Senior Finance Manager

Position: Senior Manager – Finance (Procure to Pay & Receivables Control) Qualification: Chartered Accountant (CA) Experience: 5–7 years of post-qualification experience in Finance & Accounts, preferably in FMCG, Beauty & Personal Care, Consumer Products, Quick Commerce, E-commerce, Retail, or D2C businesses. Strong experience in Procure-to-Pay (P2P), Vendor Management, Accounts Payable, Customer Receivables, Reconciliations, and Working Capital Management. Exposure to Quick Commerce platforms (such as Blinkit, Zepto, Instamart, BigBasket, etc.), E-commerce marketplaces, Modern Trade, and General Trade business models will be preferred.

Hands-on experience in managing high-volume transactions, invoice processing, customer deductions, claim settlements, channel partner reconciliations, and revenue-related controls. Sound understanding of GST, financial controls, statutory compliance, audit requirements, and ERP systems (SAP, Tally). Proven experience in leading teams, driving process improvements, automation initiatives, and strengthening financial governance frameworks.

Key Responsibilities 1. End-to-End Vendor Invoice Governance Own and oversee the end-to-end vendor invoice lifecycle from receipt to accounting and payment closure. Establish controls to monitor invoice processing timelines and resolve bottlenecks impacting accounting and payment cycles.

Review invoice exception reports and drive timely closure of discrepancies with procurement, warehouse, business, and finance teams. 3. GRN/SRN & Invoice Reconciliation Management Monitor invoice-to-GRN/SRN matching status and ensure timely closure of unmatched transactions. Drive coordination with procurement, warehouse, supply chain, and business stakeholders for pending receipt confirmations.

Review aging of pending GRN/SRN cases and implement corrective actions to reduce reconciliation gaps. Ensure completeness and accuracy of liabilities through periodic reconciliation reviews. 4. Vendor Payments & Reconciliation Control Oversee invoice-wise reconciliation of vendor payments, advances, debit notes, credit notes, and other adjustments.

Review vendor ledger reconciliations and outstanding balances to ensure accuracy and completeness. Validate payment schedules and ensure adherence to agreed payment terms and working capital objectives. Escalate and resolve aged outstanding items and reconciliation exceptions. 5.

Customer Receivables Management Own end-to-end monitoring of customer receivables across Quick Commerce, E-commerce, Modern Trade, and General Trade channels, with invoice-wise tracking of collections, deductions, credit notes, claims, and settlements. Review receivable aging, overdue balances, customer deductions, and collection performance across channels and key accounts. Monitor platform reconciliations and settlement statements Identify, investigate, and escalate exceptions impacting recoverability, revenue recognition, or customer account reconciliation.

Drive timely closure of disputed receivables and ensure accuracy of customer ledger balances. Partner with Sales, Commercial, Supply Chain, and Business teams to improve collection efficiency and reduce overdue receivables. 6. MIS, Controls & Process Excellence Review and present periodic MIS on invoice processing, GRN/SRN exceptions, vendor reconciliations, customer receivables, channel-wise deductions, and working capital metrics.

Develop dashboards and exception reporting mechanisms to improve visibility and decision-making. Track KPIs related to invoice processing efficiency, reconciliation accuracy, payment timelines, collections performance, and deduction recovery. Lead process improvement initiatives, automation projects, and SOP enhancements to strengthen financial operations and scalability. 7.

Audit, Compliance & Risk Management Ensure adherence to company policies, financial controls, GST regulations, and statutory requirements. Review documentation standards and maintain audit-ready records for all vendor and receivable transactions. Coordinate and support internal audits, statutory audits, GST audits, and other compliance reviews.

Identify process risks and implement corrective and preventive control measures to strengthen governance.