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Job Description
Location : Mumbai ( Virle Parle)
Mode of Working : 5 Days From Office
Role Summary
The Finance Manager will be responsible for overseeing end-to-end finance, accounts, audit, budgeting, and treasury functions, with a strong focus on Forex & Remittance operations. The role supports strategic decision-making through financial insights, ensures robust financial controls, manages investor and banking relationships, and drives process automation and efficiency in line with defined KPIs.
Key Responsibilities
Financial Management & Reporting
- Oversee all accounting, finance, and audit matters, ensuring accuracy and compliance with applicable accounting standards and regulations.
- Supervise preparation of financial statements including Profit & Loss, Balance Sheet, and Cash Flow Statements.
- Prepare and present monthly MIS, board decks, and investor reports, highlighting key financial insights and performance metrics.
- Analyze financial data and benchmark performance against industry peers to support data-driven decisions.
Budgeting, Forecasting & Treasury
- Prepare and implement financial processes including annual budgeting, forecasting, and cash flow management.
- Assist in preparing monthly and annual projections for management and investors.
- Support and manage banking, treasury, and fund flow operations, including coordination with banking partners.
- Develop and strengthen understanding of Forex & Treasury operations, including exposure related to forex transactions, remittance settlements, and currency risk.
Forex & Remittance Operations Support
- Work closely with operations teams to ensure accurate accounting and reconciliation of forex and remittance transactions.
- Monitor fund flows, settlements, receivables, and payables related to forex/remittance activities.
- Ensure compliance with Indian regulatory requirements applicable to forex, remittance, and treasury operations.
Process Improvement & Controls
- Formalize and implement Standard Operating Procedures (SOPs) for monthly closures, fund management, vendor payments, and reconciliations.
- Establish and maintain an Internal Risk Control Matrix, ensuring strong financial controls and regulatory compliance.
- Implement automation and process improvements to enhance reporting efficiency and reduce turnaround time.
Audit & Compliance
- Act as the single point of contact for statutory and internal audits.
- Ensure timely completion of audits and closure of audit observations.
- Maintain a statutory compliance calendar to ensure timely payment and filing of all statutory dues under Indian laws and regulations.
Team Leadership & Stakeholder Management
- Lead and mentor a finance team, fostering a collaborative and high-performance culture.
- Coordinate with cross-functional teams to streamline fund flow processes, reconciliations, and recovery of receivables.
- Manage relationships with banks, investors, auditors, and vendors, strengthening stakeholder confidence.
- Support investor relations alongside HOF, including MIS reporting and financial communication.
Key Skills & Competencies
- Strong knowledge of accounting, financial reporting, budgeting, and forecasting
- Exposure to Forex, Treasury, and Remittance operations
- Experience with MIS automation and process optimization
- Strong understanding of Indian statutory, tax, and regulatory compliance
- Leadership and team management capabilities
- Excellent analytical, presentation, and communication skills
Preferred Experience & Qualifications
- Qualified CA
- 812 years of relevant experience, preferably in Forex, Remittance, BFSI, Fintech, or Financial Services
- Hands-on experience with audits, investor reporting, and banking relationships
Skills
AccountingBudgetingCash Flow StatementsStatutory ComplianceAccounting StandardsCash FlowCash Flow ManagementFinancial ControlsFinancial StatementsFund FlowFund ManagementPayablesReconciliationsRecoveryProcess ImprovementTransactionsVendor PaymentsBalance SheetCaFinance ManagerFinanceCashReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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