Job Description

Finance ManagerCompany : PowerPlay
Location: BangaloreWe are Powerplay,India\'s 1st mobile app for construction. In simple words, it\'s the "Slack for Construction Industry". It replaces WhatsApp groups and helps the contractors to collect money faster by improving their site-to-office communication. Founded by IIT Roorkee alumni - Iesh Dixit and Shubham Goyal.Backed by industry experts and leading VCs like Sequoia, Accel, and India Quotient.Why join Powerplay
We are on a mission to empower construction workers with great design and technology to fasten Indian infrastructure development. The second largest industry in India - Construction is making a transition from pen and paper to digital, on Powerplay. So, if you want to help and impact the 16% of the working population of India employed in construction, you will love to work here. Also, each and every person who joins Powerplay absolutely loves what they do. Time just passes for us when we work. We believe that is the only way to do great work. If you resonate with this, come join us!About the role:A Chartered Accountant (CA) Finance Manager plays a crucial role in managing an organization\'s financial health and strategy. Their responsibilities typically encompass a broad range of tasks, including financial planning, analysis, and management. Here\'s a detailed overview of the roles and responsibilities of a CA Finance Manager:1. Financial Planning and Analysis
\xe2\x97\x8f Budgeting: Develop and oversee the annual budget process, including forecasting and setting financial targets.
\xe2\x97\x8f Financial Forecasting: Create financial forecasts and projections to support strategic planning and decision-making.
\xe2\x97\x8f Variance Analysis: Analyze budget variances and financial performance against the budget and forecasts, identifying and explaining significant deviations.2. Financial Reporting
\xe2\x97\x8f Preparation of Financial Statements: Prepare accurate and timely financial statements, including profit and loss accounts, balance sheets, and cash flow statements.
\xe2\x97\x8f Regulatory Compliance: Ensure financial reports comply with relevant accounting standards and regulatory requirements (e.g., IFRS, GAAP).
\xe2\x97\x8f Management Reporting: Provide detailed financial reports and insights to senior management and stakeholders.3. Cash Flow Management
\xe2\x97\x8f Cash Flow Monitoring: Oversee and manage the organization\'s cash flow to ensure sufficient liquidity for operational needs.
\xe2\x97\x8f Working Capital Management: Optimize working capital, including managing receivables, payables, and inventory.4. Financial Strategy and Risk Management
\xe2\x97\x8f Strategic Planning: Contribute to the development of the organization\'s financial strategy and long-term financial goals.
\xe2\x97\x8f Risk Management: Identify financial risks and develop strategies to mitigate them, including managing credit, market, and operational risks.5. Internal Controls and Audit
\xe2\x97\x8f Internal Controls: Establish and maintain strong internal controls to safeguard the organization\'s assets and ensure accurate financial reporting.
\xe2\x97\x8f Audit Coordination: Coordinate with external auditors and manage the audit process to ensure compliance and address any findings or recommendations.6. Tax Planning and Compliance
\xe2\x97\x8f Tax Strategy: Develop and implement tax strategies to optimize the organization\'s tax position while ensuring compliance with tax regulations.
\xe2\x97\x8f Tax Filing: Oversee the preparation and filing of tax returns and ensure timely payment of taxes.7. Investment and Capital Management
\xe2\x97\x8f Investment Analysis: Evaluate potential investment opportunities and provide recommendations based on financial analysis.
\xe2\x97\x8f Capital Structure: Manage the organization\'s capital structure, including debt and equity financing, to support growth and operational needs.8. Team Management and Development
\xe2\x97\x8f Team Leadership: Lead and manage the finance team, providing guidance, support, and performance evaluations.
\xe2\x97\x8f Training and Development: Identify training needs and opportunities for team members to enhance their skills and knowledge.9. Stakeholder Communication
\xe2\x97\x8f Investor Relations: Communicate with investors and stakeholders about financial performance, strategies, and forecasts.
\xe2\x97\x8f Cross-Department Collaboration: Work closely with other departments to provide financial insights and support their strategic objectives.10. Technology and Systems
\xe2\x97\x8f Financial Systems: Oversee the implementation and maintenance of financial systems and technologies to improve financial operations and reporting.
\xe2\x97\x8f Data Analysis: Utilize financial data analytics to drive insights and support decision-making. Skills and QualificationsRequirements
Chartered Accountant (CA): Certification as a Chartered Accountant or equivalent is essential, with 3-5 years of experience.
Financial Acumen: Strong understanding of financial principles, practices, and regulations. Analytical Skills: Ability to analyze complex financial data and trends.
Communication: Effective communication skills for presenting financial information and collaborating with stakeholders.
Leadership: Proven leadership and team management abilities.
Problem-Solving: Strong problem-solving skills and ability to make informed decisions.We\'ve Got Awesome Perks!\xe2\x97\x8f We always offer a competitive salary along with ESOPs.
\xe2\x97\x8f We have Sodexo of 5K per month to take care of you and it\'s on top of your CTC.
\xe2\x97\x8f Medical Insurance for you and your family, worth 7 Lakhs.
\xe2\x97\x8f Pet Insurance for your furry worth 1.5 Lakhs.
\xe2\x97\x8f The well-being of our team members is our topmost priority and for that, we offer 2.5K per month for working out from home or at the Gym of your choice.
\xe2\x97\x8f We dont track your leaves, we care about outcomes. So if you are responsible you make sure your outcome is not impacted when you are on leaves

Accel India