Location:
Worli, Mumbai, Maharashtra
Job Type:
[Full-Time]
Job Overview:
We are seeking a highly skilled and experienced Senior Manager to oversee and manage the Profit and Loss (P&L), Financial Reporting, and Taxation functions of our organization. The ideal candidate will have a deep understanding of financial management, regulatory compliance, and tax policies while ensuring accurate reporting and analysis of financial performance. This position plays a crucial role in driving financial efficiency and compliance.
Key Responsibilities:
P&L Management:
- Oversee the preparation and analysis of P&L statements to assess the company’s financial performance.
- Monitor revenue, cost structures, and profitability across all business units.
- Collaborate with department heads to identify and address variances in budgets and forecasts.
- Develop strategies to improve margins, control costs, and enhance financial performance.
Financial Reporting:
- Ensure the accurate and timely preparation of monthly, quarterly, and annual financial reports.
- Comply with accounting standards (IND-AS, IFRS, or GAAP) in financial reporting.
- Provide insights and analysis of financial data to support decision-making by the leadership team.
- Present financial reports to senior management, stakeholders, and board members.
Taxation and Compliance:
- Manage direct and indirect tax compliance, including GST, TDS, corporate taxes, and other statutory filings.
- Ensure timely filing of all tax returns and compliance with applicable laws and regulations.
- Liaise with tax authorities and external consultants for audits, assessments, and dispute resolutions.
- Stay updated on changes in tax laws and assess their impact on the organization.
Internal Controls and Audits:
- Implement robust internal controls to ensure data accuracy and mitigate financial risks.
- Lead internal and external audits, ensuring adherence to compliance and regulatory requirements.
- Address audit observations and implement corrective measures where necessary.
Budgeting and Forecasting:
- Collaborate with the finance team to prepare annual budgets and periodic forecasts.
- Monitor financial performance against budgets and identify areas for improvement.
- Support strategic planning initiatives with financial insights and projections.
Team Leadership:
- Manage and mentor a team of finance professionals, fostering growth and performance.
- Assign tasks, monitor progress, and ensure the timely completion of deliverables.
- Build a collaborative and high-performing work environment.
Qualifications and Skills:
Education:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualifications such as CA, ICWA, or MBA in Finance are highly preferred.
Experience:
- 10+ years in finance and accounting, with a focus on P&L management, financial reporting, and taxation.
- Minimum 5 years of experience in a managerial or leadership role.
Technical Skills:
- Proficiency in financial management software (e.g., SAP, Oracle, Tally).
- Advanced knowledge of accounting standards (IND-AS, IFRS).
- Strong expertise in financial analysis, reporting, and tax laws.
Soft Skills:
- Strategic thinking and problem-solving abilities.
- Excellent communication and presentation skills.
- Leadership and team management skills.
- Attention to detail and ability to manage multiple priorities.
How to Apply:
Interested candidates can send their resumes to career@creditwisecapital.com with the subject line “Application for Senior Manager – P&L, Financial Reporting, and Taxation.”