Account Manager

Role & responsibilities:

1. Financial Accounting & Reporting

• Maintain day-to-day accounting for multiple salon outlets (if applicable).
  
• Prepare monthly, quarterly, and annual financial reports.
  
• Monitor cash flow, P&L statements, and balance sheets.
  
• Reconcile daily sales from POS software (e.g., Zenoti/other salon software) with accounts.
  
• Ensure timely closure of monthly books.
  

2. Revenue & Billing Management

• Verify daily salon sales, packages, memberships, refunds, and discounts.
  
• Ensure correct GST application on services and product sales.
  
• Reconcile card, UPI, and cash collections with bank deposits.
  
• Highlight revenue discrepancies to operations and management.
  

3. Payables & Receivables

• Manage vendor payments, utility bills, rent, and other salon expenses.
  
• Track vendor invoices and ensure timely payment cycles.
  
• Handle receivables from corporate clients, partners, and franchises.
  
• Maintain strong relationships with vendors for smooth operations.
  

4. Payroll & Commission Management

• Prepare monthly payroll in coordination with HR.
  
• Calculate stylist and therapist commissions as per salon policy.
  
• Ensure TDS, PF, ESI, and statutory deductions are accurate.
  

5. Inventory & Cost Control

• Work closely with salon managers to monitor inventory usage and wastage.
  
• Verify purchase orders, GRNs, and stock entries.
  
• Track product cost, consumption patterns, and highlight variances.
  
• Support cost optimization initiatives.
  

6. Taxation & Compliance

• Manage GST returns, TDS filings, and other statutory compliance.
  
• Ensure proper documentation for audits.
  
• Coordinate with external auditors, CA, and tax consultants.
  

7. System & Process Management

• Manage accounting software (Tally/Zoho/QuickBooks) and POS software integrations.
  
• Ensure all financial data is accurately updated in the system.
  
• Develop SOPs for cash handling, billing, and expense approvals.
  

8. Cross-Functional Coordination

• Work closely with the Operations team for revenue verification.
  
• Coordinate with HR for payroll and staff reimbursement management.
  
• Support management with financial analysis for new salon openings.
  

Preferred candidate profile:

• Bachelors degree in Commerce, Accounting, or Finance (B.Com / M.Com / MBA preferred).
  
• 48 years of accounting experience, ideally in retail or salon/spa/beauty industry.
  
• Strong knowledge of Tally, GST, TDS, MS Excel, and financial reporting.
  
• Experience in POS systems like Zenoti, Slick, or similar (preferred).
  
• Strong analytical, organizational, and communication skills.
  
• Ability to work under timelines and multitask.