Finance Manager

We are looking for an experienced Finance Manager to oversee the company's financial operations, project costing, budgeting, cash flow, working capital, statutory compliance, and financial reporting. The ideal candidate should have experience in a project\-based EPC, engineering, water\-treatment, or manufacturing organization, with a strong understanding of project finance, cost control, and profitability management.

Key Responsibilities1\. Financial Planning \& Management

• Prepare annual budgets, financial forecasts, and periodic financial plans.
• Monitor revenue, expenditure, profitability, and financial performance.
• Prepare monthly MIS reports, P\&L statements, balance sheets, and cash flow reports.
• Provide financial insights and recommendations to management for decision\-making.

2\. Project Costing \& Profitability

• Monitor project\-wise budgets, actual costs, committed costs, and estimated costs to complete.
• Review project costing, material costs, labour costs, subcontracting expenses, and overheads.
• Track project margins from order booking through execution and final closure.
• Identify cost overruns, margin leakages, and deviations from approved budgets.
• Coordinate with Projects, Purchase, Design, Production, and Sales teams to ensure accurate project financial control.

3\. Cash Flow \& Working Capital Management

• Prepare and monitor daily, weekly, and monthly cash flow forecasts.
• Manage working capital, receivables, payables, and fund utilization.
• Monitor customer advances, milestone\-based billing, retention money, and overdue payments.
• Plan vendor payments based on project priorities and available funds.
• Coordinate with banks for working capital facilities, loans, bank guarantees, and letters of credit.

4\. Project Billing \& Receivables

• Ensure timely customer invoicing as per contractual and project milestones.
• Monitor pending billing, payment follow\-ups, retention releases, and outstanding receivables.
• Review purchase orders, work orders, payment terms, and commercial conditions.
• Ensure reconciliation of customer and vendor accounts.

5\. Cost Control \& Inventory Management

• Monitor raw materials, bought\-out equipment, work\-in\-progress, finished goods, and project\-site inventory.
• Review inventory valuation, material consumption, stock reconciliation, and obsolete inventory.
• Establish controls for purchase commitments, expenses, and project\-related expenditure.
• Support procurement decisions through cost analysis and financial evaluation.

6\. Taxation, Compliance \& Audit

• Ensure timely GST returns, TDS compliance, income\-tax coordination, and other applicable statutory filings.
• Manage statutory audits, internal audits, tax audits, and financial documentation.
• Ensure compliance with applicable accounting standards, Companies Act requirements, and financial regulations.
• Coordinate with statutory auditors, tax consultants, banks, and other financial institutions.

7\. Internal Controls \& Process Improvement

• Establish financial controls, approval processes, and standard operating procedures.
• Strengthen purchase\-to\-payment, order\-to\-cash, expense approval, and reconciliation processes.
• Identify financial risks, control gaps, and opportunities to improve efficiency.
• Ensure accurate accounting records and reliable financial data.

8\. Team Management \& Management Reporting

• Lead and supervise the Finance \& Accounts team.
• Review accounting entries, reconciliations, and month\-end closing activities.
• Prepare management dashboards covering cash flow, receivables, payables, project margins, and profitability.
• Present key financial updates, risks, and corrective actions to senior management.

Required Skills \& Experience

• Experience in EPC, engineering, manufacturing, industrial equipment, or project\-based businesses.
• Strong knowledge of project costing, budgeting, cash flow, working capital, and profitability analysis.
• Practical experience in GST, TDS, taxation, statutory compliance, and audits.
• Understanding of milestone billing, retention money, customer advances, vendor credit, and bank guarantees.
• Ability to analyze project\-wise financial performance and identify cost overruns.
• Proficiency in Excel, financial MIS, and ERP/accounting software such as Tally, SAP, or similar systems.
• Strong analytical, problem\-solving, communication, and team\-management skills.

Preferred Industry Exposure

Candidates with experience in the following sectors will be preferred:

• EPC and infrastructure projects
• Water and wastewater treatment plants
• ZLD, MVR/MVRE, MEE, ETP, and STP projects
• Industrial equipment manufacturing and fabrication
• Process engineering, chemical plants, and industrial machinery manufacturing

Key Performance Indicators (KPIs)

• Accuracy and timeliness of monthly financial reports.
• Improvement in cash flow and working capital cycles.
• Reduction in overdue receivables and unbilled revenue.
• Accuracy of project cost estimates and margin forecasting.
• Timely completion of statutory filings and audits.
• Control over project cost overruns and avoidable expenses.
• Improvement in inventory reconciliation and financial controls.

Pay: ₹35,000\.00 \- ₹50,000\.00 per month

Application Question(s)

• Have you managed project\-wise costing and profitability for EPC or manufacturing projects?
• Have you prepared cash flow forecasts considering customer advances, milestone billing, vendor payments, and retention money?
• How do you track the difference between estimated project cost, actual cost, and cost to complete?
• Have you handled working capital limits, bank guarantees, letters of credit, or project financing?

Work Location: In person