Finance Manager

JOB DESCRIPTION – FINANCE MANAGER

Position: Finance Manager
Department: Finance & Accounts
Location: Thrissur, Kerala
Employment Type: Full-Time
Experience: 10 Years
Industry: Construction / Real Estate

Job Summary

We are looking for an experienced and detail-oriented Finance Manager to manage the company's financial operations, accounting activities, reporting, budgeting, cash flow, statutory compliance, and financial controls. The Finance Manager will ensure accurate financial records, effective financial planning, and timely reporting to management.

Key Responsibilities

1. Financial Management

• Manage day-to-day financial operations of the company.
• Monitor cash flow, fund requirements, receivables, and payables.
• Prepare and monitor budgets, forecasts, and financial plans.
• Ensure proper utilization and control of company funds.
• Provide financial analysis and recommendations to management.

2. Accounting & Reporting

• Oversee accounting entries, ledgers, journals, and reconciliations.
• Review monthly, quarterly, and annual financial statements.
• Prepare MIS reports and financial dashboards for management.
• Monitor project-wise income, expenses, profitability, and financial performance.
• Ensure accurate and timely closing of accounts.

3. Construction Project Finance

• Monitor project-wise budgets and actual expenditures.
• Track construction costs, material purchases, contractor payments, and project expenses.
• Review project cost overruns and variances.
• Coordinate with Project, Purchase, QS, and Operations teams regarding financial matters.
• Monitor work bills, contractor payments, advances, and settlements.

4. Accounts Receivable & Payable

• Monitor customer collections and outstanding receivables.
• Review payment schedules and vendor/contractor outstanding balances.
• Ensure timely processing of approved vendor and contractor payments.
• Maintain proper documentation for all financial transactions.

5. Statutory Compliance

• Ensure timely compliance with applicable statutory requirements.
• Coordinate GST, TDS, PF, ESI, income tax, and other applicable compliance matters.
• Coordinate with auditors, tax consultants, banks, and government authorities when required.
• Maintain proper records and documentation for audits and statutory requirements.

6. Banking & Treasury

• Manage banking transactions and relationships with banks.
• Monitor bank balances and daily cash positions.
• Handle bank reconciliations and payment approvals.
• Assist management with working capital and financing requirements.

7. Internal Controls & Audit

• Establish and maintain effective financial controls.
• Identify financial risks, discrepancies, and irregularities.
• Support internal, statutory, and tax audits.
• Ensure proper authorization and documentation of financial transactions.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports
• Cash-flow management and working-capital control
• Timely statutory compliance
• Reduction in outstanding receivables
• Timely vendor and contractor payment processing
• Project budget vs. actual cost monitoring
• Audit compliance and closure of audit observations
• Accuracy of MIS and management reports
• Financial control and reduction of accounting discrepancies

Required Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or a related field.
• CA Inter / CMA / M.Com / MBA Finance will be an added advantage.
• 10 years of relevant experience in Finance & Accounts.
• Experience in construction, real estate, infrastructure, or project-based organizations is preferred.
• Strong knowledge of accounting principles, taxation, GST, TDS, and financial reporting.
• Experience with accounting/ERP software and advanced Excel.

Required Skills

• Financial planning and analysis
• Budgeting and forecasting
• Cash-flow management
• MIS reporting
• GST and TDS knowledge
• Project cost control
• Bank reconciliation
• Audit coordination
• Team management
• Advanced MS Excel
• Strong analytical and problem-solving skills
• Good communication and coordination skills
• High level of accuracy and confidentiality

Reporting

Reports To: General Manager / Managing Director / Director – Finance

Preferred Candidate Profile

The ideal candidate should be highly organized, financially analytical, commercially aware, and capable of independently managing finance and accounting operations in a fast-paced construction/real-estate environment.

Job Type: Permanent

Pay: Up to ₹70,000.00 per month

Education:

• Bachelor's (Required)

Experience:

• Construction industry: 10 years (Required)

Work Location: In person