Finance Manager

Finance Manager - JD

Department: Finance

Designation: Finance Manager

About Us

• Elance is a fast-growing commerce education company delivering professional programs
• across ACCA, CA, CMA (USA) through offline centers, online platforms, and hybrid learning
• models. Headquartered in Kerala, we are on a mission to create career-ready professionals
• through strong academics, industry relevance, and technology-driven systems.
• Why Work With Us

• Growth-Focused Careers - Clear role ownership, learning opportunities, and leadership exposure.
• High-Energy Culture - We value initiative, accountability, and a never-settle mindset.
• Purpose-Driven Work - Every role contributes directly to transforming student careers.
• Structured & Fair Systems - Transparent KRAs, KPIs, and performance reviews.
• Winning Team Environment - We celebrate effort, performance, and milestones together.
• Strong Growth Story - Be part of a brand expanding across India and global markets

Who Fits Best at Elance

Were looking for people who:

• Take ownership and act proactively
• Are data-driven and growth-oriented
• Want meaningful work, not routine roles

Role Overview

The Finance Manager leads the complete financial operations of Elance Learning across all branches, ensuring strong financial discipline, robust internal controls, accurate reporting, and efficient treasury management. The role oversees Accounting,Treasury, and RM-Finance

• teams, driving financial clarity, operational excellence, and strategic fund management. The
• Finance Manager plays a critical role in budgeting, forecasting, compliance, and supporting
• business heads with financial insights for decision-making.

Key Responsibilities

1. Financial Accounting & Reporting

• Manage bookkeeping, receipts, payments, and bank/cash reconciliations across all campuses.
• Lead month-end closing, finalize financial statements, and ensure accurate MIS reporting.
• Prepare, review, and present financial reports for management and external stakeholders.
• Strengthen accounting systems, SOPs, and internal controls to enhance transparency.

2. Treasury & Fund Management

• Monitor daily cash positions, ensuring liquidity for branch operations and vendor commitments.
• Manage cashflow forecasting, fund allocation, and payment scheduling for EMIs, vendor payouts, and statutory dues.
• Maintain strong banking relationships; negotiate credit facilities, loans, and financial support.
• Oversee investments, reserves, and variance analysis for strategic fund utilization.

3. Receivables & Student Collection Governance

• Lead the RM-Finance collection team across all branches and ensure timely student fee collection.
• Track overdue accounts and coordinate with branch managers to improve recovery.
• Implement receivable controls to prevent revenue leakage and maintain high collection discipline.
• Analyze fee collection patterns and define monthly/quarterly collection targets.

4. Budgeting, Forecasting & Business Partnering

• Work with leadership and business heads to prepare annual budgets and unitwise P&L tracking.
• Analyze revenue trends, cost structures, and profitability; advise management on financial risks and growth opportunities.
• Create rolling forecasts for revenue, cashflow, and operational spend.

5. Compliance, Audit & Statutory Management

• Ensure timely GST, PF, ESI, PT, MCA filings, and other statutory compliance.
• Coordinate with internal and external auditors for smooth and timely audit closure.
• Oversee vendor ledger reconciliation, TDS certificates, and documentation management.

6. Vendor & Procurement Finance

• Manage vendor relationships, rate negotiations, and ensure timely settlements.
• Implement invoice verification mechanisms, reconciliations, and approval workflows.

7. Team Leadership & People Management

• Lead and mentor Accounts, Treasury, and RM-Finance teams; clarify roles and ensure high productivity.
• Build a data-driven, process-oriented finance culture with strong discipline and governance.
• Support staff development, conduct reviews, and ensure smooth cross functional communication.

8. Risk Management & Internal Controls

• Monitor all fund-flow activities and ensure accountability across all financial transactions.
• Identify risks, propose corrective measures, and strengthen financial control frameworks.
• Implement controls over course registrations (ACCA, CMA US, CMA IND)ensuring zero deficiencies.

Qualification

MBA (Finance), CA, ACCA, CMA, M. Com (minimum 5 years Experience)

Required Skills & Competencies

• Strong expertise in accounting, treasury, financial reporting, and compliance.
• Experience in budgeting, forecasting, and fund-flow management.
• Leadership & people management skills across multi-location teams.
• Analytical mindset with high attention to detail and process orientation.
• Strong communication and stakeholder management abilities.

Reporting To:

Finance Lead / CFO