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