COCOA CLOUD
Website:
cocoacloud.in
Job details:
- Role Overview
- The Finance Manager leads the complete financial operations of Elance Learning across all branches, ensuring strong financial discipline, robust internal controls, accurate reporting, and efficient treasury management. The role oversees Accounting, Treasury, and RM-Finance teams, driving financial clarity, operational excellence, and strategic fund management. The Finance Manager plays a critical role in budgeting, forecasting, compliance, and supporting business heads with financial insights for decision-making.
Key Responsibilities
1. Financial Accounting & Reporting
• Manage bookkeeping, receipts, payments, and bank/cash reconciliations across all campuses. • Lead month-end closing, finalize financial statements, and ensure accurate MIS reporting. • Prepare, review, and present financial reports for management and external stakeholders. • Strengthen accounting systems, SOPs, and internal controls to enhance transparency.
2. Treasury & Fund Management
• Monitor daily cash positions, ensuring liquidity for branch operations and vendor commitments. • Manage cashflow forecasting, fund allocation, and payment scheduling for EMIs, vendor payouts, and statutory dues. • Maintain strong banking relationships; negotiate credit facilities, loans, and f inancial support. • Oversee investments, reserves, and variance analysis for strategic fund utilization.
3. Receivables & Student Collection Governance
• Lead the RM-Finance collection team across all branches and ensure timely student fee collection. • Track overdue accounts and coordinate with branch managers to improve recovery. • Implement receivable controls to prevent revenue leakage and maintain high collection discipline. • Analyze fee collection patterns and define monthly/quarterly collection targets.
4. Budgeting, Forecasting & Business Partnering
Work with leadership and business heads to prepare annual budgets and unit wise P&L tracking. • Analyze revenue trends, cost structures, and profitability; advise management on financial risks and growth opportunities. • Create rolling forecasts for revenue, cashflow, and operational spend.
6. Vendor & Procurement Finance •
Manage vendor relationships, rate negotiations, and ensure timely settlements. • Implement invoice verification mechanisms, reconciliations, and approval workflows.
5. Compliance, Audit & Statutory Management •
Ensure timely GST, PF, ESI, PT, MCA filings, and other statutory compliance. • Coordinate with internal and external auditors for smooth and timely audit closure. • Oversee vendor ledger reconciliation, TDS certificates, and documentation management.
Required Skills & Competencies
• Strong expertise in accounting, treasury, financial reporting, and compliance. • Experience in budgeting, forecasting, and fund-flow management. • Leadership & people management skills across multi-location teams. • Analytical mindset with high attention to detail and process orientation. • Strong communication and stakeholder management abilities.
Qualification
MBA (Finance), CA, ACCA, CMA, M. Com (minimum 5 years’ Experience)
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