Position Overview:
- The Accounts Manager (Inter CA) will oversee day-to-day financial activities, including budgeting, forecasting, auditing, financial reporting, and regulatory compliance.
- This role involves managing the company's financial health, ensuring accurate financial statements, managing accounts payable and receivable, and assisting with tax planning and audits.
- The Accounts Manager will work closely with senior management to provide financial insights and strategies to drive profitability.
- We are looking for a proactive individual who has strong accounting expertise, knowledge of regulatory frameworks, and the ability to handle complex financial tasks efficiently.
Key Responsibilities:
Financial Reporting & Accounting:
- Prepare and maintain accurate financial statements, including balance sheets, profit & loss accounts, and cash flow statements.
- Ensure the timely closure of monthly, quarterly, and yearly financial statements.
- Reconcile bank statements and maintain accurate records of financial transactions.
Tax Compliance & Audit:
- Handle the preparation and submission of GST, TDS, and income tax returns.
- Work closely with auditors to ensure timely completion of statutory audits, internal audits, and tax audits.
- Ensure compliance with relevant financial regulations and statutory requirements.
Budgeting & Forecasting:
- Assist in the preparation of annual budgets and forecasts.
- Monitor actual spending against budgeted amounts, providing variance analysis.
- Provide financial insights to the management team for strategic decision-making.
Accounts Payable & Receivable:
- Manage the company's accounts payable process, ensuring timely payment to vendors and accurate recording of expenses.
- Oversee accounts receivable, monitor collections, and follow up on overdue payments.
- Maintain vendor and client relationships to ensure smooth financial operations.
Cash Flow Management:
- Monitor and manage cash flow to ensure the company maintains adequate liquidity.
- Prepare cash flow projections and ensure funds are allocated efficiently.
Banking & Treasury:
- Liaise with banks and financial institutions for loans, overdrafts, and other banking facilities.
- Manage banking relationships to optimize interest costs and improve cash management.
Tax Planning:
- Assist in tax planning and advise the management on tax-saving strategies.
- Ensure timely filing and adherence to tax laws and regulations.
Payroll Management:
- Oversee payroll processing, ensuring compliance with statutory requirements such as PF, ESIC, and other deductions.
- Ensure timely disbursement of employee salaries and benefits.
Financial Analysis:
- Conduct detailed financial analysis to evaluate business performance, including profitability, cost control, and ROI on various projects.
- Prepare financial reports and present data-driven insights to the management.
Regulatory & Compliance:
- Stay updated with changes in financial and tax regulations, ensuring the company remains compliant with all local and national laws.
- Implement and monitor internal controls to safeguard company assets and prevent fraud.
Internal Coordination:
- Coordinate with various departments (sales, operations, marketing) to ensure proper recording of financial data.
- Work closely with the finance team to streamline financial processes and ensure timely reporting.
Knowledge & Skills:
Accounting & Financial Principles:
- Strong understanding of accounting principles and financial management, including double-entry bookkeeping, accruals, and depreciation.
- Proficiency in maintaining general ledgers, preparing journal entries, and conducting financial reconciliations.
Taxation & Regulatory Compliance:
- In-depth knowledge of GST, TDS, income tax laws, and other relevant statutory regulations.
- Familiarity with tax planning and audit procedures, ensuring compliance with Indian tax laws.
Budgeting & Forecasting:
- Expertise in preparing budgets and financial forecasts, with the ability to analyze and provide insights on variances.
- Ability to use budgeting tools and software for effective financial planning.
ERP & Accounting Software:
- Proficiency in accounting software such as Tally, SAP, or QuickBooks.
- Hands-on experience with ERP systems to manage financial operations and reporting.
Auditing & Internal Controls:
- Experience in conducting internal audits and implementing effective internal control measures to safeguard financial assets.
- Ability to manage external audits, ensuring compliance with statutory requirements.
Financial Analysis & Reporting:
- Strong financial analysis skills, with the ability to interpret financial data and prepare detailed reports for senior management.
- Experience in presenting financial reports, including variance analysis and trend forecasting.
Compliance with Corporate Governance:
- Familiarity with corporate governance principles and the role of finance in maintaining transparency and accountability.
Team Management & Communication:
- Strong leadership and team management skills to oversee junior accountants and finance staff.
- Excellent communication skills for effectively liaising with senior management, auditors, vendors, and clients.
