Assistant Manager – Finance And Svps

ASSISTANT MANAGER –FINANCE AND SVPs

JOB PURPOSE

To oversee and manage financial operations including Accounts Payable, Accounts Receivable, General Ledger, Taxation, and Reporting for SVPs, ensuring compliance, accuracy, and timely execution of financial processes.

SPECIFIC RESPONSIBILITIES

• Accounts Payable (AP) Management
• Process vendor bills and ensure accurate and timely payments after verification.
• Track due dates, aging reports, and coordinate with suppliers for any discrepancies.
• Manage credit terms and resolve payment-related queries from vendors or outlet teams.
• Maintain a well-organized filing system for all purchase invoices and payment vouchers.
• Accounts Receivable (AR) Management
• Generate and issue customer invoices (aggregators, corporates, catering, etc.).
• Follow up for timely collections and maintain records of receipts.
• Track outstanding balances and reconcile customer accounts regularly.
• Coordinate with store managers to validate sales entries and credit notes.
• Manage accounts receivable operations including credit control, debtor management, payment reconciliation, and follow-ups to ensure timely collections and accurate financial records.
• Ensure compliance and financial analysis by maintaining regulatory adherence in AR processes, overseeing taxation matters, and analysing financial data to identify trends and drive improvements.
• General Ledger & Journal Entries
• Record accurate journal entries, including adjustments, accruals, and petty cash settlements.
• Assist in monthly closing activities, supporting P&L and Balance Sheet accuracy.
• Perform bank reconciliations, supplier ledger matching, and inter-company reconciliations.
• Taxation & Statutory Compliance
• Assist in GST calculations, input credit reconciliation, and timely return filings.
• Support TDS deduction and filings as per compliance.
• Coordinate with external auditors for periodic and statutory audits.
• Reporting & MIS
• Prepare financial summaries, vendor payment schedules, and receivables dashboards.
• Share monthly AP / AR reports with management for cash flow tracking.
• Support budgeting and forecasting processes by sharing accurate payable and receivable data.

EDUCATIONAL QUALIFICATIONS

RELEVANT EXPERIENCE

PERSONAL CHARACTERISTICS & BEHAVIOURS

For a successful role as Manager–QMS, he / she should have the following traits :