Job Title : Finance Manager
Location : [Pune, India]
Department : Finance & Accounts
Reports To : Head – Finance / Director – Finance / CFO
Job Summary :
The Finance Manager will oversee the company’s end-to-end finance and accounting operations, including Accounts Receivable (AR), Accounts Payable (AP), and Books of Accounts finalisation. This role is pivotal in ensuring financial accuracy, compliance, and process efficiency in a fast-growing IT services environment (200–500 employees).
The incumbent will be hands-on in managing financial transactions, guiding the accounting team, ensuring adherence to timelines, and maintaining a high level of accuracy and transparency across all finance functions.
Key Responsibilities :
1. Accounts Receivable (AR) Management
- Manage the full AR cycle — from client invoicing and credit control to collections and reporting.
- Ensure invoices are raised accurately as per contracts, milestones, and delivery terms.
- Regularly monitor outstanding receivables, follow up with clients for timely payment, and minimize DSO (Days Sales Outstanding).
- Prepare AR aging reports and coordinate with sales and delivery teams to resolve disputes.
- Ensure proper revenue recognition in accordance with Indian Accounting Standards.
2. Accounts Payable (AP) Management
Oversee vendor invoice processing, approvals, and timely disbursements.Maintain accuracy in vendor records, payment terms, and statutory compliance (GST / TDS).Reconcile vendor accounts periodically and manage relationships with key suppliers.Optimize payment cycles and ensure DPO (Days Payables Outstanding) aligns with cash flow objectives.3. Books of Accounts & Reconciliation
Supervise daily accounting activities and ensure daily accurate posting of all transactions.Conduct monthly reconciliation of bank accounts, ledgers, inter-company accounts, and all other balance sheet items.Ensure financial data integrity and timely month-end, quarter-end, and year-end closures.Support audit activities (statutory, internal, and tax audits) by providing required schedules and reconciliations.4. Team Management & Leadership
Lead and mentor a finance team (3–4 members) handling AR, AP, and general accounting.Review team outputs regularly to ensure timeliness, accuracy, and adherence to internal controls.Identify training needs, streamline workflows, and promote best accounting practices.Implement process improvements and automation to enhance team productivity.5. Compliance, Controls & Reporting
Ensure timely filing of all statutory returns (GST, TDS, PF, PT, etc.) and ensure coordination with consultants.Feed MIS related reports to MIS Team – P&L, balance sheet, cash flow, and variance analysis.Implement and monitor internal financial controls and ensure compliance with company policies.Collaborate with cross function teams inside & outside the organisation.Key Performance Indicators (KPIs) :
AR Collection Efficiency : DSO maintained within agreed company targets.AP Timeliness : 100% vendor payments within due dates and correct statutory deductions.Reconciliation Accuracy : Zero unreconciled items in bank and ledger accounts at month-end.Compliance Adherence : 100% on-time statutory filings (GST, TDS, etc.).Team Productivity : Timely completion of monthly financial closure within 3–5 working days.Required Skills & Competencies :
In-depth understanding of accounting principles, AR / AP cycles, and financial finalisation .Strong knowledge of Indian taxation laws (GST, TDS, Income Tax) and Companies Act (Basic) .Proficiency in ERP / accounting software (e.g., Tally ERP, Zoho Books) (Others will be add on).Advanced skills in Excel and financial reporting.Strong analytical, leadership, and communication skills.Ability to work in a fast-paced IT environment and meet multiple deadlines.Qualifications & Experience :
Education : B.Com / M.Com / MBA (Finance) / CA (Inter) / CMA (Inter) preferred.Experience : 10–12 years of experience in Finance & Accounts, with at least 3–5 years in a managerial or team-lead role.Industry : Experience in IT / ITES / software services or a similar project-based business is highly desirable.Work Mode : Work from Office ( Office Location - Shivaji Nagar, Pune )
