Assistant Manager- Accounts

Job Overview:

We are seeking an experienced Assistant Manager - Finance & Accounting with a strong understanding of financial processes and hands-on expertise in key accounting areas. The ideal candidate will have in-depth knowledge of bank reconciliation, payroll accounting, and inventory consumption analysis, along with advanced skills in Microsoft Excel. Prior experience in the e-commerce or retail industry is preferred.

Role & responsibilities

Bank Reconciliation & Entries: Perform accurate and timely bank reconciliations, manage daily bank entries, and ensure all transactions are correctly recorded in the accounting system.

Bank MIS Reporting: Prepare and maintain detailed bank-related MIS reports for management, ensuring clarity and accuracy in reporting cash flows, balances, and reconciliations.

Payroll Accounting: Oversee and manage payroll accounting processes, ensuring accurate recording of salaries, deductions, taxes, and compliance with payroll regulations.

Inventory Consumption Analysis: Analyze inventory consumption data, monitor stock levels, and support in inventory valuation and reporting processes.

Financial Reporting: Assist in the preparation of monthly, quarterly, and annual financial reports, including balance sheets, profit & loss statements, and cash flow statements.

Compliance: Ensure all financial records and reports are maintained in compliance with legal requirements and internal policies.

Advanced Excel Usage: Utilize advanced Excel features (pivot tables, VLOOKUPs, macros, etc.) for data analysis, financial modeling, and report generation.

Collaboration: Work closely with other departments such as operations, procurement, and HR to ensure seamless financial processes across the organization.

Preferred candidate profile

Educational Qualification: B.Com / M.Com / CA Inter or equivalent.

Experience: Minimum of 5 years in finance & accounting roles, preferably in the e-commerce or retail industry.

Technical Skills:

Strong understanding of bank reconciliation and bank entries.

Proficiency in preparing bank MIS reports.

Knowledge of payroll accounting processes and relevant laws.

Experience with inventory consumption analysis and its financial impact.

Advanced Excel skills (e.g., pivot tables, macros, data validation).

Software Proficiency: Experience with accounting software (e.g., Tally / Navision systems) is an added advantage.

Strong analytical skills with attention to detail.

Excellent communication and interpersonal skills.

Ability to work independently and manage multiple tasks simultaneously.