Assistant Accounts & Finance Manager

Availability to join: Not more than 45days

Work Timings: 10:15 am - 7:15 pm

Working Days: Monday - Friday (1st and 3rd Saturdays are working; 2nd, 4th & 5th Saturdays are off)

Location: Lower Parel, Mumbai (5 minutes from Railway Station)

Reports to: Sr. Manager - Finance

Work Mode: 100% Work from Office

We are looking for an Assistant Manager Finance to play a pivotal role in overseeing our accounting operations and ensuring the financial health of our organization. Reporting to the Senior Manager of Finance, you will manage a team of accountants and work closely with management on financial planning and strategy. This role is ideal for someone passionate about working in a growth-oriented organization with strong financial acumen.

Responsibilities and Duties:

Supervision and Management:

• Supervise and manage a team of accountants, providing guidance and support as needed.
• Oversee day-to-day accounting operations, ensuring adherence to accounting principles.

Financial Statements:

• Prepare and review financial statements, including income statements, balance sheets, and cash flow statements.
• Conduct regular variance analysis to track and explain deviations from budgeted figures.

Budgeting and Compliance:

• Collaborate with the leadership team to develop financial budgets and monitor income and expenses.
• Ensure thorough understanding and compliance with all statutory laws, specifically GST and TDS.
• Prepare, review, and file returns for GST, TDS, PF, ESIC, and PT.

Cash Flow and Audit:

• Assist in managing the company's cash flow and working capital requirements.
• Handle accounting tasks using Tally software.
• Manage audit requirements and liaise with auditors.

Tax and MIS:

• Support income tax-related matters.
• Prepare various management information system (MIS) reports to facilitate decision-making.

Reconciliation and Payments:

• Review and reconcile balance sheet accounts, fixed assets, and inventory items.
• Assist with company secretary requirements as needed.
• Manage expense payments and salary calculations.

Run-rate Sheets and Finalization:

• Assist in the preparation of run-rate sheets.
• Support in the finalization of accounts.

Qualifications and Requirements:

Must-Have:

• CA qualification or a Graduate degree in Finance and Accounting.
• Strong knowledge of accounting principles and financial management.
• Proficiency in using accounting software, preferably Tally.
• Excellent numerical, mathematical, and analytical skills.
• Strong communication and interpersonal skills.

Should-Have:

• Minimum 1-2 years of professional experience if CA qualified; 5-8 years of experience if not CA qualified.
• Demonstrated leadership abilities and the ability to prioritize and solve problems.
• Good understanding of the mercantile system of accounting.

Need-to-Have:

• Familiarity with the EdTech industry or experience in a reputable firm is a plus.
• The candidate must reside in Mumbai.

Expected KPIs:

• Accuracy of Financial Statements
• Compliance Adherence
• Budget Variance Analysis
• Cash Flow Management
• Audit Compliance
• MIS Reporting Timeliness
• Team Efficiency
• Process Improvement