Posted:3 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Develop long-term strategies and governance frameworks for credit control and collections management.
  • Support senior leadership in defining financial control objectives, setting targets, and establishing robust internal control mechanisms.
  • Collaborate with the Head of Finance and Marketing teams to formulate pricing strategies aligned with business goals.
  • Lead the budgeting process at the business unit level, including preparation of budget schedules, formats, assumptions, and consolidation of departmental inputs.
  • Monitor budget adherence, perform variance analysis, and recommend corrective actions as necessary.
  • Upload and maintain final budgets in ERP systems and ensure periodic tracking of performance against budgets.
  • Oversee treasury operations, including receipts, payments processing, bank reconciliations, and period-end closings.
  • Forecast cash/funding requirements and ensure timely availability of funds for operations.
  • Identify low-cost funding sources and negotiate with financial institutions for favorable terms.
  • Define and implement credit policies including management of credit limits, arrears, and advance payments.
  • Monitor customer-wise aging, outstanding balances, and collection performance metrics.
  • Identify collection risks and implement mitigation plans to ensure timely settlements.
  • Guide monthly/quarterly/annual costing processes, including new product costing, cost allocation, and calculation of man-minute and component costs.
  • Ensure timely preparation of costing-related MIS reports and variance analyses.
  • Support process improvement initiatives to optimize budgeting and costing cycles.
  • Ensure timely and accurate financial reporting in compliance with applicable regulations.
  • Provide support for internal and external audits, ensuring timely closure of audit observations.
  • Enhance internal controls and participate in the implementation of control programs.
  • Lead, mentor, and develop the finance team; manage workload allocation, training, performance reviews, and engagement.
  • Foster a high-performance culture by promoting collaboration, accountability, and continuous learning.
  • Conduct regular team meetings to review goals, achievements, and address any employee concerns.

Preferred candidate profile

A seasoned finance professional with over 3 years of leadership experience, managing end-to-end financial operations including budgeting, treasury, taxation, costing, and reporting. Demonstrates strong strategic planning and governance capabilities, with a proven track record in credit control, pricing strategy, and regulatory compliance. Adept at leading high-performing teams, optimizing financial processes, and enabling business growth through data-driven insights and effective financial stewardship

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