Manager - F&C, UPBG

Voltas Limited - A TATA Enterprise; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Voltas Limited - A TATA Enterprise in Mumbai seeks a seasoned finance professional to manage month-end close, forecasting and budgeting cycles. You will coordinate accruals, provisions, and journal entries with the accounting team, ensure timely book closure, and support audits and corporate reporting.

The role involves FP&A, cash flow and working capital MIS, and interaction with cross-functional teams to monitor KPIs and drive performance improvements.

Qualifications

• Experience in monthly, quarterly and annual book closure.
• Proficient in recording accruals, provisions, reclassifications and journal entries.
• Strong variance analysis across actuals, budgets, forecasts and prior periods.

Responsibilities

• Drive internal and statutory audits related to financial reporting.
• Maintain audit trails and documentation for reported numbers.
• Prepare monthly MIS statements including cash flow and working capital.
• Prepare audit schedules and corporate reporting formats for quarterly and annual statutory audits.
• Balance Sheet GL scrutiny and review of schedules.
• Prepare tax audit schedules and assist income tax/GST assessments.

Job description

• Drive and support monthly, quarterly, and annual book closure activities.
• Pass monthly accruals, provisions, reclassifications, and journal entries in coordination with the accounting team.
• Coordinate with the Accounting team to ensure timely recording of accruals, provisions, and journal entries.
• Ensure timely completion of book closure in line with corporate timelines.
• Perform variance analysis between actuals, budget, forecast, and prior periods
• Ensure compliance with accounting policies and internal controls.

Book Close Management

• Drive and support monthly, quarterly, and annual book closure activities.
• Pass monthly accruals, provisions, reclassifications, and journal entries in coordination with the accounting team.
• Coordinate with the Accounting team to ensure timely recording of accruals, provisions, and journal entries.
• Ensure timely completion of book closure in line with corporate timelines.
• Perform variance analysis between actuals, budget, forecast, and prior periods
• Ensure compliance with accounting policies and internal controls.

Audit & Compliance Support

• Drive internal and statutory audits related to financial reporting.
• Maintain audit trails and documentation for reported numbers.
• Ensure compliance with internal financial policies and governance requirements.

FP&A and Reporting

• Preparation of monthly MIS statements - Cash flow and Working Capital.
• Preparation of Audit schedules & corporate reporting formats for quarterly and Yearly statutory Audits.
• Balance Sheet GL Scrutiny and review of schedules.
• Preparation of Tax audit schedules and formats as per corporate requirements
• Submission of data details to corporate for Income Tax assessments & GST / Sales Tax assessments.
• Support preparation of Board, CFO, and management review presentations.
• Monitor key KPIs and provide recommendations for performance improvement.

Forecasting and Budgeting

• Assist in monthly forecasting and annual budgeting exercises.
• Prepare and circulate periodic MIS reports and dashboards.
• Support ad hoc financial analysis and management queries.

Stakeholder Management

• Partner with Accounting, Commercial, Supply Chain, Operations, and Business teams.
• Act as the key finance contact during period-end close activities.