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