Manager

Job Description

Financial Planning and Analysis:

1. Develop and Implement Financial Strategies, Plans, Budgets and Forecast.
2. Analyze accuracy in Financial Projections
3. Manage Working Capital effectively and optimize cash flow
4. Cost reduction and profitability improvement
5. Identify financial risks and develop risk strategies
6. Handle periods of underperformance in a fund management
7. Handle situations where profitability reports reveal potential areas of improvement or cost-cutting measures

Subsidiary Management

1. Strategic Plans for each subsidiary to increase profitability
2. Day-to-day operations of the subsidiary companies
3. Ensure that all subsidiary activities are conducted in compliance with legal and regulatory requirements.
4. Maintain regular communication with subsidiary auditors/Accountants

Banking

1. Monitor cash reserves and coordinate with bank to optimize liquidity
2. Handle currency exchange and international payment issues related to imports & Exports
3. Strategies to enhance reserves and proper utilization of funds

Analytics

1. Analyze financial data and identify cost-saving and revenue- improving measures
2. measure and analyze the return on investment (ROI)
3. Cost Allocation in Profitability reporting, especially in cases where shared resources impact multiple department revenues
4. Reporting using ERP tools like, Zoho and Tally
5. Financial reporting duties include preparing financial statements, balance sheets, cash flow reports, and budgets, budget-to-actuals and financial projections.

Business Units:

1. Prepare Business Plan projections based on pipeline from the BU’s
2. Collaborate with BU’s to create business plans for new projects or New investments
3. Productivity and People Management to improve business Profitability
4. Cost control, Product Margin, Cost reduction, pricing strategies.
5. Recommend improvements to enhance the quality and accuracy of projections
6. Corporate expense allocation plans to Business Units.
7. Assist management in driving monthly business reviews and provide data for the analysis.

Statutory and Compliance:

1. FLA and APR filings
2. Subsidiary Tax filings
3. Balance Sheet Analysis
4. Adhering to all compliances including timely reply to IT and GST notices.
5. Review and recommend modifications to according to systems and procedures

Accounts Receivable:

1. Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition.
2. Perform cash management functions and oversee accounts payable, accounts receivable