Deputy Manager - Finance

Watertec; Coimbatore District; On-site; INR 600,000 - 800,000; Full time

Job summary

Watertec is seeking a Chartered Accountant with 0–2 years of experience to handle financial reporting under Ind AS, prepare standalone and consolidated statements, and support month-end close and disclosures.

The role includes GL accounting, ICFR controls, credit management, collections, dunning and revenue/cash application. Proficiency in SAP ERP and advanced Excel, along with strong analytical and communication skills, is required.

Qualifications

• Qualified CA with 0-2 years experience.
• Strong knowledge of Ind AS and financial reporting.
• Sound understanding of GL accounting and month-end close.
• Knowledge of IFC/ICFR and control testing.
• Exposure to AR, credit management, collections and dunning processes is added advantage.
• SAP ERP and advanced Excel skills.
• Strong analytical and communication skills.

Responsibilities

• Prepare standalone and consolidated financial statements in compliance with Ind AS and statutory requirements.
• Support monthly, quarterly and annual financial reporting activities including schedules, disclosures and management reports.
• Perform General Ledger accounting activities including journal entries, accruals, provisions and reconciliations.
• Assist in IFC/ICFR documentation, control testing and remediation tracking.
• Manage customer credit limits and credit evaluations in line with company policy.
• Drive collections activities and achieve DSO targets.
• Execute and monitor dunning procedures and payment escalations.
• Process debit notes, credit notes and sales-related adjustments.
• Ensure accurate revenue accounting and cash application activities.
• Prepare MIS reports on receivables, collections, revenue and working capital.

Skills

Ind AS knowledge

Financial reporting

GL accounting

Analytical skills

Communication skills

Education

CA (Chartered Accountant)

Tools

SAP ERP

Excel

Job description

Roles & Responsibilities

1) Financial Reporting and General Ledger:

• Prepare standalone and consolidated financial statements in compliance with Ind AS and statutory requirements.
• Support monthly, quarterly and annual financial reporting activities including schedules, disclosures and management reports.
• Perform General Ledger accounting activities including journal entries, accruals, provisions and reconciliations.

2) Internal Controls & Governance:

• Assist in IFC/ICFR documentation, control testing and remediation tracking.

3) Credit Management:

• Manage customer credit limits and credit evaluations in line with company policy.
• Ensure timely order release after review of customer exposure and overdue status.
• Drive collections activities and achieve DSO targets.
• Execute and monitor dunning procedures and payment escalations.
• Process debit notes, credit notes and sales-related adjustments.
• Ensure accurate revenue accounting and cash application activities.
• Prepare MIS reports on receivables, collections, revenue and working capital.

Candidate Profile:

• Qualified CA with 0-2 years experience.
• Strong knowledge of Ind AS and financial reporting.
• Sound understanding of GL accounting and month-end close.
• Knowledge of IFC/ICFR and control testing.
• Exposure to AR, credit management, collections and dunning processes is added advantage
• SAP ERP and advanced Excel skills.
• Strong analytical and communication skills.