Manager - Finance - Rail & Inland Terminals - Modinagar
DP World · Meerut
Job title - Manager Finance - Rail & Inland Terminals
Department - finance
Job location - DP World Rail Logistics Private Limited, ICD Modinagar, Kharkhoda Road, Mohiuddinpur, MEERUT, UP – 250205
Key responsibilities
Strategy, Planning and Management
- Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
- Provide insight and recommendations to both short-term and long-term growth plan of organization.
- Identify, acquire and implement systems and software to provide critical financial and operational information.
- Evaluate departments and make suggestions for automating processes and increasing working efficiency.
- Communicate, engage, and interact with Board of Directors, CEO and Executive Leadership Team.
- Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
- Serve as a key member of executive leadership team and round table discussion panel.
- Participate in pivotal decisions as they relate to strategic initiatives and operational models.
- Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.
- Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Financial Analysis, Budgeting and Forecasting:
- Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
- Review and analyse monthly financial results and provide recommendations.
- Identify, develop and execute analysis of business initiatives, product launches, tenders issued by government/private organisations and/or new service offerings.
- Develop and maintain monthly operating budget and annual company operating budget.
- Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
- Participate in weekly conference calls with KAM, Vendors and Executive Leadership Team.
Accounting, General Ledger, Administration and Operations:
- Coordination with GSC for time bound billing. receipts tagging and revenue reconciliation.
- Check and control revenue leakages and customer ledger reconciliation.
- Update customers master data, review revenue GLs in Oracle, monthly revenue and operating expenses provisioning.
- Custodian of Billing Commercials, customer agreements and commercials including commercials of local transportation, ensure smooth conduct of internal, statutory and third-party audits, resolve customers issues.
- Supervise the accounting department to ensure the proper functioning of all systems, databases, and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
- Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.
- Ensure timeliness and accuracy of financial and management reporting data for BU management, Rail PFT management, RO Finance, federal funders, foundations, investors, company’s board of directors.
- Oversee the preparation and timely filing of all local, state and federal tax returns.
- Work with Human Resources to ensure appropriate legal compliance.
- Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
- Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
- Enhance and implement financial and accounting systems, processes, tools and control systems.
Financial Management:
- Explore new business/investment opportunities and provide recommendations on potential returns and risks.
- Maintain outstanding relationships and strategic alliances with vendors and business partners.
- Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
Cash Management:
- Day to Day Collection Monitoring
- Supervise Accounts Receivable management and provide guidance relating to the collection process.
Qualifications & competencies -
- Good Communication skills in English language, both oral and written.
- Qualification – Chartered Accountant worked with Corporate or Firm in Accounting and Finance Profile - Minimum -5 years.
- To have very good knowledge of word, excel & PPT as well as software.