Business Financial Operations Manager

9 hours ago


Pune, Maharashtra, India Palmonas Full time

Palmonas Overview

Palmonas is a modern demi-fine jewellery brand that ships to over 200 countries and collaborates with top retailers worldwide. Our distinctive pieces are designed in-house at the Koregaon Park headquarters in Pune, focusing on fashionable designs with high-quality construction for everyday wear.

The Accounts Manager will be responsible for overseeing end-to-end financial activities, ensuring accurate financial records and reporting. This includes order-level tracking, revenue reconciliation, expense management, and detailed data analysis. The ideal candidate will have a meticulous eye for detail, proficiency in cross-functional reconciliation, and hands-on experience with multi-channel transactions.

Main Responsibilities:

  • Financial Reconciliation & Analysis:
  • Reconcile sales and revenue data across various channels, including online marketplaces, Shopify, and retail operations.
  • Match bank statements with accounting entries, ensuring all transactions are accurately reflected and discrepancies are resolved promptly.
  • Review logistics, payment gateway settlements, refunds, discounts and credit notes, and chargebacks to ensure correct accounting treatments.
  • Accounts Payable & Receivable Management:
  • Oversee the end-to-end accounts payable process, including vendor invoice verification, payment scheduling, and maintaining accurate records of expenses.
  • Manage accounts receivable to ensure timely invoicing and collections, minimizing outstanding balances and payment delays.
  • Order & Purchase Level Accuracy:
  • Track and understand all commercial terms with service providers, partners, and suppliers to ensure correct accounting at order and purchase levels.
  • Validate inventory purchases and returns, updating accounting systems to reflect stock movements accurately.
  • Financial Reporting & MIS:
  • Prepare monthly, quarterly, and annual financial statements, including P&L, balance sheet, and cash flow statements, in compliance with statutory requirements.
  • Develop comprehensive MIS reports, dashboards, and KPIs to provide insights into sales performance, profitability, and cost optimization opportunities.
  • Collaborate with cross-functional teams (Sales, Marketing, Operations) to provide financial insights and align on business objectives.
  • Compliance & Internal Controls:
  • Ensure compliance with local tax regulations, GST filings, TDS/TCS, and any other statutory requirements.
  • Maintain and strengthen internal controls, accounting policies, and standard operating procedures (SOPs) for financial operations.

About You

  • Education: Bachelor's degree in Accounting, Finance, or related field.
  • Experience: Minimum 5+ years of accounting experience, preferably in an e-commerce, retail, or D2C environment.
  • Technical Skills:
  • Proficiency in accounting software (e.g., QuickBooks, Tally, or ERP systems) and advanced Excel skills for data manipulation and reporting.
  • Familiarity with Shopify, online marketplaces (Amazon, Flipkart), and payment reconciliation processes is desirable.
  • Analytical Mindset: Strong analytical and problem-solving skills, with the ability to translate complex financial data into actionable insights.
  • Attention to Detail: Meticulous and detail-oriented approach to ensure accurate financial records and reporting.
  • Communication & Interpersonal Skills: Excellent written and verbal communication skills; ability to work collaboratively with cross-functional teams and external partners.

What We Offer:

  • A dynamic and fast-paced work environment where your contributions will have a direct impact on company growth.
  • Competitive compensation and benefits package, estimated salary ₹3,600,000 - ₹4,000,000 per annum.
  • Opportunities for professional growth, learning, and development within a rapidly scaling brand.

Job Details:

Location: Pune, Maharashtra.

Timing: 10 am to 7 pm.

Working Days: Monday to Saturday.



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