General Manager Finance & Accounts
Share
Job Location:
Salary:
Experience Required:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
1. Invoice to Collection Process Management
Own and manage the complete Invoice-to-Collection (I2C) lifecycle from invoice generation through to payment realization.
Design and implement robust billing processes ensuring accuracy timeliness and compliance with contractual terms.
Monitor accounts receivable ageing reduce Days Sales Outstanding (DSO) and minimize bad debt exposure.
Establish escalation frameworks for overdue collections and coordinate with business teams for dispute resolution.
Develop dashboards and MIS reports for real-time visibility into receivables and collection performance.
2. Efficiency in Invoicing Collection Process & Accounting Operations
Identify process bottlenecks and implement automation and process improvements across invoicing collections and day-to-day accounting operations.
Leverage ERP systems and technology to streamline workflows reduce manual intervention and improve turnaround times.
Establish and enforce Standard Operating Procedures (SOPs) for all accounting functions.
Drive accuracy in financial record-keeping statutory compliance and timely month-end/year-end closures.
Benchmark operational KPIs against industry standards and implement continuous improvement initiatives.
3. Overseeing Key Processes: Payroll Banking & Treasury
Supervise payroll processing to ensure timely accurate salary disbursements and compliance with statutory deductions (PF ESI TDS Professional Tax).
Manage relationships with banking partners; oversee bank account operations credit facilities and guarantee management.
Oversee treasury functions including short-term investments foreign exchange management and working capital optimization.
Ensure adherence to internal controls audit requirements and regulatory frameworks across all key processes.
4. Fund Planning & Cash Flow Management
Develop and maintain rolling cash flow forecasts (weekly monthly quarterly) to ensure adequate liquidity for business operations.
Plan and manage fund requirements including working capital needs capital expenditure funding and debt servicing.
Optimize the organizations capital structure and cost of borrowing through effective fund management.
Provide strategic inputs on investment decisions surplus fund deployment and financial risk mitigation.
Present fund position reports and variance analysis to senior leadership on a regular basis.
5. Management Reporting
Prepare and present comprehensive Management Information System (MIS) reports to senior leadership on a periodic basis.
Lead the finalization of Profit & Loss Statement Balance Sheet and Cash Flow Statement in close co-ordination with the FP&A Department.
Develop and maintain treasury planning reports including Working Capital and Term Debt reporting to Management.
Ensure accuracy consistency and timeliness of all management reports and financial dashboards.
Provide analytical insights and commentary on key financial metrics to support strategic decision-making.
6. Banking
Co-ordinate with banks for resolution of service-related issues and ensure smooth banking operations.
Manage the end-to-end process for issuance of Bank Guarantees as per business requirements.
Oversee Drawing Power calculations and ensure timely renewal of banking credit limits and facilities.
Maintain strong banking relationships and negotiate favorable terms for credit facilities and services.
7. Team Building & Management
Build mentor and lead a high-performing finance and accounts team aligned with organizational goals.
Define clear roles responsibilities and performance metrics for team members.
Conduct regular performance reviews provide constructive feedback and create individual development plans.
Foster a culture of accountability collaboration and continuous learning within the finance function.
Plan and manage resource allocation to support business growth and operational demands.
Job Specification/ Desired Profile
Demonstrated expertise in Invoice-to-Collection management cash flow planning and treasury operations.
Strong knowledge of Indian accounting standards (Ind AS) taxation (GST TDS Income Tax) and statutory compliance.
Hands-on experience with ERP systems (SAP Oracle Tally or equivalent).
Proven track record of process improvement automation and driving operational efficiency.
Educational Qualification
/ MBA / CA Finance preferred but not a pre-requisite.
Total Experience
Minimum 1215 years of progressive experience in finance and accounting with at least 5 years
in a leadership role.
Required Skills:
Qualifications: Microsoft Office
Required Education:
/ MBA / CA Finance preferred but not a pre-requisite
