Sr. Accounts Manager

Job Description

Senior Accounts Manager Overview: The Senior Accounts Manager will beresponsible for overseeing the financial operations of the company, ensuringcompliance with accounting standards and financial regulations. This rolerequires strategic financial planning, team leadership, and efficientmanagement of accounts payable, receivables, banking, taxation, and audits. Theideal candidate will possess strong accounting acumen, analytical skills, andleadership capabilities to drive financial efficiency and business growth. Responsibilities: FinancialManagement Reporting: Oversee monthly, quarterly, and annual financial reporting,including PL, balance sheets, and cash flow statements. Analyse financial status and variances, prepare budgets, andpresent financial insights to senior management. Develop and implement financial strategies to supportbusiness growth and profitability. AccountsPayable Receivable: Manage vendor coordination, invoice processing, and timelypayment execution. Ensure reconciliation of sales and purchase ledgers. Optimize working capital management to improve cash flowefficiency. BankingCash Flow Management: Maintain company bank accounts, process deposits, and handleall financial transactions. Liaise with banks for financial operations, documentation,and funding requirements. Assess financial risks and develop mitigation strategies. ComplianceTaxation: Ensure timely filing and compliance with GST, TDS, and otherstatutory regulations. Handle tax registrations, audits, and liaise with externalauditors and consultants. Monitor regulatory changes and ensure adherence to updatedfinancial policies. PayrollEmployee Benefits: Supervise payroll processing, salary disbursements, andstatutory compliances like PF, ESIC, and PT. Implement cost-effective compensation structures whileensuring compliance. FinancialPlanning Strategy: Provide insights for long-term financial planning andcapital allocation. Assist in business forecasting, investment planning, andprofitability analysis. Develop financial models to support strategicdecision-making. FinancialRisk Governance: Develop and enforce internal controls, risk managementframeworks, and governance policies to safeguard financial assets and preventfraud. Identify financial risks, market trends, and economic shiftsthat could impact business stability and implement mitigation strategies. FundraisingCapital Management: Work closely with banks, investors, and financialinstitutions to secure funding, manage credit lines, and optimize capitalstructure. 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 fornew business opportunities. TechnologyFinancial Innovation: Lead the adoption of financial automation tools, AI-drivenanalytics, and digital payment systems to improve efficiency. Stay ahead of emerging financial technologies and regulatorychanges to future-proof the organization. StakeholderInvestor Relations: Act as a key liaison with investors, auditors, regulatorybodies, and board members to present financial insights and drive confidence inthe companyfinancial health. Translate complex financial data into actionable insightsfor senior leadership and key stakeholders. FinancialSystems Process Optimization: Implement and oversee accounting software tools such asTally, Vyapaar, Zoho, or equivalent.