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Job TitleSr. Manager – Accounts & Finance
About Employer
BHIVE Workspace is a PropTech company focussed on commercial real estate. We started out as the oldest coworking brand of Bangalore and it is now one of the largest chain of coworking spaces in Bangalore. It was established in the year 2014. We have a presence in multiple key locations of Bangalore on track to expand to multiple other key locations of Bangalore. Beyond coworking, we have entered other flexible leasing products like managed office and enterprise leasing solutions. We are also on track to enter asset heavy real estate models by the end of 2020.
Industry: Real Estate
Job Summary
Senior Management role in a rapidly growing, financially stable start up. Requires the position to take complete ownership of the Finance function.
You would work directly with the Co-Founders in a very challenging and dynamic environment, providing ample opportunity for growth and contribution to decision making. Great learning opportunity as a result of pace of growth, innovativeness required for financial structuring and ongoing migration from legacy accounting systems to a new age software.
Job Responsibilities
- Ensure statutory compliance of Tax deducted at source, Goods and Service Tax, Employee’s Provident Fund, and Employees State Insurance.
- Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPOs (Goals Program)
- Ensure an up to date cash flow projection is maintained and maximizes cash flow performance by controls on inventory, credit and collection, disbursements, deposits and remittances
- Ensure excess cash is managed to maximize earning potential
- Carry out quarterly review of purchases and stores to optimize purchase and cut down wastage
- Prepares outlooks for forthcoming months and forecasts for the remainder of the year
- Prepares monthly MIS Dashboard of actual results against budget, analyse results and recommend to Founders on measures required to meet budget
- Preparation of consolidated Balance sheet of the group combining all the units and subsidiaries.
- Implement and review financial controls and policies
- Design internal reporting systems required by the department and the company
- Evaluate existing internal control measures that apply to accounting procedures and computer systems as per Policies and Procedures
- Employ adequate internal control procedures to ensure correct authorization for payment procedures
- Manage internal and external audits when they occur
- Manage team and liaise with stakeholders – Auditor, CS and Software provider to ensure compliance and accuracy of Accounts
- Obtains appropriate legal counsel regarding the business practices of the company and maintains an awareness of local laws, rules and regulations
- Follows up on all capital expenditures to ensure compliance with original justification and approval
- Knowledge of US GAAP would be an advantage
Education Qualification
CA Inter or equivalent
Experience Required
6 – 14 years (14+ years will not be considered)
Key Competencies Required
- Effective Communicator – position will work closely with Co-Founders, Partners and Investors
- Result Oriented and Metric Driven – to manage the team
- Strong Business Acumen – To be able to oversee Business Finance as well in the medium term
- Should be able to work in a rapidly changing and high pressure work environment of a startup.
Location
Bangalore, Karnataka, India
How to Apply
Please send your CV to hr@bhiveworkspace.com with the subject “Application for the post of Sr. Manager – Accounts & Finance – CA Inter”.
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