Finance & Accounts

ROLE SUMMARY The role is responsible for ensuring accurate financial reporting, maintaining the integrity of accounts, effective cash management, timely month-end closing, audit compliance and cost control. The candidate will play a key role in supporting management with reliable financial information and actionable insights.

- Financial Reporting
- Prepare accurate and timely monthly, quarterly and annual financial statements — Profit & Loss, Balance Sheet and

Cash Flow — in accordance with applicable accounting standards (Ind AS / IFRS).
- Compile the monthly MIS pack, including variance analysis against budget and prior periods, with clear narrative commentary for management.
- Ensure all disclosures, notes to accounts and schedules are complete, accurate and compliant with statutory and regulatory requirements.
- Coordinate the consolidation of financials across entities, divisions or cost centres where applicable.
- Support management reporting, board packs and investor / lender reporting requirements.
- General Ledger & Accounting
- Perform periodic scrutiny of general ledger accounts to ensure correct classification, completeness and accuracy of entries.
- Review and approve journal entries, accruals, provisions and prepaid amortisations before posting.
- Identify, investigate and resolve unusual, ageing or unreconciled ledger balances on a timely basis.
- Maintain the integrity of the chart of accounts and enforce consistent accounting treatment across transactions.
- Ensure inter-company transactions are properly recorded, reconciled and eliminated on consolidation.




- Balance Sheet Substantiation
- Prepare and review monthly balance sheet reconciliations for all asset and liability accounts, ensuring every balance is fully supported by underlying schedules.
- Maintain a balance sheet substantiation file with clear ownership, sign-offs and supporting documentation for each account.
- Age and follow up on open reconciling items, driving them to timely resolution and escalating risks where required.
- Review fixed asset registers, depreciation schedules, provisions, accruals and prepayment schedules for accuracy.
- Ensure the balance sheet is ‘clean’ and audit-ready at each reporting cut-off.
- Treasury & Cash Flow Management
- Manage day-to-day cash and bank operations, ensuring adequate liquidity to meet operational and financial obligations.
- Prepare short-term and rolling cash-flow forecasts and monitor actuals against forecast.
- Oversee banking relationships, fund transfers, working capital facilities and fixed deposit / investment placements.
- Monitor debtor collections and creditor payments to optimise the working capital cycle.
- Ensure compliance with banking covenants, loan repayment schedules and interest servicing.




- Manage foreign exchange exposure and hedging where applicable.
- Month-End Closing
- Own and drive the month-end close calendar, ensuring the books are closed accurately and within agreed timelines.
- Coordinate close activities across accounts payable, accounts receivable, payroll, fixed assets and general ledger.
- Ensure all accruals, provisions, prepayments, depreciation and recurring entries are booked and reviewed.
- Complete key account reconciliations and resolve open items before the close is finalised.
- Continuously improve close processes to reduce cycle time and enhance accuracy.
- Audit & Compliance
- Serve as the primary point of contact for statutory, internal, tax and management audits.
- Prepare and review audit schedules, lead schedules and requested documentation (PBC lists).
- Respond to auditor queries, resolve observations and implement agreed corrective actions.
- Ensure compliance with internal controls and support strengthening of the control setting.
- Coordinate timely completion of the annual statutory audit and finalisation of accounts.
- Cost Control
- Monitor and control operating costs against approved budgets, highlighting overruns and driving corrective action.
- Perform cost analysis, identify savings opportunities and support cost-optimisation initiatives.
- Review and approve expenses in line with the delegation of authority and company policy.
- Partner with department heads on budgeting, forecasting and cost accountability.
- Develop and track cost-related KPIs and provide actionable insights to management.

📌 Financial Reporting Manager (Mumbai)
🏢 Edme Insurance Brokers
📍 Mumbai