Finance Manager

5 days ago


Mohali, Punjab, India FISCO International LLP Full time ₹ 36,00,000 - ₹ 48,00,000 per year

Key Tasks

· To maintain Sales & Purchase ledger on Dynamics for specified clients and companies

· To manage company cash flow and debt collection process

· To manage internal invoicing system for variable & fixed charges and producing backup documents for client charges

· To maintain client invoicing accuracy including aged PORs and invoice query resolution

· To support the allocated account director and account manager with all financial aspects of the relevant contracts

· To build relationships and work closely with operations and mobilisation teams

· To produce savings and JEM reports

· To improve contract gross margin and meet expected budgets

· To ensure all contract profitability is achieved within 3 months of going live

· To produce month end management accounts on time

· To ensure WIP balances are invoiced to clients each month

· To ensure accrued income balances are invoiced to clients each month

· To maintain and manage accrual and prepayment balances monthly

· To maintain accrual balances and identifying areas where no costs are being incurred and analysis on unnecessary accruals

· To maintain variable works accuracy and ensure completed works are invoiced and not greater than 3 months old

· To ensure variable labour and expenses for direct staff is charged to clients each month · To carry out cost vs. budget trend analysis

· To review and check quarterly VAT returns

· To process payroll for specific contracts where applicable

· To maintain accurate fixed asset registers · To produce monthly board reports

· To manage finance team on a day to day basis allocating tasks as required

· To carry out all necessary year end work and audit requirements to accounts sign off

· To manage the relevant allocated accounts assistant

· To maintain minimal invoice coding on Dynamics

· To invoice for rebates to suppliers on the agreed frequency

· To monitor and maintain finance processes

· To review and confirm accuracy of company credit card

Key Performance Indicators

Contract Management: Full ownership and management of all financial aspects of specified contracts

Profitability: Achieve/Exceed budgeted gross margin

Invoicing: Ensure all invoices to be issued accurately by 3rd working day to all clients each month

Relationships: Develop and build relations with all clients and internal operations teams

Management Accounts : Ensure all management accounts to be completed by 15th of each month including balance sheet reconciliations

WIP: Ensure all WIP to be invoiced to clients by the following month

Accrued Income: (Unbilled Receivables) Ensure all accrued income to be invoiced to clients by the following month

Debt: Ensure maximum overdue debt to be no more than 10% of total debt at any time

PORs: Ensure no PORs greater 3 months to be left open on CIMS unless specifically required

Qualification: Ensure full ACCA qualification within the next 2 years

Prepayments: Ensure all prepayments are reversed monthly

Accruals: Ensure all accruals are accurate and analysis completed monthly

Professional Qualification: Accounting background with 3 plus years' experience

Job Types: Full-time, Permanent

Pay: ₹35, ₹40,000.00 per month

Work Location: In person



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