Finance Manager

– Finance Manager
Company: Elance Learning Provider
Department: Finance
Reporting To: Finance Lead / CFO
Employment Type: Full-Time
Location: Kochi
Experience: 5+ Years
Role Summary
The Finance Manager is responsible for leading end-to-end financial operations across all Elance Learning Provider branches. This role ensures strong financial discipline, robust internal controls, accurate reporting, efficient treasury management, and statutory compliance. The position partners closely with business leaders to drive financial clarity, governance, and sustainable growth in a multi-location EdTech environment.
Key Responsibilities
Financial Accounting & Reporting
Manage bookkeeping, receipts, payments, and bank/cash reconciliations across all centers
Lead month-end and year-end closing processes
Prepare, review, and present MIS, financial statements, and management reports
Strengthen accounting systems, SOPs, and internal controls
Treasury & Fund Management
Monitor daily cash positions and ensure liquidity across branches
Manage cash flow forecasting, fund allocation, and payment scheduling
Oversee EMI payments, vendor payouts, and statutory dues
Maintain banking relationships and negotiate loans, credit facilities, and limits
Manage reserves, investments, and fund utilization analysis

Receivables & Student Fee Governance
Lead RM–Finance and collections teams across all locations
Track overdue student accounts and improve recovery rates
Implement receivable controls to prevent revenue leakage
Analyze collection trends and define monthly and quarterly targets
Budgeting, Forecasting & Business Partnering
Prepare annual budgets and unit-wise P&L tracking
Analyze revenue trends, cost structures, and profitability
Develop rolling forecasts for revenue, cash flow, and expenses
Provide financial insights and risk analysis to leadership and business heads
Compliance, Audit & Statutory Management
Ensure timely GST, TDS, PF, ESI, PT, MCA, and other statutory filings
Coordinate with internal and external auditors for audits and closures
Manage vendor reconciliations, statutory documentation, and certificates
Vendor & Procurement Finance
Manage vendor relationships, rate negotiations, and settlements
Implement invoice verification, approval workflows, and reconciliations
Risk Management & Internal Controls
Monitor fund flows and ensure accountability across financial transactions
Identify financial risks and implement corrective measures
Strengthen controls over course registrations (ACCA, CMA US, CMA IND)
Ensure zero financial or compliance deficiencies
Team Leadership & People Management
Lead and mentor Accounts, Treasury, and RM–Finance teams
Define roles, track productivity, and conduct performance reviews
Build a disciplined, data-driven, and process-oriented finance culture
Ensure smooth cross-functional coordination
Required Skills & Competencies
Strong expertise in accounting, treasury, and financial reporting
Experience in budgeting, forecasting, and cash flow management
Strong knowledge of statutory compliance and audit processes
Leadership experience managing multi-location teams
High analytical ability, attention to detail, and process orientation
Strong communication and stakeholder management skills
Qualifications
MBA (Finance) / CA / ACCA / CMA / M.Com
Minimum 5+ years of relevant finance leadership experience
KPIs & Performance Metrics
Financial Control & Reporting
100% on-time month-end and year-end closures
Zero material misstatements in financial reports
Accurate MIS delivery within defined timelines
Cash Flow & Treasury
Maintain adequate liquidity across all branches
Cash flow forecast variance within acceptable limits
Zero missed critical vendor or statutory payments
Receivables & Collections
Student fee collection targets achieved monthly
Reduction in overdue receivables QoQ
Zero revenue leakage cases
Compliance & Audit
100% on-time statutory filings
Zero major audit observations or penalties
Team & Process Efficiency
Finance SLAs met across branches
Process improvements implemented each quarter
High productivity and engagement within finance teams