Location:
Thane / Bhiwandi, Maharashtra Department: Accounts & Finance Reporting To: Managing Director (MD)

Experience:
5–8 years Qualification: B.
Com / M.
Com; CA Inter preferred

Salary:
₹40,000–₹60,000 per month, negotiable based on experience. 1.⁠ ⁠Job Purpose To manage the Accounts & Finance Department with primary responsibility for customer payment collection, outstanding recovery, cash flow management, expense control, supplier payment planning, financial reporting, and statutory compliance. 2.⁠ ⁠

Key Responsibilities
A. Payment Collection & Outstanding Recovery — Primary Responsibility
• Prepare and maintain a daily customer-wise outstanding report.
• Follow up with customers daily for overdue payments through calls, WhatsApp, emails, and other appropriate channels.
• Prepare a customer-wise payment collection plan with specific dates and amounts.
• Coordinate with the Sales Team to recover overdue payments.
• Maintain an ageing report categorising outstanding amounts into 0–30, 31–60, 61–90, and above 90 days.
• Identify overdue, disputed, and high-risk customer accounts and report them to the MD.
• Ensure that every overdue payment has a follow-up date and a responsible person.
• Obtain customer payment commitments and track whether payments are received as promised.
• Escalate repeatedly overdue accounts to the MD for decisions on credit limits, order dispatch, or further credit sales.
• Reconcile customer ledgers and resolve payment allocation disputes.
• Submit a daily collection report showing target, actual collection, shortfall, and reasons.
• Work with Sales to reduce overdue receivables and improve the company’s working capital. B. Cash Flow & Financial Management
• Prepare daily bank balance and cash position reports.




• Prepare weekly cash flow forecasts for the next 7–14 days.
• Monitor expected collections against upcoming payments.
• Alert the MD in advance about cash shortages and major financial commitments.
• Prepare monthly Profit & Loss statements and financial summaries. C. Supplier Payments & Accounts Payable
• Maintain supplier-wise outstanding reports.
• Prepare a weekly supplier payment plan based on cash availability and business priorities.
• Verify invoices, purchase orders, and goods receipt records.
• Obtain the required approval before releasing payments.
• Avoid duplicate, incorrect, and unauthorised payments. D. Expense Control & Product Costing
• Monitor expenses against the approved budget.
• Analyse rent, salaries, electricity, overtime, wastage, and other major expenses.
• Analyse product-wise manufacturing costs and profitability.
• Identify unnecessary expenses and recommend cost-saving measures.
• Coordinate with Production and Purchase to improve cost efficiency. E. Accounts & Reconciliation
• Supervise daily accounting entries and ledger maintenance.
• Ensure regular bank reconciliation.
• Reconcile customer and supplier accounts.
• Maintain accurate sales, purchase, receipt, and payment records.
• Ensure timely month-end accounting closure. F. Taxation & Statutory Compliance
• Monitor GST, TDS, and other applicable statutory compliance.
• Coordinate with the company’s CA and external auditors.
• Maintain proper financial documentation and filing records. G. Team Management
• Supervise and allocate work to the Accounts Team.
• Establish daily reporting and follow-up procedures.
• Review collection performance of responsible team members.
• Ensure that customer follow-ups are completed on schedule

📌 Accounts and Finance Manager (Bhiwandi)
🏢 CHH India
📍 Bhiwandi