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Assistant Manager- Accounting

Assistant Manager- Accounting

ConfidentialHyderabad / Secunderabad, Telangana
26 days ago
Job description

Detailed Responsibilities :

Financial Reporting and Analysis :

  • Lead the preparation of monthly, quarterly, and annual financial statements
  • Conduct in-depth P&L reviews, analyzing variances and trends
  • Prepare detailed financial reports for management and stakeholders
  • Develop and maintain financial models for forecasting and decision-making

Accounts Receivable (AR) and Accounts Payable (AP) Management :

  • Oversee the entire AR / AP cycle, ensuring accuracy and timeliness
  • Implement and maintain effective credit control policies
  • Manage cash flow by optimizing collection processes and payment schedules
  • Resolve complex AR / AP issues and discrepancies
  • Month-End Close Activities :

  • Coordinate and execute all aspects of the month-end close process
  • Ensure accuracy of general ledger accounts through reconciliations
  • Review and post journal entries, accruals, and adjustments
  • Prepare month-end financial packages and present findings to senior management
  • Budgeting and Forecasting :

  • Assist in developing annual budgets and periodic forecasts
  • Analyze budget vs. actual variances and provide explanations
  • Support long-term financial planning and modeling
  • Collaborate with department heads to gather input for budgeting process
  • Compliance and Regulatory Reporting :

  • Ensure compliance with Billing, TDS, and GST laws
  • Oversee the preparation and filing of GST returns
  • Monitor changes in financial regulations and update processes accordingly
  • Assist in managing external audits and liaising with auditors
  • Client Relationship and Stakeholder Management :

  • Act as a key point of contact for clients on financial matters
  • Build and maintain strong relationships with internal and external stakeholders
  • Communicate financial information effectively to non-finance personnel
  • Respond to inquiries and resolve issues in a timely and professional manner
  • Process Improvement and Automation :

  • Identify opportunities for process improvements and cost savings
  • Implement automation tools to increase efficiency in accounting processes
  • Develop and maintain standard operating procedures for the accounting department
  • Team Management and Development :

  • Supervise and mentor junior accounting staff
  • Assign tasks and monitor work progress of team members
  • Provide training and guidance on accounting principles and best practices
  • Conduct performance evaluations and support professional development of team members
  • Financial Systems and Controls :

  • Maintain and improve internal financial controls
  • Ensure proper documentation and adherence to accounting policies
  • Collaborate with IT department to enhance financial systems and reporting tools
  • Special Projects and Ad-hoc Analysis :

  • Lead or participate in special financial projects as assigned
  • Conduct ad-hoc financial analysis to support management decisions
  • Assist in due diligence processes for potential mergers or acquisitions
  • This role requires a detail-oriented professional with strong analytical skills, the ability to manage multiple priorities, and excellent communication skills to interact effectively with various stakeholders.

    Qualifications :

  • B.Com graduate with MBA in Finance or CA Inter
  • 5–7 years of relevant experience in accounting and finance
  • Strong knowledge of Indian accounting standards and tax regulations
  • Proficiency in financial software and MS Office suite
  • Excellent analytical and problem-solving skills
  • Strong communication and interpersonal skills
  • Skills Required

    Budgeting And Forecasting, Team Management, Financial Reporting, Process Automation

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    Manager Accounting • Hyderabad / Secunderabad, Telangana

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