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Senior Manager Finance Accounting
Fast&Up IndiaMumbai, Maharashtra, India1 day ago
Job descriptionSupervise and manage the AR team, ensuring the timely and accurate invoicing, payment processing, and collection of receivables. Monitor customer accounts for outstanding balances and overdue payments, and implement effective collection strategies. Investigate and resolve customer disputes and payment discrepancies. Prepare and analyze AR aging reports and other financial reports. Collaborate with the sales and customer service teams to improve the AR cycle and ensure smooth customer relationships. Oversee the entire AP process, from vendor invoice processing to payment, ensuring compliance with company policies and accounting standards. Maintain and update vendor information and master data. Process vendor invoices and prepare payments, ensuring accuracy and timely remittance. Reconcile AP accounts and vendor statements regularly. Develop and implement AP process improvements to enhance efficiency and reduce costs. Monitor and analyze AP data to identify trends and areas for improvement. Manage and oversee all aspects of Direct and Indirect taxation, including Income tax, GST, TDS, and other applicable taxes. Ensure timely and accurate filing of tax returns and compliance with all tax regulations. Conduct tax planning and optimization to minimize tax liabilities. Stay updated on changes in tax laws and regulations and provide guidance to the management. Handle tax audits and assessments. Manage transfer pricing documentation and compliance. Lead and mentor the AR and AP team members, providing guidance, coaching, and development opportunities. Build and maintain a high-performing team through performance management and training. Drive a culture of accuracy, efficiency, and continuous improvement within the accounts function. Strong knowledge of accounting principles, practices, and financial regulations. Excellent analytical and problem-solving skills. Ability to lead, motivate, and manage a team effectively. Strong communication and interpersonal skills. Experience with accounting software and ERP systems (specify, if applicable).
Work Experience : 10 yrs – 12 yrs with min 3+ yrs experience in leadership role.
Role & Responsibilities :
General Accounting :
- Support the company's financial reporting process, ensuring accuracy and compliance with financial regulations.
- Assist in the preparation of financial statements and reports.
- Ensure all accounting transactions are properly recorded and reconciled.
- Assist in the budget preparation and performance tracking.
- Coordinate and manage internal and statutory audits.
- Prepare audit schedules and provide necessary documentation to auditors.
- Ensure compliance with accounting standards and auditing standards.
- Implement and maintain effective internal control systems.
Accounts Receivable (AR) :
Accounts Payable (AP) :
Taxation
Leadership & Development :
Qualification : Bachelor’s degree in accounting, Finance, or a related field.
Desired Candidate Profile :
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Senior Manager Finance • Mumbai, Maharashtra, India
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