Assistant Manager - Finance and Accounts

Assistant Manager– Finance and Accounts

Vendor and Treasury Management

• Supervise accounts payable function
• Plan vendor payments and prepare payment projections for effective cash flow management.
• Manage treasury operations, including fund planning, loan disbursement, and investment of idle funds in mutual funds or fixed deposits.
• Liaise with banks for various financial matters and oversee all banking activities.
  

Capital and Fixed Assets Management

• Handle fixed assets accounting and ensure proper control over capital expenditures.
  

Cost and Spend Management

• Monitor departmental expenditures, analyse planned versus actual spends, and escalate variances for corrective actions.
• Supervise accounts payable and establish robust verification processes for critical payments.
  

Financial Management and Reporting

• Lead the monthly, quarterly, and annual closure of books of accounts within stipulated timelines.
• Prepare and present Monthly schedules and conduct variance analysis.
• Oversee accounting and process automation in collaboration with the IT department.
• Ensure compliance with internal financial controls and implement effective monitoring systems.
• Supervise and maintain accurate records and documentation of all financial transactions.
  

Auditing and Compliance

• Manage and coordinate with internal and statutory auditors to ensure audit requirements are met.
• Ensure adherence to taxation requirements, including TDS and GST compliance.
  

Process Improvement and System Integration

• Develop accounting structures in SAP, such as business units, profit centers, and cost centers.
• Define and enforce Standard Operating Procedures (SOPs) for payment verification processes.
• Drive process improvements, innovation, and standardization across accounting and finance functions.
  

Leadership and Team Management

• Provide effective leadership, manage a team, and foster a collaborative work environment.
• Exhibit strong organizational skills to manage multiple tasks and threads simultaneously.
• Demonstrate excellent communication and interpersonal skills to interact across all organizational levels.
  

Problem Solving and Strategic Initiatives

• Proactively identify and resolve issues with an assertive and creative approach.
• Ensure alignment of financial goals with organizational objectives through innovative strategies.