Senior Finance Manager – IT

XHire.One; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading finance solutions provider in Bengaluru is seeking a skilled finance professional to manage financial reporting, budgeting, and team leadership. The ideal candidate has over 5 years of experience in financial analysis and a strong understanding of financial regulations. The role involves preparing financial reports, overseeing annual plans, and leading a dynamic team. This position offers opportunities for professional growth in a collaborative environment.

Qualifications

• 5+ years of experience in financial analysis and reporting.
• Strong understanding of financial regulations and compliance.
• Proven experience in budgeting and forecasting processes.

Responsibilities

• Prepare and analyze monthly financial reports.
• Engage with department heads to oversee annual operating plans.
• Lead a motivated Finance and Accounts team.

Skills

Financial analysis

Understanding of IND AS

Team leadership

Communication skills

Job description

Financial Analysis & Reporting

• Prepare and analyze monthly financial reports, inclusive of the deferred revenue schedule.
• Collaborate with the business finance partner to address investor reporting requirements.
• Ensure adherence to IND AS and regulatory mandates.
• Offer insights into financial performance, encompassing analysis of Month-on-month variances.
• Provide support for the month/year-end closure process – insights on actual vs budgeted financial performance.

Budgeting and Forecasting

• Engage with department heads to create and oversee annual operating plans.
• Coordinate with Sales and Account Receivables teams to forecast cash flows.
• Conduct monthly review meetings with department heads to optimize spending.

Internal Controls, Finance Automation and Audit

• Develop and document business processes and accounting policies to strengthen internal controls.
• Monitor and enforce adherence to financial policies and standard operating procedures.
• Work on Automation projects to automate finance operations including Accounts Payable, Financial reporting and MIS.
• Coordinating with internal & statutory auditors for conducting audits; evaluating internal control systems to highlight shortcomings and implementing necessary recommendations, process and Systems.

Team Leadership

• Lead a high-performance and highly motivated Finance and Accounts team.
• Cultivate a collaborative and results-driven team environment through frequent upskilling activities.