Finance Manager

Job Title: Finance Manager

Location: Hyderabad, India

Job Summary: We are seeking a detail-oriented and proactive Finance Manager to oversee and manage the company’s financial operations, statutory compliances, and project-level accounting activities. The ideal candidate should have a strong background in accounting, compliance, and financial reporting, with hands-on experience in managing day-to-day finance functions in an IT environment.

Key Roles & Responsibilities:

1. Accounting & Bookkeeping

 Record all bank transactions daily and perform monthly bank reconciliations on a project-wise basis.

 Record and reconcile company credit card transactions; verify supporting bills and ensure accuracy with monthly statements.

 Maintain project-wise petty cash, verify expense bills, and ensure vouchers are properly approved and supported.

 Record all purchase bills, verify payments to vendors, and ensure all supporting documentation is maintained.

 Record sales invoices, verify GST rates, customer details, and track accounts receivable regularly.

 Review daily emails for received bills, segregate them project-wise, and ensure accurate accounting and timely payments.

2. Month-End & Statutory Provisions

 Post month-end provisions for ESI, EPF, PT, TDS, GST, salaries, advances, creditors, and expenses.

 Prepare monthly workings for all statutory compliances and ensure timely payment and filing of returns.

 Maintain and update reconciliation reports, filing proofs, challans, and compliance working papers (in Excel).

 Prepare reconciliations and draft replies for statutory notices; attend hearings and maintain a compliance tracker.

3. Receivables & Payables Management

 Prepare and maintain the Receivable Review Sheet; attend meetings to track and discuss receivables.

 Monitor overdue accounts, follow up with internal teams/customers, and ensure timely collections.

 Maintain vendor ledgers and ensure timely payment processing after due verification.

4. NSIC & Project Accounting

 Record and track all NSIC-related entries; maintain updated ledgers and reconcile as required.

 Perform detailed ledger scrutiny project-wise before month-end closing and audit; ensure all transactions are supported and reconciled.

5. Audit & Financial Reporting

 Act as internal audit support for statutory auditors – coordinate data collection, reconciliations, and responses.

 Prepare all reconciliations (Bank, GST, TDS, Debtors, Creditors, Expenses) for audit finalisation.

 Support the preparation of financial statements in compliance with accounting standards and statutory requirements.

 Ensure all statutory compliances (GST, TDS, PF, ESI, PT, Income Tax, etc.) are filed within due dates.

6. Reporting & Analysis

 Assist management with monthly MIS reports, financial summaries, and cash flow statements.

 Support in budgeting and forecasting by providing accurate project-level financial data.

 Identify process gaps and implement improvements in internal financial controls.

Qualifications & Experience:

 Education: B.Com / M.Com / MBA (Finance) / CA-Inter preferred.

 Experience: 5–8 years of experience in finance & accounting, preferably in an IT or project-based organization.

 Technical Skills:

o Proficiency in Tally / ERP systems, MS Excel, and accounting software.

o Knowledge of GST, TDS, Income Tax, PF, ESI, PT, and other Indian statutory compliances.

o Strong understanding of project accounting and financial reconciliations.

Key Competencies:

 Strong analytical and problem-solving skills

 Excellent attention to detail and accuracy

 Good communication and coordination skills

 Ability to manage multiple tasks and meet deadlines

 Integrity, confidentiality, and accountability

Employment Type: Full-time

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹50,000.00 per month

Benefits:

• Paid sick time
• Provident Fund

Work Location: In person