Job description

Designation: Corporate Finance

Department: Integrated Finance

Location: Bangalore

Job Description: Corporate Finance

Role Objectives:  Finance professional with strong grip around accounting principles, controllership, and corporate finance functions. Candidate’s responsibility would be to plan, organize, control and supervise finance & accounting activities for effective control & planning for enhanced business results while ensuring timely Statutory compliances, Audit facilitation, Cost control & reductions.

Key Responsibilities

Accounting and Book Keeping:

• Preparation, review and finalise books of accounts and financial reports (P&L, Balance Sheet and Cash flows) on a Monthly, Quarterly, Half Yearly & Yearly basis.

• Financial analysis of income, expenses and balance sheet vs PY and targets – on a monthly basis. Report variance and highlight issues to management.

• Compliance with Group/Statutory reporting requirements as per current prevailing Laws and Accounting Standards.

• Upload of Financials in SAP BPC - monthly

• Maintain and update a documented system of accounting policies and procedures.

• Review internal controls around financial reporting systems (ERP) on periodic basis.

Managing Accounts receivable and Payables / Working Capital Management

• Managing Accounts receivables and Payables

o Review ageing, reconciliation and timely follow up and ensure payment / collection

o Review Vendor reconciliations

• Review of Advances and deposits on an on-going basis.

• Overhead Review – Monthly review and variance analysis of company overhead, provisioning & unexpired expenses & ensuring completeness of all entries

• Capex review

o Review of fixed asset capitalisation, CWIP & depreciation on a monthly basis

o Review physical verification of Fixed Assets periodically

Financial, Planning & Budgeting (Annual and Medium-term business plans)

• Consolidation of Annual Operating Plan and Medium-term plan of the business entity after coordinating with category finance

• Budgeting of company overhead after discussion with functional owners

Audit:

• Interact and coordinate with Auditors for finalization of Financial Statements and Audit reports (Quarterly Statutory audits, Tax and Other Audits) on timely manner.

• Co-ordinate, facilitate, provide necessary documentation and ensure smooth running of Internal auditor review as per planned procedures

Desired Candidate Profile/Experience

• Chartered Accountant with 2-3 years of experience post qualification / degree. Preferably from FMCG / F&B background. Working knowledge of SAP will be added advantage