Bharat HR Services
Ethical & Structured Hiring Solutions
Finance Manager | Mumbai, India
Bharat HR Services is inviting applications for the position of Finance Manager with a leading Global HealthTech Social Enterprise working to improve access to affordable and quality healthcare across underserved communities.
The organisation operates across India, Southeast Asia, and Africa, partnering with leading global pharmaceutical companies to strengthen healthcare access through innovative, technology-enabled service delivery models.
This is a full-time senior leadership position responsible for overseeing the finance function for the organisation's India operations. The role requires a qualified Chartered Accountant with strong expertise in statutory compliance, financial governance, audits, budgeting, reporting, payroll oversight, internal financial controls, and finance leadership.
Who Should Apply
This opportunity is best suited for professionals who:
• Are qualified Chartered Accountants (CA) from the Institute of Chartered Accountants of India (ICAI).
• Have a minimum of 7 years of overall professional experience in finance, accounting, audits, statutory compliance, financial reporting, or related finance functions.
• Have at least 3 years of experience in a senior finance, compliance, or leadership role within a compliance-intensive environment, preferably in the pharmaceutical, healthcare, HealthTech, life sciences, medical devices, or another highly regulated industry.
• Have independently managed statutory audits and regulatory compliance.
• Possess strong working knowledge of Indian taxation and statutory regulations.
• Have experience leading finance operations rather than only handling transactional accounting activities.
• Have supervised, guided, or mentored finance team members.
• Are confident in preparing and presenting financial reports to senior management and key stakeholders.
• Possess excellent verbal and written English communication skills and can confidently participate in professional discussions with senior stakeholders.
• Are seeking a long-term, full-time finance leadership opportunity.
Candidates meeting the mandatory qualification and most of the above experience requirements will be given preference during the shortlisting process.
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Position Summary
The Finance Manager will lead the finance function for the organisation's India entities while providing strategic financial oversight to senior leadership.
The role is responsible for ensuring statutory compliance, strengthening financial controls, managing audits, preparing budgets and financial reports, overseeing payroll compliance, supervising finance operations, supporting strategic financial decision-making, and coordinating with both India and global finance teams.
While the Finance Assistant will manage day-to-day accounting operations, the Finance Manager will provide strategic leadership by reviewing, approving, monitoring, and continuously strengthening financial governance, internal controls, compliance, and overall finance operations across the organisation.
Key Responsibilities
Financial Governance & Internal Controls
• Review and approve payment batches, journal entries, accruals, and month-end adjustments before financial closure.
• Review and approve monthly management accounts.
• Review reconciliations including:
o Bank Accounts
o GST
o Vendor Ledgers
o Intercompany Accounts
• Maintain and continuously improve monthly financial closing checklists, reporting schedules, and finance governance processes.
• Oversee the general ledger and ensure financial accuracy.
• Strengthen internal financial controls, documentation standards, and approval processes.
• Identify and resolve accounting discrepancies while ensuring timely escalation wherever required.
Statutory Compliance & Regulatory Management
Take complete ownership of statutory compliance for the India entities, including:
• GST Compliance
• TDS / TCS
• Advance Tax
• MCA Filings
• RBI / FEMA Compliance
• Other applicable statutory and regulatory requirements
The selected candidate will also:
• Lead statutory audits independently from planning through completion.
• Coordinate with external auditors.
• Prepare audit schedules and supporting documentation.
• Resolve audit observations and queries.
• Maintain audit readiness throughout the year.
• Coordinate with tax consultants, company secretaries, and regulatory authorities whenever required.
Budgeting, Financial Planning & Reporting
• Lead annual budgeting exercises.
• Develop rolling financial forecasts.
• Monitor Budget vs Actual performance.
• Prepare detailed variance analysis for management.
• Produce timely and decision-ready management reports, including:
o Profit & Loss Statements
o Cash Position Reports
o Cash Flow Forecasts
o Budget vs Actual Reports
o Burn Rate Reports
o Monthly MIS Reports
Reports should be accurate, timely, concise, and designed to support effective business decision-making.
Payroll Oversight
• Review and approve monthly payroll.
• Ensure accurate statutory deductions, including:
o PF
o ESI
o TDS
o Professional Tax
• Advise management on compliance with Indian labour regulations across employee and contractor engagements.
Intercompany Finance & ERP Systems
• Oversee intercompany billing, reconciliations, and settlements.
• Ensure compliance with transfer pricing requirements.
• Coordinate with the global finance team on intercompany reporting and year-end adjustments.
• Provide finance leadership during ERP implementation or migration projects.
