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Account Head

2 months ago

thane, India Rainbow Group of Companies, India Full time
Total Experience:  15 years of experience
Qualification:
- Bachelor’s degree in Accounting, Commerce, Financial Management, or other relevant areas required.
- CA/ MBA Finance (preferable)
Responsibilities:
- Preparation of financial statements and submission of periodical results as per IGAAP or Ind AS, control checklist and review of balance sheet reconciliations
- Responsible for handling all General Ledger level activities and monthly close process, including reconciliations of all balance sheets, general ledger accounts, and cash flow and overhead cost allocation.
- Responsible for handling statutory audits and other external department audits/due diligence activities.
- Variance analysis of periodic accounts with AOP & Budgets and highlighting deviations with reasoning and recommendations.
- Strong knowledge of sub-function activities including Account Receivable, Payables, Fixed Assets and   inventory, direct and indirect taxes like Tax Audit, GST Audit, TDS Returns .
- Ensure adherence to all relevant legal statutory requirements including GST, income tax, FEMA, and other applicable laws.
-Implement a Budget and Cost management system to ensure necessary reports are available for analysis of overheads
-Monitoring cash management systems, all subcontractors and clients by doing timely and accurate accounting, billing and payment.
- Draft and implement financial processes & SOPs.
- Ensure compliance and build relevant internal controls to its domain.
- Driving automations and simplifications for higher efficiency.
- Own and ensure implementation of Accounting Policies.
- Ensure accurate quarterly consolidation of financial results.
- Create infrastructure to ensure correct billing of, and accrual for, all client revenues.
- Ensure collection of all outstanding accounts receivable (external and intercompany)
- Ensure billing, settlement, and elimination of all intercompany revenue and services agreements.
- Oversee timely and accurate input of accounting entries for all offices and review regional expenses.
- Ensure all balance sheet accounts have been reconciled on a timely basis.
- Ensure all required accruals and adjustments.
- Oversee annual audit of consolidated financial statements.
- Ensure appropriate segregation of duties in all processes.
-Preparing all updated finance and accounts related analytics and matrices for management information system purpose
Requirements:
- Strong ERP/SAP handling experience.
- Experience of handling a team.
-  5+ years of experience as Accounts Manager/Head.
Skills & Attributes: -
- Strong and capable Leader, Possesses honesty, integrity, strong work ethic, and team skills.
- Ability to manage & mentor a big team
- Strong problem solving and communication abilities; is organized and efficient.
-Excited by and open to new ideas and new ways of doing things.
-Ability to manage stressful targets
-Proven ability to meet deadlines in a high-paced work environment.
-Willingness to take on all kinds of tasks and areas of responsibility.