Accounts Manager – Finance &Compliance

JOB RESPONSIBILITIES : 

A. Accounts & Finance Management

1.   Handle day-to-day accounting operations and maintain accurate books of accounts.
2.   Manage accounts payable, accounts receivable and general ledger.
3.   Monitor customer outstanding, vendor payments and payment schedules.
4.   Prepare monthly, quarterly and annual financial statements.
5.   Perform bank reconciliation and ledger scrutiny.
6.   Monitor cash flow, fund utilisation and working capital.
7.   Coordinate with banks for routine financial transactions.
8.   Ensure proper accounting of purchase, sales, expenses and inventory.

 B. Financial Planning & Analysis

1.   Assist management in budgeting and financial planning.
2.   Prepare monthly MIS reports, expense analysis and financial summaries.
3.   Monitor actual expenses against budgets and highlight variances.
4.   Analyse profitability, operating costs and financial performance.
5.   Monitor receivables, payables and cash flow projections.

C. Taxation & Statutory Compliance

1.   Ensure timely GST returns, GST payments and reconciliations.
2.   Handle TDS calculations, deductions, payments and returns.
3.   Coordinate for Income Tax returns and advance tax compliance.
4.   Ensure timely Professional Tax and other applicable statutory payments.
5.   Coordinate with external consultants, auditors and tax professionals.
6.   Maintain statutory records and compliance documentation.
7.   Handle GST notices, departmental queries and related documentation in coordination with consultants.

 D. Audit & Legal Compliance

1.   Coordinate internal, statutory and tax audits.
2.   Ensure proper maintenance of vouchers, invoices, bills and supporting documents.
3.   Prepare audit schedules and provide necessary information to auditors.
4.   Ensure compliance with applicable accounting standards and financial regulations.
5.   Monitor statutory due dates and maintain a compliance calendar.
6.   Ensure proper documentation and internal financial controls.

 F. Team & Management Coordination

1.   Supervise and guide the accounts team.
2.   Review accounting entries and ensure accuracy of financial records.
3.   Submit timely financial reports to management.
4.   Identify opportunities to improve accounting processes and financial controls.

3. Required Skills & Competencies

1.   Strong knowledge of accounting principles and financial management.
2.   Good understanding of GST, TDS, Income Tax and statutory compliance.
3.   Knowledge of budgeting, cash flow and working capital management.
4.   Experience in financial reporting and MIS preparation.
5.   Knowledge of Tally Prime, MS Excel and accounting software.
6.   Good analytical, problem-solving and reconciliation skills.
7.   Ability to manage multiple compliance deadlines.
8.   Strong communication and coordination skills.
9.   High level of accuracy, confidentiality and integrity.

 4. Preferred Experience

1.   Experience in CA firm (1st preference) or manufacturing or chemical industry will be preferred.
2.   Knowledge of inventory accounting, stock valuation and cost accounting.
3.   Experience in handling multiple plant accounts and HO accounting.
4.   Exposure to financial planning, budgeting and audit coordination.
5.  Hands-on experience in independent accounts finalization, including preparation of Balance Sheet and Profit & Loss Account.

 5. Key Performance Indicators (KPIs)

 1. Timely closure of monthly accounts.

 2. Accuracy of financial statements and MIS reports.

 3. Timely GST, TDS and other statutory filings.

 4. Reduction in outstanding receivables.

 5. Effective cash flow and working capital management.

 6. Timely vendor payment processing.

 7. Zero avoidable penalties due to delayed compliance.

 8. Successful completion of internal and statutory audits.

 9. Accuracy of bank and ledger reconciliations.

 10. Effective supervision of the accounts team.