Accounting Manager

Description: Accounting Manager - Operational Finance & ComplianceJob Description:We are seeking a highly organized, detail-oriented, and commercially-minded Accounting Manager to oversee critical daily financial operations, transactional accounting, and compliance functions.The ideal candidate will be central to maintaining the financial integrity of the company, focusing on the accuracy of records, timely compliance (especially GST), and efficient management of both accounts receivable and payable cycles.This role requires strong proficiency in accounting software like Tally, advanced abilities in financial reporting and reconciliation, and strong business acumen to effectively manage client and supplier financial relationships, including contract negotiation and payment terms.Key Responsibilities:- Financial Records and Documentation Management: Maintain comprehensive, accurate, and up-to-date financial records and supporting documentation in compliance with statutory requirements and internal policies.Transactional Accounting and Compliance:- Execute precise GST Billing and ensure complete adherence to all Goods and Services Tax regulations.- Prepare and accurately file all relevant tax returns (e.g., GST, TDS, Income Tax) on time, ensuring regulatory compliance.- Execute the entire payroll processing function, ensuring accurate and timely disbursement and compliance with labor laws and tax withholdings.Accounts Receivable (AR) Management:- Generate and issue accurate, timely invoices to customers.- Proactively conduct customer payment follow-up to minimize outstanding receivables and manage the company's working capital effectively.Accounts Payable (AP) and Vendor Management:- Ensure on-time payments to suppliers and transportation vendors to maintain strong business relations and prevent operational disruptions.- Maintain detailed vendor accounts and perform regular reconciliation of vendor statements against internal records.General Ledger and Reconciliation:- Perform thorough, regular review and reconciliation of bank statements and all financial transactions to ensure data integrity and detect discrepancies.- Utilize Tally Knowledge for efficient data entry, ledger management, and report generation within the accounting system.- Financial Reporting and Analysis: Prepare comprehensive monthly, quarterly, and annual financial reports, including detailed Income Statements, Balance Sheets, and Cash Flow Statements, enabling leadership to interpret and analyze the companys financial performance.- Commercial Negotiation: Actively negotiate contracts, pricing, and payment terms with both clients and suppliers to optimize cost structures and maximize revenue and cash flow, demonstrating strong commercial and interpersonal skills.Required Skills:- Degree in Accounting, Finance, or a closely related field.- Proven proficiency and working knowledge of accounting software, particularly Tally (Tally ERP 9 or Prime), for daily operations and statutory compliance.- Strong functional knowledge of Indian taxation, including GST compliance, billing, and return filing.- Demonstrated ability to interpret and analyze financial statements, periodicals, and performance metrics to provide business insights.- Fluency in Microsoft Office suite, with advanced skills in MS Excel (e.g., Pivot Tables, VLOOKUP, financial functions) for data analysis, reconciliation, and reporting.- Strong foundational understanding of bank reconciliation processes and general ledger accounting principles.- Excellent interpersonal and communication skills required for effective customer payments follow-up and commercial negotiation.Preferred Skills:- Experience in a commercial environment involving direct negotiation of contract and payment terms with external parties (clients/suppliers).- Knowledge of an integrated ERP system (beyond Tally) for managing larger financial datasets.- Certification or advanced course work in GST compliance or Payroll management.- Experience with financial planning and analysis (FP&A) functions (ref:iimjobs.com)