Finance & Accounts Manager

Quarks Technosoft Pvt. Ltd.; Dadri; On-site; INR 1,500,000 - 1,900,000; Full time

Job summary

Quarks Technosoft Pvt. Ltd. Noida invites applications for Finance Accounts Manager to lead finance and accounting functions, ensuring accurate reporting, statutory compliance, and robust cash-flow management. You will oversee budgeting, variance analysis, audits and manage a 4-5 member finance team.

Role focuses on MIS coverage of Revenue, Gross Margin, EBITDA/Profitability, Cash Flow and DSO, plus contract review and process improvements to strengthen controls and efficiency.

Qualifications

• 7-8 years of relevant experience in Finance Accounts.
• Experience in a medium-sized IT/ITES or service organisation.
• MBA - Finance and CMA; CA qualification would be an added advantage.

Responsibilities

• Oversee day-to-day accounting and ensure timely recording of transactions.
• Prepare and finalise monthly, quarterly and annual financial statements.
• Ensure compliance with applicable accounting standards and statutory requirements.
• Coordinate with auditors and provide information and schedules for audits.
• Prepare and monitor annual budget and forecasts; develop MIS on revenue, gross margin, EBITDA/ profitability, cash flow and DSO.
• Manage cash flow forecasts and working capital; monitor collections and payments.
• Lead a team of 4-5 finance professionals and mentor staff.
• Review customer, vendor and other contracts from a financial perspective; identify risks.
• Drive process improvements and automation across finance functions.

Skills

Financial reporting

MIS reporting

Budgeting

Cash-flow management

DSO tracking

Audit coordination

Team leadership

Contract review

Attention to detail

Education

MBA - Finance

CMA

CA (advantage)

Tools

MS Excel

Tally / ERP accounting

Job description

Finance Accounts Manager

7-10 Years Noida

• Finance
• Accounts
• Revenue
• Gross Margin
• EBITDA/Profitability
• Cash Flow and DSO.

JOB DESCRIPTION

Finance Accounts Manager

Job Purpose

To manage and oversee the Companys finance and accounting functions, ensuring accurate financial reporting, statutory compliance, effective financial controls, cash-flow management and timely MIS reporting to management. The role will also be responsible for budgeting, variance analysis, audit coordination and managing the finance team.

Key Responsibilities

1. Financial Accounting Reporting

• Oversee day-to-day accounting and ensure accurate and timely recording of financial transactions.
• Supervise preparation and finalisation of monthly, quarterly and annual financial statements.
• Ensure proper accounting of revenue, expenses, receivables, payables, provisions and accruals.
• Ensure compliance with applicable Accounting Standards / Ind AS, as applicable.
• Coordinate with auditors and provide information and schedules required for audits.

2. MIS, Budgeting Financial Analysis

• Prepare and monitor the annual budget and periodic forecasts.
• Develop and maintain MIS covering Revenue, Gross Margin, EBITDA/Profitability, Cash Flow and DSO.
• Analyse Budget vs. Actual performance and provide meaningful variance analysis.
• Identify trends, deviations and areas requiring management attention.
• Provide financial analysis and decision-support information to management.

3. Cash Flow Working Capital Management

• Prepare and monitor short-term and medium-term cash-flow forecasts.
• Monitor collections, receivables and DSO.
• Ensure timely payments to vendors and statutory authorities.
• Monitor working capital and identify opportunities for improving cash utilisation.

4. Statutory Compliance

• Ensure timely compliance with applicable provisions relating to:
  • Income Tax and TDS
  • GST
  • PF, ESI and Professional Tax
  • Companies Act requirements
  • Other applicable financial and statutory requirements.
• Ensure timely filing of statutory returns and payment of statutory dues.
• Coordinate with external consultants wherever required.

5. Audit Internal Controls

• Handle and coordinate internal and statutory audits.
• Ensure timely closure of audit observations.
• Strengthen financial controls and accounting processes.
• Identify financial and operational risks and recommend appropriate controls.
• Ensure proper documentation and maintenance of financial records.

6. Receivables Revenue Management

• Monitor customer billing, collections and outstanding receivables.
• Track ageing of receivables and ensure timely follow-up.
• Work closely with business teams to resolve billing and collection issues.
• Monitor revenue recognition and ensure appropriate accounting treatment.

7. Team Management

• Manage and guide a team of approximately 4-5 finance and accounts professionals.
• Allocate responsibilities and monitor performance and deliverables.
• Develop the capabilities of team members through coaching and mentoring.
• Maintain effective interpersonal relationships and work with people having different aspirations and backgrounds.

8. Contracts Commercial Review

• Review customer, vendor and other commercial agreements from a financial and commercial perspective.
• Identify financial, payment, tax, liability and other commercial risks in contracts.
• Liaise with the legal team / external legal advisors wherever necessary.
• Ability to independently review legal/commercial documents will be an added advantage.

9. Process Improvement

• Identify opportunities to improve finance and accounting processes.
• Drive automation and improvement of MIS and reporting systems.
• Ensure adequate controls over financial data and reporting.
• Improve efficiency, accuracy and timeliness of the finance function.

Educational Qualification

• MBA - Finance and/or Qualified Cost Management Accountant (CMA).
• CA qualification would be an added advantage.

Experience

• Approximately 7-8 years of relevant experience in Finance Accounts.
• Experience in a medium-sized IT/ITES or service organisation would be preferred.
• Should have demonstrated experience in financial accounting, statutory compliance, MIS, budgeting, cash-flow management and audit coordination.

Technical Skills

• Strong knowledge of accounting principles and financial reporting.
• Good working knowledge of:
  • GST
  • TDS / Income Tax
  • PF / ESI / Professional Tax
  • Companies Act compliances
  • Payroll-related statutory compliances.
• Strong proficiency in MS Excel, including financial analysis and MIS preparation.
• Working knowledge of Tally / ERP accounting systems.
• Ability to analyse financial data and present meaningful insights to management.

Behavioural Managerial Competencies

• Strong analytical and problem-solving skills.
• Good interpersonal and communication skills.
• Ability to manage and motivate a finance team.
• Strong attention to detail and accuracy.
• Ability to work independently and take ownership of responsibilities.
• Ability to coordinate effectively with business, HR, legal, auditors and other functions.
• Strong commercial orientation and understanding of business operations.
• High degree of integrity, confidentiality and professional ethics.

Key Performance Indicators (KPIs)

Performance will be evaluated broadly on:

• Accuracy and timeliness of financial reporting.
• Timely statutory compliance.
• Quality and timeliness of MIS and Budget vs. Actual variance analysis.
• Improvement in collections and DSO.
• Cash-flow forecasting and management.
• Timely completion and closure of audits.Effectiveness of financial controls.
• Accuracy of revenue and margin reporting.
• Team productivity and development.
• Process improvements and automation within the finance function.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.