Larsen & Toubro Ltd

Finance Operations Lead

Larsen & Toubro Ltd
Bengaluru/Bangalore
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 5 yearsMin. 5 years

Job Description

Finance operations Lead

  • Facilitate preparation of annual budgets, review and adhere to the budgets for each business/department/project 
  • Ensure financial accounting and cash flow management through SAP– 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 
  • Capex Tracking & Asset Governance - Monitor capex budgets, approvals, utilization, and post-investment reviews. Track capex vs plan, identify delays, overruns, and ROI deviations.
  • 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 Customs / 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

Job role

Work location
Work locationBengaluru
Department
DepartmentFinance & Accounting
Role / Category
Role / CategoryAccounting & Taxation
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 5 years

About company

Name
NameLarsen & Toubro Ltd
Job posted by Larsen & Toubro Ltd

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