Assistant Manager Finance

Scope:

Reporting to the Regional Finance Leader EMEIA, the role focusses on the business activity in EMEA and INDIA for our industrial segment Power Tools. The role involves working closely with other Finance team members and other departments to ensure accurate financial management and reporting activities of the organization.

Job Summary:
This role involves financial planning, analysis, reporting, and ensuring compliance with financial regulations. The Assistant Manager will also assist in budget preparation, monitoring, and implementing financial policies.

Responsibilities:

Financial Planning & Analysis:

• Assist in the preparation of the annual budget and financial forecasts.
• Perform financial analysis to assess performance, identify trends, and make recommendations for improvement.
• Support in the preparation of monthly, quarterly, and annual financial reports.

Budget Management:

• Monitor budgetary performance and variances, ensuring alignment with organizational goals.
• Work closely with departments to manage budget allocations and adjustments.

Financial Reporting:

• Prepare and analyze financial statements, including profit and loss, balance sheet, and cash flow statements.
• Ensure timely and accurate financial reporting to senior management and stakeholders.
• Assist in the preparation of reports for regulatory bodies.

Compliance & Audit:

• Ensure compliance with all financial regulations, standards, and company policies.
• Assist in internal and external audits, providing necessary documentation and explanations.
• Maintain accurate financial records and ensure proper documentation of all financial transactions.

Cash Flow Management:

• Monitor and manage the company’s cash flow to ensure adequate liquidity for operations.
• Assist in the development of strategies for optimizing cash flow and working capital.

Qualifications:

• Qualification: Bachelor’s degree in finance, Accounting, or related field. A master's degree or professional qualification (e.g., CA, CMA, ACCA) is preferred.
• Experience: Minimum of 5 years of relevant experience in finance or accounting
• Technical Skills: Proficiency in financial software (Oracle), advanced Excel skills, and basic knowledge of accounting standards.
• Soft Skills: Strong analytical and problem-solving skills, excellent communication and interpersonal abilities, and attention to detail.

Key Competencies:

• Strong understanding of financial principles and regulations.
• Ability to analyze complex financial data and present actionable insights.
• High level of integrity and ethical conduct in financial management.
• Collaborative team player with process improvement mind set
• Must be fluent in English

Location and Travel:

Permanent work location is Sahibabad, Ghaziabad.