Finance Specialist

3 - 8 years

5 - 7 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • We are seeking a detail-oriented and proactive finance professional to manage the end-to-end financial operations of a segment individually. This role will be responsible for overseeing receivables, payables, purchase orders, capex, salary and overall financial governance to ensure compliance, efficiency, and strategic alignment with organizational goals.

    Key Responsibilities

    • Accounts Payable & Receivable

      • Manage vendor invoices, payments, and reconciliations.
      • Track customer receivables, follow up on outstanding payments, and ensure timely collections.
    • Purchase Orders & Procurement

      Finance

      • Review and process purchase orders (POs) in line with budgetary controls.
      • Coordinate with procurement and R&D teams to ensure financial accuracy in vendor contracts.
    • Capex and Salary processing

      • Timely capitalisation alongwith tracking with budget and approvals
      • Monthly salary processing with support of Corporate HR and time to time salary reimbursements
  • Financial Reporting & Compliance

    • Prepare monthly MIS alongwith variance analyses.
    • Ensure compliance with company policies, statutory requirements, and audit standards.
  • Cash Flow & Treasury

    • Monitor cash flow to ensure adequate liquidity for operations.
    • Support treasury functions including fund transfers entries and bank reco.
  • Internal Controls

    • Implement and maintain strong internal controls to safeguard company assets.
    • Support audits and ensure documentation is complete and accurate.
  • Cross-Functional Collaboration

    • Work closely with HR, procurement, and R&D teams to align financial processes.
    • Act as a finance partner to project managers, providing guidance on cost efficiency.

Preferred candidate profile

  • Bachelors degree in Finance, Accounting, or Commerce (MBA/CA/ICWA preferred).
  • 3–7 years of experience in finance operations, preferably in manufacturing or R&D environments.
  • Strong knowledge of Indian accounting standards, GST, TDS, and other statutory compliances.
  • Proficiency in ERP/SAP and Excel .
  • Excellent analytical, problem-solving, and communication skills.

Key Competencies

  • Attention to detail and accuracy.
  • Ability to manage multiple priorities in a fast-paced R&D environment.
  • Strong interpersonal skills for vendor and stakeholder management.
  • Proactive mindset with a focus on process improvement and efficiency.

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Lumax Industries logo
Lumax Industries

Automotive Components Manufacturing

Mumbai

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