Deputy Manager

This role is for one of Weekday’s clients
Min Experience: 2 years
Location: Mumbai
JobType: full-time

We are seeking a detail-oriented and highly analytical Deputy Manager – Finance and Accounts to join our dynamic finance team. The ideal candidate will be responsible for managing the financial reporting cycle, monthly closure activities, borrowings accounting, audit coordination, and ensuring adherence to regulatory requirements. This role calls for someone with strong working knowledge of IND AS, excellent coordination skills, and the ability to handle time-sensitive financial processes with accuracy and precision.

Key Responsibilities:

1. Financial Reporting & Accounting:

• Own the end-to-end monthly financial closing process, ensuring timely and accurate accounting in accordance with applicable accounting standards, especially IND AS.
• Lead the preparation and finalization of financial statements, including all supporting schedules.
• Conduct monthly variance analysis and investigate deviations in actuals vs. budgets.
• Manage ledger scrutiny, identify discrepancies, and ensure reconciliations are completed timely.

2. Borrowings & Treasury Coordination:

• Handle the accounting of borrowings, including External Commercial Borrowings (ECBs), in coordination with the Treasury team.
• Reconcile loan balances and interest payments periodically, ensuring compliance with borrowing covenants and reporting obligations.

3. Regulatory & Statutory Reporting:

• Support the preparation and publishing of quarterly exchange results, including financial statements and schedules for stock exchange filings.
• Manage data coordination for rating agencies and respond to financial information requests on time.
• Oversee the preparation of Notes to Accounts and ensure accurate disclosure of financial details.

4. Audit & Compliance:

• Coordinate with Joint Statutory Auditors and internal stakeholders to address and resolve audit queries.
• Ensure audit closures are completed to the satisfaction of auditors and in alignment with company policies.
• Manage the timely filing of annual returns with the Registrar of Companies (ROC) as required for the finance function.

5. Annual Report & Public Issue Support:

• Lead the process for the Annual Report preparation, including liaison with external agencies and ensuring timely submission.
• Support in managing the finance function's responsibilities for Public Issue of Non-Convertible Debentures (NCDs).

6. Cross-Functional Coordination:

• Liaise with various departments for ad hoc financial data requirements, reporting, and insights to ensure alignment across teams.
• Support the finance leadership in strategic decision-making with timely and accurate financial data.

Required Skills & Qualifications:

• Bachelor’s Degree in Commerce; CA/ICWA or MBA (Finance) preferred.
• Minimum 2 years of relevant experience in Finance & Accounts in a corporate setting.
• Mandatory experience with IND AS accounting standards.
• Proficiency in ERP systems and Microsoft Excel; experience with SAP or Oracle is a plus.
• Strong analytical, problem-solving, and communication skills.
• Ability to work in a fast-paced, deadline-driven environment with a high level of ownership.