Senior Manager – Finance
1 week ago
Role Overview: Senior Manager (Finance and Accounts)
This critical leadership position is located at the Corporate Office in
Bangalore
and reports directly to the
CEO
. The role is designed for a dynamic finance leader who will be a key member of the leadership team, responsible for
driving financial performance, planning, and governance
. The selected candidate will play a pivotal role in
building a future-ready finance function for a scaling enterprise
. The position requires strong business acumen, a thorough understanding of funds management, and hands-on experience in managing all aspects of finance, accounting, costing, and management accounting operations.
The Senior Manager is expected to secure governance, provide
clear insights for decision making
, offer advice on financial and allied matters, and ensure accurate reporting and compliance with all relevant laws, rules, regulations, and guidelines. Career growth opportunities exist based on performance track record and potential exhibited.
Mandatory Qualifications and Experience
Candidates must meet several non-negotiable criteria regarding education, tenure, and industry exposure:
- Education and Qualification:
A
B. Com degree is mandatory
. The candidate must hold at least a
CA (Inter) or CMA (Inter)
qualification, or the equivalent final phase of qualification. Holding an additional qualification, such as an
MBA (Finance)
, will be considered an advantage. - Total Experience:
The role requires
around 10 to 15 years
of progressive professional experience in Finance and Accounts roles. Experience must be
not below 10 years
, and over 15 years is considered favorable. - Leadership Requirement:
A minimum of
five years in a documented leadership capacity
is mandatory. This leadership experience must include managing a team of
at least 5 to 10 people
to demonstrate genuine leadership skills. - Industry Experience:
A significant proportion of the candidate's history must be in a relevant environment;
70% or above
of the total experience must have been gained in a
growth-oriented manufacturing, specialty chemicals, or process industry
setting.
Core Functional Expertise and Digital Focus
The role requires expertise in specific, advanced functional areas:
- Costing and Accounting:
Candidates must have good knowledge and hands-on expertise in
Advanced Costing
, including
product costing and added value costing
. This is necessary for implementing a robust cost and management accounting system that provides inputs for key decisions related to
pricing and profitability maximization
. The manager is responsible for the entire financial and cost accounting operations, accounts closing, audits, and internal controls. - Financial Planning:
Expertise in
Budgeting/Forecasting
is mandatory, which includes providing actionable insights to support growth, margin improvement, and cost optimization. - Treasury and Funding:
Mandatory expertise in
Treasury Management
, which involves managing banking relationships, optimizing the cost of funds, and exploring and negotiating debt, working capital financing, and funding options required for expansion. The manager must also drive initiatives for cost of capital optimization and efficient cash flow management. - Compliance and Taxation:
Expertise in
Taxation (statutory and compliance)
is mandatory. The role requires ensuring compliance with statutory, tax, and financial reporting regulations, as well as the Companies Act, SEBI, GST, and other applicable regulations. Liaison with auditors, tax authorities, legal advisors, and regulatory bodies is a key responsibility. - Digital Transformation:
The Senior Manager will
lead finance automation and digitization initiatives
and work closely with IT teams to implement ERP and financial reporting tools.
Key Competencies
Successful candidates must demonstrate strategic thinking, sharp business acumen, financial discipline, analytical ability, strong communication, and stakeholder management. They must also possess leadership, people development skills, integrity, ethical conduct, and execution orientation with attention to detail.
Analogy for Understanding the Role:
The Senior Manager (Finance and Accounts) functions much like a
master air traffic controller
for the company's financial operations. They don't just record where the planes (transactions) land; they use sophisticated radar (advanced costing, treasury, and budgeting) to ensure every plane is routed efficiently, safely (compliance), and profitably, optimizing the flow of financial capital to achieve maximum speed and reach the strategic destination set by the CEO.
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