| Detail | For this role |
|---|---|
| Department | Finance and Accounts |
| Level | Senior management |
| Reports to | General Manager Finance |
| Direct reports | Finance Manager, Accounts Manager, Taxation Manager |
| Experience | 10+ years in accounts with 3 to 4 years leading a team |
DGM Finance job description template
Copy this job description, replace the text in square brackets and post it on your careers page or a job portal.
Job title: DGM Finance
Department: Finance and Accounts
Reports to: General Manager Finance
Location: [City], [office, branch or site]
About the role
A DGM Finance is the deputy head of the finance and accounts department, one step below the General Manager Finance. They run day to day finance operations, own the monthly and statutory close, keep filings on time and stand in for the GM when needed. The role turns policy into working process: closing calendars, control checklists, MIS packs and audit files. A good DGM keeps the books audit ready and the team on schedule across plants or branches.
Key responsibilities
- Run the monthly, quarterly and annual close across all locations and sign off the trial balance before the GM reviews it.
- Maintain the closing calendar, control checklists and reconciliation trackers so every account is cleared on time.
- Review statutory filings for GST, TDS, PF, ESI and income tax prepared by the teams below.
- Coordinate statutory, internal and tax audits, compile schedules and drive closure of every observation.
- Consolidate MIS, cash flow and cost reports for management, with variance notes against budget.
- Approve payments, journal entries and provisions within the delegated authority and flag unusual items.
- Improve finance processes and report formats to cut manual work and shorten the close.
- Supervise receivable, payable and treasury activity and keep working capital within limits.
- Stand in for the General Manager Finance in reviews, banker meetings and audit discussions.
- Set goals for finance managers, review their teams and build cover for critical tasks.
Requirements
- Chartered Accountant (CA) or MBA in Finance
- Deep knowledge of statutory compliance and closing
- CMA is an advantage
- 10+ years in accounts with 3 to 4 years leading a team
KRAs and KPIs for a DGM Finance
Key result areas for the appraisal form, each with a KPI you can measure every month or quarter.
| Key result area | How to measure it |
|---|---|
| Close discipline | Group books closed and trial balance signed by the 6th working day each month |
| Statutory filings | All tax and labour filings submitted before due dates with no interest or penalty |
| Audit closure | Audit observations closed within 30 days with no repeats in the next cycle |
| Reconciliations | Bank, vendor and inter-unit accounts reconciled monthly with no item open beyond 60 days |
| MIS reliability | Management pack delivered by the agreed date with variance notes on every major head |
| Working capital | Receivable days held at or below the annual target across locations |
Skills and tools
Tools used day to day: SAP FICO, Tally Prime, Advanced Excel, GST portal, TRACES portal.
Reporting line and career path
Next roles: General Manager Finance, AVP Finance, Chief Financial Officer
Interview questions for a DGM Finance
- How do you keep a multi location close on schedule when one unit is always late?
- What sits on your month end control checklist before you sign the trial balance?
- How do you prepare for a statutory audit so field work runs without surprises?
- A large provision is disputed by the auditor. How do you handle it?
- How would you cut two days off the close without adding risk?
- How do you cover critical finance tasks when a key team member resigns?
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What does a DGM Finance do?
A DGM Finance is the deputy head of finance and accounts. They run the monthly and statutory close, keep GST, TDS and other filings on time, coordinate audits, consolidate MIS for management and lead the finance managers. They also stand in for the General Manager Finance and keep working capital and controls in order.
What is the difference between a DGM Finance and a GM Finance?
The GM Finance heads the department, owns finance strategy and budgets and manages the relationship with the CFO and auditors. The DGM Finance runs operations under the GM: the close, filings, reconciliations and audit files. The DGM manages the team day to day, while the GM sets direction and takes final policy calls.
What qualifications does a DGM Finance need?
Most DGM Finance roles need a Chartered Accountant qualification or an MBA in Finance, with 10 or more years in accounts and at least 3 to 4 years leading a team. Strong command of Indian accounting standards, closing, statutory compliance and audit coordination matters more than any single certificate.