Accounts Manager

Key Responsibilities Financial Reporting and Compliance:

· Prepare financial statements, including Balance Sheets, Profit & Loss Accounts, and Cash Flow Statements, in coordination with statutory auditors on a quarterly basis.

· Ensure accurate entry of opening balances in accounting software at the start of each financial period (Quarterly/Half-yearly/Yearly)

· Manage accurate and timely GST, TDS, PF, and ESI calculations and remittances.

· Coordinate with statutory auditors for the calculation and remittance of quarterly advance income-tax.

· Handle salary tax calculations and ensure timely issuance of Form 16 to employees.

· Ensure monthly regulatory compliance data to NHB/RBI/CERSAI/CKYC/CIBIL or any other authority is accurately compiled.

· Collaborate with internal IT/Risk teams to collect necessary compliance data.

· Share compiled reports with the IT team or designated personnel for review and processing.

· Maintain an organized record of submissions and track timelines to ensure deadlines are met.

· Communicate regularly with stakeholders to ensure all compliance data is collected and submitted on time.

· Monitor changes in regulatory requirements and ensure compliance data aligns with updated standards.

Banking and Reconciliation:

· Oversee and ensure the timely completion of Bank Reconciliation Statements (BRS) by assistants.

· Verify principal and interest remittance to banks and maintain correspondence with banks and financial institutions.

· Manage cheque positive payment systems, monitor bank charges for branches and HO, and online salary payments through banks.

· Coordinate with the administration to prepare and remit payments to vendors in strict adherence to the company’s standard purchase policies.

· Verify tax deductions and ensure remittance within the prescribed timelines to the statutory authorities.

Budgeting and Business Projections:

· Prepare budgets, track variances, and provide actionable insights for informed business decisions.

· Develop financial projections for business calculations and monitor financial performance against targets.

Loan Management and Customer Accounts:

· Ensure accurate maintenance of loan and customer accounts, including interest calculations, one-time settlements, and final settlements.

· Verify loan disbursement entries and oversee the management of the company’s loan portfolio.

· Handle loan repayments and manage NACH processes for automated collections.

Expense Management:

· Supervise the verification, and processing of branch expenses and office operational expenses.

· Oversee the accurate recording of accounting entries in the software for month-end, quarter-end, half-yearly, and year-end closings.

· Oversee the Rents of the Branches according to Agreements entered into with the owners, deduct correct TDS and remittance to the Departments.

Fixed Assets Management:

· Maintain and update the fixed assets register, including entries for acquisitions and disposals.

· Organize and maintain a separate file for fixed asset invoices for audit purposes.

· Calculate fixed deposit interest, handle deposit closures and ensure proper fund returns.

MIS and Audits:

· Prepare and deliver MIS reports for senior management review.

· Support statutory and internal auditors by providing all necessary data and documentation during audits.

Team Supervision:

· Lead and monitor the performance of assistants in the accounts department.

· Ensure adherence to internal controls and accounting standards prescribed by ICAI across the team.

Skills and Competencies

· Strong knowledge of financial principles, regulatory frameworks, and accounting standards.

· Advanced proficiency in MS Excel and other MS Office applications.

· Excellent communication, leadership, and problem-solving abilities.

Key Attributes

· Ability to work independently and take ownership of responsibilities.

· Exceptional attention to detail and organizational skills.

· High integrity and a commitment to maintaining confidentiality.

· Should demonstrates a strong commitment to maintaining punctuality and discipline in attendance, setting a standard for the team.

· Ensures all tasks and deliverables are completed within stipulated timelines without compromising on accuracy or quality.

Job Type: Full-time

Pay: ₹30,000.00 - ₹40,000.00 per month

Benefits:

• Health insurance

Schedule:

• Day shift

Supplemental Pay:

• Performance bonus

Work Location: In person

Application Deadline: 15/07/2025