Finance Head

JD Head of Finance & Accounts

Position: Head Finance & Accounts

Company: Aspirare Communications Pvt Ltd

Industry: Telecommunications / ISP / Internet & Network Services

Department: Finance & Accounts

Reporting To: Managing Director / Director

Location: Bangalore

Employment Type: Full-time

Role Purpose

Aspirare Communications Pvt Ltd is looking for an experienced Finance Head to take complete ownership of the company's Finance & Accounts function, including books of accounts, financial reporting, taxation, statutory compliance, banking, cash flow, budgeting, MIS, receivables, payables, audits and financial controls.

The ideal candidate should be hands-on, capable of independently managing the finance function and ensuring that the company's books, financials and statutory compliances are accurate, timely and audit-ready.

Experience in Telecom, ISP, Broadband, IT/ITES, Network Infrastructure or Technology businesses will be strongly preferred.

Key Responsibilities

1. Complete Finance & Accounting Ownership

• Take overall responsibility for the company's Finance & Accounts function.
• Ensure accurate and timely maintenance of books of accounts.
• Supervise General Ledger, Accounts Payable, Accounts Receivable, fixed assets and bank accounting.
• Ensure monthly, quarterly and annual closing of accounts.
• Prepare/review P&L, Balance Sheet and Cash Flow statements.
• Ensure proper accounting policies and documentation are followed.
• Review accounting entries and ensure there are no material errors or unreconciled balances.

2. Telecom / ISP Revenue & Billing

• Monitor customer billing and revenue accounting.
• Reconcile billing system/customer invoices with accounting records.
• Ensure revenue is completely and correctly recorded.
• Review customer contracts, tariffs, recurring charges, installation charges and other revenue streams.
• Monitor revenue leakage and billing discrepancies.
• Work closely with Operations/Technical and Commercial teams on billing and revenue reconciliation.
• Establish strong controls over revenue recognition and customer collections.

Revenue assurance and reconciliation are particularly important in telecom-related finance roles. (Jio Careers)

3. Accounts Receivable & Collections

• Take ownership of customer outstanding and ageing.
• Monitor DSO, overdue receivables and collection efficiency.
• Conduct regular ageing reviews with the sales/commercial team.
• Establish credit limits and payment terms.
• Track major customer receivables and escalate high-risk accounts.
• Ensure timely receipt accounting and customer ledger reconciliation.
• Drive reduction in overdue outstanding.

4. Accounts Payable & Vendor Management

• Supervise vendor invoice processing and payments.
• Ensure proper verification and approval before payments.
• Maintain vendor reconciliations.
• Manage vendor ageing and payment schedules.
• Ensure TDS deductions and other applicable statutory deductions are correctly accounted for.
• Work with procurement and network/technical teams to control vendor costs.

5. GST, TDS & Taxation

• Ensure timely and accurate GST compliance, including reconciliation of input tax credit and output tax.
• Oversee GSTR-1, GSTR-3B and other applicable GST requirements.
• Ensure TDS deduction, payment and return compliance.
• Coordinate income-tax compliance and assessments with consultants.
• Review tax reconciliations and identify potential exposures.
• Monitor changes in taxation applicable to the business.

6. Banking & Treasury

• Manage day-to-day banking relationships.
• Monitor bank balances and liquidity.
• Prepare weekly/monthly cash-flow forecasts.
• Plan vendor, statutory and other payments.
• Manage working capital.
• Monitor loans, overdrafts, CC limits, bank guarantees and other banking facilities, where applicable.
• Prepare and review Bank Reconciliation Statements.

7. Financial Planning & MIS

• Prepare annual budgets and periodic forecasts.
• Monitor Actual vs Budget.
• Prepare monthly MIS for management.
• Analyse revenue, gross margin, EBITDA, operating expenses and cash flow.
• Prepare business-unit/customer/project profitability analysis where applicable.
• Identify cost overruns and recommend corrective actions.
• Provide management with actionable financial insights.

