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Job Description

Job Description Finance Manager

Company: Elance Learning Provider

Department: Finance

Reporting To: Finance Lead / CFO

Employment Type: Full-Time

Location: Kochi

Experience: 5+ Years

Role Summary

The Finance Manager is responsible for leading end-to-end financial operations across all Elance Learning Provider branches. This role ensures strong financial discipline, robust internal controls, accurate reporting, efficient treasury management, and statutory compliance. The position partners closely with business leaders to drive financial clarity, governance, and sustainable growth in a multi-location EdTech environment.

Key Responsibilities

Financial Accounting & Reporting

Manage bookkeeping, receipts, payments, and bank/cash reconciliations across all centers

Lead month-end and year-end closing processes

Prepare, review, and present MIS, financial statements, and management reports

Strengthen accounting systems, SOPs, and internal controls

Treasury & Fund Management

Monitor daily cash positions and ensure liquidity across branches

Manage cash flow forecasting, fund allocation, and payment scheduling

Oversee EMI payments, vendor payouts, and statutory dues

Maintain banking relationships and negotiate loans, credit facilities, and limits

Manage reserves, investments, and fund utilization analysis

Receivables & Student Fee Governance

Lead RMFinance and collections teams across all locations

Track overdue student accounts and improve recovery rates

Implement receivable controls to prevent revenue leakage

Analyze collection trends and define monthly and quarterly targets

Budgeting, Forecasting & Business Partnering

Prepare annual budgets and unit-wise P&L tracking

Analyze revenue trends, cost structures, and profitability

Develop rolling forecasts for revenue, cash flow, and expenses

Provide financial insights and risk analysis to leadership and business heads

Compliance, Audit & Statutory Management

Ensure timely GST, TDS, PF, ESI, PT, MCA, and other statutory filings

Coordinate with internal and external auditors for audits and closures

Manage vendor reconciliations, statutory documentation, and certificates

Vendor & Procurement Finance

Manage vendor relationships, rate negotiations, and settlements

Implement invoice verification, approval workflows, and reconciliations

Risk Management & Internal Controls

Monitor fund flows and ensure accountability across financial transactions

Identify financial risks and implement corrective measures

Strengthen controls over course registrations (ACCA, CMA US, CMA IND)

Ensure zero financial or compliance deficiencies

Team Leadership & People Management

Lead and mentor Accounts, Treasury, and RMFinance teams

Define roles, track productivity, and conduct performance reviews

Build a disciplined, data-driven, and process-oriented finance culture

Ensure smooth cross-functional coordination

Required Skills & Competencies

Strong expertise in accounting, treasury, and financial reporting

Experience in budgeting, forecasting, and cash flow management

Strong knowledge of statutory compliance and audit processes

Leadership experience managing multi-location teams

High analytical ability, attention to detail, and process orientation

Strong communication and stakeholder management skills

Qualifications

MBA (Finance) / CA / ACCA / CMA / M.Com

Minimum 5+ years of relevant finance leadership experience

KPIs & Performance Metrics

Financial Control & Reporting

100% on-time month-end and year-end closures

Zero material misstatements in financial reports

Accurate MIS delivery within defined timelines

Cash Flow & Treasury

Maintain adequate liquidity across all branches

Cash flow forecast variance within acceptable limits

Zero missed critical vendor or statutory payments

Receivables & Collections

Student fee collection targets achieved monthly

Reduction in overdue receivables QoQ

Zero revenue leakage cases

Compliance & Audit

100% on-time statutory filings

Zero major audit observations or penalties

Team & Process Efficiency

Finance SLAs met across branches

Process improvements implemented each quarter

High productivity and engagement within finance teams

More Info

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Job ID: 142101951

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