Finance Manager

Ensure proper, accurate, and timely maintenance of day-to-day accounting and financial records

Prepare monthly and annual financial statements and ensure timely finalization of the Balance Sheet

Perform general accounting activities including Journal Vouchers (JVs)

Maintain accounting records in SAP and ensure adherence to company accounting policies and Group policies and procedures

Introduce and implement best accounting practices and process improvements

Prepare management reports (MIS), financial analysis and other reports required by senior management and the Group

Assist in preparation of Long-Term Plans (LTP) and annual business plans (budgets) in co-ordination with other departments

Monitor actual expenditure against budgets and report variances with appropriate analysis

Analyze profitability and recommend measures for cost optimization

Monitor reimbursements receivable from various brands

Monitor accounting and provisions brand wise for discounts and various schemes

Manage Accounts Payable processes including vendor invoice verification, purchase order validation, payment processing and vendor reconciliations

Monitor vendor advances and recover excess payments where applicable

Handle Accounts Receivable reconciliation and communicate effectively with customers regarding outstanding balances

Prepare AR reports for monthly MIS and management review

Perform related party reconciliations in both vendor & customer accounts

Account for related party transactions in compliance with applicable accounting standards and company policies