Key Responsibilities
Financial Accounting & Reporting
Ensure proper, accurate, and timely maintenance of day-to-day accounting and financial records
Prepare monthly and annual financial statements and ensure timely finalization of the Balance Sheet
Perform general accounting activities including Journal Vouchers (JVs)
Maintain accounting records in SAP and ensure adherence to company accounting policies and Group policies and procedures
Introduce and implement best accounting practices and process improvements
Prepare management reports (MIS), financial analysis and other reports required by senior management and the Group
Assist in preparation of Long-Term Plans (LTP) and annual business plans (budgets) in co-ordination with other departments
Monitor actual expenditure against budgets and report variances with appropriate analysis
Analyze profitability and recommend measures for cost optimization
Monitor reimbursements receivable from various brands
Monitor accounting and provisions brand wise for discounts and various schemes
Accounts Payable & Receivable




Manage Accounts Payable processes including vendor invoice verification, purchase order validation, payment processing and vendor reconciliations
Monitor vendor advances and recover excess payments where applicable
Handle Accounts Receivable reconciliation and communicate effectively with customers regarding outstanding balances
Prepare AR reports for monthly MIS and management review
Perform related party reconciliations in both vendor & customer accounts
Account for related party transactions in compliance with applicable accounting standards and company policies
Payroll & Employee Cost Accounting
Ensure accurate accounting of wages, salaries, incentives, allowances, statutory deductions and employee perks
Ensure timely processing and disbursement of payroll and employee-related payments
Maintain accounting records relating to manpower costs and employee benefit obligations
Banking & Treasury
Coordinate fore

📌 Finance Manager (Mumbai)
🏢 Luxasia
📍 Mumbai