Accountant

3 weeks ago

Pune, Maharashtra, India Pune Institute of Business Management Full time

Job Description: Assistant Manager - Accounts

Position Title:

Assistant Manager - Accounts

Department:

Accounts

Location:

Pune Institute of Business Management, Pune

Reports to:

Accounts Manager / Finance Director

Job Type:

Full-time

The Assistant Manager - Accounts will be responsible for supporting the day-to-day operations of the Accounts Department and ensuring smooth financial management and compliance with accounting standards. This role involves managing financial records, preparing reports, handling budgets, ensuring the accuracy of financial transactions, and assisting in audit processes.

Key Responsibilities: Accounting & Bookkeeping:
  • Maintain accurate and up-to-date financial records for the institution.
  • Manage accounts payable and receivable, ensuring timely payments and collections.
  • Prepare and process journal entries for general ledger, adjusting entries, and monthly accruals.
Financial Reporting:
  • Assist in the preparation of monthly, quarterly, and annual financial statements.
  • Prepare and maintain detailed financial reports, ensuring accuracy and completeness.
  • Assist in the preparation of financial forecasts, budgets, and cash flow statements.
Compliance & Auditing:
  • Evaluate that all accounting practices comply with relevant regulatory requirements and institutional policies.
  • Coordinate with internal and external auditors for smooth audit processes.
  • Assist in tax preparation and compliance, ensuring timely filing of returns.
Budgeting & Forecasting:
  • Assist in preparing departmental and overall institutional budgets.
  • Monitor budget performance and highlight variances to management.
  • Ensure proper allocation of funds and monitor expenses to ensure they stay within budget.
Cash Flow & Reconciliations:
  • Monitor cash flow and maintain bank reconciliations to ensure accurate financial reporting.
  • Manage petty cash and other day-to-day financial activities.
Team Support & Coordination:
  • Supervise and mentor junior accounting staff.
  • Provide support and training to junior team members to enhance their skills and knowledge.
  • Coordinate with other departments to gather necessary financial data and provide financial support.
Continuous Improvement:
  • Assist in improving financial processes and internal controls to ensure efficiency and effectiveness in operations.
  • Stay updated with accounting standards, financial regulations, and best practices.
Qualifications:
  • Education Qualification: Bachelor's degree in Accounting, Finance, Commerce, or a related field.
  • Professional certification (CA/CPA, ACCA, CMA etc.) is a plus.
    • Experience: 3-5 years of experience in accounting or finance, preferably in an educational institution or similar environment.
    • Prior experience in handling accounting software and financial systems is required.
    Skills & Competencies:
    • Strong knowledge of accounting principles and practices.
    • Proficiency in MS Office, especially Excel, and accounting software (e.g., Tally, QuickBooks, or similar).
    • Excellent analytical, organizational, and communication skills.
    • Ability to manage multiple tasks and meet deadlines.
    • Strong attention to detail and accuracy in financial reporting.
    Work Conditions:
    • Location: Pune Institute of Business Management, Pune

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