Hyderabad Calling For Finance Jobs

Hyderabad, the city of Pearls, is the second largest metropolis in India. The city houses Microsoft’s biggest R&D facility outside USA, in addition to various other IT industries. Biotechnology and pharmaceutical firms have their operations in Hyderabad owing to its established public sector in Life Science Research and the Genome Valley. A prominent real estate hub, Hyderabad is also home to the Telugu Film Industry, popularly known as Tollywood.

From the economic point of view, Hyderabad is one of India’s prominent Information Technology hubs and a Biotechnology and pharmaceutical hub. The city is home to more than 1,300 IT firms, including Facebook, Microsoft, Google and Amazon. Hyderabad’s IT industry contributes to the most of Andhra Pradesh's revenue. Therefore, owing to the huge upsurge in the demand for jobs in Hyderabad, in this article we’ll focus on senior finance jobs in Hyderabad.

What does it take to apply for a typical senior finance position?

Qualification holds a high importance for a senior Finance profile. Professionals with a strong background in finance, for example an MBA (Finance) or experienced Chartered Accountants or certified Public Accountants can apply for senior finance roles.

Candidates applying to leadership roles in finance are expected to take up the following responsibilities:

• Planning, Budgeting, & Forecasting
  

• A senior finance professional drives the Annual Goal Setting & Budgeting exercise of an organisation by providing accurate data and analysis. He/She should be able to establish and operate a robust financial planning assessment and forecasting system. The candidate is expected to formulate budgets and conduct variance analysis to determine difference between projected & actual figures.
  

• Finance and Accounting
  

Managing the Finance & Accounts function involves designing & implementing systems, policies & procedures to facilitate internal/external financial controls. The individual also handles the overall accounting process including Accounts payable, Accounts Receivable, Income tax, T.D.S., Sales tax, Balance sheet finalization. P&L accounting & analysis.

• Controlling, Auditing, Reporting & MIS
  

A key facet of the role is formulation & implementation of MIS & monitoring key business indicators to facilitate decision-making. A senior finance professional is responsible for maintain MIS reports and providing feedback to top management on financial performance, viz., Fund Management, Fund Flow & Cash Flow, Budgets ,Credit Control Administration. Detailed and in-depth MIS reporting on Daily and Monthly basis as required by Management namely EVA calculations, Balance Score Card reports etc is a critical aspect of the role.

• Statutory Compliance/ Taxation
  

It is also the responsibility of the senior to ensure that all statutory reporting to FI’s, Banks, RBI and other agencies relating to financial transactions is accurately completed in a timely manner.

In addition candidates may be required to have specialist skills – for example a role could call for candidates to have a good knowledge of global economic scenarios or knowledge of various fund raising options both in debt and equity markets globally. He/She should have the knowledge of various fund raising options both in debt and equity markets globally. Some roles may require candidates to have hands on experience in dealing with foreign currency transactions with knowledge of various products available globally.

About Author: Hyderabad, the city of Pearls, is the second largest metropolis in India. The city houses Microsoft’s biggest R&D facility outside USA, in addition to various other IT industries.

Article Source: ArticlesAlley.com