Senior/Manager Finance

2 days ago

Salt Lake Kolkata West Bengal, India BIGHNESH CORPORATION Full time

Job Location : Kolkata, Sector V

Position : Senior/Manager Finance (Head Office)

Experience : 5 to 8 years

Qualifications : Graduate

Gender : male

Industry : Insurance

Joining : As soon as possible

Role Summary

The Senior/Manager Finance is the financial hygiene and

the key facilitator for the field sales force. This role requires precision, strict

adherence to timelines, and ensuring the complex commission and reimbursement

processes run flawlessly.

Key Responsibilities

 Commission Processing and Payout (Critical Focus):

o Manage the end-to-end processing of POSP Commission Payouts,

ensuring strict adherence to the payment schedule and accurate calculation of variable incentives (LTIP, Streak Bonuses).

o Manage all financial flows related to ADO and TM variable pay to ensure motivation and compliance are maintained.

 Reconciliation and Revenue Assurance:

o Commission Reconciliation: Daily follow-up and reconciliation of commission payments received from all partnered Insurers. Ensure payments are received on time and accurately recorded.

o Bank Operations: Manage day-to-day banking activities, funds transfers, and reconciliation of cash flows.

 Expense Management:

o Process Business Reimbursements and Travel Reimbursements (based on the approved TEM Policy) for the field team promptly and accurately.

o Manage Advance Settlements for TMs and Cluster Heads, ensuring timely closure and compliance with internal norms.

 Statutory Compliance and Reporting:

o Ensure all statutory payments (TDS, GST, PF, etc.) and regulatory reporting are completed accurately and submitted by deadline.

o Prepare internal financial MIS reports (P&L, Cash Flow, Budget vs. Actuals) for senior management review.

o Oversee all vendor payments, ensuring adherence to financial

timelines and compliance procedures.

Required Qualifications

 Skills: Strong knowledge of Tally/SAP and advanced Excel. Deep understanding of Indian tax and statutory compliance requirements.

 Mindset: Impeccable attention to detail, highly process-driven, and a proactive attitude towards resolving financial queries from the field force quickly (supporting the Agility value).

Job Type: Full-time

Pay: ₹350, ₹450,000.00 per year

Ability to commute/relocate:

  • Salt Lake, Kolkata, West Bengal: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

  • Current Salary
  • Notice period
  • are you from insurance sector

Education:

  • Bachelor's (Preferred)

Experience:

  • Account Manager: 7 years (Preferred)
  • Corporate finance: 7 years (Preferred)
  • Insurance: 4 years (Preferred)
  • GST Return And Filing: 7 years (Preferred)
  • TDS return and filing: 7 years (Preferred)
  • ITR: 7 years (Preferred)
  • Prepare internal MIS reports (Cash Flow, Budget vs Actuals): 7 years (Preferred)
  • Tally: 7 years (Preferred)

Location:

  • Salt Lake, Kolkata, West Bengal (Preferred)

Work Location: In person

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