Practice Lead

Job Title

Location:

Job Type:

Role Definition -

Key Result Areas (Responsibilities)

• Leadership role/Independent team building and handling:
• Set clear performance goals, KPIs, and expectations from the team
• Lead, Inspire, and Mentor a team of professionals within the practice area.
• Manage team capacity and allocate resources effectively across clients.
• Identify skill gaps and coordinate upskilling and training programs.
• Conduct regular performance reviews and provide actionable feedback.
• Effective Communication:
• Draft well-structured, grammatically correct, and courteous emails, reports, and documentation.
• Lead or contribute effectively to team meetings, client calls, and presentations.
• Prepare agendas, guide discussions, and summarize key takeaways for follow-up.
• Build strong rapport with clients by maintaining open, respectful, and regular communication.
• Address client queries, deliverables, and concerns in a timely and professional manner.
• Onboarding of new clients
• Serve as the primary point of contact for new clients during the onboarding phase.
• Onboarding new clients from setting up chart of account in QuickBooks/XERO to catching up their bookkeeping backlog
• Later switching these onboarding clients into monthly accounting clients, streamline their processes, preparing checklists and transition to regular accounting team.
• Understanding the clients’ sales and business operations to design onboarding plan.
• Understand the client’s business goals, needs, and expectations.
• Collect necessary documentation, data, or access credentials required to initiate services.
• Maintain accurate onboarding documentation and records.
• Create and manage onboarding project plans with clear timelines and deliverables.
• Monitor progress and keep clients informed of any delays or changes.
• Effective deliverables
• Prepare monthly, quarterly, and annual financial statements (P&L, Balance sheet, Cash flow).
• Deliver reports in compliance with relevant accounting standards (e.g., IFRS, US GAAP).
• Meeting compliance deadlines for the assigned clients
• Ensure deadlines are met for management and external reporting.
• Report daily/weekly cash positions and variances as required.
• Compliance-Focused Role:
  

Tasks

• Replying to all emails within 24 hours.
• Keeping full track of email actionable items + additional insights provided by the client related to process & month and year-end close PoV + filling gaps if the team ignores any year-end notes.
• Daily planning for themselves, the team and deliverables.
• Assessing challenges proactively to support the team in meeting/beating the TC Cycle (weekly queries, posting 25th, req list, bank queries, fixing bank queries, financials, taxes, year-ends).
• Reviewing bank queries (where the team is dependent on you).
• Audit bank queries (where the team is independent of you).
• Reviewing Expense Analysis from taxes, consistency, new supplier, contractors & payroll staff process, and overall SOP PoV.
• Review 100% sales, AR, undeposited/clearing accounts, merchant fees, region-wise sales taxes, GP & inventory > guiding team to update their approach.
• Review and finalize monthly financials for the client, including the accuracy of AP & AR Aging, Prepaid and accruals, Deferred, Tax Liabilities, Tax Estimates, and other BS and financial Items (where the team depends on you).
• Auditing the most critical and selective items in each monthly financial report (where the team is independent of you).
  

What Transcounts Offers

• Salary: Competitive salary package depending on the work experience.
• Benefits: 6 days sick leaves, 12 earned leaves, Medical Insurance, Dinner Meal & Annual Retention Bonus.
• Robust Growth & Learning Opportunities.
• Any questions, please reach out to HR@transcounts.com