1. Job Purpose

The Deputy Manager – Finance &

- Accounts will oversee accounting operations, financial reporting, Ind AS compliance, banking and credit facilities, statutory compliance, reconciliations, and timely closure of accounts. The role requires strong operational ownership, financial governance, and team leadership, with coordination across internal departments, management, auditors, banks, external advisors, and the listed parent entity, Dreamfolks.

1. Key Roles &
- Responsibilities

A.

Accounting

Operations &

- Financial Reporting

- Oversee daily accounting, general ledger management, journal entries, and reconciliations.

- Ensure accurate monthly, quarterly, and annual financial reporting in accordance with applicable Ind AS requirements.

- Drive timely month-end and year-end closures.

- Prepare MIS reports, cash flow statements, and financial reports for management.

- Monitor receivables, payables, outstanding balances, and ledger discrepancies.

- Ensure consistent accounting policies and documentation across multiple locations.

B.

Credit Line

Financing &

- Banking

- Lead negotiations, securing, renewal, and refinancing of bank OD facilities, working capital limits, and term loans.

- Manage Inter-Corporate Deposits/Debt (ICDs), including documentation, compliance, and repayment monitoring.

- Maintain relationships with banks and financial institutions.

- Monitor fund utilisation, liquidity, interest costs, repayment schedules, and banking covenants.

- Coordinate credit appraisals, facility renewals, and enhancements.

C.

Listed Parent Entity

Governance &

- Ind AS Compliance

- Ensure Ind AS accounting and financial reporting align with the listed parent entity's requirements.

- Coordinate directly with Dreamfolks' Audit Committee, Finance team, and statutory auditors on reporting and audit matters.

- Ensure accurate identification, accounting, documentation, and reporting of Related Party Transactions (RPTs).

- Submit financial statements, reconciliations, audit schedules, and other group reporting deliverables within stipulated timelines.

- Support statutory and internal audits, resolve observations, and maintain effective internal financial controls.

D. Secretarial &

- Corporate Law Oversight

- Act as the primary Nodal Officer for external Company Secretary (CS) firms and legal partners.

- Coordinate Board Meetings, agendas, supporting documents, minutes, and follow-up actions.

- Oversee applicable MCA filings, statutory records, registers, and corporate documentation.

- Ensure compliance with the Companies Act, 2013, and other applicable corporate laws.

- Maintain compliance calendars and monitor statutory deadlines in coordination with external advisors.

E.

Statutory

Compliance,



Audit &

- Internal Controls

- Ensure timely compliance with GST, TDS, PF, ESI, and other applicable statutory requirements.

- Oversee tax reconciliations, statutory payments, filings, and supporting documentation.

- Coordinate with statutory auditors, internal auditors, tax consultants, and other advisors.

- Strengthen internal financial controls, payment approvals, cash controls, and audit readiness.

F.

Accounting Team

Leadership &

- Operational Control

- Exercise assertive leadership and complete operational ownership of the accounting team.

- Allocate responsibilities, monitor performance, and ensure accountability.

- Implement and enforce multi-location SOPs, cash controls, and standardised accounting processes.

- Drive strict month-end and year-end closure timelines.

- Guide team members on accounting standards, systems, compliance, and internal procedures.

G. Banking, Vendor &

- Stakeholder Coordination

- Manage banking operations, bank reconciliations, payment authorisations, and cash flow planning.

- Oversee vendor reconciliations, payment schedules, and outstanding financial matters.

- Coordinate with operations, HR, procurement, and other departments for accurate financial reporting and timely transaction processing.

1. Required Qualifications &
- Experience

- Bachelor's degree in Commerce, Finance, Accounting, or a related discipline.

- M.Com, MBA Finance, CA Inter, or equivalent qualification will be an advantage.

- 15–20+ years of relevant experience in Accounts &
- Finance, preferably in hospitality, F&B;, or multi-location businesses.

- Proven experience working in companies that are direct subsidiaries of listed entities, with Ind AS reporting and group governance requirements.

- Demonstrated experience in financial reporting, statutory audits, internal controls, and regulatory compliance.

- Proven expertise in negotiating, securing, renewing, or refinancing bank OD facilities, working capital limits, and term loans, along with managing ICDs.

- Experience coordinating with external CS firms, legal advisors, auditors, banks, and senior management.

- Prior experience leading accounting teams and multi-location finance operations.

1. Required Skills &
- Competencies

- Strong knowledge of accounting principles, financial reporting, and Ind AS.

- Understanding of the Companies Act,



2013, corporate governance, RPT compliance, and MCA filings.

- Knowledge of GST, TDS, PF, ESI, and other statutory requirements.

- Expertise in banking facilities, working capital management, and financial negotiations.

- Proficiency in MS Excel and accounting/ERP software, including Tally or similar systems.

- Strong analytical, reconciliation, cash flow management, and problem-solving skills.

- Assertive leadership, decision-making, stakeholder management, and communication skills.

- Ability to manage multiple priorities, enforce controls, and meet strict deadlines.

1. Key Performance Indicators (KPIs)

A.

Financial

Reporting &

- Accounting

- Timely and accurate monthly, quarterly, and annual financial closures.

- Accuracy of financial statements, MIS, reconciliations, and ledger balances.

- Compliance with Ind AS and parent entity reporting timelines.

- Reduction in outstanding receivables and unresolved ledger discrepancies.

B.

Credit Line

Financing &

- Banking

- Successful negotiation, renewal, enhancement, and refinancing of credit facilities.

- Timely renewal and effective utilisation of OD facilities, working capital limits, and term loans.

- Proper documentation and compliance for ICDs.

- Optimisation of financing costs and working capital utilisation.

C. Governance, Compliance &

- Audit

- Timely statutory filings, tax compliance, and MCA submissions.

- Accurate RPT reporting and compliance with applicable Ind AS requirements.

- Timely submission of reports to Dreamfolks and closure of audit observations.

- Compliance with the Companies Act, 2013, and internal financial controls.

D. Team Management &

- Internal Controls

- Adherence to month-end closure timelines and accounting SOPs.

- Effective implementation of multi-location processes and cash controls.

- Reduction in reconciliation errors, control gaps, and recurring audit observations.

- Accountability and timely deliverables from the accounting team.

1. Preferred Candidate Profile

The ideal candidate will be an experienced Finance and Accounts skilled with strong technical expertise, commercial acumen, and leadership capabilities. The candidate must demonstrate hands-on experience in listed-parent subsidiary environments, Ind AS reporting, credit line financing, corporate governance, and statutory compliance.

The individual should be assertive, proactive, and capable of independently managing accounting operations, leading a multi-location team, strengthening financial controls, and coordinating with Dreamfolks, management, auditors, banks, external CS firms, and legal advisors. Hospitality or F&B; industry experience will be preferred.

📌 Deputy Manager - Finance & Accounts (Gurugram)
🏢 Ten 11 Hospitality
📍 Gurugram