Department: Finance & Accounts
Reports To: Director Finance and Accounting
Role Overview
The Senior Manager – Finance is responsible for overseeing financial management,
banking, and compliance functions. The role ensures disciplined fund management,
accurate project cash flow planning, statutory adherence, and effective coordination
between internal teams and financial institutions. The incumbent acts as a reviewer
for all key financial outputs prepared by the accounts team.
Key Responsibilities
A. Daily Responsibilities
Review payment schedule prepared by Assistant Manager – Accounts and
verify fund availability.
Approve and authorize vendor and statutory payments for processing,
ensuring accuracy and proper documentation.
Liaise with banks on day-to-day transactions, fund transfers, and working
capital utilization.
Oversee statutory compliance documentation for GST, TDS, and foreign
remittance-related payments.
Review project cash flow updates and highlight any deviations or fund
requirements.
B. Weekly Responsibilities
Ensure payments are uploaded strictly on 1st and 3rd Friday of every month
as per approved schedule.
Review and update bank-wise working capital utilization report every
week.
Conduct a weekly review meeting with the Project Management team to
track:
o Project stage progress and invoice status.
o Collection delays and milestone deviations.
o Cash flow variances against plan.
Share weekly highlights and key observations with the Head of Finance /
CFO.
Monitor compliance of foreign currency transactions (imports/exports) and
coordinate with banks for timely filing of required documents.
C. Monthly Responsibilities
Oversee the preparation of monthly cash flow statements, both
consolidated and project-wise.
Verify inclusion of all statutory dues (GST, TDS, PF, PT, etc.) in the monthly
payment schedule.
Review month-end bank reconciliations, fund position summary, and
utilization reports.
Present the monthly financial position, highlighting liquidity status, overdue
receivables, and projected inflows/outflows.
Evaluate and recommend measures to optimize working capital usage and
cost of funds.
D. Annual Responsibilities
Coordinate with auditors and finance team for year-end closing, statutory
audit, and bank confirmations.
Review annual cash flow and working capital budget; align with business and
project plans.
Assess long-term funding needs and assist management in arranging
additional banking facilities if required.
Ensure compliance with RBI/FEMA requirements for foreign remittances and
export documentation.
Support management in formulating financial strategies and policies for cost
control and efficiency improvement.
E. Key Interfaces
Internal: Accounts Team, Project Management, Procurement, HR & Admin.
External: Banks, Auditors, Consultants, and Regulatory Authorities.
Qualifications & Experience
Chartered Accountant (CA) / Cost Accountant (ICWA) / MBA (Finance).
Minimum 5 – 9 years of experience in finance, treasury, and banking
operations.
Preferably from a project-based / EPC / manufacturing environment.
Key Skills & Competencies
Strong grasp of cash flow management, fund allocation, and project
financials.
Excellent communication and cross-functional coordination skills.
Proficiency in Excel, ERP systems, and online banking tools.
Analytical, proactive, and disciplined in financial controls.
Key Performance Indicators (KPIs)
Accuracy and timeliness of payment processing.
Compliance adherence (GST, TDS, FEMA, etc.).
Working capital utilization efficiency.
Reduction in delays in receivables and project cash flows.
Quality and timeliness of management reporting.