Experience (years):
11 to 16 years of experience.
Location:
Mumbai (Airoli) and Bangalore
Working Hours:
8.5 hours / day (APAC Shift)
Role Summary:
The Finance & Accounting Manager is responsible for overseeing the financial operations of the organization, ensuring accurate reporting, compliance with regulatory standards, and effective financial planning
Essential:
- Strong knowledge of accounting principles (GAAP, IFRS), general ledger management, and month-end/year-end closing processes
- Strong attention to detail, organised and results orientated
- Good working knowledge of Finance processes
- Excellent verbal and written communication skills
- Exposure to SAP Finance & relevant modules
- RTR process re-engineering and project management skills
- Good working knowledge of Microsoft office
Overall Project/Task description
- Manage routine accounting activities including AP, AR and RTR
- Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
- Supervise GL entries, reconciliations, and ensure accuracy of financial data
- Ensure timely processing of vendor payments and customer collections
- Oversee accounting for inventory, fixed assets, and depreciation
- Strong hands-on experience in SAP PS (Project System) and integration with FI (Finance) and CO (Controlling) modules
- Knowledge of settlements (CJ88) from projects to cost centers, assets, or profitability segments.
- Experience with internal orders, cost centers, and profit centers in SAP CO.
- Work with revenue recognition methods in SAP (percentage of completion, completed contract)
- Ensure adherence to financial regulations, tax laws, and internal policies
- Act as a financial advisor to operations, providing insights and recommendations
- Prepare customized financial reports for internal stakeholders, including department heads and senior management
- Prepare and support internal and external audits, ensuring timely responses and documentation
- Establish and monitor internal controls to safeguard company assets and ensure data integrity
- Identify inefficiencies and lead automation
- Manage and mentor finance staff, fostering a culture of accountability and continuous improvement
- Act as a financial advisor to operations, providing insights and recommendations
- Assist in tracking and reporting financial aspects of environmental, social, and governance initiatives
- Establish clear performance metrics for finance processes (e.g., invoice processing time, reconciliation accuracy)
- Track adherence to agreed service levels across finance functions like AP, AR, GL, and reporting
- Regularly analyze KPI dashboards to assess team performance and process efficiency
- Define clear, measurable goals aligned with business and finance objectives for each team member
- Lead structured performance review discussions with team members, providing feedback on achievements and development areas
- Manage transitions of finance processes to shared services or new platforms, ensuring minimal disruption
- Drive change initiatives, communicate effectively with stakeholders, and manage resistance
- Act as a liaison between finance and other departments to ensure smooth execution of initiatives or implementation
Education:
Preferred Bachelor’s Degree/M.Com/ MBA / Cost Accountant