FINANCE MANAGER
RADISSION BLUE-HYDERABAD
11.2024 - Current
- Financial Planning and Analysis
- Budgeting: Developing and managing budgets in alignment with the company's strategic goals. Ensuring accurate forecasting and monitoring of budget performance.
- Financial Forecasting: Assessing financial risks and preparing forecasts based on financial trends and market conditions.
- Variance Analysis: Regularly comparing actual performance against budgets and identifying variances, with actionable recommendations to the senior management.
- Financial Reporting
- Preparation of Financial Statements: Overseeing the preparation of monthly, quarterly, and annual financial statements (Profit & Loss statement, Balance Sheet, and Cash Flow statements) ensuring compliance with Indian Accounting Standards (Ind AS).
- Audit Management: Coordinating internal and external audits, ensuring that the company's financial records are accurate and in compliance with legal and regulatory requirements.
- Management Reports: Providing management reports with insights into financial performance, including profitability, liquidity, and capital structure.
- Cash Flow Management
- Liquidity Management: Managing the company's cash flow to ensure adequate funds for operational and capital needs.
- Treasury Management: Overseeing banking relationships, cash management, working capital management, and optimizing the company's liquidity position.
- Cost Control and Profitability Analysis
- Cost Monitoring: Continuously monitoring costs and recommending measures to reduce unnecessary expenses.
- Profitability Analysis: Analyzing the profitability of products, services, and business segments. Identifying areas for operational efficiency.
- Capital Expenditure Planning: Managing capital expenditure and investment decisions to maximize returns on investments.
- Risk Management
- Financial Risk Management: Identifying, analyzing, and managing financial risks such as currency fluctuations, interest rate changes, and commodity price volatility.
- Internal Controls: Establishing and maintaining strong internal controls to safeguard the company's assets and ensure the accuracy of financial information.
- Tax Compliance and Planning (Critical Role)
- Tax Compliance: Ensuring the company's compliance with Indian tax laws, including Income Tax, Goods and Services Tax (GST), Tax Deducted at Source (TDS), Transfer Pricing regulations, and Custom Duties, where applicable.
- Income Tax (Corporate Tax): Ensuring timely filing of income tax returns, managing tax assessments, and providing inputs for calculating tax liabilities.
- GST Compliance: Managing the GST filings (GSTR-1, GSTR-3B, GSTR-9, etc.) and ensuring compliance with Goods and Services Tax laws. This also includes ensuring correct classification of goods and services, proper input tax credit (ITC) claims, and timely filing of returns.
- TDS (Tax Deducted at Source): Ensuring TDS returns (e.g., Form 24Q for salary payments) are filed accurately and on time.
- Tax Audits: Coordinating with external tax consultants and auditors to ensure the accuracy of tax filings and managing tax audit processes.