• Ensure data integrity, chart of accounts accuracy, and successful post-migration reconciliations.
Experience working with Xero, Odoo, ZipERP, or other cloud-based ERP or accounting systems will be an added advantage.
Team Leadership
• Review the work performed by the Finance Assistant.
• Conduct regular review meetings and provide structured feedback.
• Guide and mentor the finance team on accounting processes, controls, documentation standards, and compliance requirements.
• Act as the first point of escalation for finance-related issues.
• Promote continuous improvement across finance operations.
Educational Qualification
Mandatory
• Qualified Chartered Accountant (CA) from the Institute of Chartered Accountants of India (ICAI).
Experience Required
• Minimum 7 years of overall professional experience in finance, accounting, statutory compliance, audits, budgeting, financial reporting, and financial management.
• Minimum 3 years of experience in a senior finance, compliance, or leadership role within a compliance-intensive environment, preferably in the pharmaceutical, healthcare, HealthTech, life sciences, medical devices, or other highly regulated industries.
• Demonstrated experience in managing statutory audits, regulatory compliance, financial reporting, taxation, budgeting, payroll oversight, and internal financial controls.
• Experience in leading finance operations, supervising finance teams, and collaborating with senior management to support strategic financial planning and business decision-making.
• Experience working with ERP or cloud-based accounting systems and advanced proficiency in Microsoft Excel will be preferred.
Preferred Industry Experience
Candidates with experience in one or more of the following sectors will be preferred:
• Healthcare
• HealthTech
• Pharmaceuticals
• Life Sciences
• Medical Devices
• International Organisations
• Highly regulated industries
Technical Knowledge
Applicants should have practical working knowledge of most of the following:
• GST
• TDS / TCS
• MCA Compliance
• RBI / FEMA Regulations
• Transfer Pricing
• Statutory Audits
• Payroll Compliance
• Budgeting & Forecasting
• Financial Reporting
• Management Information Systems (MIS)
• Cash Flow Management
• Internal Financial Controls
• General Ledger Management
• Bank Reconciliations
• Vendor Reconciliations
• Cloud Accounting Platforms
Essential Competencies
We are looking for professionals who demonstrate:
• Excellent verbal and written English communication skills, with the ability to present financial information clearly and confidently to senior management, auditors, and other internal and external stakeholders.
• Strong analytical, strategic thinking, and problem-solving abilities, with sound commercial judgement to support informed business decisions.
• High attention to detail and a strong commitment to accuracy, compliance, and financial integrity.
• Demonstrated leadership, people management, and mentoring skills, with the ability to guide, support, and develop finance team members.
• Excellent stakeholder management and interpersonal skills, with the ability to collaborate effectively across finance, HR, operations, legal, and global teams.
• Ability to establish, strengthen, and continuously improve financial governance frameworks, internal controls, and finance processes.
• Strong planning, prioritisation, and organisational skills, with the ability to manage multiple responsibilities while consistently meeting deadlines.
• High ethical standards, professional integrity, and the ability to maintain confidentiality while handling sensitive financial information.
• Ability to work independently, take ownership of responsibilities, and collaborate effectively within cross-functional teams in a dynamic and fast-paced work environment.
About the Opportunity
This opportunity is ideal for experienced finance professionals seeking a leadership role within a fast-growing, globally connected HealthTech organisation. The selected candidate will play a key role in strengthening financial governance, ensuring statutory compliance, supporting strategic financial decision-making, and contributing to the organisation's continued growth and social impact.
Compensation & Benefits
• Annual CTC: Rs 10–15 LPA (commensurate with qualifications, experience, and overall suitability).
• Statutory Benefits: Provident Fund (PF), Medical Insurance, and Gratuity as per company policy.
• Employment Type: Full-time, permanent.
• Work Location: Mumbai, Maharashtra.
• Working Schedule: Monday to Friday (five-day work week).
• Reporting To: Country Finance Lead / Senior Management (as applicable).
• Career Growth: Opportunity to work with a fast-growing global HealthTech Social Enterprise and contribute to strengthening financial governance, compliance, and strategic business operations while collaborating with both India and global finance teams.
Application Process
Interested and eligible candidates are requested to send their updated CV to pawan@bharathrservices.com with the subject line:
Application for the Post of Finance Manager – Mumbai
Along with your updated CV, kindly provide the following details in the body of your email:
• Current CTC
• Expected CTC
• Notice Period
• Current Location
• Total Relevant Finance Experience
• Chartered Accountant
• ICAI Membership Number (Optional at the application stage)
Only shortlisted candidates will be contacted for the subsequent stages of the selection process.