Senior Finance Executive
Company: Varistor Technologies Pvt. Ltd.
Location: Bengaluru, Karnataka
Employment Type: Full-Time
Experience: 5–6 Years
Salary: Up to ₹6 LPA
Department: Finance & Operations
About Varistor Technologies Pvt. Ltd.
Varistor Technologies Pvt. Ltd. is a growing technology and solutions company focused on delivering reliable products and services across multiple business segments. We are looking for an experienced and commercially minded Senior Finance Executive who can take ownership of finance, cash flow, collections, fund management, and key operational activities.
Role Overview
The Senior Finance Executive will be responsible for managing the company's day-to-day financial operations while ensuring healthy cash flow, timely collections, effective fund utilization, and accurate accounting.
The role will also involve end-to-end fund raising, coordination with financial institutions and stakeholders, and supporting management in financial and operational decision-making.
Key Responsibilities
1. Accounting & Financial Management
- Manage day-to-day accounting and financial transactions.
- Ensure accurate recording and reconciliation of accounts.
- Monitor accounts payable, receivables, expenses, and outstanding payments.
- Coordinate with auditors, accountants, banks, and other financial stakeholders.
- Prepare and maintain financial reports and MIS.
2. Funds & Cash Flow Management
- Monitor and manage daily cash flow and fund requirements.
- Prepare short-term and long-term cash flow projections.
- Ensure optimum utilization of available funds.
- Plan payments and expenses based on business priorities and cash availability.
- Identify potential cash flow gaps and proactively address them.
3. Collection & Receivables Management
- Take ownership of customer collections and outstanding receivables.
- Monitor ageing reports and ensure timely follow-up on overdue payments.
- Coordinate with the sales team to improve collection efficiency.
- Develop and maintain collection plans for major customers.
- Track DSO and other relevant receivables KPIs.
4. Fund Raising – End-to-End
- Identify suitable funding requirements and financing opportunities.
- Coordinate with banks, NBFCs, investors, and other financial institutions.
- Prepare financial documents, MIS, projections, and supporting information required for funding.
- Manage the complete fund-raising process from requirement identification to disbursement.
- Negotiate with financial institutions wherever required and ensure competitive financing terms.
- Maintain proper documentation and compliance throughout the funding process.
5. Operations Management
- Coordinate with internal departments to ensure smooth financial and operational processes.
- Monitor operational expenses and identify opportunities for cost optimization.
- Support management in improving internal processes and financial controls.
- Ensure timely execution of finance-related operational activities.
6. Sales & Business Support
- Work closely with the Sales and Business Development teams on customer credit, payment terms, collections, and outstanding amounts.
- Evaluate customer payment behaviour and support management in making credit-related decisions.
- Monitor the financial impact of sales orders, credit periods, and customer commitments.
- Support sales operations from a financial and commercial perspective.
7. Management Reporting & MIS
- Prepare regular financial and management reports.
- Provide management with insights on cash position, collections, payables, receivables, and funding requirements.
- Track key financial KPIs and highlight deviations.
- Assist management in budgeting, forecasting, and financial planning.
Key Skills & Competencies
- Strong knowledge of accounting and financial management.
- Excellent understanding of cash flow and working capital management.
- Strong experience in collections and receivables management.
- Practical experience in fund raising and financial institution coordination.
- Strong negotiation and communication skills.
- Ability to work closely with Sales, Operations, and Management teams.
- Strong analytical and problem-solving abilities.
- Good knowledge of MS Excel and accounting/ERP software.
- Ability to handle financial information with confidentiality and accuracy.
- Strong ownership, decision-making, and execution skills.
Preferred Candidate Profile
- 5–6 years of relevant experience in Finance, Accounts, Fund Management, or a similar role.
- Candidates with experience in fund raising, working capital management, collections, and cash flow management will be preferred.
- Experience working in a growing organization or SME environment will be an advantage.
- Should be comfortable taking independent ownership of finance-related activities.
- Should have a strong commercial understanding and the ability to work in a fast-paced environment.
Key Performance Indicators (KPIs)
- Timely and accurate accounting.
- Improvement in collection efficiency.
- Reduction in overdue receivables.
- Effective cash flow management.
- Timely availability of working capital.
- Successful execution of fund-raising activities.
- Cost optimization and financial control.
- Accuracy and timeliness of management reports.
What We Are Looking For
We are looking for someone who can go beyond traditional accounting and take ownership of the company's overall financial health. The ideal candidate should be proactive, commercially aware, and capable of independently managing accounting, collections, cash flow, funding, and finance-related operations.
If you are someone who can manage numbers, understand business, control cash flow, drive collections, and raise funds when required, this role is for you.
Pay: ₹30,000.00 - ₹50,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Provident Fund
Work Location: In person
