Account manager

Requirements

Key Responsibilities

Accounting, Payroll & Compliance

• Oversee daily accounting operations, including accounts payable/receivable, general ledger, and bank reconciliations.
• Ensure timely preparation of financial statements (P&L, Balance Sheet, Cash Flow).
• Ensure compliance with tax regulations (GST, TDS, Income Tax, etc.) and timely filing of returns.
• Coordinate with auditors and tax consultants for statutory audits and financial reviews.
• Oversee payroll processing, ensuring timely and accurate salary disbursement, tax deductions, and compliance with labor laws.
• Manage invoicing processes, ensuring timely generation, tracking, and follow-up for outstanding payments.
• Receivable Management, Reconciliation & Accounting Hygiene
• Ensure efficient accounts receivable management, reducing outstanding dues and improving cash flow.
• Establish and maintain strict reconciliation processes for bank statements, ledgers, and financial transactions.
• Monitor aging reports to track overdue payments and implement strategies for timely collection.
• Maintain accounting hygiene by ensuring accuracy, consistency, and completeness of financial records.
• Enforce strong credit control measures to mitigate financial risks.
• Financial Planning, Analysis & Budgeting
• Develop and manage annual budgets and financial forecasts.
• Analyze financial data to provide insights for business decisions.
• Monitor cost controls and financial efficiency across departments.
• Conduct financial risk assessments and variance analysis to improve profitability.
• Provide financial planning strategies to support business growth and sustainability.
• Cash Flow & Working Capital Management
• Monitor cash flow to ensure liquidity and operational efficiency.
• Manage accounts receivables/payables and ensure timely collections and payments.
• Optimize working capital and maintain relationships with banks and financial institutions.
• Financial Reporting & Internal Controls
• Prepare monthly, quarterly, and annual financial reports.
• Track and report key financial metrics & KPIs.
• Implement internal financial controls to prevent fraud and inefficiencies.
• Ensure compliance with company policies and financial regulations.
• Identify financial risks and develop mitigation strategies.
• Team Management & Coordination
• Lead and mentor the finance & accounts team.
• Work closely with senior management to provide strategic financial guidance.
• Collaborate with other departments to enhance overall financial efficiency.