Finance Manager

Job Summary

We are looking for an experienced and detail-oriented Finance Manager to oversee the organization's financial operations, accounting, taxation, statutory compliance, budgeting, financial reporting, and audit functions. The candidate will be responsible for ensuring financial accuracy, maintaining regulatory compliance, strengthening internal controls, and providing strategic financial insights to support business growth and profitability.

The ideal candidate should possess strong expertise in accounting standards, financial statement finalization, GST, TDS, income tax, internal and statutory audits, MIS reporting, cash flow management, and team leadership.

Key Responsibilities

1. Financial Management & Accounting Operations

• Oversee end-to-end accounting operations, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and bank reconciliations.
• Review journal entries, ledger scrutiny, trial balances, and financial transactions to ensure accuracy.
• Ensure proper documentation, record maintenance, and adherence to accounting standards.
• Monitor banking transactions, fund flow, liquidity, and financial controls.

2. Audit & Internal Controls

• Plan, coordinate, and manage internal audits, statutory audits, and tax audits.
• Conduct periodic financial reviews, transaction audits, ledger verification, and compliance checks.
• Identify financial discrepancies, control weaknesses, and potential risks, and recommend corrective actions.
• Ensure audit readiness, maintain supporting documentation, and close audit observations within defined timelines.
• Coordinate with external auditors, consultants, and other stakeholders.
• Develop and implement effective internal financial controls and risk mitigation procedures.

3. Financial Reporting & MIS

• Prepare, review, and finalize monthly, quarterly, and annual financial statements.
• Lead month-end and year-end closing activities.
• Develop MIS reports, financial dashboards, and key performance indicators for management review.
• Conduct budget-versus-actual variance analysis and provide actionable financial insights.
• Analyze business profitability, operating costs, and financial performance.

4. Taxation & Statutory Compliance

• Ensure timely and accurate filing of GST, TDS, income tax, and other applicable statutory returns.
• Ensure compliance with the Companies Act, ROC filings, and other applicable regulatory requirements.
• Coordinate tax assessments, notices, departmental queries, and compliance-related matters.
• Monitor changes in tax laws and accounting regulations and ensure timely implementation.
• Support tax planning and identify opportunities for lawful tax optimization.

5. Budgeting, Forecasting & Financial Planning

• Lead annual budgeting and periodic forecasting activities.
• Monitor departmental budgets, expenditure, and financial performance.
• Conduct financial modelling, scenario analysis, feasibility studies, and ROI assessments.
• Identify cost optimization opportunities and recommend measures to improve profitability.
• Support management in business planning, investment decisions, and expansion strategies.

6. Cash Flow & Working Capital Management

• Monitor daily cash flow, fund requirements, and liquidity positions.
• Manage working capital, receivables, payables, credit control, and collection cycles.
• Analyze ageing reports and implement measures to improve collections.
• Coordinate with banks and financial institutions regarding banking operations and credit facilities.
• Track inventory costs, consumption, and product-wise profitability, wherever applicable.

7. Team Management & Process Improvement

• Lead and supervise the finance and accounts team.
• Allocate responsibilities, establish performance standards, and monitor team productivity.
• Improve accounting processes, financial controls, and reporting accuracy.
• Drive ERP utilization, process automation, and improvements in financial reporting.
• Maintain confidentiality, professional integrity, and compliance with company policies.

Required Skills & Technical Expertise

• Strong knowledge of Indian Accounting Standards / Indian GAAP and IFRS, wherever applicable.
• In-depth understanding of GST, TDS, income tax, ROC filings, and statutory compliance.
• Expertise in financial statement preparation, review, and finalization.
• Practical experience in internal audit, statutory audit coordination, and financial control reviews.
• Proficiency in Tally, ERP systems, and Advanced Microsoft Excel.
• Strong MIS reporting, financial analysis, budgeting, and forecasting skills.
• Knowledge of working capital management, cash flow planning, costing, and profitability analysis.
• Strong analytical, problem-solving, communication, and leadership skills.
• High attention to detail, integrity, and the ability to manage multiple priorities under tight deadlines.

Key Performance Indicators (KPIs)

• Timely and accurate financial reporting and month-end closure.
• Timely completion of statutory filings and compliance requirements.
• Successful audit completion with minimal audit observations.
• Improved cash flow, receivables recovery, and working capital efficiency.
• Effective budget monitoring and cost control.
• Strengthened internal controls and reduced financial discrepancies.