Key Responsibilities

1. Financial Accounting & Reporting

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Manage end-to-end accounting operations, ensuring accuracy and compliance with applicable accounting standards.
- Ensure accurate maintenance of the General Ledger, including timely and accurate recording of all financial

transactions.

- Review journal entries, reconciliations, and month-end closing activities to ensure accuracy and completeness.
- Review balance sheet schedules and ensure timely closure of all accounts.
- Oversee and manage the preparation of financial statements, including Balance Sheet, Profit & Loss Statement, Cash

Flow Statement, Statement of Changes in Equity, and Notes to Accounts.

- Develop and manage the monthly Management Information System (MIS) reports and financial performance dashboards

for senior leadership.

- Perform financial variance analysis against budget, forecast, and prior periods, providing actionable insights to

management.

- Coordinate with external auditors, internal auditors, tax consultants, and regulatory authorities throughout the audit

lifecycle.

- Prepare audit schedules, lead schedules, supporting documentation, and statutory disclosures required for statutory,

internal, tax, and group audits.

- Review audit observations and implement corrective actions to strengthen financial controls and compliance.
- Ensure timely submission of audited financial statements and regulatory filings.
- Maintain complete audit documentation and ensure compliance with internal control frameworks and corporate

governance requirements.

- Lead continuous improvement initiatives to streamline the financial close process, reduce close cycle time, and enhance

reporting accuracy through process automation and ERP optimization.

2. Accounts Payable (AP)

-
Oversee vendor invoice processing, ensuring accuracy and adherence to policies.
- Ensure timely vendor payments, managing payment runs and processing.
- Review payment proposals and obtain necessary approvals.
- Monitor vendor aging and resolve discrepancies promptly.
- Maintain vendor reconciliations and ensure accuracy of vendor master data.
- Strengthen payment controls and ensure compliance with procurement policies.

3. Accounts Receivable (AR)

-
Monitor customer collections and manage outstanding balances to minimize Days Sales Outstanding (DSO).
- Review aging reports and drive collection strategies.
- Improve cash collections through proactive engagement and effective follow-up.
- Coordinate with sales teams for overdue accounts and provide timely updates.




- Assess bad debt provisions and recommend write-offs where appropriate.
- Review customer credit limits and credit risk assessments periodically.

4. General Ledger (GL)

-
Supervise journal postings and ensure accuracy of all GL entries.
- Review account reconciliations and ensure timely resolution of discrepancies.
- Ensure accurate accruals and provisions are recorded in accordance with accounting policies.
- Manage the chart of accounts and ensure its integrity.
- Review intercompany reconciliations and ensure timely settlement.
- Lead month-end and year-end closing activities, ensuring adherence to deadlines.

5. Fixed Assets :

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Maintain the fixed asset register, ensuring accuracy and completeness.
- Properly capitalize assets in line with company policy and accounting standards.
- Review depreciation calculations and ensure adherence to the depreciation policy.
- Perform impairment assessments for assets as required.
- Manage asset disposals, ensuring all transactions are recorded accurately.

6. Treasury & Cash Flow :

- Prepare cash flow forecasts and monitor working capital effectively.
- Manage banking relationships and optimize liquidity.
- Review fund transfers and ensure compliance with policies.
- Optimize cash utilization and manage investments and fixed deposits.
- Monitor borrowing requirements and manage credit lines.

7. Budgeting & Forecasting :

- Lead the annual budgeting process, collaborating with various departments.
- Prepare rolling forecasts and analyze budget vs. actual variances.
- Support business planning and strategic initiatives with financial insights.
- Recommend cost optimization initiatives.

8. Taxation :

- Ensure compliance with Goods and Services Tax (GST), Direct Tax (TDS), Professional Tax, and other applicable tax

regulations.

- Coordinate tax assessments and provide necessary documentation.
- Review tax returns before submission.

9. Statutory Compliance :

- Ensure all company activities comply with the Companies Act and other relevant statutes.
- Coordinate statutory audits and provide necessary support.
- Coordinate internal audits and follow up on audit observations.

10. Audit Management :

- Coordinate statutory and internal audits, ensuring smooth execution.




- Prepare audit schedules and support the audit process.
- Resolve audit observations and implement recommended actions.
- Ensure timely completion of audits.

11. Internal Controls & Risk Management

- Develop, implement, and monitor financial controls to safeguard assets and ensure operational efficiency.
- Ensure compliance with internal policies and procedures.
- Identify and assess financial risks, and develop mitigation strategies.

12. Payroll & Employee Benefits

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Review payroll processing and ensure compliance with statutory deductions.
- Verify payroll accounting and postings.
- Review gratuity, leave encashment, and bonus provisions.

13. Procure-to-Pay (P2P) Process Management

-
Own and oversee the complete Procure-to-Pay (P2P) cycle from purchase requisition to vendor payment.
- Review Purchase Orders (POs) for financial accuracy and budget availability.
- Ensure timely three-way matching (PO, Goods Receipt Note, Vendor Invoice).
- Monitor vendor invoice processing and payment turnaround times.
- Resolve invoice discrepancies and supplier disputes.
- Review vendor master data and ensure appropriate controls over vendor on boarding and changes.

14. Order-to-Cash (O2C) Process Management

- Manage the complete Order-to-Cash (O2C) lifecycle from customer order receipt through cash collection.
- Collaborate with Sales, Customer Service, and Operations to ensure productive order processing.
- Review customer credit limits and credit risk assessments.
- Oversee billing and invoicing activities, ensuring accuracy and timely issuance.
- Monitor customer collections and reduce Days Sales Outstanding (DSO).
- Review aging reports and drive collection strategies.
- Manage customer disputes, deductions, and billing discrepancies.
- Ensure timely cash application and account reconciliation.
- Evaluate bad debt provisions and recommend write-offs where appropriate.

Requirements :

- Bachelor's degree in Accounting, Finance, or a related field. A professional certification (e.g., CA, CPA, CMA) is highly

preferred.

- Minimum of 8 – 10 Years of progressive experience in finance and accounting roles, with at least 2 years in a

supervisory or managerial capacity.

- Solid understanding of accounting principles, financial reporting standards, and internal controls.
- Proficiency in accounting software and advanced Microsoft Excel skills preferably ( Tally , Zoho ERP )
- Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and external

stakeholders.

📌 Associate Manager / Manager - Finance (India)
🏢 Maven Silicon
📍 India