Financial reporting Team Lead

Larsen & Toubro


Date: 2 weeks ago
City: Chennai, Tamil Nadu
Contract type: Full time
  • Facilitate preparation of annual budgets, review and adhere to the budgets for each business/department/project
  • Ensure financial accounting and cash flow management – guide and facilitate financial accounting for development and maintenance of systems, build internal control and checks, resolve accounting related issues, compliance with accounting policies and standards, liasoning with internal and external auditors, coordinate with corporate accounts & taxation teams, monitor cash-flows, conduct periodic reviews for a timely closure of quality & error free quarterly and annual accounts, timely release of Performance reports
  • Analyse the schedules relating to Profit & Loss Account and Balance sheet for suitable decision making and correct reporting
  • Monthly reporting of performance parameters to the management to review the financial soundness, periodic analysis of financial ratios and appropriate interventions for improvements wherever required
  • Working Capital Management - monitor collections and outstanding, obtain optimum level of vendor credits, review Sales Over Invoicing, release funds blocked in current assets, prepare monthly cash budgets to align with working capital
  • Risk Management - Execution risks, new country clearances, manage financial exposures and risks, forex and commodity risk management, hedge the exposures in forex and commodity
  • Dealing with GST / Tax Authorities for proper tax assessments, dealing with clients to ensure contractual obligations, negotiation with clients / vendors for commercial terms, negotiations with bankers for financing
  • People Development - To develop a strong Finance, Accounts & Administration team to support and grow business

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Cyber Security Analyst - L4

Wipro, Chennai, Tamil Nadu
1 day ago
Job description:Job Description Role PurposeThe purpose of this role is to analyse, identify, rectify & recommend specific improvement measures that help in the security posture of the organization by protecting the sensitive information ͏ DoEnsuring customer centricity by providing apt cybersecurity Monitoring and safeguarding the log sources and security accessPlanning for disaster recovery in the event of any security breachesMonitor...

Lead Applications Architect (Location - Chennai)

UPS, Chennai, Tamil Nadu
4 days ago
Before you apply to a job, select your language preference from the options available at the top right of this page.Explore your next opportunity at a Fortune Global 500 organization. Envision innovative possibilities, experience our rewarding culture, and work with talented teams that help you become better every day. We know what it takes to lead UPS into tomorrow—people with...

Data & AI Software Engineer

Gen, Chennai, Tamil Nadu
4 days ago
Who Are We?We're more than just a company; we're a global leader in digital safety. With a strong commitment to ensuring that everyone can navigate the digital world securely, we unite the best minds and cutting-edge technology through our family of brands: Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. Together, we protect over 500 million people worldwide. Our workplace...