Job Description & Scope
Job description Department: Accounts & Finance Role : Sr.Manager /AGM Finance & Compliance Location: Thane Position Overview: This leadership role oversees financial governance, compliance, audit frameworks, IT financial systems, and commercial negotiations while ensuring financial stability and regulatory alignment across the organization. Key Responsibilities 1. Team Leadership & Operational Oversight Lead cross-functional teams across Sales Operations, Purchase Operations, and Master Data Management (MDM). Oversee financial integration within sales, procurement workflows, and master data accuracy. Ensure operational alignment between finance and business strategy. 2. Audit & Compliance, SOP Drafting & Policy Development Lead internal and external audits, ensuring regulatory and statutory compliance. Design and implement Standard Operating Procedures (SOPs) for financial governance. Establish company-wide policies for finance, risk management, and procurement. 3. IT Projects, Enhancements & Maintenance Spearhead IT-driven financial initiatives, ensuring seamless system upgrades. Maintain SAP financial configurations, pricing structures, number ranges, and fiscal year closures. Optimize ERP frameworks for efficient financial reporting and control mechanisms. 4. MIS Validation & Financial Data Verification Validate MIS and Financial Accounting processes for business units (HT, FL and DS) Ensure data accuracy and financial transparency in reporting systems. Strengthen forecasting tools for variance detection and corrective measures. 5. Financial Closure, Variance Analysis & Budget Control Oversee month-end and year-end financial closing procedures. Perform variance analysis to identify discrepancies and optimize financial control. Manage P&L, Balance Sheet reconciliation, and financial tracking via SAP. 6. Commercial Negotiations & Documentation Oversight Lead vendor contract negotiations, procurement agreements, and legal compliance. Ensure accurate documentation in financial transactions and commercial dealings. Strengthen governance frameworks in financial dealings and risk mitigation. 7. Fund Planning, Banking & Approval Processes Optimize fund allocation, cash flow management, and liquidity controls. Supervise banking transactions, payment approvals, and signatory authorizations. Strengthen relationships with financial institutions for improved capital structuring. 8. Budget Control via SAP, P&L, and Balance Sheet Management Develop budgetary frameworks to align financial strategy with operational goals. Oversee Profit & Loss (P&L) statements and balance sheet evaluations. Implement cost-control measures within SAP-driven financial modules. 9. Ad-hoc Cross-Functional Projects & Financial Strategy Initiatives Lead strategic financial initiatives collaborating across business functions. Provide financial expertise for special projects such as expansion plans, restructuring, or M&A. Solve cross-functional finance challenges with data-backed solutions. 10. Key Committee Member in Company Events & Programs Represent the finance function in corporate committees for strategic events. Ensure financial discipline in event-related budgeting, sponsorship negotiations, and reporting. Advise leadership on financial implications of key corporate programs. 11. Business Continuity Management & Fire-Fighting Financial Issues Proactively resolve financial bottlenecks to maintain operational continuity. Manage crisis situations like sudden regulatory changes, liquidity crunches, and audit discrepancies. Strengthen contingency plans to mitigate financial and compliance risks. 12. Audit & Resource Planning Based on Seasonal Trends Anticipate audit requirements based on industry-specific seasonality and business cycles. Adjust resource planning to align with peak business periods and compliance deadlines. Ensure operational readiness for financial audits and regulatory inspections. 13. Store, Warehouse, Inventory & Distributor Audits Conduct structured audits across store locations, warehouses, and inventory management units. Establish co
