Finance Manager

Company Description

We, Biotastic Health Systems (Ice Code Recovery), offer innovative cold therapy solutions and red light therapy panels to enhance wellness. We are transitioning to Biotastic and introducing saunas for relaxation and rejuvenation. Located in Chennai, India, we are focused on providing next-level wellness experiences.

Salary: 4-6 LPA

Role Description

This is a full-time, on-site finance manager role located in Chennai at Biotastic Health Systems (Ice Code Recovery). The finance manager will be responsible for overseeing financial operations, preparing budgets, conducting financial analysis, and ensuring compliance with regulations. The role will also involve collaborating with cross-functional teams and senior management to drive financial strategies and decision-making.

RESPONSIBILITIES:

Financial Strategy and Operations:

• Lead all financial functions, including budgeting, forecasting, payroll, and cash flow management.
• Deliver accurate monthly and annual financial statements to support strategic decision-making.
• Develop internal controls and risk management practices to maintain financial stability.

Tax and Regulatory Compliance:

• Handle all GST filings, import/export tax documentation, and regulatory reporting with precision.
• Stay on top of financial regulations and ensure full compliance with statutory laws, audits, and government filings.
• Coordinate with auditors, CA firms, and government bodies as required.

Credit Management (B2B & B2C):

• Oversee credit terms for bulk/wholesale buyers, ensuring structured agreements and clear payment timelines.
• Track and follow up on outstanding receivables from distributors and retail partners, reducing DSO (Days Sales Outstanding).
• Work closely with the sales and customer service teams to manage account health.

Administrative Leadership:

• Manage vendor payments, procurement activities, and overall administrative processes.
• Oversee purchase orders, supplier coordination, contract management, and inventory documentation.
• Ensure smooth internal workflows and act as a liaison across finance, operations, and procurement.

Qualifications:

• 3+ years of experience in finance or accounting, preferably in a leadership role
• Strong grip on accounting standards, tax laws (especially GST and import/export norms), and compliance frameworks
• Experience in credit and collections management, especially for B2B transactions
• Proficient in tools like Tally, QuickBooks, SAP, Zoho Books, or similar ERP systems
• A multi-tasker with great communication
• Financial analysis, Budgeting, and Compliance skills
• Experience in financial operations and reporting
• Knowledge of accounting principles and financial regulations
• Experience in the healthcare industry is a plus.