Assistant Manager - Finance and Accounts

Assistant Manager– Finance and Accounts

Qualification: Chartered accounts

Experience – 0-2 Year post CA.

Vendor and Treasury Management

· Supervise accounts payable function

· Plan vendor payments and prepare payment projections for effective cash flow management.

· Manage treasury operations, including fund planning, loan disbursement, and investment of idle funds in mutual funds or fixed deposits.

· Liaise with banks for various financial matters and oversee all banking activities.

Capital and Fixed Assets Management

· Handle fixed assets accounting and ensure proper control over capital expenditures.

Cost and Spend Management

· Monitor departmental expenditures, analyse planned versus actual spends, and escalate variances for corrective actions.

· Supervise accounts payable and establish robust verification processes for critical payments.

Financial Management and Reporting

· Lead the monthly, quarterly, and annual closure of books of accounts within stipulated timelines.

· Prepare and present Monthly schedules and conduct variance analysis.

· Oversee accounting and process automation in collaboration with the IT department.

· Ensure compliance with internal financial controls and implement effective monitoring systems.

· Supervise and maintain accurate records and documentation of all financial transactions.

Auditing and Compliance

· Manage and coordinate with internal and statutory auditors to ensure audit requirements are met.

· Ensure adherence to taxation requirements, including TDS and GST compliance.

Process Improvement and System Integration

· Develop accounting structures in SAP, such as business units, profit centers, and cost centers.

· Define and enforce Standard Operating Procedures (SOPs) for payment verification processes.

· Drive process improvements, innovation, and standardization across accounting and finance functions.

Leadership and Team Management

· Provide effective leadership, manage a team, and foster a collaborative work environment.

· Exhibit strong organizational skills to manage multiple tasks and threads simultaneously.

· Demonstrate excellent communication and interpersonal skills to interact across all organizational levels.

Problem Solving and Strategic Initiatives

· Proactively identify and resolve issues with an assertive and creative approach.

· Ensure alignment of financial goals with organizational objectives through innovative strategies.