Description
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 advantages
- Ensure timely processing and disbursement of payroll and employee-related payments
- Maintain accounting records relating to manpower costs and employee

📌 Finance Manager (Mumbai)
🏢 Luxasia
📍 Mumbai