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Finance Manager

Finance Manager

GTT Data Solutions LtdSurat, IN
8 days ago
Job description

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 )

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    Manager Finance • Surat, IN

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