Sr. Finance Executive

Job Title: Senior Finance Executive

Department: Finance & Accounts

Job Summary:

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  Manage day-to-day financial operations, accounting activities, financial reporting, and statutory compliance.

  
  

  
  
  
  


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  Ensure accurate maintenance of financial records and timely preparation of financial statements.

  
  

  
  
  
  


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  Monitor cash flow, budgets, receivables, payables, and overall financial performance.

  
  

  
  
  
  


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  Coordinate with management, auditors, banks, and statutory authorities.

  
  

  
  
  
  

Key Responsibilities

1. Accounting & Financial Management

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  Manage daily accounting transactions, journal entries, ledger maintenance, and reconciliations.

  
  

  
  
  
  


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  Prepare monthly, quarterly, and annual financial statements.

  
  

  
  
  
  


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  Review the accuracy of financial records and accounting entries.

  
  

  
  
  
  


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  Ensure proper documentation of all financial transactions.

  
  

  
  
  
  

2. Accounts Payable & Receivable

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  Monitor vendor payments, customer collections, and outstanding balances.

  
  

  
  
  
  


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  Verify supplier invoices, payment requests, and supporting documents.

  
  

  
  
  
  


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  Follow up on overdue receivables and coordinate with project teams for payment collection.

  
  

  
  
  
  


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  Ensure timely processing of payments as per approved company procedures.

  
  

  
  
  
  

3. Banking & Cash Flow Management

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  Prepare daily and monthly cash flow statements.

  
  

  
  
  
  


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  Monitor bank balances, cash requirements, and fund utilization.

  
  

  
  
  
  


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  Perform bank reconciliations and resolve discrepancies.

  
  

  
  
  
  


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  Coordinate with banks regarding payments, transfers, loans, and other financial matters.

  
  

  
  
  
  

4. Taxation & Statutory Compliance

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  Handle GST returns, TDS deductions, and related statutory filings.

  
  

  
  
  
  


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  Ensure timely payment of GST, TDS, Professional Tax, and other applicable statutory dues.

  
  

  
  
  
  


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  Coordinate with consultants and authorities for tax assessments and compliance matters.

  
  

  
  
  
  


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  Maintain statutory records and supporting documents for audits.

  
  

  
  
  
  

5. Payroll & Employee-Related Accounts

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  Verify payroll inputs, salary payments, and employee-related financial transactions.

  
  

  
  
  
  


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  Coordinate with HR for PF, ESI, Professional Tax, and other applicable payroll deductions.

  
  

  
  
  
  


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  Ensure accurate accounting of salaries, reimbursements, advances, and employee settlements.

  
  

  
  
  
  

6. Budgeting & Financial Analysis

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  Assist in preparing annual budgets and financial forecasts.

  
  

  
  
  
  


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  Monitor actual expenses against approved budgets.

  
  

  
  
  
  


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  Identify cost variances and recommend cost-control measures.

  
  

  
  
  
  


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  Prepare financial analysis reports to support management decisions.

  
  

  
  
  
  

7. Project Finance & Cost Control

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  Monitor project-wise income, expenditure, and profitability.

  
  

  
  
  
  


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  Review project expenses, subcontractor bills, material costs, and payment certificates.

  
  

  
  
  
  


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  Coordinate with project managers and the billing team regarding project financial matters.

  
  

  
  
  
  


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  Track project advances, retention amounts, receivables, and outstanding payments.

  
  

  
  
  
  


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  Prepare project-wise financial reports for management review.

  
  

  
  
  
  

8. Audit & Internal Controls

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  Coordinate internal, statutory, and tax audits.

  
  

  
  
  
  


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  Provide required financial records and supporting documents to auditors.

  
  

  
  
  
  


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  Ensure compliance with company financial policies and approval procedures.

  
  

  
  
  
  


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  Identify discrepancies and implement appropriate corrective measures.

  
  

  
  
  
  

9. MIS & Management Reporting

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  Prepare monthly MIS reports, cash flow statements, and financial summaries.

  
  

  
  
  
  


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  Submit reports on outstanding payables, receivables, expenses, and fund requirements.

  
  

  
  
  
  


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  Analyse financial performance and highlight significant variations to management.

  
  

  
  
  
  


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  Maintain accurate and updated financial data for decision-making.

  
  

  
  
  
  

10. Team Coordination & Process Improvement

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  Coordinate with the accounts team, HR, procurement, billing, and project departments.

  
  

  
  
  
  


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  Guide junior accounts staff and review their work where required.

  
  

  
  
  
  


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  Ensure timely completion of accounting activities and reporting deadlines.

  
  

  
  
  
  


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  Improve financial processes, documentation, and internal reporting systems.

  
  

  
  
  
  

Qualifications & Experience

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  Bachelor's degree in Commerce, Finance, or Accounting.

  
  

  
  
  
  


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  M.Com, MBA Finance, or CA Inter qualification will be an added advantage.

  
  

  
  
  
  


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  Minimum 5–8 years of relevant experience in finance and accounting.

  
  

  
  
  
  


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  Experience in the construction or real estate industry is preferred.

  
  

  
  
  
  


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  Strong knowledge of GST, TDS, taxation, and statutory compliance.

  
  

  
  
  
  


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  Experience in project accounting, budgeting, cash flow management, and financial reporting.