AM- Audit & Finance

Role Overview

The Assistant Manager – Audit & Finance will be responsible for overseeing and executing core finance operations including Accounts Payable (AP), Accounts Receivable (AR), statutory compliances, and supporting internal and external audits. This role requires hands-on experience in managing end-to-end finance cycles, ensuring accuracy in reporting, adherence to applicable laws, and timely closure of financial activities. The individual will work closely with cross-functional teams and external stakeholders to maintain strong financial governance and operational excellence.

Key Responsibilities

Accounts Payable (AP)

• Ensure timely processing of vendor invoices, payments, and reconciliations.
• Validate supporting documents, approvals, and tax implications.
• Monitor vendor ageing and resolve escalations.
• Drive process improvements and control initiatives to reduce errors and cycle time.

Accounts Receivable (AR)

• Oversee invoicing, collections, customer reconciliations, and credit controls.
• Follow up with internal teams/clients to minimize overdue receivables.
• Maintain accurate revenue recognition and documentation.
• Track AR Aging and prepare periodic MIS for management review.

Audit Support

• Prepare and coordinate documentation for statutory, internal, tax, and compliance audits.
• Liaise with auditors and external consultants to resolve queries and ensure timely closure of books.
• Implement corrective actions arising out of audit observations.
• Maintain audit trails, schedules, and SOPs for all finance processes.

Statutory Compliance

• Ensure timely filing and compliance with statutory requirements such as GST, TDS, PF, PT, corporate taxes, etc.
• Reconcile statutory ledgers and coordinate with consultants as required.
• Ensure accurate provisioning and documentation as per standards.
• Stay updated with relevant laws and notify management of major regulatory changes.

Financial Reporting & Controls

• Support month-end closing, provisioning, reconciliations, and MIS reporting.
• Assist in preparation of financial statements, notes, and supporting schedules.
• Ensure adherence to internal financial policies, controls, and SOPs.

Stakeholder Management

• Work closely with internal departments, vendors, clients, banks, and auditors.
• Drive process alignment and resolve compliance and operational issues proactively.

Desired Candidate Profile

Qualifications

• CA/CA (Inter) / CMA (Preferred)
• Essential: CA Intermediate / CMA Intermediate
• Bachelor’s degree in commerce or finance is a given prerequisite

Experience

• 8-12 years of relevant experience in:
• AP & AR operations
• Financial accounting and closing
• Statutory compliances
• Audit management (internal/statutory)

Technical Competencies

• Strong knowledge of GST, TDS, and other compliance requirements.
• Hands-on experience with ERP systems (SAP, Oracle, Tally, etc.)
• Advanced MS Excel skills (pivot tables, lookup functions, MIS preparation, Python (Preferred)).
• Good understanding of accounting standards and financial controls.

Behavioral Competencies

• Strong analytical and problem-solving skills.
• Ability to handle multiple priorities under tight timelines.
• Attention to detail and ownership mentality.
• Strong communication and stakeholder management skills.

Position Type

Full-time, Individual Contributor with supervisory scope.