AVP- Finance and Operations

Company Description

At iLabkart, we’re driven by innovation, precision, and purpose. With two dynamic divisions under one vision, we are redefining excellence across industries:

● iLab Medical – specializing in cutting-edge medical equipment, diagnostics, and reagents that empower healthcare professionals with reliable technology.

● Ignite Fitness – a leading fitness equipment distribution brand representing global names like Shua, Panatta, Eleiko, BootyBuilder, and our in-house brand VFit, helping build world-class gyms across India. 

Role Description

This is a full-time, on-site role for an AVP- Finance and Operations at iLabkart Technologies Pvt Ltd, located in Mumbai. The AVP will be responsible for overseeing and managing financial planning, preparing financial statements, and financial reporting. Additionally, the AVP will perform financial analysis to support decision-making, manage budgets, and ensure compliance with financial regulations. The AVP will also work closely with various departments to align financial operations with the company's strategic goals.

Key Responsibilities

• Finance Management

● Manage end-to-end accounting, expense tracking, and cash flow. ● Prepare monthly P&L, balance sheets, and MIS reports for both divisions. ● Develop annual budgets and ensure adherence to financial targets. ● Oversee vendor payments, purchase orders, reimbursements, and receivables. ● Coordinate with auditors and ensure compliance with GST, TDS, PF, ESIC, and statutory filings. ● Work with HR to process payroll and maintain financial transparency. ● Manage working capital, cost control, and profitability tracking per business unit.

• Operations Management

● Streamline procurement, imports, logistics, and warehousing processes. ● Supervise delivery timelines, vendor contracts, and inventory accuracy. ● Oversee supply chain efficiency — from sourcing to installation. ● Create and document SOPs for repeatable, scalable workflows. ● Collaborate with cross-functional teams to ensure operational excellence. 

Qualifications

• Knowledge and experience with Financial Planning and Finance
• Proficiency in preparing and analyzing Financial Statements and Financial Reporting
• Strong Analytical Skills
• Excellent organizational and leadership abilities
• Ability to work collaboratively and communicate effectively with different teams
• Relevant industry experience is a plus
• Bachelor's degree in Finance, Accounting, Business Administration, or related field