Chief Accounting Officer

Job Title: Chief Accounts Officer (CAO)

Reports To: CEO / Managing Director/CFO

Location: Hyderabad

Job Summary

We are seeking an experienced, strategic, and hands-on Chief Accounts Officer (CAO)

to lead the accounting and finance function of our organization. The CAO will be

responsible for ensuring accurate financial reporting, statutory and tax compliance, robust

internal controls, effective financial planning, and strong governance. The role requires

strong leadership capabilities, deep technical accounting knowledge, and the ability to

partner with management to support business growth, profitability, and operational

efficiency.

Key Responsibilities

Accounting & Financial Management

• Oversee end-to-end accounting operations, including general ledger, bank

reconciliations, month-end and year-end closures, and finalization of accounts.

• Ensure timely preparation and accuracy of monthly, quarterly, and annual financial

statements.

• Manage budgeting, forecasting, cash flow planning, and variance analysis.
• Oversee accounts payable, accounts receivable, inventory accounting, and cash

management.

• Monitor and optimize working capital, including receivables, payables, inventory

levels, and credit control mechanisms.

• Oversee cost accounting, plant-wise / product-wise costing, margin analysis, and

inventory valuation in line with applicable standards.

• Manage banking and treasury operations, including coordination for fund

utilization, credit facilities, renewals, documentation, and bank audits.

Statutory Compliance & Taxation

• Ensure full compliance with applicable laws and regulations, including:
• GST return filings, reconciliations, coordination with auditors in handling

departmental notices/audits.

• Income Tax, TDS/TCS – computation, payments, returns, and coordination

with auditors in handling assessments and notices.

• Professional Tax (PT) – filings and payments.
• PF, ESI, and Labour Laws – monthly and annual returns, payments, and

statutory compliance.

• Keep abreast of changes in tax and statutory regulations and ensure timely

implementation and compliance.

Audit & Regulatory Coordination

• Coordinate with Statutory Auditors, Internal Auditors, Tax Auditors, and

Consultants.

• Prepare audit schedules, supporting documents, reconciliations, and explanations.
• Address audit queries and ensure timely closure of audit observations.
• Support handling of statutory assessments, notices, and litigation matters in

coordination with auditors and consultants.

• Liaise with regulatory authorities, consultants, and other stakeholders as required.

Payroll & MIS

• Oversee payroll processing, ensuring accuracy, statutory deductions, compliance,

and timely disbursement.

• Develop, review, and present MIS and management reports, providing insights into

financial performance, risks, trends, and operational metrics.

• Ensure data accuracy, integrity, and consistency across accounting and MIS

systems.

Internal Controls & Risk Management

• Develop, implement, and strengthen financial policies, SOPs, procedures, and

internal controls.

• Identify financial, compliance, and operational risks and recommend mitigation

measures.

• Ensure compliance with accounting standards, corporate governance

requirements, and industry best practices.

Leadership & Collaboration

• Lead, mentor, and supervise the accounting and finance team, ensuring skill

development and performance management.

• Collaborate closely with operations, procurement, HR, plant teams, and senior

management to support business objectives.

• Drive process improvements, automation, ERP optimization, and system

enhancements within the finance function.

• Support management and Board with financial inputs for strategic decision-

making.

Requirements

• 10+ years of relevant accounting experience, with at least 5 years in a leadership

role.

• Strong knowledge of accounting standards, direct and indirect taxation, and

statutory compliances.

• Proven experience in financial analysis, reporting, audit coordination, and

compliance management.

• Hands-on experience with accounting software / ERP systems (Tally).
• Strong leadership, communication, and stakeholder management skills.
• Excellent MIS and reporting capabilities.

Preferred Qualifications

• CA / ICWA (CMA) or equivalent qualification.
• MBA or advanced degree in Finance / Accounting.
• Experience in manufacturing, aggregates, mining, construction materials, or

supply-chain-oriented industries, preferably with multi-location or plant-level

accounting exposure.

• Strong Microsoft Office 365 skills, especially Excel and financial modeling.
• Exposure to ERP implementation or process standardization initiatives will be an

added advantage.