Finance & MIS Manager

Blue Star; India; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Blue Star Finance & MIS Manager role based in Vikhroli, Mumbai, seeks a CA with commerce background to manage agreement accounting, revenue recognition, provisions and internal controls. The ideal candidate will lead receivables automation, contingent liability disclosures, and monthly closes with a focus on compliance with Ind AS and IFRS.

You will collaborate with legal and project teams, support audits, and develop dashboards using Excel VBA, Power BI, and ERP tools to improve financial

Qualifications

• Chartered Accountant (CA) and Commerce Graduate.
• 4–8 years of accounting experience in project-driven environments.
• Experience with revenue recognition and contract accounting is preferred.

Responsibilities

• Review and assess all project agreements for accounting completeness.
• Account for performance-based revenue recognition, milestones, and costs.
• Maintain a Contingent Liability Register and evaluate likelihood of occurrences.
• Monitor provisions for penalties, rework, and warranties with monthly updates.
• Design automated receivables dashboards and aging reports.
• Support internal and external audits with reconciliations and docs.
• Prepare monthly project financial reports and dashboards for leadership.

Skills

Financial analysis

Internal controls

Risk assessment

Education

Chartered Accountant (CA)

Commerce Graduate

Tools

Excel VBA

Power BI

ERP tools

Job description

Finance & MIS Manager

Job Description

1. Agreement Management & Review

   Review and ensure completeness of each project agreement from an accounting perspective.

   Maintain a register of all active agreements with relevant accounting checkpoints.

   Liaise with legal and project teams to understand key clauses affecting financial reporting (e.g., performance obligations, penalties, warranties, revenue milestones).

   Interpret commercial clauses to determine accounting treatments in compliance with applicable standards (e.g., Ind AS, IFRS).

   Document summary memos of key financial implications for each agreement.

2. Accounting of Contractual Clauses

   Identify and account for performance-based revenue recognition, variable considerations, and milestone payments.

   Ensure correct classification and recognition of revenue, cost of projects, and deferred revenues.

   Maintain proper documentation to support judgments made in revenue and cost recognition.

3. Contingent Liabilities Documentation

   Track and record contingent liabilities arising from contractual commitments, guarantees, litigation, or potential claims.

   Create and maintain a Contingent Liability Register updated on a monthly basis.

   Collaborate with legal and project teams to evaluate the likelihood of occurrence and estimate financial impact.

   Ensure disclosures are aligned with applicable accounting standards and audit requirements.

4. Provisions for Liabilities

   Monitor contractual obligations and create adequate provisions for expected project liabilities (e.g., penalties, rework, warranty claims).

   Maintain working papers and evidence for the basis of provisioning.

   Review provisions on a monthly basis and update based on project developments and risk assessments.

5. Receivables Management & Automation

   Design and implement automated tools or dashboards (e.g., using Excel VBA, Power BI, ERP tools) to track and age project receivables.

   Monitor overdue accounts and flag critical risks to finance and project management teams.

   Prepare monthly aging reports with comments, expected recovery dates, and provisioning needs (as per company policy).

   Coordinate with the billing team and project leads to ensure timely invoicing and dispute resolution.

6. Internal Controls & Compliance

   Implement internal controls for project-related financial transactions.

   Ensure compliance with corporate accounting policies and applicable statutory regulations.

   Support internal and external audits by providing reconciliations, supporting documentation, and walkthroughs.

7. Reporting & Analysis

   Prepare monthly reports on project financial performance, aging of receivables, provisions, and contingent liabilities.

   Participate in project review meetings to provide financial insights and highlight risk areas.

   Develop financial dashboards for leadership visibility.

Short Info

• Posted: 199 day(s) ago
• Location: Vikhroli
• Qualifications: Chartered Accountant (CA) and Commerce Graduate
• Experience: 4 Years - 0 Months To 8 Years - 0 Months