Senior Manager – Finance

Honeybeez Consultancy; Mumbai; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A financial consultancy in Mumbai seeks a Senior Finance Manager to oversee financial planning and analysis. The role involves leading budgeting processes, compliance, and risk management. The ideal candidate will have over 5 years of finance experience, with strong expertise in financial modeling and regulatory standards. The position offers an opportunity to drive strategic financial decisions and develop a high-performance team.

Qualifications

• 5+ years of experience in finance, with at least 3-5 years in a managerial or senior finance role.
• Proven track record of financial planning, reporting, and analysis.
• Strong understanding of accounting standards (GAAP, IFRS) and regulatory requirements.

Responsibilities

• Lead budgeting, forecasting, and long-term financial planning processes.
• Prepare and deliver regular financial reports to senior management.
• Optimize cash flow management and credit processes.
• Manage profit and loss, ensuring cost management and profitability.
• Ensure compliance with financial regulations and internal controls.

Skills

Financial modeling

Financial analysis

Budget management

Cash flow management

Cost control

Job description

Objective

The Senior Finance Manager will oversee financial planning, analysis, reporting, and operational management of the finance department. They will work closely with senior leadership to develop financial strategies that support business objectives, optimize financial performance, and ensure long-term financial sustainability.

Key Responsibilities

Financial Planning & Analysis (FP&A)

• Lead the annual budgeting, forecasting, and long‑term financial planning processes.
• Develop and maintain financial models to guide strategic decision‑making, analyze trends, and provide recommendations for business improvements.
• Prepare and deliver regular financial reports to senior management, highlighting key metrics and financial performance.
• Analyze financial performance against targets, highlighting variances and providing actionable insights to improve business outcomes.
• Partner with business leaders to support and guide budgeting, financial reporting, and performance management.

Financial Reporting

• Oversee the preparation and review of monthly, quarterly, and annual financial statements in compliance with local accounting standards (GAAP or IFRS).
• Ensure accurate and timely reporting of financial performance, including P&L statements, balance sheets, and cash flow reports.
• Work with auditors to ensure compliance with financial reporting requirements and internal control standards.
• Develop and implement improved financial reporting processes to enhance efficiency and accuracy.

Cash Flow & Treasury Management

• Oversee cash management, liquidity planning, and cash forecasting to ensure the organization’s financial health.
• Optimize cash flow management, working capital, and credit management processes to ensure sufficient liquidity for operations and strategic investments.
• Collaborate with senior management to evaluate funding strategies and capital structure options.

Cost Management & Profitability Analysis

• Analyze cost structures and identify areas of improvement in cost efficiency and operational effectiveness.
• Manage profit and loss, ensuring effective cost management and profitability of business operations.
• Support various departments with cost tracking and identifying opportunities for cost‑saving initiatives without sacrificing quality or operational efficiency.

Strategic Financial Leadership

• Act as a key financial advisor to the leadership team by providing insights into financial performance and guiding strategic decisions.
• Work with leadership to evaluate and support business investments, capital expenditures, and long‑term financial goals.
• Develop financial strategies and models to support business growth initiatives, including mergers, acquisitions, or other strategic investments.
• Provide strategic input on key business decisions, ensuring they align with the company’s financial goals.

Compliance & Risk Management

• Oversee compliance with financial regulations, internal controls, and accounting standards.
• Ensure financial statements are compliant with tax regulations and statutory requirements.
• Identify potential financial risks and recommend strategies to mitigate those risks.
• Collaborate with legal and compliance teams to ensure adherence to corporate governance and regulatory requirements.

Team Leadership & Development

• Lead, mentor, and develop a team of finance professionals, promoting a culture of excellence, collaboration, and continuous improvement.
• Foster a high‑performance team environment by providing coaching, feedback, and opportunities for professional development.
• Build strong relationships with internal stakeholders to understand their financial needs and provide solutions that support business objectives.

Business Partnering

• Act as a key business partner to various departments (sales, operations, HR) to support decision‑making with financial insights and analysis.
• Provide financial training and support to non‑financial managers to improve their financial literacy and ability to drive profitability within their departments.
• Work closely with cross‑functional teams to assess the financial implications of strategic initiatives and business operations.

Qualifications

Experience

• 5+ years of experience in finance, with at least 3‑5 years in a managerial or senior finance role.
• Proven track record of financial planning, reporting, and analysis, with a strong understanding of financial modeling and forecasting techniques.
• Experience in managing financial operations, including cash flow management, cost control, and budget management.
• Experience in implementing financial systems and improving financial processes.
• Solid understanding of accounting standards (GAAP, IFRS) and regulatory requirements.
• Strong experience in leading audits and collaborating with external auditors.