Head of Finance (Thrissur)

Head of Finance (Thrissur)

12 Oct
|
Flamingoes Migration consultants
|
Thrissur

12 Oct

Flamingoes Migration consultants

Thrissur

Finance Head

Location: Thrissur

Employment Type: Full time

Department: Finance & Accounts

Experience: 2-3 years

Salary: Best in the Industry / As per Experience

Job Summary

We are looking for an experienced and responsible Finance Head to lead and manage the company’s overall finance and accounting functions. The ideal candidate will be responsible for financial planning, accounting operations, cash-flow management, reporting, compliance, budgeting, audits, and financial controls.

The Finance Head will work closely with the management and various departments to ensure financial accuracy, timely reporting, effective cost management, and compliance with applicable statutory requirements.

Key Duties & Responsibilities1. Financial Management

- Oversee the overall financial operations of the organization.
- Develop and implement effective financial strategies, policies, and controls.
- Monitor the company’s financial position, cash flow, income, and expenditure.
- Prepare financial forecasts, budgets, and business projections.
- Provide financial insights and recommendations to the management for decision-making.
- Monitor financial performance against budgets and targets.

1. Accounting & Bookkeeping

- Supervise day-to-day accounting and financial transactions.
- Ensure accurate recording and maintenance of financial records.
- Review accounts payable, accounts receivable, invoices, receipts, payments, and reconciliations.
- Ensure timely closure of monthly, quarterly, and annual accounts.
- Monitor outstanding receivables and payables and ensure timely follow-up.
- Review bank and ledger reconciliations regularly.

1. Financial Reporting

- Prepare and present regular financial reports to management.
- Generate monthly, quarterly, and annual financial statements.
- Analyse revenue, expenses, profitability, cash flow, and other key financial indicators.
- Provide management with accurate and timely financial information.
- Identify financial risks, discrepancies, and unusual transactions and take appropriate action.

1. Budgeting & Cost Control

- Prepare and monitor annual and departmental budgets.
- Track actual expenditure against approved budgets.
- Identify opportunities for cost reduction and improved financial efficiency.
- Monitor operational expenses and ensure spending is within approved limits.




- Establish appropriate financial controls to prevent errors and financial irregularities.

1. Taxation & Statutory Compliance

- Ensure timely compliance with applicable taxation and statutory requirements.
- Oversee GST, TDS, PF, ESI, professional tax, income tax, and other applicable statutory matters.
- Coordinate with external Chartered Accountants, auditors, tax consultants, and statutory authorities when required.
- Ensure timely filing of statutory returns and submission of required documents.
- Maintain proper records and documentation for statutory compliance and audits.

1. Payroll & Employee-Related Finance

- Coordinate with HR regarding payroll processing and salary-related financial matters.
- Verify payroll data, deductions, reimbursements, incentives, and other employee payments.
- Ensure timely processing of salaries and employee-related statutory payments.
- Review Full & Final Settlements and ensure payments are processed according to approved timelines.

1. Audit & Internal Controls

- Coordinate internal and external audits.
- Prepare required financial documents, schedules, and supporting records for audits.
- Implement and maintain strong internal financial controls.
- Identify financial and operational risks and recommend corrective measures.
- Ensure compliance with company financial policies and procedures.

1. Cash & Treasury Management

- Monitor daily cash flow and overall liquidity position.
- Manage bank accounts and banking transactions.
- Ensure sufficient funds are available for operational requirements.
- Monitor cash collections, deposits, payments, and fund transfers.
- Maintain proper authorization and documentation for financial transactions.

1. Team Management

- Lead and supervise the Finance & Accounts team.
- Allocate responsibilities and monitor team performance.
- Review the accuracy and quality of work completed by the finance team.
- Train and mentor finance team members.
- Establish clear processes and accountability within the department.

1. Interdepartmental Coordination





- Coordinate with HR, Sales, Operations, Legal, Administration, and other departments on financial matters.
- Ensure timely communication regarding invoices, collections, expenses, reimbursements, and payments.
- Support management in evaluating the financial impact of business decisions.
- Establish effective coordination between Finance and other departments to ensure smooth operations.

1. Management Support

- Provide strategic financial advice to the management and Board of Directors.
- Assist in business planning, expansion decisions, investments, and financial forecasting.
- Prepare financial analysis and reports as requested by management.
- Ensure that financial decisions are supported by accurate and reliable data.
- Handle confidential financial information with a high level of integrity and professionalism.

Requirements
- Bachelor's degree in Finance, Accounting, Commerce, or a related field.
- CA / CMA / MBA Finance or equivalent professional qualification will be an added advantage.
- Minimum 5 years of relevant experience in Finance & Accounts, with experience in a managerial or leadership role.
- Strong knowledge of accounting principles, taxation, financial reporting, and statutory compliance.
- Experience in budgeting, cash-flow management, audits, and financial analysis.
- Strong leadership, analytical, organizational, and decision-making skills.
- Excellent communication and interpersonal skills.
- Proficiency in MS Excel and accounting/ERP software.
- Ability to maintain confidentiality and handle sensitive financial information.
- Strong attention to detail and accuracy.

Preferred Skills
- Financial Planning & Analysis
- Budgeting & Forecasting
- Cash Flow Management
- GST & TDS
- Payroll & Statutory Compliance
- Audit Management
- Financial Reporting
- Cost Control
- Team Leadership
- Risk Management
- Advanced MS Excel
- Accounting/ERP Software

What We Offer
- Competitive salary based on experience and expertise.
- Opportunity to work in a leadership position.
- Professional growth and career development opportunities.
- Dynamic and collaborative work environment.

Interested candidates are invited to apply with their updated CV. Pay: ₹30,000.00 - ₹40,000.00 per month

Benefits

- Cell phone reimbursement
- Provident Fund

Work Location: In person

📌 Head of Finance (Thrissur)
🏢 Flamingoes Migration consultants
📍 Thrissur

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