Assistant Manager Finance & Accounts

Role & responsibilities

Financial Reporting and Analysis:

• Prepare and review financial statements, ensuring accuracy and compliance with

accounting standards.

• Conduct financial analysis to identify trends, variances, and areas for improvement.
• Assist in the preparation of monthly, quarterly, and annual financial reports.

Budgeting and Forecasting:

• Assist in the development of annual budgets and financial forecasts.
• Monitor budget performance and report on variances.
• Work with departmental heads to ensure budget adherence.

Accounts Payable and Receivable:

• Oversee the accounts payable and receivable processes.
• Ensure timely processing of invoices and payments.
• Manage the reconciliation of accounts.

General Ledger Maintenance:

• Ensure accurate and timely posting of financial transactions in the general ledger.
• Perform monthly, quarterly, and annual closing activities.
• Reconcile balance sheet accounts and resolve discrepancies.

Regulatory Compliance:

• Ensure compliance with all statutory requirements related to finance and accounts.
• Maintain proper documentation and records to support all tax filings and compliance

activities.

Audit and Assessments:

• Assist in both internal and external audits, providing necessary documentation and

explanations.

• Handle queries and data requests from auditors.

Taxation:

• Assist in the preparation and filing of tax returns.
• Ensure compliance with local, state, and federal tax regulations.
• Maintain up-to-date knowledge of tax laws and regulations.

Team Management:

• Supervise and mentor junior finance staff.
• Coordinate and allocate tasks within the finance team.
• Conduct performance evaluations and provide feedback.

System and Process Improvement:

• Identify opportunities for improving financial processes and systems.
• Participate in the implementation of new financial systems and tools.
• Develop and document financial policies and procedures.

Job Specification

Qualification:

• Bachelors degree in accounting, finance, or a related field.
• A master’s degree or professional certification (e.g., CA Inter, CMA Inter, MBA) is a plus.

Experience:

• Minimum of 5 years of experience in finance and accounting roles.
• Strong knowledge of accounting principles and practices, financial regulations, and tax laws.