General Manager – Finance

Elfonze Technologies; Bengaluru; On-site; INR 2,400,000 - 3,600,000; Full time

Job summary

Elfonze Technologies in Bengaluru seeks a senior finance leader to drive financial planning, budgeting and profitability analysis across projects and clients. You will oversee accounting, revenue recognition and monthly closes while coordinating with leadership on strategic financial decisions.

You will manage international finance operations including the USA and UAE, ensure tax compliance, transfer pricing and overseas receivables, and lead a growing finance team with ERP systems (Oracle

Responsibilities

• Financial planning and budgeting: prepare annual budgets, forecasts, MIS reports and project profitability analyses.
• Accounting and revenue recognition: handle monthly close, Ind AS statements, revenue recognition for fixed-price and time-and-material projects.
• International finance and taxation: manage operations across India, the USA and UAE, including remittances, compliance and transfer pricing.
• Cash flow, treasury and banking: manage liquidity, collections, banking facilities and foreign currency exposure.
• Compliance, audits and governance: oversee GST, TDS, income tax, statutory audits and internal controls.
• Finance team and systems leadership: lead the finance team and ERP implementations (Oracle Fusion preferred; SAP/Zoho/Tally acceptable).

Job description

1. Financial planning and business profitability

Prepare annual budgets, financial forecasts, monthly MIS reports and project/client-wise profitability reports. Help management decide which projects and clients are financially beneficial.

2. Accounting and revenue recognition

Handle monthly financial closing, Ind AS financial statements and Ind AS 115 revenue recognition. Understand fixed-price projects, time-and-materials billing, subscriptions, work-in-progress (WIP) and unbilled revenue.

3. International finance and taxation

Manage financial operations involving India, the USA and the UAE, including foreign remittances, FEMA/RBI compliance, transfer pricing, withholding tax, DTAA and overseas receivables.

4. Cash flow, treasury and banking

Manage liquidity, collections, working capital, bank loans, overdrafts, bank guarantees, letters of credit and foreign currency exposure. This is a major part of the role.

5. Compliance, audits and governance

Oversee GST, TDS, income tax, statutory audits, Companies Act compliance and internal financial controls. Experience maintaining clean audits is important.

6. Finance team and systems leadership

Lead and develop the finance team, improve reporting processes and manage finance ERP systems. Oracle Fusion is preferred, but SAP, Zoho or Tally can be acceptable.