Associate Finance Manager

• : Associate Finance Manager
• Role Summary
• The Assistant Finance Manager will be responsible for managing day-to-day accounting
• operations with a strong focus on revenue reporting, receivables management, cash receipts,
• and financial compliance. The role requires ensuring accurate financial reporting, maintaining
• internal controls, monitoring working capital, and supporting audits and tax compliance. The
• candidate should be capable of handling end-to-end accounts operations and financial analysis
• to support management decision-making.

Key Responsibilities

1. Revenue and Receivables Management

• Prepare and monitor revenue reports and receivable ageing reports.
• Ensure timely collection and reconciliation of receivables.
• Track receivables, discounts, scholarships, and adjustments.
• Monitor Days Sales Outstanding (DSO) and follow up on overdue payments.
• Maintain accurate customer account balances and reconciliations.

2. Cash Receipts and Banking Operations

• Manage cash receipts, bank deposits, and daily cash reconciliation.
• Monitor inflows and ensure accurate recording of receipts in accounting systems.
• Coordinate with banks for transactions, reconciliations, and statements.
• Ensure proper documentation and internal control over cash handling.

3. Financial Reporting

• Prepare monthly, quarterly, and annual financial reports.
• Generate management reports including revenue analysis, variance analysis, and dashboards.
• Ensure compliance with Indian Accounting Standards (Ind AS) and internal financial policies.

4. Accounts Management

• Oversee accounts receivable, accounts payable, and general ledger reconciliations.
• Ensure timely processing of invoices, receipts, and accounting entries.
• Review reconciliations of bank accounts, ledgers, and customer accounts.

5. Taxation and Statutory Compliance

• Ensure compliance with GST, TDS, and other statutory requirements.
• Assist in preparation and filing of tax returns.
• Support tax reconciliations and respond to notices if required.

6. Cash Flow and Working Capital Management

• Monitor daily cash flow and liquidity requirements.
• Assist in optimizing working capital and maintaining financial discipline.
• Prepare cash flow projections and variance analysis.

7. Audit and Internal Controls

• Support internal and external audits by preparing documentation.
• Ensure compliance with financial policies and audit recommendations.
• Strengthen internal controls and risk management processes.

8. Process Improvement and Automation

• Identify opportunities to improve finance processes and reporting systems.
• Implement automation in reporting, reconciliation, and compliance tasks.
• Improve efficiency and reduce manual work in financial operations.

9. Team and Stakeholder Coordination

• Guide junior finance staff and coordinate with other departments.
• Liaise with vendors, banks, auditors, and internal stakeholders.
• Provide timely financial information for management decisions.

Required Qualifications

• CA Inter/CMA/ M Com
• 58 years of experience in accounts, receivables, and financial reporting
• Experience handling revenue accounting, cash receipts, and reconciliations

Key Skills

• Strong knowledge of accounting principles and financial reporting
• Experience with GST, TDS, and statutory compliance
• Expertise in accounts receivable and revenue reconciliation
• Advanced Excel and financial reporting skills
• Familiarity with ERP/accounting software (Tally, SAP, Zoho, etc.)
• Strong analytical and problem-solving skills
• Attention to detail and strong internal control mindset

Preferred Experience

Experience in education sector / service industry revenue accounting

Exposure to budgeting, financial planning, and audit support