Finance Manager

Financial Accounting & Reporting

Ensure proper, accurate, and timely maintenance of day-to-day accounting and financial records

Prepare monthly and annual financial statements and ensure timely finalization of the Balance Sheet

Perform general accounting activities including Journal Vouchers (JVs)

Maintain accounting records in SAP and ensure adherence to company accounting policies and Group policies and procedures

Introduce and implement best accounting practices and process improvements

Prepare management reports (MIS), financial analysis and other reports required by senior management and the Group

Assist in preparation of Long-Term Plans (LTP) and annual business plans (budgets) in co-ordination with other departments

Monitor actual expenditure against budgets and report variances with appropriate analysis

Analyze profitability and recommend measures for cost optimization

Monitor reimbursements receivable from various brands

Monitor accounting and provisions brand wise for discounts and various schemes

Accounts Payable & Receivable

Manage Accounts Payable processes including vendor invoice verification, purchase order validation, payment processing and vendor reconciliations

Monitor vendor advances and recover excess payments where applicable

Handle Accounts Receivable reconciliation and communicate effectively with customers regarding outstanding balances

Prepare AR reports for monthly MIS and management review

Perform related party reconciliations in both vendor & customer accounts

Account for related party transactions in compliance with applicable accounting standards and company policies

Payroll & Employee Cost Accounting

Ensure accurate accounting of wages, salaries, incentives, allowances, statutory deductions and employee benefits

Ensure timely processing and disbursement of payroll and employee-related payments

Maintain accounting records relating to manpower costs and employee benefit obligations

Banking & Treasury

Coordinate foreign remittances and import-related payments with banks

Prepare stock statements, Financial Follow-up Reports (FFR), CMA data and other banking submissions

Statutory Compliance

Ensure timely payment of statutory dues including GST, TDS, TCS, PF, ESI, Professional Tax and other applicable statutory liabilities

Ensure compliance with Companies Act and other applicable financial regulations

Support statutory filings and ensure compliance without penalties or interest

Inventory & Fixed Asset Management

Conduct periodic inventory reconciliations and stock verification in coordination with warehouse team

Establish and monitor inventory management and stock verification processes

Maintain the Fixed Asset Register with complete details of asset location, movement, capitalization and disposal

Ensure physical identification, numbering and safeguarding of company assets

Audit & Compliance

Coordinate with internal auditors, statutory auditors and external consultants

Prepare audit schedules and provide necessary documentation during audits

Address audit observations and ensure timely closure of audit queries

Strengthening internal controls and compliance processes

Cash & Administrative Accounting

Monitor petty cash utilization and controls

Ensure proper documentation for banking and finance-related transactions

Additional Responsibilities

Support management with financial analysis and business insights through a 360-degree understanding of business operations

Participate in continuous improvement initiatives related to finance and accounting processes

Perform any additional finance, accounting or compliance responsibilities assigned by management from time to time

Required Skills & Competencies

Strong knowledge of Financial Accounting, Cost Accounting and Corporate Finance

6 to 8 years of experience

Hands-on experience with SAP ERP environment

Strong understanding of Indian Accounting Standards, GST, TDS, TCS, Companies Act and other statutory compliances

Experience in budgeting, forecasting, MIS reporting and financial analysis

Knowledge of inventory accounting, fixed asset accounting, payroll accounting and treasury operations

Experience in handling statutory and internal audit

Excellent analytical, problem-solving and organizational skills

Strong communication and stakeholder management abilities

Ability to work independently with minimal supervision

High attention to detail, integrity and commitment to deadlines