8. Cost Control

• Monitor network/infrastructure operating expenses.
• Analyse bandwidth, data centre, leased-line, tower/site, equipment, maintenance and other network-related costs.
• Review major vendor contracts from a financial perspective.
• Identify cost-saving opportunities without compromising service quality.
• Track CAPEX and OPEX separately.

9. Audit & Statutory Compliance

• Coordinate statutory audit, tax audit and internal audits.
• Prepare audit schedules and supporting documentation.
• Ensure timely closure of audit observations.
• Maintain proper financial records and audit trails.
• Coordinate with statutory auditors, tax consultants, bankers and other professional advisors.

10. Internal Controls & Financial Governance

• Establish and strengthen finance SOPs and approval processes.
• Implement maker-checker controls for accounting and payments.
• Ensure proper segregation of duties.
• Strengthen controls over revenue, collections, procurement, expenses and payments.
• Identify financial and operational risks and recommend corrective measures.

11. Team Management

• Lead and manage the Accounts/Finance team.
• Allocate responsibilities and establish timelines.
• Review team output for accuracy and completeness.
• Train team members on accounting, taxation and internal processes.
• Build a disciplined, process-driven finance function.

12. Management Support

• Work closely with the Managing Director and leadership team.
• Provide financial inputs for pricing, contracts, investments and expansion decisions.
• Evaluate financial viability of new projects/business opportunities.
• Support commercial negotiations with customers and vendors.
• Highlight financial risks and opportunities to management.

Key Deliverables / KPIs

• Books of accounts updated and accurate.
• Monthly closing completed within agreed timelines.
• Accurate P&L, Balance Sheet and Cash Flow reporting.
• Zero/low unreconciled bank, customer and vendor balances.
• Timely GST, TDS and other statutory compliances.
• Reduction in overdue receivables and DSO.
• Improved collection efficiency.
• Accurate cash-flow forecasting.
• Budget vs actual variance monitoring.
• Timely completion of statutory and tax audits.
• Zero major financial-control lapses.
• Improved finance processes and automation.
• Accurate customer billing and revenue reconciliation.

Candidate Profile

Education

• CA preferred, particularly for a true Finance Head role.
• Alternatively, CMA / M.Com / MBA Finance / B.Com with strong hands-on experience may be considered depending on the size and complexity of the business.

Experience

• Ideally 1015 years of relevant Finance & Accounts experience.
• At least 3–5 years in a Finance Manager / Senior Finance Manager / Head of Finance / equivalent leadership position.
• Experience managing the complete accounting cycle through finalisation is essential.
• Experience in Telecom / ISP / Broadband / IT / Technology / Infrastructure is highly desirable.

Mandatory Technical Skills

• Strong accounting and finalisation knowledge.
• GST and TDS.
• Income-tax compliance.
• Bank reconciliation.
• AR/AP management.
• Cash-flow and working-capital management.
• Budgeting and forecasting.
• MIS and financial analysis.
• Audit management.
• Internal financial controls.
• Advanced MS Excel.
• Experience with Zoho Books software.
• Ability to reconcile operational billing systems with financial books.

Preferred Telecom / ISP Experience

The candidate should ideally understand:

• Broadband/ISP customer billing
• Recurring subscription revenue
• Enterprise/corporate customer billing
• Leased-line/internet revenue
• Bandwidth and network-related costs
• Data-centre/network infrastructure expenses
• Customer deposits and advances
• Revenue reconciliation
• Customer ageing and collections
• CAPEX accounting for network equipment
• Vendor/service-provider reconciliation
• Multi-location/state-wise GST implications, where applicable

Ideal Candidate

We are looking for someone who can personally take charge of the company's finance function — not someone who only reviews reports prepared by a team.

The person should be:

• Hands-on and detail-oriented
• Strong in accounting fundamentals
• Commercially aware
• Strong in taxation and compliance
• Comfortable with numbers and MIS
• Proactive in cash-flow and collections management
• Capable of dealing with auditors, banks, customers, vendors and consultants
• Able to build processes and controls
• Comfortable working directly with the promoters/MD
• Strong in Excel and accounting/ERP systems