Senior Manager - GSC - Finance - Freight Forwarding

dp-world - Navi Mumbai, Maharashtra, India | 2024-09-11 13:46:31

  • Work with the CFO & Business Units Heads to develop budgets and financial plans for the company including evaluation of fresh capex need 
  • Report to the Finance Lead with timely and accurate financial information
  • Analyze monthly performance of each business vs budget and previous year and agree on corrective actions with Finance Lead, CFOs and BU heads
  • Assist the CFO in presenting reports to senior executives, stakeholders, and board members.
  • Along with the CFO, to motivate and lead finance team members by clarifying roles and providing helpful feedback
  • Manage Consolidation of results of holding company and accounting matters relating to holding company
  • Manage relationship with Statutory auditors, anticipate audit issues and ensure satisfactory resolution.
  • Establish the process of quarterly balance sheet review at units and oversee deviations / non compliances if any,
  • Prepare commentary for monthly, quarterly and annual results for various stakeholders 

 

KEY RESULT AREAS
- On time and accurate Cash Flow Statement, P&L, Balance Sheet and statutory financial reports
- Accurate Provisioning, closing and reporting for receivables and payables on monthly basis. (Receivables only on annual basis)
- On time and accurate costing
- Cost of capital raised
- Accurate CAPEX costing
- On time payment of Indirect taxes, compliance and on time refund
- Statutory compliance, on time Statutory Audits and Audit without qualification

 

KEY FUNCTIONS / RESPONSIBILITIES
1. FINANCIAL REPORTING & ANALYSIS and REGULATORY COMPLIANCES
- To ensure timely closure of all accounting processes.
- To ensure all monthly and annual Financial Reports are prepared accurately and on time.
- To ensure monthly, quarterly and annual analysis of consolidated financial statements and submissions
- To ensure all financial reporting is done as per Indian GAAP, IFRS, US GAAP, and IndAs.
- To ensure all financial reports are audited satisfactorily and on time.
- To ensure compliance with companies Act 
- To ensure compliance with Internal Financial Controls and/or SOX Compliance.

2. COSTING
- To direct and oversee costing processes.
- To ensure project/activity-based costing is prepared and variance is analyzed. - To ensure Cost Audits are done on time. - To ensure costs for product development and projects are accurate and enough support is provided to BD.

4. REVENUE ACCOUNTING
- To ensure accurate provisioning of all Receivables annually and Revenues monthly.
- To ensure billing adheres to all tax compliance.
- To ensure timely transfer of fund from overseas account to corporate account.
- To ensure MIS for revenue accounting is on time.
- To ensure all credit notes and thoroughly cross-checked and approved by the CFO before it is issued.

5. CONSOLIDATION OF ACCOUNTS AND EXPENSE ACCOUNTING
- To ensure consolidation of all reports are done on time for reporting purpose
- To ensure the Trial balance of all overseas entities/operation is reviewed frequently.
- To ensure accurate provisioning of all employee expenses.
- To ensure on time Audits and all recommendations of the statutory audits are implemented on time.


Other key competencies:
(i) Initiative and drive with Critical thinking skills
(ii) Attention to detail, Strong finance and accounting knowledge
(iii) High level of integrity

 

 



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