Position Title: General Manager - Finance
Reporting To: Chief Financial Officer (CFO)
Location: Bangalore (with periodic travel to project sites in Pune, Ahmedabad, and Bellary)
Job Type: Full-Time
Objective:
The GM – Finance will oversee and manage the organization’s financial operations, ensuring strong financial controls, statutory compliance, MIS reporting, and effective reconciliation across multiple project locations. This role demands hands-on expertise in financial systems, a collaborative approach, and team leadership to maintain financial discipline and support the organization’s growth.
Key Responsibilities Areas (KRAs)
1. Financial Controls (Bookkeeping & General Accounting)
- Manage and maintain accurate bookkeeping and general accounting records using ERP financial systems.
- Periodically travel to project sites (Pune, Ahmedabad, Bellary) to ensure effective financial controls and reconciliations.
- Approve and verify purchase orders, work orders, and site-related financial documentation.
- Validate and raise GST-compliant sales invoices, ensuring ITC availability.
- Provide necessary provisions for salaries, expenses, and audit entries to ensure precise financial reporting.
2. Audit & Statutory Compliance
- Lead statutory, GST, and tax audits, ensuring timely and accurate compliance.
- Work on revenue recognition strategies to enhance compliance with applicable financial regulations.
- Prepare draft financials for auditors and management review, implementing course corrections as necessary.
- Prepare and present quarterly financial statements, ensuring clarity and accuracy.
- Draft agreements for capital contributions to subsidiaries and implement IFC requirements to strengthen internal controls.
3. Taxation & Statutory Obligations
- Handle inspections and notices from Central and State Government authorities, ensuring timely submission of required documents.
- Conduct annual reconciliations of GST, TDS, PF, ESI, and PT.
- Oversee the preparation of TDS returns, tax audits, and GST annual returns, coordinating with consultants to ensure timely filing.
4. Financial Reporting (MIS & Business Insights)
- Generate and present insightful management reports (quarterly and annual) for stakeholders.
- Assist in business modeling for current and future projects, ensuring financial feasibility and profitability.
- Liaise with banks, financial institutions, and investors to provide requisite financial documentation and insights.
5. Cashflow Management (support role)
- Manage accounts receivable and payable to maintain optimal cash flow.
- Collaborate with financial institutions for bank guarantees, construction finance, and other loan arrangements.
6. Team Leadership & Collaboration
- Lead, mentor, and develop a high-performing finance team, ensuring collaboration and service orientation.
- Work closely with project teams across locations to streamline financial processes and address discrepancies.
- Build strong working relationships with cross-functional teams to drive financial transparency and compliance.
Key Performance Indicators (KPIs):
- 1. Financial Accuracy: Maintain error-free financial records with timely reconciliations.
- 2. Regulatory Compliance: Achieve 100% adherence to statutory and regulatory requirements.
- 3. Site Oversight: Ensure robust financial controls and reconciliations across all project locations.
- 4. Team Productivity: Foster a collaborative and efficient finance team.
- 5. Process Efficiency: Optimize financial processes through ERP and Excel to improve accuracy and reduce turnaround time.
Key Competencies:
- Strong expertise in financial regulations, ERP financial systems, and advanced Excel skills.
- Proficiency in data analysis and interpretation for effective financial decision-making.
- Leadership and team management capabilities, with the ability to mentor and motivate team members.
- Exceptional communication and interpersonal skills for collaboration with stakeholders.
- Ability to manage multi-location financial operations, ensuring consistency and alignment with organizational objectives.
Qualifications and Experience:
- Chartered Accountant (CA) with a minimum of 5 years of relevant, hands-on experience in financial management.
- Strong command of ERP financial systems and advanced Excel skills.
- Proven experience in managing audits, statutory compliance, and MIS reporting.
- Real estate or construction industry experience is an added advantage.
- Willingness to travel periodically to project sites (Pune, Ahmedabad, Bellary) for financial oversight.
Apply Now