Job Description
ob Summary:
The Finance & Account Manager will be responsible for overseeing the financial and accounting functions of the company. This role requires a hands-on approach to financial management, including financial planning, budgeting, reporting, and analysis. The Finance & Account Manager will also be responsible for ensuring compliance with accounting standards, tax regulations, and internal policies.
Key Responsibilities:
Financial Planning and Analysis:
• Develop and maintain financial models to support business planning and decision-making.
• Prepare annual budgets, forecasts, and financial projections in collaboration with senior management.
• Conduct variance analysis and provide insights to improve financial performance.
Financial Reporting:
• monthly, quarterly, and annual financial reports in accordance with GAAP (or relevant accounting standards).
• accuracy and integrity of financial data and statements.
• financial reports to senior management and stakeholders.
Cash Flow Management:
• Manage cash flow and liquidity needs to ensure the company's financial stability.
• Monitor cash flow projections and recommend strategies to optimize cash management.
Tax Compliance:
• Ensure compliance with tax regulations and filing requirements, including GST, TDS, Income Tax, VAT and Corporation Tax.
• Coordinate with external tax advisors to prepare and submit tax returns.
• Stay updated on changes in tax laws and regulations affecting the company.
Financial Operations:
• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger.
• Implement and maintain internal controls to safeguard company assets and ensure accuracy of financial records.
Audit and Compliance:
• Coordinate annual audits with external auditors in compliance with India and UK auditing standards.
• Ensure compliance with audit requirements and address any audit findings or recommendations.
Financial Systems and Processes:
• Evaluate and improve financial systems and processes to enhance efficiency and accuracy.
• Implement best practices in financial management and accounting.
Team Leadership and Development:
• Supervise and mentor finance and accounting staff.
• Provide guidance and support to team members to foster their professional growth and development.
Qualifications and Skills:
• Masters in Accounting, Finance, CA, ACCA, ICWA, CPA or equivalent qualification preferred.
• years of experience in finance or accounting roles, with progressive responsibility and leadership experience.
• Strong knowledge of accounting principles and financial analysis techniques.
• Proficiency in financial management software and MS Excel; experience with ERP systems is a plus.
• Strong knowledge of UK GAAP or IFRS and UK tax regulations.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal abilities, with the ability to interact with stakeholders at all levels.
• Detail-oriented with a commitment to accuracy and integrity in financial reporting.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively
The Finance & Account Manager will be responsible for overseeing the financial and accounting functions of the company. This role requires a hands-on approach to financial management, including financial planning, budgeting, reporting, and analysis. The Finance & Account Manager will also be responsible for ensuring compliance with accounting standards, tax regulations, and internal policies.
Key Responsibilities:
Financial Planning and Analysis:
• Develop and maintain financial models to support business planning and decision-making.
• Prepare annual budgets, forecasts, and financial projections in collaboration with senior management.
• Conduct variance analysis and provide insights to improve financial performance.
Financial Reporting:
• monthly, quarterly, and annual financial reports in accordance with GAAP (or relevant accounting standards).
• accuracy and integrity of financial data and statements.
• financial reports to senior management and stakeholders.
Cash Flow Management:
• Manage cash flow and liquidity needs to ensure the company's financial stability.
• Monitor cash flow projections and recommend strategies to optimize cash management.
Tax Compliance:
• Ensure compliance with tax regulations and filing requirements, including GST, TDS, Income Tax, VAT and Corporation Tax.
• Coordinate with external tax advisors to prepare and submit tax returns.
• Stay updated on changes in tax laws and regulations affecting the company.
Financial Operations:
• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger.
• Implement and maintain internal controls to safeguard company assets and ensure accuracy of financial records.
Audit and Compliance:
• Coordinate annual audits with external auditors in compliance with India and UK auditing standards.
• Ensure compliance with audit requirements and address any audit findings or recommendations.
Financial Systems and Processes:
• Evaluate and improve financial systems and processes to enhance efficiency and accuracy.
• Implement best practices in financial management and accounting.
Team Leadership and Development:
• Supervise and mentor finance and accounting staff.
• Provide guidance and support to team members to foster their professional growth and development.
Qualifications and Skills:
• Masters in Accounting, Finance, CA, ACCA, ICWA, CPA or equivalent qualification preferred.
• years of experience in finance or accounting roles, with progressive responsibility and leadership experience.
• Strong knowledge of accounting principles and financial analysis techniques.
• Proficiency in financial management software and MS Excel; experience with ERP systems is a plus.
• Strong knowledge of UK GAAP or IFRS and UK tax regulations.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal abilities, with the ability to interact with stakeholders at all levels.
• Detail-oriented with a commitment to accuracy and integrity in financial reporting.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively
💡 Quick Summary
Seeking a career-building opportunity? The Finance Account Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Vadodara offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.