Assistant Manager – Finance

Department Icon Accounting & Finance
Posted: 1 year ago
8-10 years
Chennai, Tamil Nadu
Accounting & Finance
Work from Office
Full Time

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

JOB SUMMARY

We are seeking a highly skilled and experienced Assistant Manager - Finance to oversee financial operations, ensure compliance, and drive efficiency in financial processes. The ideal candidate will be proactive, detail-oriented, and possess strong leadership capabilities to manage the team effectively.

Key Responsibilities:
  • Develop, review, and ensure compliance with financial policies and procedures

  • Manage and monitor the functions of the finance (Accounts Receivable) team

  • Maintain accurate financial records and ensure all transactions are properly documented and approved

  • Ensure timely processing and dispatch of customer invoices and intercompany invoices

  • Obtain periodic confirmations of balances from debtors to maintain financial accuracy

  • Oversee monthly book closures and ensure timely submission of financial reports

  • Supervise annual audits and ensure timely completion

  • Ensure statutory compliance and timely filing of necessary financial returns

  • Communicate potential statutory non-compliance issues to management

  • Maintain adequate bank balances to meet financial obligations and ensure timely payments

  • Follow up on receivables and escalate collection delays to relevant stakeholders

  • Manage forex transactions and ensure compliance with forward contracts

  • Optimize surplus funds by deploying them in profitable investment opportunities

  • Establish and maintain strong relationships with bankers and financial institutions to secure the best financial deals

  • Prepare and present weekly reports and ad hoc financial summaries as required

  • Identify process risks and collaborate with leadership to implement corrective measures

Job requirements:
  • Proven experience in financial operations, audits, and compliance management

  • Strong understanding of Accounts Receivable processes and financial reporting

  • Expertise in regulatory compliance and statutory filings

  • Ability to manage financial transactions, ensure documentation accuracy, and maintain governance frameworks

  • Experience in financial planning, revenue forecasting, and investment strategy

  • Excellent stakeholder management and problem-solving abilities

Qualifications:
  • 8+ years of relevant experience

  • Bachelors or Masters degree in Finance, Accounting, or a related field

  • Professional certification in financial management or accounting is preferred

  • Strong leadership acumen with a track record of managing finance teams effectively

Skills

AccountingAccountsStatutory ComplianceAccounts ReceivableDebtorsCompliance ManagementFinancial OperationsReturnsTransactionsFinance

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