Finance & MIS Manager

Key Responsibilities:

• Agreement Management & Review

  Review and ensure completeness of each project agreement from an accounting perspective.

• Maintain a register of all active agreements with relevant accounting checkpoints.
• Liaise with legal and project teams to understand key clauses affecting financial reporting (e.g., performance obligations, penalties, warranties, revenue milestones).
• Interpret commercial clauses to determine accounting treatments in compliance with applicable standards (e.g., Ind AS, IFRS).
• Document summary memos of key financial implications for each agreement.

• Accounting of Contractual Clauses

  Identify and account for performance-based revenue recognition, variable considerations, and milestone payments.

• Ensure correct classification and recognition of revenue, cost of projects, and deferred revenues.
• Maintain proper documentation to support judgments made in revenue and cost recognition.

• Contingent Liabilities Documentation

  Track and record contingent liabilities arising from contractual commitments, guarantees, litigation, or potential claims.

• Create and maintain a Contingent Liability Register updated on a monthly basis.
• Collaborate with legal and project teams to evaluate the likelihood of occurrence and estimate financial impact.
• Ensure disclosures are aligned with applicable accounting standards and audit requirements.

• Provisions for Liabilities

  Monitor contractual obligations and create adequate provisions for expected project liabilities (e.g., penalties, rework, warranty claims).

• Maintain working papers and evidence for the basis of provisioning.
• Review provisions on a monthly basis and update based on project developments and risk assessments.

• Receivables Management & Automation

  Design and implement automated tools or dashboards (e.g., using Excel VBA, Power BI, ERP tools) to track and age project receivables.

• Monitor overdue accounts and flag critical risks to finance and project management teams.
• Prepare monthly aging reports with comments, expected recovery dates, and provisioning needs (as per company policy).
• Coordinate with the billing team and project leads to ensure timely invoicing and dispute resolution.

• Internal Controls & Compliance

  Implement internal controls for project-related financial transactions.

• Ensure compliance with corporate accounting policies and applicable statutory regulations.
• Support internal and external audits by providing reconciliations, supporting documentation, and walkthroughs.

• Reporting & Analysis

  Prepare monthly reports on project financial performance, aging of receivables, provisions, and contingent liabilities.

• Participate in project review meetings to provide financial insights and highlight risk areas.
• Develop financial dashboards for leadership visibility.