Finance Manager

Nithya Amirtham Indian Food; Chennai District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Nithya Amirtham Indian Food is seeking a seasoned finance professional in Tamil Nadu to drive forecasting, budgeting, and robust financial controls. The role involves leading accounting activities and ensuring compliance with GST, TDS, payroll, and audits, while enhancing profitability and financial health across divisions.

The incumbent will coordinate with department heads, manage cost centres and reporting, and guide strategic decisions with financial insights.

Qualifications

• Experience in forecasting and budgeting.
• Ability to manage accounting teams and ensure regulatory compliance.
• Experience with GST, TDS, payroll processing, and audits.

Responsibilities

• Maintain day-to-day accounting and record transactions in Tally/ERP.
• Prepare monthly and annual financial statements.
• Manage cost centers and division profitability reporting.
• Ensure GST, TDS, income tax, PF/ESI compliance and payroll accuracy.
• Lead budgeting, forecasting, and variance analysis with department heads.
• Coordinate with auditors and support tax audits.

Skills

Forecasting models

Financial analysis

Tally/ERP

Tools

Tally ERP

Job description

Objective:

Finance responsibilities include creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations. To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.

Ultimately, you will maintain our companys financial health and increase profitability in the long run.

Core Accounting & Tally Operations:

• Maintain day-to-day accounting, including purchase entries, sales entries (corporate & retail), and expense recording.
• Ensure correct mapping of all transactions to relevant cost centers.
• Finalize monthly and annual accounts and prepare financial statements in accordance with standards.

Cost Centre Accounting & Division-Wise Profitability:

• Assign all income and expenses to relevant cost centers across different business divisions.
• Monitor, analyse, and report division-wise profitability (e.g., Retail Stores, Corporate Sales, Franchising, International, Projects).
• Prepare margin reports, trend analysis, and suggest cost optimization opportunities.
• Maintain structured cost centre hierarchies in Tally or ERP system.

Statutory Payments & Compliance:

• Ensure accurate and timely payment and filing of:
• GST returns (GSTR-1, GSTR-3B, Annual Return)
• TDS deduction, payment, and quarterly returns
• Income Tax (advance tax, computation, filings)
• PF & ESI compliance and payment
• Professional Tax, LWF, and other statutory dues
• Coordinate with auditors for tax and statutory audits.
• Review monthly payroll processing for accuracy, including salaries, bonuses, and deductions.
• Ensure correct computation and timely deduction of TDS on salaries as per applicable income tax laws.
• Coordinate with the HR and payroll processing team to validate employee-wise TDS, PF, ESI, and other statutory deductions.
• Review payroll-related journal entries and ensure proper accounting in Tally or ERP.
• Assist in issuing Form 16 to employees and ensuring quarterly and annual payroll compliance (including TDS returns - Form 24Q).

Budgeting and Forecasting (P&L):

• Lead the preparation of annual budgets, quarterly forecasts, and periodic reforecasts for revenue, expenses, and profitability.
• Develop and monitor Profit & Loss (P&L) statements, analyzing variances between actuals and budgeted figures.
• Work closely with department heads to gather inputs and validate assumptions for forecasts.
• Provide financial insights and scenario analysis to support strategic decision-making.
  Ensure alignment of budgets and forecasts with business objectives and financial targets

Present summarized P&L forecasts and trends to management with actionable recommendations