Team Lead - Finance @Medmetrix

Med-metrix; Chennai District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Medmetrix in Chennai, India is seeking a proactive Team Lead Finance to oversee end-to-end finance and accounting operations. You will drive financial reporting, month-end closures, budgeting, and reconciliations while ensuring statutory compliance and internal controls.

The ideal candidate has 5–8 years of experience in Finance & Accounts, strong ERP skills, and a track record of leading teams and improving processes.

Qualifications

• MBA/PG in Finance or equivalent.
• CA Inter, CMA, ACCA preferred but not mandatory.
• 5–8 years of experience in Finance & Accounts.
• Experience with ERP systems (SAP/Oracle/Dynamics).
• Strong understanding of financial controls and reporting processes.

Responsibilities

• Oversee end-to-end finance and accounting operations.
• Lead financial reporting, month-end closures, budgeting, and reconciliations.
• Ensure compliance with accounting standards and internal policies.
• Drive process improvements and automation within finance processes.
• Mentor and manage the finance team and ensure timely deliverables.

Skills

Financial Accounting

General Ledger Management

Financial Reporting & MIS

Month-End Closures

Reconciliations

Budgeting & Forecasting

Accounts Payable & Accounts Receivable

ERP Systems (SAP/Oracle/Dynamics)

Team Management

Process Improvement

Stakeholder Management

Education

MBA (Finance)

M.Com

B.Com

CA Inter

CMA

ACCA

Tools

SAP

Oracle

Dynamics

NetSuite

Job description

Greetings from Medmetrix!!!

We have an excellent opening for the role Team Lead - Finance at our organisation.

Department: Finance & Accounts

Reporting To: International Controller / CFO

Employment Type: Full-Time | Permanent

Experience: 5 - 8 Years

About the Role

We are seeking a highly driven and detail-oriented Team Lead Finance to oversee end-to-end finance and accounting operations. The ideal candidate will be responsible for financial reporting, month-end closures, budgeting, reconciliations, compliance, process improvement, and team management while ensuring adherence to accounting standards and organizational policies.

Key Responsibilities

Financial Accounting

• Manage day-to-day accounting operations and ensure accurate financial recording.
• Review journal entries, accruals, provisions, prepayments, and adjustments.
• Monitor and maintain General Ledger (GL) integrity.
• Conduct periodic ledger reviews and resolve discrepancies.
• Ensure compliance with accounting standards and internal policies.

Month-End & Year-End Closures

• Lead monthly, quarterly, and annual financial closing activities.
• Prepare and review schedules, reconciliations, and closing reports.
• Ensure timely accounting of depreciation, accruals, provisions, and adjustments.
• Collaborate with cross-functional teams to ensure timely closure of financial activities.
• Support statutory and management reporting requirements.

Accounts Payable & Accounts Receivable

• Oversee AP & AR processes, invoice validation, and payment cycles.
• Monitor vendor and customer outstanding balances.
• Review aging reports and drive timely collections and settlements.
• Resolve invoice and payment-related issues with stakeholders.
• Track advances and ensure timely adjustments.

Reconciliations & Financial Controls

• Review bank reconciliations and balance sheet schedules.
• Investigate and resolve reconciling items and aged balances.
• Ensure proper supporting documentation for all balance sheet accounts.
• Strengthen financial controls and compliance practices.

MIS & Financial Reporting

• Prepare and analyze financial MIS reports and dashboards.
• Provide insights on revenue, expenses, profitability, and working capital.
• Perform budget vs actual and variance analysis.
• Support management with actionable financial insights and recommendations.

Budgeting & Forecasting

• Support annual budgeting and operating plan processes.
• Coordinate with business stakeholders during budget preparation.
• Monitor business performance against approved budgets.
• Prepare monthly and quarterly forecasts.
• Identify cost optimization opportunities and support strategic decision-making.

Compliance & Audit Management

• Ensure compliance with company policies, SOPs, and internal controls.
• Support internal, statutory, and external audits.
• Prepare audit schedules and provide required documentation.
• Track and close audit observations within agreed timelines.
• Drive adherence to authorization controls and governance frameworks.

Process Improvement & Automation

• Identify opportunities to streamline accounting and finance processes.
• Drive automation initiatives and reduce manual interventions.
• Improve reporting efficiency and turnaround times.
• Collaborate with ERP/IT teams for system enhancements.

Team Leadership

• Lead, mentor, and develop the finance team.
• Allocate work, monitor productivity, and ensure quality deliverables.
• Establish timelines for recurring finance activities.
• Drive team capability building and succession planning.
• Ensure business continuity for critical finance operations.

Key Performance Indicators (KPIs)

• Timely and accurate month-end closure
• Accuracy of financial statements and MIS reports
• Completion of account reconciliations within deadlines
• Reduction in aged/open accounting items
• Efficient invoice and payment processing
• Budget adherence and cost control effectiveness
• Timely audit support and closure of audit findings
• Continuous process improvement and automation
• Team productivity and people development

Desired Candidate Profile

Qualifications

• MBA (Finance) / M.Com / B.Com or equivalent qualification.
• Professional certifications such as CA Inter, CMA, ACCA (preferred but not mandatory).

Experience

• 5 to 8 years of experience in Finance & Accounts.
• Strong expertise in:
• Financial Accounting
• General Ledger Management
• Financial Reporting & MIS
• Month-End Closures
• Reconciliations
• Budgeting & Forecasting
• Accounts Payable & Accounts Receivable
• Experience working with ERP systems such as SAP, Oracle, Dynamics, NetSuite, or similar.
• Prior experience managing or mentoring finance teams will be an added advantage.

Key Skills

Finance & Accounts | Financial Reporting | General Ledger | AP & AR | Balance Sheet Reconciliation | Bank Reconciliation | MIS Reporting | Budgeting | Forecasting | Variance Analysis | Internal Controls | Audit Support | Month-End Closure | ERP Systems (SAP/Oracle/Dynamics) | Team Management | Process Improvement | Financial Analysis | Stakeholder Management

Why Join Us?

• Opportunity to work closely with global finance leadership.
• Exposure to strategic finance initiatives and business partnering.
• Collaborative work environment with strong growth opportunities.
• Platform to lead process transformation and automation initiatives.