Finance Manager

Key ResponsibilitiesFinancial Accounting & ReportingEnsure proper, accurate, and timely maintenance of day-to-day accounting and financial recordsPrepare monthly and annual financial statements and ensure timely finalization of the Balance SheetPerform general accounting activities including Journal Vouchers (JVs)Maintain accounting records in SAP and ensure adherence to company accounting policies and Group policies and proceduresIntroduce and implement best accounting practices and process improvementsPrepare management reports (MIS), financial analysis and other reports required by senior management and the GroupAssist in preparation of Long-Term Plans (LTP) and annual business plans (budgets) in co-ordination with other departmentsMonitor actual expenditure against budgets and report variances with appropriate analysisAnalyze profitability and recommend measures for cost optimizationMonitor reimbursements receivable from various brandsMonitor accounting and provisions brand wise for discounts and various schemesAccounts Payable & ReceivableManage Accounts Payable processes including vendor invoice verification, purchase order validation, payment processing and vendor reconciliationsMonitor vendor advances and recover excess payments where applicableHandle Accounts Receivable reconciliation and communicate effectively with customers regarding outstanding balancesPrepare AR reports for monthly MIS and management reviewPerform related party reconciliations in both vendor & customer accountsAccount for related party transactions in compliance with applicable accounting standards and company policies Payroll & Employee Cost AccountingEnsure accurate accounting of wages, salaries, incentives, allowances, statutory deductions and employee benefitsEnsure timely processing and disbursement of payroll and employee-related paymentsMaintain accounting records relating to manpower costs and employee benefit obligationsBanking & TreasuryCoordinate foreign remittances and import-related payments with banksPrepare stock statements, Financial Follow-up Reports (FFR), CMA data and other banking submissionsStatutory ComplianceEnsure timely payment of statutory dues including GST, TDS, TCS, PF, ESI, Professional Tax and other applicable statutory liabilitiesEnsure compliance with Companies Act and other applicable financial regulationsSupport statutory filings and ensure compliance without penalties or interestInventory & Fixed Asset ManagementConduct periodic inventory reconciliations and stock verification in coordination with warehouse teamEstablish and monitor inventory management and stock verification processesMaintain the Fixed Asset Register with complete details of asset location, movement, capitalization and disposalEnsure physical identification, numbering and safeguarding of company assetsAudit & ComplianceCoordinate with internal auditors, statutory auditors and external consultantsPrepare audit schedules and provide necessary documentation during auditsAddress audit observations and ensure timely closure of audit queriesStrengthening internal controls and compliance processesCash & Administrative AccountingMonitor petty cash utilization and controlsEnsure proper documentation for banking and finance-related transactionsAdditional ResponsibilitiesSupport management with financial analysis and business insights through a 360-degree understanding of business operationsParticipate in continuous improvement initiatives related to finance and accounting processesPerform any additional finance, accounting or compliance responsibilities assigned by management from time to timeRequired Skills & CompetenciesStrong knowledge of Financial Accounting, Cost Accounting and Corporate Finance6 to 8 years of experienceHands-on experience with SAP ERP environmentStrong understanding of Indian Accounting Standards, GST, TDS, TCS, Companies Act and other statutory compliancesExperience in budgeting, forecasting, MIS reporting and financial analysisKnowledge of inventory accounting, fixed asset accounting, payroll accounting and treasury operationsExperience in handling statutory and internal auditExcellent analytical, problem-solving and organizational skillsStrong communication and stakeholder management abilitiesAbility to work independently with minimal supervisionHigh attention to detail, integrity and commitment to deadlines