Finance Manager

5 days ago


Chennai, Tamil Nadu, India Royal Enfield Full time
Job Title

Team Manager

Job Description

We are seeking a highly skilled Team Manager to lead our Accounts Receivable team at Royal Enfield. The successful candidate will be responsible for managing the AR function, ensuring the maintenance of effective controls, and driving process refinement across the organization.

Key Responsibilities
  1. AR Function Management: Lead and oversee the day-to-day management of all aspects of the Accounts Receivable function, including year-end review/audit, insurance, and external compliance.
  2. Financial Excellence: Drive excellence in stewardship of financials by proactively planning and executing internal audits and open points closure within agreed turn-around-time (TAT).
  3. Controllership MIS: Oversee controllership MIS with timely publishing of actuals backed with insights, forecasting results, and creating reports.
  4. Time Recording and Reporting: Monitor time recording and reporting of correct revenue/receivable for all business lines (Motorcycle, Spares, Apparel/Genuine Motorcycle Accessories/Finance Income/Service Products).
  5. Business Improvement: Support business improvement process such as billing through Depots, set up of new Warehouse/relocation projects.
  6. Internal Controls: Maintain internal controls by preparing end-to-end SOP and control documents for systems linked to SAP.
  7. Digitization/Automation: Implement Digitization/automation projects, thereby moving towards a fully digitized and tech-driven function.
  8. Leadership and Development: Mentor, coach, and lead the controllership AR team, attract, plan future manpower needs, and drive employee engagement while providing learning and development opportunities.
  9. Closure of Dealer Issues: Ensure closure of Dealer issues (Credit note, Debit Note, Incentive, GST Queries) within timeline.
  10. Compliance: Ensure that all accounts receivable procedures are in compliance with legal regulations, including timely return filing and implementing statutory changes such as e-invoice or new TDS rules whenever notified.
  11. GST Compliance: Ensure compliance with GST statutory requirements in AR function.
  12. Monthly Book Closing: Ensure monthly book closing activities are completed within agreed timelines and provide variance explanations.
  13. Balance Sheet Review: Undertake periodic balance sheet review of revenue-related GLs.
  14. Commercial Activities: Manage commercial activities at company-owned brand stores, workshops, and depots.

Requirements:

  • 15+ years' overall experience in Finance function, including 5+ years in a AR leadership role.
  • Extensive knowledge of accounting and management principles.
  • Experience in Manufacturing industry.
  • Should have handled a large team.
  • Hands-on experience with SAP.

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