Finance Transformation Manager

4 days ago

Chennai, Tamil Nadu, India En Koyara Foods Full time ₹ 20,00,000 - ₹ 25,00,000 per year

1. Finance Process Development and Implementation

  • Design and implement standardized finance processes across sales, ordering, accounting,

procurement, inventory, and operational areas.

  • Establish workflows to improve efficiency, transparency, and accuracy in financial

transactions.

  • Develop policies and procedures for financial approvals, ensuring consistency across

departments.

  • Utilize technology solutions (e.g., ERP systems) to automate and streamline finance

processes.

2. Tax, Governance and Control

  • Implement governance frameworks to monitor adherence to financial policies and

procedures.

  • Develop and enforce approval hierarchies for financial decisions, budgets, and expenditures.
  • Ensure compliance with regulatory requirements, such as tax laws, statutory filing, financial

reporting standards, and industry-specific guidelines.

  • Responsible for GST, TDS, PF, ESI and any tax compliance filing.

3. Sales and Order Management

  • Collaborate with sales and order management teams to establish pricing, billing, and credit

approval processes.

  • Ensure timely invoicing, payment collection, and revenue reconciliation.Role & responsibilities
  • Monitor outstanding payments and develop strategies to reduce receivable cycles.

4. Accounting and Financial Reporting

  • Oversee accounting activities, including ledger management, financial reconciliations, and

month-end closings.

  • Prepare and review financial statements to ensure accuracy and compliance with standards

(e.g., IFRS, GAAP).

  • Provide actionable insights to senior management through financial analysis and reporting.

5. Procurement and Inventory Control

  • Work with the procurement team to establish cost control measures, vendor payment

terms, and approval mechanisms.

  • Set Re-ordering levels across all the products based on sales pattern
  • GRN process and Item movement analysis of products purchased vs sold
  • Oversee inventory valuation, stock movement tracking, and cost of goods sold (COGS)

analysis.

  • Ensure accurate recording of inventory and purchase transactions in the accounting system.

6. Cross-Functional Collaboration

  • Partner with operations, sales, and logistics teams to ensure seamless integration of finance

processes across departments.

  • Provide financial guidance for decision-making in production planning, stock management,

and sales strategies.

  • Act as the finance point of contact for interdepartmental projects and initiatives.

7. Governance Approvals

  • Approve budgets, purchase orders, and major financial commitments, ensuring alignment

with company objectives.

  • Monitor deviations from approved budgets and escalate concerns to senior management.
  • Ensure all financial transactions are properly authorized and documented.

8. Training and Development

  • Train staff on financial policies, processes, and tools to ensure compliance and efficiency.
  • Promote a culture of financial discipline and accountability across the organization.

Educational Requirements

  • Bachelors degree in Finance, Accounting, or a related field (MBA or professional

certifications like CMA, CA or CPA would be a add-on).

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