Finance Manager

Job Title: Finance Manager

Location: Bommenahalli, Bangalore

Industry: Apparel Retail (EBO, MBO & Online)

Preference Criteria: Local candidates based in Bangalore are highly preferred. Candidates with prior experience in the Retail industry or a similar industry (Apparel, FMCG, E-commerce, Consumer Products) will be given strong preference.

About the Industry

The organisation operates in the sustainable apparel and fashion retail space, crafting premium clothing from 100% organic cotton, khadi, and pure linen certified under recognised organic textile and khadi industry standards. The brand is built on a mission to make timeless, sustainable fashion mainstream, and sells across Exclusive Brand Outlets (EBO), Multi-Brand Outlets (MBO), and E-commerce channels.

It is backed by an established garment manufacturing group with nearly three decades of experience, a workforce of over 1,400 employees, and a track record of producing for well-known global fashion brands. This combination gives the organisation the agility of a young, purpose-driven brand along with the stability, manufacturing excellence, and supply chain strength of a mature industry player.

Role Overview

The Finance Manager will be responsible for managing end-to-end finance operations, ensuring strong accounting controls, timely reporting, statutory compliance, and effective working capital management across EBO, MBO, and online channels.

Key Responsibilities

• Oversee day-to-day accounting activities including sales, purchases, expenses, provisions, and accruals.
• Ensure accurate and timely month-end and year-end closure.
• Maintain proper books of accounts in line with accounting standards.
• Monitor billing, collections, and reconciliation for EBO, MBO, and online channels.
• Review accounts reconciliation with MBO partners, distributors, and marketplaces.
• Review discounts, schemes, and credit notes in coordination with sales teams.
• Supervise vendor payments and ensure adherence to credit terms and approval matrix.
• Review vendor reconciliations and resolve differences.
• Ensure proper documentation and approvals before releasing payments.
• Monitor advances to vendors and ensure timely adjustment.
• Manage daily cash flow, fund planning, and bank balances.
• Oversee banking transactions, payment processing, and bank reconciliations.
• Monitor working capital and support management with cash flow forecasts.
• Ensure compliance with GST, TDS, income tax, and other statutory requirements.
• Coordinate with consultants and auditors for returns, audits, and assessments.
• Ensure timely filing of returns and closure of audit points.
• Support in monthly MIS, financial statements, and variance analysis.
• Support budgeting, forecasting, and cost control initiatives.

Candidate Profile

• Qualified CA is mandatory.
• 8-12 years of relevant experience post-qualification, preferably in retail/apparel.
• Strong knowledge of accounting, taxation, and working capital.
• Good Excel and ERP/accounting system skills.
• Experience managing a finance team.

Local candidates based in Bangalore are highly preferred.
Candidates with prior experience in Retail or a similar industry (Apparel, E-commerce, Consumer Products) will be given preference.