Bank Of Maharastra Recruitment 2024

Job Title: Finance Manager

Company: Bank of Maharashtra

Location: Kolkata, Bamboovila

Job Summary: Bank of Maharashtra is seeking a dynamic and experienced individual to join our team as a Finance Manager in Kolkata, Bamboovila. As a Finance Manager, you will play a key role in overseeing financial operations and ensuring compliance with regulatory requirements. You will be responsible for financial planning, budgeting, forecasting, and providing strategic financial guidance to senior management. If you have a strong background in finance, exceptional analytical skills, and a keen eye for detail, we invite you to apply for this exciting opportunity.

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Responsibilities:
• Financial Planning and Analysis: Develop and implement financial strategies, plans, and budgets in alignment with the bank's goals and objectives. Conduct financial analysis, evaluate financial performance, and provide insights to support decision-making processes.
• Budgeting and Forecasting: Prepare annual budgets and periodic forecasts, considering market trends, business requirements, and regulatory guidelines. Monitor actual financial performance against budgets and forecasts, identifying variances and recommending corrective actions.
• Financial Reporting: Ensure accurate and timely preparation of financial reports, including income statements, balance sheets, cash flow statements, and other financial statements. Provide clear and concise financial analysis and reports to senior management and stakeholders.
• Compliance and Risk Management: Ensure compliance with regulatory requirements, accounting standards, and internal controls. Identify and mitigate financial risks, implement risk management strategies, and contribute to the development of internal policies and procedures.
• Cost Management: Monitor and control costs across various departments and functions. Identify cost-saving opportunities, recommend efficiency improvements, and implement measures to optimize resource allocation.
• Financial Modeling and Forecasting: Develop financial models and perform scenario analysis to support strategic decision-making. Evaluate the financial feasibility of potential projects, investments, and initiatives.
• Stakeholder Management: Collaborate with internal stakeholders, including senior management, department heads, and auditors, to provide financial insights, answer queries, and support decision-making processes. Build strong relationships based on trust and effective communication.
• Team Leadership: Lead and mentor a team of finance professionals, providing guidance, coaching, and performance feedback. Foster a culture of collaboration, continuous learning, and professional growth.
• External Relationships: Build and maintain relationships with external stakeholders, such as auditors, regulatory bodies, and financial institutions. Stay updated on industry trends, best practices, and emerging financial regulations.
• Continuous Improvement: Identify opportunities for process improvement, automation, and streamlining of financial operations. Implement best practices to enhance the efficiency and effectiveness of finance-related processes.

Bank Of Maharastra Jobs Near Me

Requirements:
• Strong knowledge of financial principles, accounting standards, and regulatory requirements.
• Proven experience in financial planning, budgeting, forecasting, and financial analysis.
• Proficient in financial modeling, data analysis, and using financial software and tools.
• Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
• Sound knowledge of risk management, internal controls, and compliance frameworks.
• Strong leadership and team management abilities with a focus on collaboration and mentorship.
• Excellent communication and presentation skills, with the ability to convey financial information to both financial and non-financial stakeholders.
• High level of integrity, ethics, and professionalism in handling sensitive financial information.
• Proficiency in using financial software, ERP systems, and MS Office applications.
• Knowledge of banking operations, products, and services is desirable.
• Willingness to stay updated on industry trends, regulations, and best practices in finance