Symbo- Senior Finance Manager

Job Description – Senior Finance Manager

Location: Andheri East, Mumbai(Hybrid)

About Symbo

Symbo(https://www.symbo.co/) is an embedded insurance platform helping fintechs and NBFCs offer relevant and contextual insurance products seamlessly within their lending journeys. We work with India’s leading digital lenders, credit platforms, and consumer finance companies to reduce credit risk, enhance user experience, and unlock new revenue. Our comprehensive product portfolio, coupled with our powerful CoverGateway API platform makes us the trusted coverage partner for some of India’s leading ecommerce, logistics, retail and fintech brands. Founded in the year 2017, we are a team of over 100 people with offices in Mumbai and Delhi. Symbo is backed by reputed VCs like Integra partners, Insignia ventures, AJ capital and Credit Ease.

Role Purpose
The Finance Manager will be responsible for financial planning, reporting, compliance, cash flow management, process improvements, ERP implementation, and team leadership to support management decision-making and ensure strong financial governance.

Key Responsibilities
1. Financial Planning & Budgeting
- Prepare annual budgets in collaboration with department heads.
- Drive rolling forecasts and quarterly re-forecasting based on business performance.
- Monitor budget vs. actuals monthly and analyze variances with clear justifications.
- Identify cost optimization and margin improvement opportunities across departments
- Support management with financial insights for planning and cost control.
2. Financial Reporting & Management Reporting
- Prepare and present MIS reports to senior management for decision-making.
- Ensure closure of books within defined timelines -
- Prepare ad-hoc financial and operational reports as required.
- Liaise with auditors for statutory and tax audits.
3. Taxation & Compliance
- Ensure timely and accurate filing of GST, TDS, Income Tax returns, and other statutory compliances.
- Monitor changes in tax laws and ensure organizational compliance.
4. Accounts Payable & Receivable
- Monitor receivables and outstanding reports to ensure healthy working capital.
- Manage vendor payments in line with contractual terms including rent, housekeeping, and other services.
- Ensure proper controls over payables and receivables.
5. Cash Flow & Treasury Management
- Forecast weekly, and monthly cash flow requirements.
- Manage banking relationships, working capital limits, and financial instruments.
- Oversee allocation and investment of surplus funds.
6. Process Improvement & Controls
- Lead finance automation initiatives (AP, AR, reconciliations, reporting).
- Review accounting processes and recommend efficiency improvements including revenue reconciliation and expense automation.
- Ensure accurate and timely recording of all financial transactions.
- Strengthen internal controls and risk management processes.
7. Team Leadership & Coordination
- Supervise and mentor the accounts and finance team.
- Coordinate with cross-functional teams to ensure smooth financial operations.
- Drive accountability and performance within the finance function.
8. Audit & Liaison
- Coordinate with statutory auditors to ensure smooth audit completion.
- Ensure audit observations are addressed and implemented within defined timelines.
- Coordinate with Company Secretary to ensure all regulatory compliances are completed on time.

Key Skills & Competencies
- Strong financial planning, reporting, and compliance knowledge.
- Experience with ERP systems and process automation.
- Power BI/ Advanced excel skills would be a good add on.
- Strong analytical, communication, and leadership skills.
- Ability to work closely with senior management and cross-functional teams.