General Manager - Finance & Accounts

1. Invoice to Collection Process Management • Own and manage the complete Invoice-to-Collection (I2C) lifecycle, from invoice generation through to payment realization. • Design and implement robust billing processes ensuring accuracy, timeliness, and compliance with contractual terms. • Monitor accounts receivable ageing, reduce Days Sales Outstanding (DSO), and minimize bad debt exposure. • Establish escalation frameworks for overdue collections and coordinate with business teams for dispute resolution. • Develop dashboards and MIS reports for real-time visibility into receivables and collection performance. 2. Efficiency in Invoicing, Collection Process & Accounting Operations • Identify process bottlenecks and implement automation and process improvements across invoicing, collections, and day-to-day accounting operations. • Leverage ERP systems and technology to streamline workflows, reduce manual intervention, and improve turnaround times. • Establish and enforce Standard Operating Procedures (SOPs) for all accounting functions. • Drive accuracy in financial record-keeping, statutory compliance, and timely month-end/year-end closures. • Benchmark operational KPIs against industry standards and implement continuous improvement initiatives. 3. Overseeing Key Processes: Payroll, Banking & Treasury • Supervise payroll processing to ensure timely, accurate salary disbursements and compliance with statutory deductions (PF, ESI, TDS, Professional Tax). • Manage relationships with banking partners; oversee bank account operations, credit facilities, and guarantee management. • Oversee treasury functions including short-term investments, foreign exchange management, and working capital optimization. • Ensure adherence to internal controls, audit requirements, and regulatory frameworks across all key processes. 4. Fund Planning & Cash Flow Management • Develop and maintain rolling cash flow forecasts (weekly, monthly, quarterly) to ensure adequate liquidity for business operations. • Plan and manage fund requirements, including working capital needs, capital expenditure funding, and debt servicing. • Optimize the organization’s capital structure and cost of borrowing through effective fund management. • Provide strategic inputs on investment decisions, surplus fund deployment, and financial risk mitigation. • Present fund position reports and variance analysis to senior leadership on a regular basis. 5. Management Reporting • Prepare and present comprehensive Management Information System (MIS) reports to senior leadership on a periodic basis. • Lead the finalization of Profit & Loss Statement, Balance Sheet, and Cash Flow Statement in close co-ordination with the FP&A Department. • Develop and maintain treasury planning reports, including Working Capital and Term Debt reporting to Management. • Ensure accuracy, consistency, and timeliness of all management reports and financial dashboards. • Provide analytical insights and commentary on key financial metrics to support strategic decision-making. 6. Banking • Co-ordinate with banks for resolution of service-related issues and ensure smooth banking operations. • Manage the end-to-end process for issuance of Bank Guarantees as per business requirements. • Oversee Drawing Power calculations and ensure timely renewal of banking credit limits and facilities. • Maintain strong banking relationships and negotiate favorable terms for credit facilities and services. 7. Team Building & Management • Build, mentor, and lead a high-performing finance and accounts team aligned with organizational goals. • Define clear roles, responsibilities, and performance metrics for team members. • Conduct regular performance reviews, provide constructive feedback, and create individual development plans. • Foster a culture of accountability, collaboration, and continuous learning within the finance function. • Plan and manage resource allocation to support business growth and operational demands. Job Specification/ Desired Profile • Demonstrated expertise in Invoice-to-Collection management, cash flow planning, and treasury operations. • Strong knowledge of Indian accounting standards (Ind AS), taxation (GST, TDS, Income Tax), and statutory compliance. • Hands-on experience with ERP systems (SAP, Oracle, Tally, or equivalent). • Proven track record of process improvement, automation, and driving operational efficiency. Educational Qualification • M.Com / MBA / CA Finance preferred but not a pre-requisite. Total Experience • Minimum 12–15 years of progressive experience in finance and accounting, with at least 5 years in a leadership role.