Assistant Manager - Finance (Hyderabad)

Assistant Manager - Finance (Hyderabad)

15 Oct
|
EFS
|
Hyderabad

15 Oct

EFS

Hyderabad

About EFS

Established in 2001, EFS Group is a global leader in integrated facilities management services with 75 service lines under 15 business verticals, and operations across 23 international markets. Creating sustainable value for clients and communities, the group delivers disruptive solutions that cater to some of the industry’s most complex needs, spanning sectors including infrastructure and security as well as hospitality and leisure. Home to 25,000 employees from different cultural and professional backgrounds across 30-plus offices, EFS prioritizes embracing and empowering its workforce.

EFS is an ISO-certified, award-winning, and credible choice among multinational companies, and government agencies as well as maintaining its reputation and trust working with 500 fortune companies.

EFS Group is a people-first organization that prioritizes employee well-being and fosters a diverse, inclusive work environment for career advancement through tailored learning and development programs. With a focus on client retention, innovation, and digital transformation, EFS Group is a trusted and agile facilities management services provider, offering a comprehensive portfolio of solutions, including technical operations, maintenance, soft services, and sustainability initiatives. Our commitment to excellence, compliance, and delivering maximum value to clients and stakeholders sets us apart in the global facilities management industry.

Purpose of the role

The purpose of the role is to provide strategic financial leadership and management, ensuring the organization's fiscal health and sustainability. This includes overseeing financial operations, budgeting, forecasting, and reporting, as well as contributing to strategic decision-making to support overall business objectives. The Manager of Finance plays a crucial role in optimizing financial processes, managing resources efficiently, and ensuring compliance with financial regulations, fostering long-term financial stability and growth for the organization.

The role includes but is not limited to:

Objectives

- Ensure the accuracy and timeliness of monthly financial reporting, providing comprehensive oversight
- Effectively manage the allocated budget, promptly reporting and addressing any financial exceptions
- Participate actively in strategic planning, budgeting, and forecasting processes, contributing valuable financial insights
- Assess the financial implications of contracts, optimizing financial aspects wherever possible to enhance profitability.
- Prepare detailed financial accounts, conduct thorough balance sheet reconciliations,



and meticulously monitor cash flow for optimal financial management

Operational Excellence:
- Expertly interpret financial information, offering insightful advice, and generating comprehensive reports
- Monitor performance metrics using key performance indicators (KPIs) to assess and enhance overall financial performance
- Facilitate effective communication between teams, ensuring seamless collaboration and compliance with financial objectives

Client Experience:
- Ensure the team comprehensively understands financial roles and responsibilities
- Lead, motivate, and guide the finance team, fostering an environment of optimal performance
- Define and regularly review performance objectives to drive continuous improvement and achievement

Team and Project Management:

 Supervise asset management, financial processes, and team activities with a focus on excellence

 Analyze work processes systematically to identify opportunities for increased efficiencies

 Develop and manage audits to ensure quality assurance in financial operations

 Support periodic audits for Operating Companies (OPCO) and implement corrective actions to enhance processes

 Analyze the financial implications of contracts and optimize where possible, ensuring financial prudence and strategic alignment

Compliance and Process Management

 Maintain the integrity of financial and management data, upholding a standard of accuracy and reliability

 Implement robust control mechanisms to ensure transparency in all financial transactions

 Ensure meticulous compliance with financial legislation and internal standards, fostering a culture of integrity

 Cultivate a continuous improvement mindset within the finance team, driving efficiency and effectiveness

 Adhere to and champion processes related to Human Resources (HR), Health, Safety, Environment, and Quality (HSEQ), Information Technology (IT), Procurement, and Operation

 Manage HSEQ practices diligently, ensuring legal compliance and prioritizing the well-being and safety of the team

Key Result Areas

Result Area

Performance Indicator

Accounts Receivable and Financial Compliance

Keep track of Accounts Receivable

Adhere strictly to timelines for payments

Timely submission for Group Consolidation

Financial Accuracy and Team Development

Team Engagement





Regularly analyze Client Tracker and AMC Tracker data

Policy and Audit Compliance

Ensure 100% contract compliance

Audit and Tax Management

Timely management of VAT filing and audits

Qualification / Experience

Education

- Minimum bachelor’s degree in accountancy and finance, with a business management /commercial qualification
- Membership to CIMA or equivalent

Experience
- 10+ years of in-depth experience in the preparation of monthly accounts and reports in accordance with accounting standards. To include the preparation of revenue and expense accounts
- 5+ years of in-depth experience and knowledge of contemporary accounting standards and their application to financial accounting practices and reporting requirements. To include accrual-based accounting, particularly in the commercial sector
- 2+ years’ experience in a managerial role

Knowledge & Key Skills
- Proficient in financial systems, including JD Edwards, IFBIS, MIMS, and Windows-based applications

- Sound knowledge of commercial and contractual matters with strong negotiation skills and commercial awareness
- IT-savvy, proficient in Excel, Word, Access, PowerPoint, Microsoft Office, email, and databases
- Proactive problem solver, taking ownership and leading by example
- Successful track record in managerial roles related to financial accounting
- Fluent in spoken and written English, maintaining a professional appearance
- Advanced proficiency in financial modeling, data analysis, and strategic thinking
- Understanding of regulatory compliance, reporting requirements, and industry-specific financial trends
- Experience in leading cross-functional teams, fostering collaboration, and implementing process improvements
- Strong problem-solving skills for complex financial challenges
- Knowledge of emerging technologies and trends in financial management
- Adaptability to changing financial landscapes and industry dynamics
- Solid ethical standards, commitment to financial integrity, and experience in risk management

Stakeholder Engagement & Job Context

Stakeholder Engagement

External

Internal

Clients

Group CFO

Suppliers / Sub-Contractors

All Department Managers

Consultancy and Advisory Firms

All Operational Leads

Banks / Financial Institutions

Job Context: Indoor, mostly sitting, ergonomic hazards

Functional Competencies

Functional Competencies

Minimum Level of Proficiency (Scale of 1-5)

*1 being minimum and 5 being maximum

Data Literacy

4

Business Acumen

4

Strategic Thinking

3

Digital Integration

4

Project Management

4

People Management

4

📌 Assistant Manager - Finance (Hyderabad)
🏢 EFS
📍 Hyderabad

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