Hiring For Finance Manager

Role & responsibilities

• Commission Processing and Payout

• Manage the end-to-end processing of

  POSP Commission Payouts

  , ensuring strict adherence to the payment schedule and accurate calculation of variable incentives (LTIP, Streak Bonuses).
• Manage all financial flows related to

  ADO and TM variable pay

  to ensure motivation and compliance are maintained.

• Reconciliation and Revenue Assurance:

• Commission Reconciliation:

  Daily follow-up and reconciliation of commission payments received from all partnered Insurers. Ensure payments are received on time and accurately recorded.

• Bank Operations:

  Manage day-to-day banking activities, funds transfers, and reconciliation of cash flows.

• Expense Management:

• Process

  Business Reimbursements

  and

  Travel Reimbursements

  (based on the approved TEM Policy) for the field team promptly and accurately.
• Manage

  Advance Settlements

  for TMs and Cluster Heads, ensuring timely closure and compliance with internal norms.

• Statutory Compliance and Reporting:

• Ensure all statutory payments (TDS, GST, PF, etc.) and regulatory reporting are completed accurately and submitted by deadline.
• Prepare internal financial MIS reports (P&L, Cash Flow, Budget vs. Actuals) for senior management review.
• Oversee all vendor payments, ensuring adherence to financial timelines and compliance procedures.

Preferred candidate profile

• Experience:

  Minimum 58 years of progressive experience in Finance and Accounting roles. Experience in the

  BFSI sector (especially managing commission reconciliation)

  is highly preferred.

• Skills:

  Strong knowledge of Tally/SAP and advanced Excel. Deep understanding of Indian tax and statutory compliance requirements.

• Mindset:

  Impeccable attention to detail, highly process-driven, and a proactive attitude towards resolving financial queries from the field force quickly (supporting the

  Agility

  value)