Finance Manager Job in Kollam

Kollam, Kerala Full Time Date: 10 April 2024

Job description

Financial Planning and Analysis: Develop and implement financial plans, budgets, forecasts, and projections to support strategic decision-making and achieve organizational goals. Financial Reporting: Prepare and analyze financial reports, including income statements, balance sheets, cash flow statements, and variance analyses, ensuring accuracy, completeness, and compliance with regulatory requirements and accounting standards. Budget Management: Manage budgeting processes, monitor actual performance against budgeted targets, and identify variances, trends, and opportunities for cost optimization or revenue enhancement. Financial Control: Establish and enforce financial controls, policies, and procedures to safeguard assets, prevent fraud, and ensure compliance with regulatory requirements and internal guidelines. Cash Flow Management: Manage cash flow and liquidity by forecasting cash needs, monitoring cash balances, and optimizing cash management strategies such as investment, borrowing, and working capital management. Financial Risk Management: Identify, assess, and mitigate financial risks, including market risk, credit risk, liquidity risk, and operational risk, implementing risk management strategies to protect the organization's financial interests. Financial Modeling: Develop financial models and scenarios to evaluate business performance, assess investment opportunities, and support strategic planning and decision-making processes. Strategic Financial Planning: Provide financial insights and recommendations to senior management and stakeholders, contributing to strategic planning, business development, and investment decisions. Tax Planning and Compliance: Ensure compliance with tax laws and regulations, manage tax planning strategies, and coordinate tax filings and reporting, minimizing tax liabilities while maintaining compliance with legal requirements. Audit Coordination: Coordinate internal and external audits, providing support and documentation as needed, addressing audit findings, and implementing corrective actions to strengthen internal controls and financial processes. Stakeholder Communication: Communicate financial performance, trends, and forecasts effectively to stakeholders, including senior management, board of directors, investors, and regulatory authorities, providing insights and recommendations to support decision-making. Team Leadership and Development: Lead and develop a team of finance professionals, providing guidance, coaching, and performance feedback, fostering a culture of accountability, collaboration, and continuous improvement. Financial Compliance: Ensure compliance with financial regulations, accounting standards (e.g., GAAP or IFRS), and internal policies, staying updated on changes and developments in financial reporting and regulatory requirements. Negotiation and Relationship Management: Negotiate financial agreements, contracts, and vendor relationships, maintaining positive relationships with financial partners, lenders, suppliers, and other stakeholders to support business objectives. Continuous Learning and Professional Development: Stay updated on advancements in finance and accounting practices, industry trends, and regulatory changes through ongoing education, training, and professional development activities.