1mo ago

Finance Manager

India·MumbaiFull-timemid

Finance & AccountingFinance Manager

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Quick Summary

Overview

Key Responsibilities Financial Accounting & Reporting Ensure proper, accurate,

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Finance & AccountingFinance Manager

Responsibilities

~1 min read

→Support management with financial analysis and business insights through a 360-degree understanding of business operations
→Participate in continuous improvement initiatives related to finance and accounting processes
→Perform any additional finance, accounting or compliance responsibilities assigned by management from time to time

Ensure proper, accurate, and timely maintenance of day-to-day accounting and financial records
Prepare monthly and annual financial statements and ensure timely finalization of the Balance Sheet
Perform general accounting activities including Journal Vouchers (JVs)
Maintain accounting records in SAP and ensure adherence to company accounting policies and Group policies and procedures
Introduce and implement best accounting practices and process improvements
Prepare management reports (MIS), financial analysis and other reports required by senior management and the Group
Assist in preparation of Long-Term Plans (LTP) and annual business plans (budgets) in co-ordination with other departments
Monitor actual expenditure against budgets and report variances with appropriate analysis
Analyze profitability and recommend measures for cost optimization
Monitor reimbursements receivable from various brands
Monitor accounting and provisions brand wise for discounts and various schemes

Manage Accounts Payable processes including vendor invoice verification, purchase order validation, payment processing and vendor reconciliations
Monitor vendor advances and recover excess payments where applicable
Handle Accounts Receivable reconciliation and communicate effectively with customers regarding outstanding balances
Prepare AR reports for monthly MIS and management review
Perform related party reconciliations in both vendor & customer accounts
Account for related party transactions in compliance with applicable accounting standards and company policies

Ensure accurate accounting of wages, salaries, incentives, allowances, statutory deductions and employee benefits
Ensure timely processing and disbursement of payroll and employee-related payments
Maintain accounting records relating to manpower costs and employee benefit obligations

Coordinate foreign remittances and import-related payments with banks
Prepare stock statements, Financial Follow-up Reports (FFR), CMA data and other banking submissions

Ensure timely payment of statutory dues including GST, TDS, TCS, PF, ESI, Professional Tax and other applicable statutory liabilities
Ensure compliance with Companies Act and other applicable financial regulations
Support statutory filings and ensure compliance without penalties or interest

Conduct periodic inventory reconciliations and stock verification in coordination with warehouse team
Establish and monitor inventory management and stock verification processes
Maintain the Fixed Asset Register with complete details of asset location, movement, capitalization and disposal
Ensure physical identification, numbering and safeguarding of company assets

Coordinate with internal auditors, statutory auditors and external consultants
Prepare audit schedules and provide necessary documentation during audits
Address audit observations and ensure timely closure of audit queries
Strengthening internal controls and compliance processes

Monitor petty cash utilization and controls
Ensure proper documentation for banking and finance-related transactions

Strong knowledge of Financial Accounting, Cost Accounting and Corporate Finance
6 to 8 years of experience
Hands-on experience with SAP ERP environment
Strong understanding of Indian Accounting Standards, GST, TDS, TCS, Companies Act and other statutory compliances
Experience in budgeting, forecasting, MIS reporting and financial analysis
Knowledge of inventory accounting, fixed asset accounting, payroll accounting and treasury operations
Experience in handling statutory and internal audit
Excellent analytical, problem-solving and organizational skills
Strong communication and stakeholder management abilities
Ability to work independently with minimal supervision
High attention to detail, integrity and commitment to deadlines

Location & Eligibility

Where is the job

Mumbai, India

On-site at the office

About this job

Posted: 51 days ago
Employer: has 171 open jobs on Jobera in 9 countries.

Listing Details

Posted: September 1, 2026
First seen: September 30, 2026
Last seen: October 22, 2026

Posting Health

Days active: 21
Repost count: 0
Trust Level: 31%
Scored at: October 22, 2026

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LUXASIA is the leading beauty omnichannel brand-builder in Asia Pacific, partnering with over 120 luxury beauty brands since 1986. They offer integrated capabilities in luxury retail, online commerce, consumer marketing, and supply chain management across 15 markets.

Employees

1,001-5,000

Domain

Jobs

View 171 jobs

View company profile

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