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Responsibilities
Job Purpose : To ensure strict financial discipline in the unit and to facilitate the achievement of the desired financial results through continuous review, analysis and sharing of performance data with the management.
Managerial - Direct the budgeting process for all Capital & Operational requirements. -Assist in strategy formulation for the unit, in order to achieve a greater profitability. - Create a work environment that is high in employee morale and provides constant learning & development and use the feedback from Employee Satisfaction Survey to draw an action plan. - Develop systems and procedures that achieve higher cost efficiency and guest satisfaction. - Recruitment and Performance Appraisal/ Management of the staff in the department. - Develop & Implement the annual plan using the Tata Business Excellence Model framework, linking the department’s objectives to the unit’s overall strategy.
Operational : - To ensure the adherence of Standard Accounting procedures (GAAP) in all the accounting operations. - Monitor cost and profit performance of all departments regularly and provide recommendations/suggest corrective action. - Ensure all financial activities, maintenance of accounts, efficient materials management, compliance with statutory requirements, & management of cash flow. - Budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls. - Balance Sheet Management by weeding out NPAs (Non-performing Assets) and effective controls on Fixed Assets, Inventory, Debtors and Creditors. - Timely completion of Statutory and Internal Audit of the unit without any qualifications. - Handle all matters pertaining to taxation, insurance policies, banking etc. - To assume responsibility for preparing all MIS reports, to develop a more informative database for improved management decision-making and critical evaluation of activities. - Inform & advise the departmental heads in the areas of financial performance, cost benefit analysis, cost management etc. - Develop departmental trainers in association with the training department & oversee all the training activities within the department. - Maintain regular contacts with corporate bodies, financial institutions, government agencies etc - Stay informed the latest amendments in commercial laws, tax structures and other developments in the financial world. - Identify key communities, plan various initiatives and co-ordinate the support activities.
Requirements
Knowledge/Skills: - Thorough knowledge of modern financial analysis tools and techniques - Knowledge of Tax structures, Commercial laws and regulations - Working knowledge of MS Office & the Accounting package
Education: - Associate of Chartered Accountants
Experience : - A minimum of 5 years in managing accounting operations.
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