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Accounts Manager

5 years

3 Lacs

Posted:2 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The Accounts Manager is responsible for overseeing and managing the financial transactions, reporting, and overall financial health of the company. This role includes managing the accounts team, ensuring accurate and timely financial records, analyzing financial data, and ensuring compliance with regulatory requirements.

Key Responsibilities:

  • Financial Management:
  • Manage and oversee daily accounting operations including accounts payable, accounts receivable, general ledger, and bank reconciliations.
  • Ensure accurate and timely closing of financial periods (monthly, quarterly, annually).
  • Prepare and analyze financial reports such as balance sheets, income statements, and cash flow statements.
  • Monitor and manage the cash flow of the company.
  • Budgeting and Forecasting:
  • Assist in the preparation of the company’s annual budget and financial forecasts.
  • Provide detailed financial analysis and insights to support decision-making.
  • Monitor budget vs. actual performance and analyze variances.
  • Compliance and Audit:
  • Ensure compliance with local, state, and federal financial regulations and reporting requirements.
  • Coordinate and manage external audits and implement any recommendations.
  • Maintain proper documentation and records to support financial transactions and audits.
  • Team Management:
  • Supervise, mentor, and develop the accounts team.
  • Set performance goals and objectives for the team and conduct regular performance evaluations.
  • Ensure continuous professional development and training for the team.
  • System and Process Improvement:
  • Implement and maintain robust financial systems and processes.
  • Continuously evaluate and improve financial processes to enhance efficiency and accuracy.
  • Stay updated with industry trends and changes in accounting practices.
  • Stakeholder Communication:
  • Liaise with external stakeholders including auditors, banks, and tax authorities.
  • Collaborate with internal departments to provide financial support and insights.

Qualifications:

  • Education:
  • Bachelor’s degree in Accounting, Finance, or a related field. A master’s degree or professional qualification (e.g., CPA, CMA) is preferred.
  • Experience:
  • Proven experience (5+ years) in accounting or finance, with at least 2-3 years in a managerial role.
  • Experience in managing a team and overseeing financial operations.
  • Skills:
  • Strong knowledge of accounting principles, financial regulations, and reporting standards.
  • Proficiency in accounting software (e.g., Tally, QuickBooks, SAP).
  • Advanced Excel skills and experience with financial analysis.
  • Excellent organizational, analytical, and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Excellent communication and interpersonal skills.

Working Conditions:

  • Work Environment:
  • Office-based role, with occasional travel as required.
  • May require working additional hours during peak periods such as financial year-end or audits.

Job Type: Full-time

Pay: ₹25,000.00 - ₹30,000.00 per month

Education:

  • Bachelor's (Preferred)

Work Location: In person

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