Team Lead

6 days ago

Bengaluru, Karnataka, India Aceinotec Manufacturing Full time ₹ 60,00,000 - ₹ 1,20,00,000 per year

Job Description Team Lead (Accounts & Finance)

Department: Finance & Accounts

Reporting To: Head of Finance

Team Size: 1–2 executives directly reporting to TL

Location: Peenya, Bangalore

Qualification: CMA / CA Inter with 2 to 5 years corporate experience post qualification (Manufacturing preferred)

  • Role Overview

The Team Lead will manage key finance functions including Accounts Receivable, budgeting, costing, banking coordination, compliance, and financial reporting for a mid-sized manufacturing company. The role requires strong analytical skills, SAP proficiency, and the ability to guide a small team.

  • Key Responsibilities

1. Accounts Receivable (AR)

  • Manage the full AR cycle—collections, receipt accounting, reconciliations.
  • Handle customer ledger reconciliation, Credit/Debit Notes, and documentation in SAP.
  • Coordinate foreign remittances, LC documents, export formalities, and ORM/IRM closure.
  • Liaise with sales and customers to resolve AR and collection issues.

2. Budgeting & Cost Control

  • Support monthly/annual budgeting and cost centre management.
  • Ensure correct cost centre usage and perform Budget vs Actual analysis.
  • Present findings and variance reports to management.

3. Product Costing

  • Assist in estimated vs actual product cost analysis.
  • Review material, labour, and overhead variances; suggest cost improvement actions.

4. Banking & Compliance

  • Coordinate with banks on loans, renewals, limits, and required documentation.
  • Submit stock statements, DP workings, and financial data on time.
  • Ensure timely processing of EMIs, insurance, and audit support.

5. Process Improvement

  • Support cash flow planning and improve collection/payable processes.
  • Identify automation and efficiency opportunities in SAP/Excel.
  • Skills & System Knowledge
  • Proficiency in SAP and advanced Excel.
  • Strong communication and stakeholder management skills.
  • Ability to lead junior executives and ensure accuracy in financial operations.
  • Required Competencies
  • Ownership, Responsible, accountability, and leadership
  • Analytical and problem-solving ability
  • Process improvement mindset
  • Detail-oriented and deadline-driven

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