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Sr. Finance Manager (Finance & Accounts)/ 0 days ago

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Job Preference:

Role 1 Sr Finance Manager: Preference - Female Candidate with mim 3 Yrs of working exp : 30 - 35K

Role 2 Assistant Manager: Preference: Male Candidates with min 1 Yr of working exp: 20 - 30K

6-day work week

9am to 7pm

Qualification:

Job Description:

Role Overview

We are seeking a Senior Finance Manager to oversee receivables, franchise credit control, dispatch-related financial approvals, vendor reconciliations, and finance and accounts activities for Company. The role requires strong operational ownership, disciplined payment follow-up, accurate reporting, and close coordination with franchise partners and internal teams to maintain financial controls and support timely dispatches.

Key Responsibilities

Receivables and Franchise Credit Control

• Maintain a daily party-wise dashboard of unpaid invoices, ageing, collection status, and approved exceptions.
• Manage payment reminders, collections, and escalation in accordance with the approved credit policy; closely monitor accounts approaching or exceeding credit limits.
• Initiate advance-payment or recovery communication for dues pending beyond 25 days and move accounts to the advance-payment category at the 28-day threshold, applying 50% or 100% advance terms as applicable.
• Document approved exemptions and keep all relevant teams informed of account status and payment restrictions.

Order Processing and Dispatch Clearance

• Share received indents and orders promptly with the Store Manager and Sales Team.
• Review previous audit findings, purchase percentages, and item-wise ordering patterns; complete mandatory checks before issuing proforma invoices.
• Confirm raw material and branding material availability before committing dispatch dates, and circulate dispatch plans to Sales and Purchase teams at least one day in advance.
• Ensure royalty dues up to the previous month are cleared before dispatch approval; maintain an accurate Royalty Status Sheet and enforce applicable payment conditions.

Vendor Reconciliation and Royalty Tracking

• Reconcile Copenhagen, Cremica, and Tauras vendor ledgers on the 15th of each month or as scheduled; complete monthly reconciliations for all other vendors.
• Identify discrepancies and track pending credit notes and debit notes against vendor invoices through to resolution.
• Maintain a Royalty Outstanding Report covering previous-month and current-month dues, and notify franchise partners of overdue royalty payments on the 18th of each month.

Finance and Accounts Operations

• Oversee monthly vendor payment processing and HFTPL IFT payment management, ensuring appropriate checks and approvals.
• Maintain payment trackers and ensure accounting entries and transactions received through accounting emails are posted accurately and on time.
• Prepare GSTR-1 working papers and support filing; complete GSTR-2B reconciliation and coordinate resolution of mismatches.
• Prepare advance tax forecasts and coordinate supporting information with relevant finance and tax stakeholders.
• Prepare periodic profit and loss reports, review material variances, and provide actionable financial information to management.

Skills:

Candidate Profile

• Graduate or postgraduate qualification in Commerce, Accounting, or Finance preferred; a professional accounting qualification would be an advantage.
• Relevant experience managing finance and accounts operations, with the ability to independently handle receivables, reconciliations, payments, and financial reporting.
• Experience in QSR, food distribution, retail, or a franchise-led business preferred, particularly where finance controls are linked to order processing and dispatch.
• Practical understanding of GST processes, GSTR-1 preparation, GSTR-2B reconciliation, advance tax forecasting, and profit and loss reporting.
• Proficiency in accounting software and Microsoft Excel, including ageing analysis, reconciliation schedules, payment trackers, and management dashboards.
• Strong communication, collection follow-up, analytical, and coordination skills, with attention to accuracy and the ability to enforce financial controls professionally.

Key Performance Measures

• Timely collections, control of overdue receivables, and adherence to approved advance-payment terms.
• Accurate and timely dispatch clearances, royalty tracking, and exception documentation.
• Completion of vendor reconciliations and resolution of ledger discrepancies and pending notes.
• Accuracy and timeliness of payments, accounting records, GST workings, tax forecasts, and profit and loss reports.