Job Description

1. Financial Planning & Analysis:

- Develop and manage financial models and forecasts for the group\'s projects, institutions and companies.

- Analyse financial data to provide insights on financial performance and identify opportunities for improvement.

- Collaborate with individual units and entities to develop and monitor their financial plans and budgets.

2. Budgeting & Cost Control:

- Coordinate the annual budgeting process for the group and its units.

- Review and analyse budget proposals from each entity within the group and provide recommendations.

- Monitor expenses and implement cost control measures to ensure financial efficiency.

3. Accounting Operations, Financial Reporting & Compliance:

- Manage accounting operations and ensure accurate and timely preparation of financial statements for the group and its units, in compliance with applicable regulations and standards.

- Oversee the preparation of financial statements and reports for regulatory compliances (both for statutory purposes and for accreditation of institutions), as required.

- Ensure timely submissions (after due approval) and make sure that the group and its entities meet all the compliance requirements.

4. Cash Flow Management:

- Monitor cash flow and liquidity position of the group and take corrective action on time.

- Develop strategies to optimise cash flow and working capital management for the group and its entities.

- Liaise with banks and financial institutions and meet funding requirements.

5. Risk Management:

- Identify and assess financial risks, both systemic and sector-specific, that may concern the group and its entities.

- Develop and implement risk mitigation strategies and internal controls.

- Ensure compliance with risk management policies and regulatory requirements.

6. Group-level consolidation, financial performance & projections:

- Oversee the financial consolidation process for the group\'s entities.

- Analyse and interpret financial performance data at the group level.

- Prepare reports and presentations on the current and projected financial performance of the group, for both internal and external audiences.

7. Stakeholder Management:

- Collaborate with entities within the group to provide financial guidance and support.

- Present financial information and reports to the senior management and other stake holders.

- Establish and maintain relationships with external stakeholders, including auditors and regulatory authorities.

IIM Jobs