Finance Manager

Key Responsibilities

Financial Accounting & Reporting

• 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

Accounts Payable & Receivable

• 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