Sr. Manager / DGM Finance & Accounts

Responsibilities:

Budgetary Planning and Monitoring:

• Support business leaders in budget preparation and planning.
• Facilitate the reduction of working capital expenditure and overheads through effective budgeting, monitoring, and controlling.

Cost Analysis and Optimization:

• Conduct cost analyses and identify opportunities for cost reduction.
• Implement financial strategies to optimize costs while maintaining operational efficiency.

Financial and Project Accounting:

• Contribute to Projects / Business Unit finance and accounting.
• Ensure month end close process and monthly forecasting process working with business teams.
• Preparation of monthly, quarterly and annual financial statements for the Projects / business unit.
• Ensure accurate and timely financial records for large-scale projects / business unit.

Cash Flow and Financial Transactions:

• Monitor cash flows, accounts, and other financial transactions to ensure smooth operations.
• Manage receivables and payables effectively.

Compliance and Reporting:

• Ensure compliance with statutory regulations, audits, and financial reporting standards.
• Coordinate with external financial, compliance, and tax auditors to ensure smooth audits.
• Present monthly, quarterly, and annual financial statements, forecasting packs, and KPI monitoring reports.
• Conduct accounting due diligence for major procurements.

MIS and Performance Monitoring:

• Monitor and report financial and non-financial performance against budgets.
• Provide actionable insights through robust MIS systems.

Financial Controls and Strategies:

• Implement robust financial controls to maintain transparency and efficiency.
• Develop and execute strategies to optimize financial processes across the business.

Qualifications

• CA (mandatory).
• Consistent first-class academic records throughout education.
• 15 to 20 years of relevant experience, with a minimum of 5 years in industries similar to L&T’s operations (e.g., L&T Construction, L&T Energy – EPC, Industrial Manufacturing)
• Proven track record in handling accounts and financial function
• Strong knowledge of business finance, accounting principles, project-level accounting, Cash flow management, working capital management, Financial analysis
• Excellent analytical and problem-solving skills.
• Proficient in leadership, communication, and stakeholder management.
• Ability to thrive in a dynamic and challenging environment.