Assistant Manager- Accounting

Detailed Responsibilities:

Financial Reporting and Analysis:

• Lead the preparation of monthly, quarterly, and annual financial statements
• Conduct in-depth P&L reviews, analyzing variances and trends
• Prepare detailed financial reports for management and stakeholders
• Develop and maintain financial models for forecasting and decision-making

Accounts Receivable (AR) and Accounts Payable (AP) Management:

• Oversee the entire AR/AP cycle, ensuring accuracy and timeliness
• Implement and maintain effective credit control policies
• Manage cash flow by optimizing collection processes and payment schedules
• Resolve complex AR/AP issues and discrepancies

Month-End Close Activities:

• Coordinate and execute all aspects of the month-end close process
• Ensure accuracy of general ledger accounts through reconciliations
• Review and post journal entries, accruals, and adjustments
• Prepare month-end financial packages and present findings to senior management

Budgeting and Forecasting:

• Assist in developing annual budgets and periodic forecasts
• Analyze budget vs. actual variances and provide explanations
• Support long-term financial planning and modeling
• Collaborate with department heads to gather input for budgeting process

Compliance and Regulatory Reporting:

• Ensure compliance with Billing, TDS, and GST laws
• Oversee the preparation and filing of GST returns
• Monitor changes in financial regulations and update processes accordingly
• Assist in managing external audits and liaising with auditors

Client Relationship and Stakeholder Management:

• Act as a key point of contact for clients on financial matters
• Build and maintain strong relationships with internal and external stakeholders
• Communicate financial information effectively to non-finance personnel
• Respond to inquiries and resolve issues in a timely and professional manner

Process Improvement and Automation:

• Identify opportunities for process improvements and cost savings
• Implement automation tools to increase efficiency in accounting processes
• Develop and maintain standard operating procedures for the accounting department

Team Management and Development:

• Supervise and mentor junior accounting staff
• Assign tasks and monitor work progress of team members
• Provide training and guidance on accounting principles and best practices
• Conduct performance evaluations and support professional development of team members

Financial Systems and Controls:

• Maintain and improve internal financial controls
• Ensure proper documentation and adherence to accounting policies
• Collaborate with IT department to enhance financial systems and reporting tools

Special Projects and Ad-hoc Analysis:

• Lead or participate in special financial projects as assigned
• Conduct ad-hoc financial analysis to support management decisions
• Assist in due diligence processes for potential mergers or acquisitions

This role requires a detail-oriented professional with strong analytical skills, the ability to manage multiple priorities, and excellent communication skills to interact effectively with various stakeholders.

Qualifications:

• B.Com graduate with MBA in Finance or CA Inter
• 5-7 years of relevant experience in accounting and finance
• Strong knowledge of Indian accounting standards and tax regulations
• Proficiency in financial software and MS Office suite
• Excellent analytical and problem-solving skills
• Strong communication and interpersonal skills