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Verified Job Accounting - Finance

Unit Manager Finance amp Accounts 3 To 7 Years

Pune, Maharashtra
Accounting - Finance
#371049
Remote / WFH

Job Description

Company:

Bajaj Finance Ltd

Location

Pune

Experience

5-6 Years

Key Skills

Treasury Audit, FINANCIAL MANAGEMENT, financial reporting, Financial Analysis, CMA Report, Cash Flow Management, forecasting, budgeting

Job Description

Position: Unit Manager - Finance & Accounts
Qualification: B.com,CMA
Experience: 3 to 7 years
Location: Pune

Job description
• The Unit Manager - Finance & Accounts is a key leadership role responsible for overseeing and managing the financial and accounting operations of a business unit or department within a company
• This individual plays a critical role in ensuring the financial health and compliance of the unit while providing strategic financial guidance to support business decisions
• The Unit Manager will lead a team of finance and accounting professionals, ensuring their development and performance

Responsibilities:
• Financial Planning and Analysis:Develop and manage the financial planning and budgeting process for the business unit
• Analyze financial data, prepare reports, and present findings to the senior management team
• Monitor key performance indicators (KPIs) and provide actionable insights to improve financial performance
• Financial Reporting and Compliance:Oversee the preparation and accuracy of financial statements, ensuring compliance with relevant accounting standards and regulations
• Collaborate with internal and external auditors for periodic audits
• Ensure compliance with tax regulations and coordinate with tax authorities as required
• Cost Management:Monitor and control costs within the business unit, identifying areas for cost optimization and efficiency improvement
• Conduct cost-benefit analyses for new projects and initiatives
• Cash Flow Management:Manage the cash flow of the business unit, forecasting future cash needs and optimizing cash utilization
• Ensure appropriate treasury management practices to minimize financial risks
• Financial Strategy and Decision Support:Provide financial insights and support to aid strategic decision-making by the senior management team
• Participate in financial discussions related to new business ventures, mergers, and acquisitions
• Team Leadership and Development:Lead and mentor a team of finance and accounting professionals, fostering a culture of collaboration and excellence
• Set performance goals, conduct performance reviews, and identify training needs
• System and Process Improvement:Continuously improve financial systems, processes, and controls to enhance efficiency and accuracy
• Identify and implement automation opportunities to streamline financial operations
• Requirements:Bachelor\'s degree in Finance, Accounting, Business Administration, or a related field
• A Master\'s degree or professional certifications (eg, CPA, CMA) would be advantageous
• Proven experience (typically 5-8 years or more) in finance and accounting, with at least 2 years in a supervisory or managerial role
• Strong understanding of financial principles, accounting standards, and financial analysis techniques
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