Senior Accounts Manager

Job Description

Senior Accounts Manager Overview: The Senior Accounts Manager will be responsible for overseeing the financial operations of the company, ensuring compliance with accounting standards and financial regulations. This role requires strategic financial planning, team leadership, and efficient management of accounts payable, receivables, banking, taxation, and audits. The ideal candidate will possess strong accounting acumen, analytical skills, and leadership capabilities to drive financial efficiency and business growth. Responsibilities: Financial Management & Reporting: Oversee monthly, quarterly, and annual financial reporting, including P&L, balance sheets, and cash flow statements. Analyse financial status and variances, prepare budgets, and present financial insights to senior management. Develop and implement financial strategies to support business growth and profitability. Accounts Payable & Receivable: Manage vendor coordination, invoice processing, and timely payment execution. Ensure reconciliation of sales and purchase ledgers. Optimize working capital management to improve cash flow efficiency. Banking & Cash Flow Management: Maintain company bank accounts, process deposits, and handle all financial transactions. Liaise with banks for financial operations, documentation, and funding requirements. Assess financial risks and develop mitigation strategies. Compliance & Taxation: Ensure timely filing and compliance with GST, TDS, and other statutory regulations. Handle tax registrations, audits, and liaise with external auditors and consultants. Monitor regulatory changes and ensure adherence to updated financial policies. Payroll & Employee Benefits: Supervise payroll processing, salary disbursements, and statutory compliances like PF, ESIC, and PT. Implement cost-effective compensation structures while ensuring compliance. Financial Planning & Strategy: Provide insights for long-term financial planning and capital allocation. Assist in business forecasting, investment planning, and profitability analysis. Develop financial models to support strategic decision-making. Financial Risk & Governance: Develop and enforce internal controls, risk management frameworks, and governance policies to safeguard financial assets and prevent fraud. Identify financial risks, market trends, and economic shifts that could impact business stability and implement mitigation strategies. Fundraising & Capital Management: Work closely with banks, investors, and financial institutions to secure funding, manage credit lines, and optimize capital structure. Evaluate and recommend investment opportunities, cost-cutting measures, and financial restructuring to maximize profitability. Mergers, Acquisitions & Expansion Planning: Assist in evaluating potential partnerships, joint ventures, and business expansions from a financial perspective. Conduct financial due diligence and feasibility studies for new business opportunities. Technology & Financial Innovation: Lead the adoption of financial automation tools, AI-driven analytics, and digital payment systems to improve efficiency. Stay ahead of emerging financial technologies and regulatory changes to future-proof the organization. Stakeholder & Investor Relations: Act as a key liaison with investors, auditors, regulatory bodies, and board members to present financial insights and drive confidence in the companys financial health. Translate complex financial data into actionable insights for senior leadership and key stakeholders. Financial Systems & Process Optimization: Implement and oversee accounting software tools such as Tally, Vyapaar, Zoho, or equivalent. Develop and improve financial policies, controls, and processes. Leverage technology and automation to enhance financial reporting accuracy and efficiency. Leadership & Team Management: Lead and mentor the accounts team, ensuring high performance and professional growth. Foster collaboration with cross-functional teams to align financial goals with business objectives. Drive continuous improvement in financial operations and risk management Qualifications: Bachelors degree in Commerce; Postgraduate qualification (MBA Finance / M.Com / Inter CA / CA) preferred. 7-10 years of experience in financial management, accounting, and compliance. Strong expertise in taxation, audits, banking, and payroll processing. Proficiency in financial software and tools such as Tally, Vyapaar, or Zoho. Excellent verbal and written communication skills in Hindi and English. Strong problem-solving skills, analytical thinking, and result-oriented approach. Ability to lead a team, work collaboratively, and act independently with minimal supervision. Strategic thinking and financial foresight to contribute to the company’s long-term financial goals.