Finance Manager

Role Overview

Qualifications

• CA Inter / CMA / M.Com / MBA – Finance
• Bachelor's Degree in Commerce, Finance, or Accounting preferred

Financial Management

• Manage day-to-day financial operations of the company
• Prepare and monitor budgets, cash flow, and financial forecasts
• Monitor company expenses, income, receivables, and payables
• Ensure proper utilization and control of working capital
• Monitor branch-wise financial performance

Accounting & Reporting

• Supervise daily accounting transactions and ensure accurate bookkeeping
• Review sales, purchase, expenses, receipts, payments, and journal entries
• Prepare monthly, quarterly, and annual financial reports
• Prepare branch-wise and department-wise financial reports
• Ensure timely closing of accounts

FMCG Distribution Finance

• Monitor sales, purchase, inventory, margins, schemes, discounts, and credit sales
• Track customer outstanding and ensure timely collection
• Monitor distributor/retailer credit limits and payment terms
• Analyze product-wise and branch-wise profitability
• Monitor stock valuation and identify financial impact of slow-moving inventory
• Coordinate with Sales, Purchase, Warehouse, and Operations teams

Receivables & Payables

• Monitor customer outstanding and ageing reports
• Follow up on overdue payments with the concerned departments
• Verify supplier invoices and payment schedules
• Maintain proper control over vendor payments
• Monitor credit periods and ensure timely settlements

GST, Tax & Statutory Compliance

• Ensure timely GST filing and reconciliation
• Coordinate for TDS, PT, PF, ESI, and other applicable statutory compliances
• Review tax calculations and statutory reports
• Coordinate with auditors, consultants, and statutory authorities
• Maintain proper documentation for audits and compliance

Audit & Internal Controls

• Coordinate internal and statutory audits
• Ensure proper financial controls and approval procedures
• Identify financial risks, discrepancies, and control gaps
• Implement measures to prevent errors, fraud, and financial leakage
• Regularly review branch cash, bank, and expense records

Cash & Bank Management

• Monitor daily cash collection and cash closing
• Verify bank transactions and bank reconciliations
• Monitor branch cash balances and deposits
• Ensure proper documentation and authorization of financial transactions
• Prepare daily/weekly cash flow requirements

MIS & Management Reporting

• Prepare Daily / Weekly / Monthly MIS reports for management
• Provide reports on Sales & Collection, Outstanding & Ageing, Gross Margin, Expenses, Branch Performance, Cash Flow, Inventory Value, Payables, and Profitability
• Provide financial analysis and recommendations to management