Senior Accounts Manager

Role & responsibilities

1. Financial Management & Reporting

• Oversee end-to-end accounting operations for all outlets or business units.
  
• Review and finalise monthly, quarterly, and annual financial statements.
  
• Monitor cash flow, revenue trends, and financial health of the organisation.
  
• Present MIS reports, P&L statements, and budget variance reports to management.
  
• Ensure timely month-end and year-end closing.
  

2. Strategic Planning & Budgeting

• Develop annual budgets and financial forecasts.
  
• Analyse business performance and recommend cost optimisation strategies.
  
• Provide insights for pricing, offers, packages, and new business planning.
  
• Support decision-making for expansion, new store openings, and investments.
  

3. Revenue Assurance

• Oversee reconciliation of daily sales from POS software (Zenoti/Slick/other).
  
• Ensure accuracy in billing, discounts, packages, memberships, and refunds.
  
• Identify and resolve revenue leakages or discrepancies.
  
• Strengthen SOPs for billing and cash handling.
  

4. Accounts Payable & Receivable Management

• Supervise vendor management, invoice verification, and payment schedules.
  
• Monitor outstanding receivables from partners, corporates, and franchises.
  
• Establish credit control measures to improve cash flow.
  
• Negotiate commercial terms with vendors when required.
  

5. Payroll, Commissions & Compliance

• Oversee payroll processing in coordination with HR.
  
• Ensure accuracy in salary sheets, commissions, incentives, and reimbursements.
  
• Manage statutory compliance: GST, TDS, PF, ESI, PT, audits, and tax filings.
  
• Liaise with auditors, consultants, and government authorities.
  

6. Inventory & Cost Control

• Implement strong controls for inventory consumption and procurement.
  
• Review stock reports, purchase orders, and usage vs. revenue patterns.
  
• Highlight cost irregularities and improve cost-efficiency of operations.
  

7. Team Leadership & Process Improvement

• Lead and mentor the Accounts team (Executives, Senior Executives, Managers).
  
• Set SOPs for accounting workflows, approvals, documentation, and reporting.
  
• Conduct training on system usage, financial discipline, and compliance.
  
• Ensure continuous process improvement and automation where possible.
  

8. Cross-Functional Collaboration

• Work closely with Operations, HR, Procurement, and senior management.
  
• Provide financial insights to support store-level and company-level decisions.
  
• Support technology integrations for accounting and POS systems.
  

Preferred candidate profile:

• Bachelors or Master’s degree in Accounting, Finance, Commerce (B.Com/M.Com/MBA).
  
• 7–12 years of experience in accounting; minimum 3 years in a senior or managerial role.
  
• Strong expertise in Tally, GST, TDS, MS Excel, and financial reporting.
  
• Experience in service/retail/salon/spa/hospitality industry preferred.
  
• Strong analytical skills and financial acumen.
  
• Excellent leadership, communication, and decision-making skills.