Responsible for providing support for all branch level financial activities including - Branch financial and business forecasting, planning and reporting; Branch level internal Financial and Business Reporting; Supervising and coordinating Accounts Reconciliation at a branch level and providing Price Increase support; Day-to-day financial requirements such as Billing & Invoicing, Cash Management, Accounting, Price Increase administration, Compliance & Audit requirements
Core Competencies
Awareness of Market Environment
Financial know-how
Data Management
Systems understanding
Problem Solving
Analysing & Interpreting
Simplifying the Complex
Working collaboratively
Functional Competencies
Accounting standards/ principles
Financial Planning
Financial Reporting
Knowledge of financial compliances/ statutory requirements
Job Responsibility:
Budgeting and Forecasting
Provide strategic planning support by preparing budget/ financial forecasts for the branch
Prepare annual budget for the Branch and support in Hub budget preparation
Conduct sales forecasting and analysis
Prepare profitability estimates and actual result statements on monthly and periodic basis
Conduct detailed business trends and performance analysis
Analyse trading results, collections, cost analyses, growth analyses etc.
Advise Branch head on financial status/ performance of the hub
Financial and Business Reporting
Analyze budget conformance at a Branch level
Analyze and monitor sales performance data
Analyze profitability data for clients and provide relevant input to sales team
Advise branch head on financial status/ performance of the branch
Prepare monthly and periodic MIS statements as required for internal reporting
Billing, Cash, Accounting and Price Increase Support
Manage the end-to-end billing process for all clients to ensure accurate recording and processing of bills/invoices
Manage budgeted cash at a branch level and handle all petty cash
Review reconciliation of hours billed v/s hours paid for all assignments at a branch level
Share debtor analysis with Branch Managers to support collection of outstanding amounts from clients
Support in resolving client queries on invoices and billing
Provide inputs for invoice corrections
Manage billing amounts for clients linked to Price Increase
For retrospective Price Increase cases manage recovery and collection of past dues
Monitor expenses on uniform, stationery, telephone and other administrative requirements
Implement cost control measures to keep overhead costs under control
Conduct monthly closing of accounts
Taxation, Compliance and Audit
Ensure tax filing and organise TDS certificates in a timely manner
Ensure smooth audits and regular interaction with auditors
The Ideal Candidate:
Minimum: Degree/ or Diploma in Financial Management and/ or equivalent
Desired: B.Com/M.Com
Minimum 5-6 years of experience of overall experience in financial management with 2-3 years of experience in relevant industry or domain
Needs to possess good understanding of company and tax laws
