Account Manager

Job Title: Account Manager Location: Mumbai Position Overview

The Accounts Manager is responsible for overseeing the financial and accounting operations of the organization. The ideal candidate will ensure the smooth and efficient operation of the accounting functions, including financial reporting, budgeting, and managing accounts receivable and payable. This role requires attention to detail, strong organizational skills, and the ability to work independently and as part of a team.

Responsibilities

Financial Reporting: • Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. • Ensure compliance with accounting standards (e.g., GAAP, IFRS) and company policies. • Assist in month-end and year-end closing processes. • Provide analysis of financial performance and recommend corrective actions when needed.

Budgeting and Forecasting: • Develop and maintain annual budgets and financial forecasts. • Monitor financial performance against the budget, providing variance analysis. • Assist in long-term financial planning and capital management. Accounts Management: • Oversee accounts payable and accounts receivable processes to ensure accuracy and timeliness. • Reconcile accounts and resolve discrepancies between ledgers. • Ensure timely collection of outstanding payments and manage credit control.

Taxation and Compliance: • Ensure timely filing of tax returns, including sales tax, VAT, and corporate tax. • Keep up-to-date with relevant tax laws and regulations to ensure compliance.

• Coordinate with external auditors for annual audits and financial reviews.

Team Leadership and Development: • Supervise and mentor junior accounting staff. • Provide training and guidance to the team on accounting procedures and best practices. • Manage team performance, including setting goals and conducting evaluations.

Cash Flow Management: •Monitor and manage the company's cash flow to ensure liquidity. • Oversee bank transactions and cash reconciliations. Internal Controls: • Establish and maintain internal controls to safeguard company assets. • Ensure compliance with financial regulations and company policies. • Identify areas for improvement in financial processes and implement solutions.

Qualification and Requirements • Bachelors degree in Accounting, Finance, or related field (Masters or CPA/CFA preferred). • 6+ years of progressive experience in accounting and finance, preferably in a surgical or import/export company. • Overseeing budgets for client accounts, ensuring that projects are delivered on time and within financial constraints. • Expertise in financial software (e.g., Odoo, Zoho , QuickBooks, Tally) and ERP systems. • Excellent analytical and problem-solving skills. • Strong leadership and communication abilities. • Thorough understanding of import/export regulations and taxation policies.