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Senior Manager Financial Controller BFSI

  • 10-18 yrs
  • Not Disclosed

Job Description

Senior Manager Financial Controller

AP AR Taxation

BFSI Insurance Reinsurance

Location Mumbai

Team Size 2 Direct reportees

Role

Governance and cost control through financial budgeting, reporting and all financial compliance related activities for the Company

To keep the management team abreast of the organization’s financial health

Safeguard the interests of the organization by ensuring accurate and timely delivery on reports, returns and records

Analysis and application of changes to accounting standards, group policies, corporate & taxation laws.

Accountabilities

Statutory Management Reporting

Review and manage all financial reporting activities for the Management team of the Company to ensure accurate and timely reporting of financial statements, accounts, business transactions and related submissions.

Ensure adherence to Accounting Standards in India as well as Group Accounting policy.

Responsible for asset control management for the Company owned assets

Taxation

Ensure accurate and timely tax computations, payments, returns and related submissions and maintain reports of the same

Be abreast of all new changes in taxation rules and keep management group tax informed for major changes and its application.

Budgeting & forecasting

Manage the annual budget preparation exercise for the Company by ensuring regular management discussions on functional budgets, costs and spends, timely and accurate budget preparation and submission of the same to company for monthly review and controls

Ensure a strict cost control through timely, month on month budgetary reporting on the Company's performance against budget to help the management take decisions

Compliances

Ensure timely and accurate submissions for all compliances i.e. secretarial, IRDA, RBI, VAT and others

Responsible for managing and completing internal & external audit in time with no significant issues.

Team Management

To build knowledge within team and Subject Matter experts in the areas of accounts, taxation and compliance.

Will be responsible for keeping the team motivated and promote team towards excellence in their own spheres of work

Identify skill gaps in team for current and future requirements, create plans for skill and competency development and implement and monitor development plans for increased team capability

Client Relation

Maintain healthy relation with all stakeholders to ensure a continuous flow of information and speedy resolutions

Others

To assist in the vendor selection process with relevant team. Ensure timely vendor payment and invoice collections

Manage cash flows for the Company for optimal cash management

Manage forex payments receipts with best exchange

Education Graduate in any stream with CA

Work Qualifications

Desirable IFRS Accounting Standards Experience Essential

10 years (Minimum) of experience in the areas of financial controlling, accounting, taxation and budgeting in a global multi geography organization

Knowledge Essential Should have good working knowledge of accounting standards, companies act, direct & indirect taxation

Skills & Abilities Essential Analytical Abilities Good written and oral communication skills Negotiation skills Team Management skills