Accounts And Finance Manager

Brief Job Description: The Candidate will be responsible for overseeing all the financial and accounting operations within the company. The role will involve managing financial reporting & accounting, inventory management, cash flow, compliance, and team leadership.

Key Responsibilities:

1. Financial Management & MIS Reporting:
• Oversee the preparation of MIS (Financial Statements - Balance Sheet, Profit & Loss and Cash Flow Statements), ensuring accuracy and compliance with statutory regulations and accounting standards.
• Manage month-end and year-end closing processes, including reconciliations and financial performance analysis.
2. Forecasting:
• Collaborate with production and sales departments to forecast revenues, costs, and profits, ensuring alignment with company objectives.
• Monitor cash flow and working capital to ensure liquidity and operational efficiency.
3. Inventory Management:
• Work closely with the production & sales team to manage inventory levels and ensure the inventory work flow is best optimized for the entity.
• Regularly perform inventory verification to ensure the physical count aligns with the accounting records.
4. Compliance Review:
• Ensure compliance with tax laws, including GST, TDS, Income tax, and other statutory requirements.
• Coordinate with internal and external consultants to facilitate filings and other requirements.
5. Team Leadership & Development:
• Supervise the accounts team, providing leadership, training, and career development.
• Assign tasks, monitor performance, and implement strategies to improve productivity and accuracy in financial reporting/ accounting.
6. Financial Systems & Process Improvement:
• Oversee the implementation and maintenance of financial software and systems to improve data accuracy and reporting efficiency.
• Identify opportunities to streamline processes, reduce costs, and improve financial controls across the organization.
7. Internal Controls & SOP:
• Develop and monitor internal control procedures to safeguard company assets and ensure data integrity.
• Be responsible for drafting, implementing and overseeing the Standard Operating Procedures especially for the Accounting and Inventory (Operations Department). Role & responsibilities