Finance Manager Job in Kannur

Kannur, Kerala Full Time Date: 12 June 2024

Job description

Financial Planning and Analysis (FP&A): Develop and manage financial planning processes, including budgeting, forecasting, and long-term financial modeling. Analyze financial data to provide insights and recommendations to senior management for strategic decision-making. Financial Reporting: Prepare accurate and timely financial reports, including monthly, quarterly, and annual statements, in compliance with regulatory requirements and accounting standards. Communicate financial performance and results to stakeholders, including executives, investors, and board members. Financial Control and Compliance: Establish and maintain internal controls to safeguard company assets, ensure compliance with regulatory requirements, and prevent fraud or financial mismanagement. Conduct periodic audits and reviews to monitor compliance and identify areas for improvement. Cash Flow Management: Manage cash flow effectively to meet short-term and long-term financial obligations. Monitor cash balances, forecast cash needs, and implement strategies to optimize cash flow, including cash management techniques, working capital management, and capital expenditure planning. Risk Management: Identify, assess, and mitigate financial risks that may impact the organization's financial performance or stability. Develop risk management strategies, such as hedging, insurance, or diversification, to protect against market volatility, credit risk, and other financial uncertainties. Investment Management: Evaluate investment opportunities, including capital expenditures, acquisitions, and divestitures, to maximize returns and minimize risks. Conduct financial analysis, due diligence, and feasibility studies to assess the potential impact on the organization's financial position and growth prospects. Tax Planning and Compliance: Develop tax strategies to optimize the organization's tax position and minimize tax liabilities while ensuring compliance with tax laws and regulations. Work with external tax advisors and authorities to manage tax reporting, filings, and audits effectively. Treasury Management: Manage treasury functions, including cash management, liquidity management, and capital structure optimization. Develop financing strategies, such as debt financing or equity financing, to fund operations, investments, and growth initiatives. Financial Systems and Technology: Oversee the implementation and maintenance of financial systems, tools, and technologies to support efficient and effective financial operations. Leverage automation, data analytics, and business intelligence tools to enhance financial reporting, analysis, and decision-making processes. Team Leadership and Development: Lead and mentor a team of finance professionals, including financial analysts, accountants, and treasury specialists, to achieve departmental goals and objectives. Provide guidance, support, and professional development opportunities to build a high-performing finance team.