Job
Description
Key Responsibilities: Financial Reporting & Analysis: Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow Statement) in compliance with Indian Accounting Standards (Ind AS / AS) and other relevant regulations. Conduct in-depth financial analysis, variance analysis, and provide insightful reports to senior management on financial performance, trends, and key performance indicators (KPIs). Assist in budgeting, forecasting, and financial planning activities. General Ledger & Accounting Operations: Manage and supervise all aspects of daily accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets. Ensure all financial transactions are accurately recorded, reconciled, and properly documented. Oversee bank reconciliations, inter-company reconciliations, and other relevant reconciliations. Taxation & Compliance: Ensure timely and accurate computation and filing of all direct and indirect taxes, including GST, TDS, Income Tax, and other applicable statutory dues as per Indian tax laws. Stay updated with changes in tax regulations and ensure continuous compliance. Coordinate with tax consultants and auditors as required. Internal Controls & Audit Management: Develop, implement, and maintain robust internal financial controls to safeguard company assets and ensure the integrity of financial data. Coordinate and facilitate internal and statutory audits, providing all necessary documentation and explanations to auditors. Address audit queries and implement recommendations effectively. Team Leadership & Development: Lead, mentor, and supervise a team of accountants and finance executives. Allocate tasks, monitor performance, and provide training and guidance to enhance team capabilities. Foster a culture of accuracy, compliance, and continuous improvement within the accounts department. Cash Flow Management: Monitor and manage daily cash flow, ensuring adequate liquidity for operational needs. Manage working capital, including receivables and payables, to optimize cash cycles. Stakeholder Coordination: Liaise with banks, financial institutions, government authorities, vendors, and clients on finance-related matters. Collaborate with other departments (e.g., Sales, Operations, HR, Procurement) to ensure accurate financial recording and support business operations. System & Process Improvement: Identify opportunities for process automation and efficiency improvements within the accounting function. Ensure effective utilization of accounting software/ERP systems (e.g., Tally ERP, SAP FICO, Oracle Financials) for financial management.
