manufacturing (or) Captive / Third-Party Services (or) ITeS industries. S / he is responsible of providing both strategic, financial and operational feedback on business performance as well as financial statements that are compliant with local accounting standards. Responsibilities include posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statements, supporting month end closing, preparing various reports as required and supporting audits.

Job Description :

• Responsible for monthly book closure, preparation and posting of Journal entries, financial reporting and reconciliations
• Application of the entity’s accounting policies to each non-routine event or transaction is independently reviewed for appropriateness and ensures any exceptions are highlighted to business on an immediate basis
• Unusual items and exceptions are investigated and properly resolved / recorded in the general ledger in the appropriate accounting period
• Managing the Financial and Management Reporting (RTR) processes and ensuring the service level agreements are met as per the timeline and accuracy
• Overall responsibilities include :
• Inventory accounting (movements and reconciliation with physical stock)
• Mark-to-Market / Fair Value accounting
• Month-end processing (period close)
• Trial balance, PNL and balance sheet review
• Management Reporting
• Inter-company reconciliations
• Account reconciliations (GL to sub-ledger)
• Budgeting and Forecasting
• Ensure that the roles and responsibilities in the month closing and reporting process (including a required understanding of the entity’s operations and appropriate accounting knowledge) are clearly defined, documented, updated, and communicated to counterparts on a timely basis
• Ensure that financial statements of the Entity / BU handled adhere to accounting policies defined by the Corporate and any changes thereof from time to time and any exceptions identified are clearly highlighted to onsite teams
• Responsible for balance sheet reconciliations and making necessary journal entries / corrections to address reconciling items.

Profile Description :