Assistant Manager - Accounts

Job Summary:

The Assistant Manager - Accounts will be responsible for managing and maintaining the financial records of the organization while ensuring compliance with applicable laws and regulations. This role includes overseeing payment processing, tax filings, audits, financial reporting, and branch accounting. The ideal candidate will have hands-on experience in accounting, taxation, vendor customer management, payment processing, and import/export-related banking activities.

Key Responsibilities:

1. Accounts Management:

• Manage and maintain accounts records, including accounts payable and receivable, invoices, and bank statements.
• Conduct bank reconciliations and manage petty cash transactions.
• Assist in accounts planning, budgeting, and forecasting activities.

2. Accounting Entries & Reporting:

• Post and review entries such as purchase, sales, journal, debit/credit notes, etc.
• Prepare and review financial reports, including balance sheets, income statements, and cash flow statements.
• Ensure accurate and timely recording of financial transactions.

3. Taxation & Compliance:

• Handle TDS/TCS and GST filings, returns, and audits.
• Ensure compliance with duties, PF/ESIC/PT payments, and other statutory obligations.
• Assist in assessments and liaise with authorities for tax matters.

4. Audit Management:

• Coordinate with auditors for internal and external audits.
• Provide necessary documentation and explanations to auditors.

5. Vendor & Customer Management:

• Manage vendor payments and customer receipts efficiently.
• Process payments to vendors and ensure timely disbursement.
• Resolve discrepancies and maintain positive relationships with stakeholders.

6. Branch Accounting:

• Manage financial transactions and records of branch operations.
• Reconcile branch accounts with head office accounts regularly.
• Monitor branch budgets and ensure adherence to allocated funds.
• Collaborate with branch teams to streamline accounting processes and ensure timely reporting.

7. Import/Export Payments & Bank Query Resolutions:

• Process payments related to import and export activities, ensuring compliance with banking and regulatory requirements.
• Resolve banking queries related to import/export transactions, including discrepancies in payments.

8. Payment Processing:

• Oversee the preparation and approval of payment requests.
• Ensure timely disbursement of payments to employees, vendors, and other stakeholders.
• Maintain payment schedules and ensure adherence to due dates.

9. Process Improvement:

• Assist in the implementation and improvement of financial systems and processes.
• Proactively identify opportunities for efficiency and accuracy in financial operations.

Qualifications & Skills:

• Education: Bachelor's degree in Accounting, Finance, or a related field.
• Experience: Minimum 7 years of relevant experience in accounts.

Technical Skills:

• Proficiency in accounting software and ERP systems.
• Mandatory proficiency in Microsoft AX.
• Strong knowledge of TDS, TCS, GST, and other statutory requirements.
• Proficiency in MS Office, particularly Excel.
• Knowledge of import/export regulations and banking requirements