Assistant General Manager - Accounts & Taxation - CA (10-15 yrs)

Job Summary:

The Assistant General Manager - Accounts and Taxation will head the accounting execution team, overseeing all financial operations, including accounting functions, receivable and payables tracking, all activities up to finalization of accounts, TDS and taxation workings (direct and indirect), all data inputs for management reporting, and setting up the SOPs to ensure all the accounting functions are completed in a timely manner. This role requires a qualified Chartered Accountant with extensive senior-level experience, strong leadership skills, and up-to-date knowledge of accounting standards and tax regulations.

Qualifications:

- Chartered Accountant (CA) qualification is mandatory.

- Minimum of 10 years of progressive experience in accounting, with at least 5 years in a senior management role.

- Strong knowledge of accounting principles, financial reporting standards, taxation (direct and indirect).

- Proven leadership and managerial skills, with the ability to lead and develop a high performing accounts team.

- Excellent analytical and problem-solving abilities.

- Proficiency in ERP systems, financial modeling, and MS Office Suite.

- Ability to communicate effectively with stakeholders at all levels

Responsibilities:

Accounting Functions:

- Ensure timely and accurate recording of financial transactions in compliance with GAAP (Generally Accepted Accounting Principles), Indian standards or applicable accounting standards.

- Coordinate with the finalization team to give the final data preparation of financial statements, reports, and schedules for internal and external stakeholders.

Team Leadership:

- Lead and manage the accounting team, providing guidance, support, and development opportunities.

- Foster a collaborative environment to ensure efficient execution of accounting tasks.

- Assess team capabilities and implement training to enhance performance and efficiency.

- Ensure the team members possess the necessary skills to complete their responsibilities in a timely and efficient manner.

Receivable, Payables and Inventory Management:

- Monitor, reconcile and manage accounts receivable and accounts payable functions, ensuring timely collections and payments.

- Evaluate and improve the existing SOPs to enhance function efficiency.

- Highlight any overdue amounts to the respective teams and take proactive measures to manage cashflow.

- Periodical stock taking and inventory reconciliation with physical stock.

- Periodical Fixed asset verification and reconciliation.

Closure of Accounts:

- Lead the process of monthly, quarterly, and annual closing and complete the scrutiny.

- Complete the closure of books of accounts up to finalization while ensuring completion of these activities accurately and in a timely manner.

Taxation:

- Manage direct and indirect taxation compliance, including preparation of tax working and tax payments and ensuring adherence to tax laws and regulations.

- Prepare workings for all scrutiny, tax notices, refund applications and coordinate with the tax team.

Management Reporting and MIS:

- Prepare accounting data for preparation of management monthly reporting and decision-making.

Compliance and Regulatory Updates:

- Stay updated with changes in accounting standards, tax regulations, and financial reporting requirements. Ensure compliance with regulatory filings and disclosures.