Manager - Finance

Job Description

We are looking for a highly skilled Manager - Finance and Accounts to join our Finance department on full-time basis. The ideal candidate will manage financial & accounting operations on a day-to-day basis, including budgeting, financial reporting, and tax compliance, audits while ensuring adherence to industry regulations and best practices. The role requires strong leadership skills to guide and support the finance team in achieving organizational goals. The candidate should have a keen eye for detail, strategic thinking, and the ability to collaborate with cross-functional teams to drive business growth.

Job Location : Turbhe, Navi Mumbai

About Torrent Group: Torrent Diagnostics Ltd is the new business arm of the multi-billion-dollar Torrent Group, which has a significant presence in Pharma, Power Generation, Transmission & Distribution, Research, and Cable Manufacturing. Torrent Pharma, the flagship company, is a leading pharmaceutical firm with operations in 40 countries, including major setups in the US, Europe, and Brazil. Leveraging the group's deep understanding of the Indian healthcare ecosystem, Torrent Diagnostics aims to disrupt the diagnostics landscape in India with innovative strategies and tech-driven solutions.

Job Responsibilities:

1. Financial Reporting & Consolidation:
Prepare and manage standalone and consolidated financial statements, including balance sheets, profit & loss statements, and cash flow reports, ensuring accuracy and compliance with applicable accounting standards.

2. Budgeting & Forecasting:
Lead the annual budgeting process and provide periodic financial forecasts to support strategic planning and efficient resource allocation.

3. Cost Management & Control:
Monitor operational costs, identify costoptimization opportunities, and implement control measures to enhance financial performance while maintaining service quality.

4. Cash Flow & Treasury Management:
Manage cash flow planning, ensure timely vendor and statutory payments, optimize liquidity, and support operational and expansion requirements.

5. Regulatory Compliance & Risk Management:
Ensure adherence to industry-specific financial regulations and strengthen internal controls to mitigate financial and operational risks.

6. Audit Management:
Lead statutory, internal, and compliance audits, coordinate with auditors, and ensure timely closure of audit observations and action points.

7. Team Leadership & Development:
Supervise and mentor the finance team, providing guidance, training, and performance management to achieve departmental goals.

8. Stakeholder Reporting & Communication:
Present financial analysis and insights to senior management, support strategic decisionmaking, and provide updates on financial performance and key KPIs.

Preferred candidate profile

• CA (Chartered Accountant) with 10+ years of experience in financial reporting, consolidation of accounts, budgeting, forecasting, and cost management, ideally in healthcare or diagnostics industry.
• A strong understanding of tax laws, statutory regulations, audit processes, and cash flow management is essential.
• Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills are required.

More Info

Education