Manager – Cost Assurance

FinOps Weekly; Mumbai; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

JioStar in Mumbai is seeking a Manager – Cost Assurance with 7–10 years of experience to join the finance team. The role focuses on accurate accounting, timely financial close, cost control, reconciliations, reporting, and process improvement across cross‑functional stakeholders.

The ideal candidate will have CA Inter or MBA in Finance, strong ERP/SAP and Excel skills, and a track record of executing month‑end and quarter‑end closes with vigilance on GST and TDS reconciliations.

Qualifications

• 7–10 years of experience in R2R, Cost Assurance, Financial Control, or Management Accounting.
• Strong understanding of accounting principles and accrual accounting.
• Experience with month-end/quarter-end close activities.
• Knowledge of GST and TDS reconciliations.
• Proficiency in ERP SAP and MS Excel.

Responsibilities

• Support monthly, quarterly, and annual close activities.
• Post accrual journal entries for expense recognition.
• Monitor cost provisioning and accuracy of records.
• Review aged accruals, GR/IR balances, and open items.
• Manage end-to-end invoice processing with controls.
• Track invoice status and coordinate with business teams.
• Prepare MIS reports and perform variance analysis.
• Coordinate with tax teams for GST and TDS reconciliations.
• Identify process improvements and automation opportunities.
• Support audits and system implementations.

Skills

R2R

Cost Assurance

Financial Control

Management Accounting

GST

TDS

Month-end Close

Stakeholder Management

Excel

Education

CA Inter

MBA in Finance

Tools

SAP

Microsoft Excel

Power BI

Job description

# Manager – Cost AssuranceMumbaiFinOpsNot Specified14/07/2026Full-timeOnsiteFavoriteAccess Job## Job Description# Cost Assurance Analyst / Manager\*\*Location:\*\* Mumbai \*\*Experience:\*\* 7–10 years \*\*Qualification:\*\* CA Inter / MBA (Finance)## About the Role JioStar is hiring a finance professional for its Cost Assurance team in Mumbai. The role focuses on accurate accounting, timely financial close, cost control, reconciliations, reporting, and process improvement.This position works across finance and business stakeholders to support month-end, quarter-end, and annual closure activities. It also plays a key role in expense recognition, invoice governance, provisioning, and financial reporting.ManagementThe role is suited to someone who can combine strong accounting fundamentals with stakeholder management, analysis, and process discipline.## Key Responsibilities – Support monthly, quarterly, and annual close activities in line with accounting policies and timelines. – Prepare, review, and post accrual journal entries to support accurate expense recognition. – Monitor cost provisioning and maintain completeness and accuracy of financial records. – Review and clear aged accruals, GR/IR balances, and other outstanding accounting items. – Manage invoice processing end to end, including internal controls and approval workflows. – Track invoice status and work with business and commercial teams to resolve processing issues. – Ensure expenses are documented and accounted for correctly. – Perform Related Party Transaction (RPT) reconciliations and reporting. – Complete periodic TDS and GST reconciliations and coordinate issue resolution with tax teams. – Ensure compliance with internal policies, accounting standards, and statutory requirements. – Prepare monthly and quarterly MIS reports for management review. – Carry out variance analysis against budgets, forecasts, and prior periods. – Highlight key business drivers and risks to stakeholders. – Partner with FP&A on accrual planning, provisioning, and reporting. – Work with Commercial, Procurement, and Business teams to support invoice processing and cost governance. – Act as a finance point of contact for cost-related queries and reporting needs. – Identify opportunities to improve processes and increase automation. – Support dashboard development, automation initiatives, and continuous improvement efforts. – Strengthen internal controls and standardize processes across activities. – Support audits, management reviews, system implementations, and other special projects as needed.Management## Required Skills – CA Inter or MBA in Finance. – 7–10 years of relevant experience in Record-to-Report (R2R), Cost Assurance, Financial Control, or Management Accounting. – Strong understanding of accounting principles, accrual accounting, and financial reporting. – Hands-on experience with month-end and quarter-end close activities. – Knowledge of GST, TDS, and reconciliation processes. – Strong analytical and problem-solving skills with a high level of attention to detail. – Proficiency in ERP systems such as SAP or equivalent. – Strong Microsoft Excel skills. – Experience in MIS reporting, variance analysis, and stakeholder management. – Ability to work in a fast-paced environment and manage multiple priorities. – Strong communication and business partnering skills.## Preferred Skills – Experience in media, entertainment, FMCG, telecom, technology, or large corporate environments. – Exposure to automation tools such as Power BI, Alteryx, VBA, or similar technologies.## Cloud Platforms & Technologies – \*\*ERP Systems:\*\* SAP or equivalent – \*\*Spreadsheets:\*\* Microsoft Excel – \*\*Analytics & Automation:\*\* Power BI, Alteryx, VBA## Why You Might Be Interested This role offers broad exposure across cost assurance, accounting close, reconciliations, reporting, and business partnering. It also includes opportunities to contribute to process improvement, automation, dashboard development, and internal control enhancement. The position works closely with finance, commercial, procurement, FP&A, and business teams, making it a strong fit for candidates seeking cross-functional impact.