Accounts Manager

3 weeks ago


Navi Mumbai, India TORQCOMMODITIES Full time

Key Responsibilities: Accounting & Finalization: • Lead the finalization of standalone and consolidated financial statements in compliance with IFRS/GAAP and local statutory requirements. • Manage month-end, quarter-end, and year-end closing activities, ensuring accuracy and timeliness. • Review and reconcile intercompany transactions, eliminations, and consolidation adjustments for global subsidiaries. • Supervise GL, AR, AP, fixed assets, and inventory accounting, ensuring proper controls and reconciliations. • Coordinate with statutory and internal auditors for audits, ensuring compliance and timely closure. Financial Reporting & MIS: • Prepare and present MIS reports, P&L statements, and balance sheet analysis at group, company, and business unit levels. • Consolidate global financial data for management review, highlighting performance trends and variances. • Conduct variance analysis (Actuals vs. Budget / Forecast) with commentary on key drivers. • Support management in board, audit committee, and investor presentations. Budgeting, Planning & Analysis: • Support the annual budgeting and forecasting process in collaboration with business units. • Monitor financial KPIs, working capital, and cost structures, providing insights for efficiency improvement. • Assist in financial planning and decision-making through profitability, cost, and cash flow analysis. Compliance & Controls: • Ensure compliance with local and international accounting standards, taxation, and regulatory requirements. • Strengthen internal controls and accounting policies to ensure accuracy and mitigate risks. • Liaise with tax advisors, external auditors, and regulatory authorities as required. Team Leadership & Stakeholder Management: • Supervise and mentor accounting staff, ensuring effective performance and professional development. • Collaborate with cross-functional teams across global offices for smooth consolidation and reporting. • Act as a key liaison between finance and management for financial insights and recommendation


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