Finance Operations Lead

Larsen & Toubro; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Larsen & Toubro in Bengaluru, India, seeks a seasoned finance professional to lead budgeting, financial accounting and cash flow management across multiple business units and projects, ensuring adherence to policies and timelines.

The role includes ERP-guided accounting, building internal controls, liaising with auditors and tax teams, managing GST and tax assessments, reviewing P&L and balance sheet schedules for sound decision making, and ensuring timely quarterly and annual closures while

Responsibilities

• Facilitate preparation of annual budgets, review and adhere to the budgets for each business/department/project
• Ensure financial accounting and cash flow management through ERP– guide and facilitate financial accounting for development and maintenance of systems, build internal control and checks, resolve accounting related issues, compliance with accounting policies and standards, liaisioning with internal and external auditors, coordinate with corporate accounts & taxation teams, monitor cash-flows, conductperiodic reviews for a timely closure of quality & error free quarterly and annual accounts, timely releaseof Performance reports
• Analyse the schedules relating to Profit & Loss Account and Balance sheet for suitable decision making and correct reporting
• Monthly reporting of performance parameters to the management to review the financial soundness, periodic analysis of financial ratios and appropriate interventions for improvements wherever required
• Dealing with GST / Tax Authorities for proper tax assessments, dealing with clients to ensure contractual obligations, negotiation with clients / vendors for commercial terms, negotiations with bankers for financing
• People Development - To develop a strong Finance, Accounts & Administration team to support and grow business

Job description

Facilitate preparation of annual budgets, review and adhere to the budgets for each business/department/project

Ensure financial accounting and cash flow management through ERP– guide and facilitate financial accounting for development and maintenance of systems, build internal control and checks, resolve accounting related issues, compliance with accounting policies and standards, liasoning with internal and external auditors, coordinate with corporate accounts & taxation teams, monitor cash-flows, conductperiodic reviews for a timely closure of quality & error free quarterly and annual accounts, timely releaseof Performance reports

Analyse the schedules relating to Profit & Loss Account and Balance sheet for suitable decision making and correct reporting

Monthly reporting of performance parameters to the management to review the financial soundness, periodic analysis of financial ratios and appropriate interventions for improvements wherever required

Dealing with GST / Tax Authorities for proper tax assessments, dealing with clients to ensure contractual obligations, negotiation with clients / vendors for commercial terms, negotiations with bankers for financing

People Development - To develop a strong Finance, Accounts & Administration team to support and grow business