Accounts Manager - Manufacturing Industry - CA

Job description:

Role & responsibilities:

- Review and record of all financial transactions and maintaining an accurate and up-to-date record of all financial activities.

- Provide Guidance and Support to AR, AP Team on accurate and timely accounting entries.

- Supervise accounting and finance teams, providing guidance, mentoring, and fostering a high-performance culture.

- Coordinate with Accounting Partner to resolve and queries or challenges.

- End to End support in account finalization during month-end and year-end.

- Coordinate with internal & statutory auditors. Maintain and furnish required information during the audit.

- Suggest improvement to accounting systems and implement procedures to enhance efficiency and accuracy.

- Review and approve critical financial transactions, reconciliations, and journal entries.

- Conduct regular reconciliation of Accounts Payable (AP) and Accounts Receivable (AR).

- Resolve discrepancies and ensure accurate recording of financial transactions.

Risk Management and Compliance:

- Monitor financial risks and internal control processes to mitigate potential issues.

- Ensure adherence to financial regulations, tax laws, and compliance requirements.

- Ensure compliance with tax regulations and review tax returns (TDS, GST etc) including matters related to corporate tax, transfer pricing, etc.

- Manage Tax audits and Tax assessments with the Auditors / consultants.

- Analyse The Companys Act compliance, corporate secretarial matters and review the various filings.

- Monthly schedule reviews for areas involving GR-IR, payables, advances, deposits etc.

- Internal Control in Financial Reporting. Understanding and implementing internal controls ensures the accuracy, reliability, and integrity of financial information.

Treasury and Cash Management:

- Prepare Cash Flow Forecast based on AP, AR inflow and outflow.

- Manage cash flow, liquidity.

- Monitor banking relationships, resolve legacy issues and oversee cash management activities.

- Monitor Open PO, collection status and support team to close customer issues for timely collections.

- Monitor Weekly payments, vendor queries.

- Coordinate with Accounting partner for foreign payment documentation and with bank for proper remittances of collections.

Others:

- Assist in the preparation of budgets and forecasts.

- Supporting in annual budgeting, MIS reports and or any other ad hoc reports requested by Management.

- Conduct due diligence on transactions to suggest compliance risks.

Preferred candidate profile:

- Professional qualification of Chartered Accountant is required.

- Working experience of 7-12 years post qualification in accounting & finance. Experience with MNC manufacturing industry is preferred.

- Well versed with IFRS & INDAS standards, rules and regulations.

- Able to work independently, self-motivated, possess analytical skills and ability to adapt to changes.

- Lead the team in providing solutions and advice business divisions on accounting matters.

- Familiarity with Finance processes (e.g. financial closing, reporting, budgeting, forecasting) and systems (e.g. Epicor ERP, Tally Prime) will be preferred.

- Extensive working knowledge of MS Office (Word, Excel, PowerPoint, etc.), particularly an ability to understand & create financial reports with MS Excel.

Other Facilities:

- Transport facilities (on subsidized rates)

- Canteen (on subsidized rates)

- Mediclaim- Unlimited Video consultations with 50 K maternity benefits.

- Saturday/Sunday Weekly off.

Role: Accounts Manager

Industry Type: Retail

Department: Finance & Accounting

Employment Type: Full Time, Permanent

Role Category: Accounting & Taxation

Education

UG: B.Com in Any Specialization

PG: M.Com in Any Specialization, MBA/PGDM in Finance