Manager - Finance and Account

Manager – Finance & Accounts
Role Summary
The Senior Manager – Finance & Accounts is the second-in-command of the group finance function.
The role owns end-to end execution of the three core finance processes — Record-to-Report (R2R), Procure-to-Pay (P2P) and Order-to Cash (O2C) — across AcoBloom and all group entities under common management, ensures all statutory compliances are met on time, and is directly accountable for preparation of the annual financial statements (balance sheet), the annual income-tax return, and the regular MIS pack for management.
The incumbent runs the day-to-day finance engine so that the VP Finance can focus on strategy, funding, board matters and group-level oversight.
This is a hands-on leadership role: the person must be able to review a ledger as comfortably as they present an MIS to leadership.
Key Responsibilities
2.1 Record-to-Report (R2R)
Own the monthly, quarterly and annual book-closure calendar for all entities; ensure closure within agreed timelines (target: monthly close by working day 7).
Review and approve journal entries, provisions, accruals, prepayments, depreciation, forex restatements and inter company entries.
Maintain the general ledger, chart of accounts and cost-centre structure; drive GL hygiene and sub-ledger to GL reconciliations.
Own the fixed-asset register (FAR), capitalisation policy, physical verification and impairment review.
Ensure books comply with Indian GAAP / Ind AS as applicable and with ICAI guidance notes.
Prepare the annual balance sheet, statement of profit & loss, cash-flow statement and notes with full audit-ready schedules.
Lead the statutory audit, tax audit and internal audit — coordinate with auditors, resolve queries, and close audit observations with root-cause fixes.
2.2 Procure-to-Pay (P2P)
Own vendor onboarding, master-data control and vendor due diligence (PAN, GSTIN, MSME status, bank verification).
Ensure three-way matching (PO – GRN – invoice), approval matrix adherence and timely vendor payments.
Manage TDS deduction and GST input-credit eligibility on every vendor invoice; reconcile GSTR-2B with purchase register monthly.
Ensure MSME payment timelines are tracked and met (Section 43B(h) of the Income Tax Act / MSMED Act, 2006 compliance).
Manage employee reimbursements, advances and corporate-card settlements.
Drive vendor ageing review, duplicate-payment controls and periodic vendor balance confirmations.
2.3 Order-to-Cash (O2C)
Own customer master, contract-to-invoice mapping and timely, accurate billing (including export invoicing for overseas clients, LUT, FIRC/e-BRC tracking).
Apply correct GST treatment on domestic and export services; ensure place-of-supply and zero-rated supply documentation.
Manage receivables: ageing analysis, collection follow-up cadence with business teams, credit notes, write-off recommendations and provisioning for doubtful debts.
Reconcile receipts with bank, apply TDS receivable and reconcile with Form 26AS / AIS.
Monitor DSO and report collection efficiency in the monthly MIS.
2.4 Statutory & Regulatory Compliance
Own the compliance calendar for all entities and ensure zero missed deadlines across:
Income Tax
Advance tax computation.
TDS/TCS deduction and deposit.
Quarterly TDS returns (24Q/26Q/27Q).
Form 16/16A issuance.
Tax audit (Form 3CA/3CD).
Annual income-tax return (ITR-6 / ITR-5) with computation.
Transfer-pricing documentation support (Form 3CEB) where applicable.
Assessment/notice responses.
GST
GSTR-1.
GSTR-3B.
GSTR-9/9C.
ITC reconciliation.
E-invoicing.
Refund applications for exports.
Response to departmental notices.
Companies Act, 2013
Financial statements in Schedule III format.
CARO 2020 readiness.
DPT-3.
MSME Form 1.
Support to the company secretary for AOC-4, MGT-7 and board-meeting financial papers.
FEMA/RBI
Softex filings.
FLA return.
ODI/FDI reporting support for the group's overseas entities.
Labour
PF.
ESI.
Professional tax.
LWF.
Gratuity/bonus computations in coordination with HR.
Maintain a compliance dashboard with owner, due date, status and evidence for every filing.
2.5 MIS, Reporting & Analysis
Prepare and present the monthly MIS pack:
Entity-wise and consolidated P&L.
Balance sheet.
Cash-flow.
Working capital metrics.
Budget vs actual with variance commentary.
Business-unit profitability.
Prepare weekly cash-flow forecasts and fund-position reports.
Support the annual budgeting exercise and periodic re-forecasts.
Build and maintain reporting templates; drive automation of recurring reports.
2.6 Team Leadership & Process Improvement
Lead, allocate work to, and review the output of the F&A team (accountants, executives, AR/AP specialists).
Define and document SOPs for R2R, P2P and O2C; drive adherence and periodic review.
Identify control gaps and implement remediation; support internal financial controls (IFC) documentation and testing.
Drive ERP/accounting-system improvements and coordinate with IT on integrations and reporting automation.
Coach and develop team members; manage performance and succession within the function.

Work arrangement
No