ITILITE - Manager - Finance & Accounts
1 week ago
About the RoleWe are seeking a highly skilled and detail-oriented Manager Finance & Accounts to lead our core finance operations, taxation, and compliance functions. The ideal candidate will bring strong technical expertise in accounting, financial management, and strategic planning, along with the ability to lead a small team and collaborate cross-functionally. This role is pivotal in ensuring fiscal discipline, accurate financial reporting, and adherence to statutory requirements within a dynamic business environment.Key Management & Reporting- Oversee end-to-end financial accounting processes including general ledger, accounts payable/receivable, fixed assets, and month-end closing.- Prepare and review monthly, quarterly, and annual financial statements in accordance with statutory requirements and accounting standards (IND AS / IFRS).- Ensure accurate and timely reporting of financial performance, including P&L, balance sheet, and cash flow statements.- Conduct variance analysis against budgets and forecasts, providing actionable insights to senior management.Taxation & Compliance- Manage all aspects of direct and indirect taxation including TDS, GST, and Income Tax.- Oversee the timely preparation and filing of tax returns, ensuring compliance with regulatory requirements.- Liaise with tax consultants and authorities for assessments, audits, and regulatory queries.- Maintain up-to-date knowledge of changes in tax laws and accounting standards.Audits & Controls- Coordinate and manage statutory, internal, and tax audits.- Ensure proper documentation, compliance, and resolution of audit observations.- Strengthen internal controls, risk management processes, and compliance frameworks across financial operations.Budgeting & Forecasting- Lead the annual budgeting process, including preparation, consolidation, and presentation to management.- Develop rolling forecasts and financial models to support strategic decision-making.- Track budget performance, analyze deviations, and recommend corrective measures.Banking & Treasury Operations- Oversee daily cash flow management and ensure optimal utilization of funds.- Perform regular bank reconciliations and manage relationships with financial institutions.- Evaluate and manage short-term and long-term funding requirements.Team Leadership & Coordination- Supervise and mentor junior accountants and finance staff to ensure accuracy and efficiency.- Promote a culture of accountability, continuous improvement, and compliance.- Collaborate with cross-functional teams on financial planning, operational efficiency, and cost optimization initiatives.Qualifications & Skills- Masters Degree in Commerce (M.Com), MBA in Finance, or equivalent qualification.- 8-10 years of proven experience in core accounting, taxation, and financial management.- Strong understanding of Indian GAAP, taxation laws, and statutory compliance frameworks.- Proficiency in accounting software such as Tally ERP, SAP, or QuickBooks, along with advanced MS Excel skills.- Demonstrated experience in budgeting, forecasting, and financial analysis.- Excellent analytical, problem-solving, and decision-making abilities.- Strong interpersonal and leadership skills with the ability to manage teams and collaborate with stakeholders at all levels.- High level of integrity, confidentiality, and attention to detail. (ref:iimjobs.com)
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