Senior Manager (Accounts)

Job Summary:

The Senior Manager Accounts will be responsible for overseeing the company’s complete financial operations, including accounting, budgeting, cost control, audits, and statutory compliance. The role ensures the accuracy of financial data, strengthens internal controls, and supports management in making strategic financial decisions to enhance profitability and operational efficiency.

Key Responsibilities:

1. Financial Accounting & Reporting:

• Supervise all accounting functions, including Accounts Payable, Receivable, General Ledger, and Bank Reconciliation.
• Ensure accurate and timely recording of all financial transactions.
• Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
• Conduct variance analysis between actual and budgeted results.

2. Budgeting & Cost Management:

• Prepare annual budgets and forecasts in coordination with departmental heads.
• Monitor expenses, control overheads, and ensure adherence to budgetary limits.
• Implement cost control systems to reduce wastage and improve profitability.
• Analyze profitability by division/project and report findings to the Director.

3. Taxation & Statutory Compliance:

• Ensure timely filing of GST, TDS, PF, PT, and Income Tax returns.
• Maintain compliance with all statutory and audit requirements.
• Coordinate with external auditors for statutory, internal, and tax audits.
• Keep updated on latest government notifications and accounting standards.

4. Banking & Treasury Management:

• Manage cash flow, fund planning, and working capital requirements.
• Liaise with banks for credit facilities, OD limits, and documentation.
• Ensure timely vendor payments and collection follow-ups for receivables.
• Optimize fund utilization for better liquidity management.

5. Internal Control & Process Improvement:

• Establish and maintain strong internal financial controls.
• Review and streamline accounting systems, policies, and SOPs.
• Implement ERP or accounting automation for improved efficiency.
• Ensure data security and confidentiality of financial information.

6. Team Leadership & Coordination:

• Supervise and guide the accounts team to ensure accuracy and efficiency.
• Conduct regular review meetings and staff performance evaluations.
• Coordinate with HR, Operations, and Procurement teams for financial planning.
• Support management with MIS reports and cost-benefit analysis.

Key Skills & Competencies:

• Strong knowledge of accounting principles, taxation, and audit procedures.
• Excellent analytical and problem-solving skills.
• Proficiency in Tally, MS Excel, and accounting/ERP software.
• Strong leadership, planning, and communication abilities.
• High level of integrity, confidentiality, and attention to detail.