Job Description

Role & responsibilities Oversee all accounting operations, including general ledger maintenance, accounts payable, accounts receivable, and fixed assets accounting. Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements. Maintain accurate records of all financial transactions and ensure adherence to company accounting policies. Ensure compliance with Indian Accounting Standards (Ind-AS) and other applicable statutory regulations (GST, TDS, etc.). Prepare and file all statutory financial reports and ensure timely submission of regulatory filings, including tax returns and other required reports. Coordinate with external auditors and ensure successful completion of statutory audits. Implement and enforce robust internal controls to safeguard company assets and ensure the integrity of financial reporting. Lead internal audits to identify potential financial risks and recommend corrective actions. Ensure compliance with internal financial policies and procedures, reviewing them periodically to ensure they meet current business needs and legal requirements. Lead and mentor the accounting team, providing guidance on best practices in accounting processes and encouraging professional development. Oversee recruitment, training, and performance management of the accounting staff to ensure a high level of accuracy and efficiency. Continuously review accounting processes and workflows to identify opportunities for automation and efficiency improvements. Work with IT and other departments to implement accounting software upgrades or new systems to streamline processes and improve reporting accuracy. Oversee month-end and year-end closing activities, including reconciliation of all balance sheet accounts, revenue and expense recognition, and adjustments. Ensure timely reconciliation of key accounts, including cash, inventory, intercompany accounts, and fixed assets. Provide accurate financial reports to senior management for decision-making purposes. Develop and present periodic accounting reports, including profit and loss statements, balance sheets, and cash flow statements to the leadership team. Ensure accurate and timely accounting for all direct and indirect taxes (GST, TDS) within the financial statements. Collaborate with the tax team to ensure compliance and accurate tax calculations within the accounting function Key Responsibilities Technical Skills: Strong knowledge of Indian Accounting Standards (Ind-AS), taxation principles, and proficiency with ERP systems (SAP, Oracle, etc.). Leadership Skills: Ability to lead and develop a high-performing accounting team. Detail-Oriented: High attention to detail with a focus on accuracy and compliance. Analytical Skills: Strong analytical skills to interpret financial data and ensure accounting accuracy. Educational Background and Work Experience Education: Chartered Accountant (CA) or equivalent accounting certification. Experience: Minimum 18+ years of experience in accounting, with at least 5-8 years in a leadership role. Experience in managing corporate accounting functions is preferred. Competencies Accounting Expertise: In-depth knowledge of accounting principles, financial reporting, and preparation of profit and loss statements, balance sheets, and cash flow statements. Taxation Proficiency: Strong understanding of Indian tax laws, including GST and income tax, and experience in compliance and filing. Budgeting & Cost Control: Ability to manage the budgeting process, analyze variances, and implement effective cost management strategies. Regulatory Compliance: Knowledge of legal and regulatory requirements in accounting, ensuring adherence to statutory audits and reporting standards. Technical Skills: Proficiency in accounting software (e.g., SAP, Tally) and advanced Excel skills for data analysis, reporting, and process automation. Working relationships Stakeholders Internal : Finance Team: Direct reports, including accountants, financial analysts, and other finance personnel, who collaborate on financial reporting and compliance. Senior Management: Executives (e.g., CFO, CEO) who rely on the Accounts Head for accurate financial data, insights, and updates on accounting matters. Operations Team: Departments involved in daily operations that interact with finance for budgeting, cost management, and resource allocation. Human Resources: Works with HR for payroll processing, employee compensation, and benefits accounting. Internal Audit Team: Collaborates to ensure compliance with internal controls and auditing procedures. External: Auditors: External auditors who conduct annual audits and require accurate financial statements and records for review. Tax Authorities: Government bodies (e.g., Income Tax Department, GST authorities) involved in tax compliance and regulations. Bankers and Financial Institutions: Banks that manage corporate accounts and may require financial documentation for loans or credit facilities. Vendors and Suppliers: External partners that may require payment processing and account reconciliation. Regulatory Bodies: Organizations that oversee compliance with accounting standards and financial reporting regulations.