General Manager Finance

JewelsHire , a distinguished leader in the realm of jewellery industry recruitment, extends its invitation for a position at a renowned jewellery manufacturer located in Andheri East, Mumbai.

Description

Role:

We are looking for an experienced General Manager - Finance to manage cash flow, develop

and implement financial processes, manage relationships with financial institutions, and

identify and mitigate financial risks.

➢ Key Responsibilities:

1- Accounts & Finance

• Overseeing & managing the accounts payable and the accounts’ receivable function.

• Finalizing the balance sheet and presenting the MIS as per the decided cost sheet and

schedule

• Managing and overseeing the daily operations of the accounting department. Establishing

and enforcing proper accounting methods, policies, and principles.

• Run revenue and expense variance analysis

• Identify the risks and mitigate them

• Routinely review revenue cycle to identify and address issues affecting overall

performance proactively, handling internal audits

• Maintain good relationships with the bankers

2- Compliance & Legal

• Ensure a company complies with tax laws and regulations specific industry and region

• Liaise with lawyers and auditors, Legal agreement reviews

3- System & Automation

• Identify, acquire and implement systems and software to provide critical financial and

operational information. Evaluate the finance team and make suggestions for automating

processes and increasing working efficiency. Eg: ERP

4- Team Management & Training

• Mentor and develop a team managing work allocation, systems training, performance

evaluations, and the building of an effective and efficient team dynamic

5- Other Tasks

• Handling Inventory and Customs related aspects

• Capital expenses/ fixed asset-related aspects

➢ The incumbent will be required to collaborate with the following people:

1- With Secretary General: (Group CFO)

• Finalize balance sheet/AC payable receivable, Compliance, Global structuring of the

company, Banking, and fundraising-related requirements

2- CEO & Board of Directors

• Balance sheet, MIS, Cashflow, Financial annual objectives

3- With the Director of Business Finance plus Governance

• Budgets and forecasts, recommendations, Balance Sheet & MIS

4- Functional Heads

• Payments, reimbursement, budgets, Approvals, revenue cycle, compliance

5- Business Finance

• Collaborate with the Business Finance Director in order to assess and evaluate the

financial performance of an organization with regard to long-term operational goals,

budgets, and forecasts. Provide insights and recommendations for the organization's shortterm

and long - term growth plans.

Requirements

Technical Requirements: ‐

• Must Have:
  

1. CA

2. International Exposure

3. GST Compliance

4. Direct & Indirect Tax

• Good to Have
  

1. MBA

2. FEMA

3. IFRS

4. GAAP

5. Retail Background

Personality Requirements:

• Strong Analytical Skills: A GM Finance should possess excellent analytical abilities to assess financial data, identify trends, and make informed decisions based on financial insights.
  
• Strategic Thinking: The ability to think strategically is crucial for a GM Finance as they need to align financial goals with the organization's overall strategic objectives and provide guidance on financial planning and risk management.
  
• Leadership and Communication: Effective leadership and communication skills are essential for a GM Finance to collaborate with cross-functional teams, articulate financial concepts to non-financial stakeholders, and lead the finance department towards achieving organizational objectives.
  
• Integrity and Ethical Conduct: As a custodian of financial information, a GM Finance must maintain the highest ethical standards, display integrity, and ensure compliance with financial regulations and company policies.
  
• Adaptability and Resilience: The finance landscape is dynamic, and a GM Finance should be adaptable to changing business environments, be resilient in the face of challenges, and possess the ability to find innovative solutions to financial issues.
  
• Attention to Detail: Precision and attention to detail are critical in financial management. A GM Finance should have a meticulous approach to reviewing financial reports, identifying discrepancies, and ensuring accuracy in financial data.
  
• Business Acumen: A comprehensive understanding of business operations and industry trends enables a GM Finance to provide strategic financial advice, assess investment opportunities, and contribute to the overall growth and profitability of the organization.
  

Benefits

Budget - Up to 35 LPA

Location - MIDC, Andheri East, Mumbai