Associate General Manager - Finance

The Lead – Finance & Accounts is responsible to lead the Finance & Accounts function for ALD and its entities (subsidiaries and JVs) acting as the financial custodian and strategic business partner. The role is responsible for driving end-to-end financial management, statutory compliance, audit readiness, working capital efficiency, and commercial enablement to support business growth and achievement of the Annual Operating Plan (AOP).

Responsibilities

Key Performance Indicators (KPIs)

Financial Leadership & Reporting

• Lead financial planning, budgeting, forecasting, and AOP adherence for the company, its Subsidiaries and JVs.
• Lead the financial governance of JVs including review of financials, compliance, reporting, and stakeholder communication.
• Present financial performance insights, variance analysis, and business risks to senior management and the Board periodically.
• Ensure timely and accurate monthly/quarterly/year-end financial reporting under IND AS/IGAAP, adhering to group and statutory timelines.

• AOP Actuals vs Target

Accounting, Compliance & Audit

• Oversee the accounting function, including ledger management, capex.
• Coordinate and conclude statutory, internal, MAG, and tax audits with zero adverse remarks or material observations.
• Review and strengthen financial controls, accounting accuracy, and compliance discipline across all entities.

• Audit closures without major observations

Revenue & Receivables Management

• Drive timely and accurate invoicing across verticals, license fee, CAM charges, and lease rentals.
• Monitor and reconcile receivables, follow up for collections, and resolve discrepancies with tenants or service users.
• Oversee reconciliation of TDS receivables and 26AS alignment for compliance with tax return filing.

• Receivables aging and collection efficiency

Vendor Management & Payables

• Oversee vendor bill verification, statutory deductions, and payment releases within defined timelines.
• Support procurement teams in financial vetting, contract negotiations, and vendor onboarding.
• Track capex spend vs. approvals and highlight overrun risks proactively.

• Timely vendor payments and payable accuracy

• Work closely with business teams to identify opportunities for cost savings, credit optimization, and margin improvement.

Process Excellence & Automation

• Strengthen internal controls and ensure adherence to SOPs, DOP, and financial discipline across all functions.
• Continuously evaluate existing financial processes, identify gaps or inefficiencies, and implement improvements for accuracy, scalability, and timeliness.
• Build a culture of financial ownership, process adherence, and data integrity within the F&A team and across cross-functional touchpoints.

• No. of process improvement initiatives implemented

Responsibilities

Key Performance Indicators (KPIs)

Team Development & Capability Building

• Identify training needs, facilitate skill development programs, and enhance team competencies.
• Implement structured mentorship and leadership development initiatives.
• Address team concerns, provide guidance, and create opportunities for professional growth.
• Foster a culture of collaboration, accountability, and continuous improvement.
• Encourage participation in team-building activities and employee engagement initiatives.

• Attrition rates
• Employee Engagement scores
• % Participation in training and upskilling programs

• Statutory Auditors, Lenders, Consultants

• ALD Senior Management
• All HODs of internal departments of ALD
• Group Finance and Finance teams of other businesses
• Head Direct Taxes & Head Indirect Taxes
• Internal Auditors
• Secretarial and SPG Teams

• CA/CFA

Experience in Finance & Accounts with minimum 5 years in a leadership role