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Assistant Accounts Manager

4 weeks ago

Adilabad, Telangana, India NRG Foods Pvt. Full time
The NRG Group

NRG Foods Pvt. Ltd. (India)

NRG Imports B.V (Netherlands)

NRG Indian Imports (Ireland)

Vexfo (United Kingdom)

NRG Foods Pvt Ltd. is a leading global exporter, supplier, and distributor of premium Indian ethnic foods and groceries, renowned for its extensive portfolio and expertise in international trade. With a wide range of products that includes staple items such as rice, atta (flour), lentils, spices, soups, sauces, beverages, and snacks, NRG Foods caters to diverse consumer needs across the globe. The company also supplies personal care products, kitchen utensils, and various commodities, ensuring a comprehensive offering for every market.

In addition, NRG Group of Companies is a fast-growing, global FMCG and EXIM (Export-Import) enterprise with operational offices in Ireland, Netherlands, and India. Over the past decade, the company has developed a robust network, managing relationships with suppliers and customers worldwide. The Indian office handles all finance and accounting-related functions, ensuring seamless financial operations across its global footprint. This international presence and streamlined operations position NRG Foods as a leader in the global FMCG sector, with the agility to adapt to dynamic market conditions and deliver consistent value to clients around the world

For more details, please check our website

https://nityafoods.in/

Job Description:

Title: Assistant Accounts Manager-FMCG (with International Exposure)

Location: Uppal, Hyderabad.

Job Type : Full time.

Educational Qualifications:

· MBA/M. Com

· Certified Management Accountant (CMA) OR

· Certified Internal Auditor (CIA)

Required Skills:

· Knowledge of European Accounting Standards – Familiarity with IFRS (International Financial Reporting Standards) and country-specific GAAP (e.g., UK GAAP, German HGB).

· Taxation & Compliance – Understanding of VAT, corporate tax, and other regulatory requirements across European countries.

· Proficiency in Accounting Software – Experience with SAP, QuickBooks, Xero, NetSuite, or European ERP systems.

· Foreign Exchange & Multi-Currency Accounting – Ability to manage transactions in EUR, GBP, CHF, etc., and hedge currency risks.

· Understanding of Payroll & Social Security Laws – Awareness of payroll processing, employee benefits, and statutory deductions in Europe.

· Strong Analytical & Reporting Skills – Ability to prepare financial statements, MIS reports, and compliance filings as per European standards.

· Communication & Cross-Cultural Skills – Ability to liaise with European clients, auditors, and tax authorities effectively.

Preferred Skills & Competencies

· Strong understanding of FMCG business dynamics and inventory-heavy operations.

· Familiarity with European taxation, customs, and trade laws.

· Excellent analytical and communication skills.

· Proficiency in Excel and accounting software.

· Ability to work in a multi-cultural, fast-paced environment.

Key Responsibilities:

· Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and local European GAAP standards.

· Assist in consolidating financials across international branches (especially European entities).

· Ensure compliance with international tax laws, VAT regulations (especially EU VAT), and statutory audit requirements.

· Monitor and manage accounts payable and receivable cycles, ensuring timely collections and payments across regions.

· Coordinate with vendors and customers in different geographies to resolve invoice discrepancies.

· Maintain accurate ageing reports and follow up on outstanding dues internationally.

· Support month-end and year-end close processes by reconciling general ledger accounts.

· Maintain intercompany account reconciliations and manage currency conversions where needed.

· Assist in the preparation of annual budgets and rolling forecasts for various markets.

· Compare actual results with forecasts, perform variance analysis, and report findings to senior management.

· Coordinate with multiple international banks for transactions, fund transfers, and FX management.

· Monitor cash flows across regions and ensure sufficient working capital for each business unit.

· Liaise with internal and external auditors across different countries for timely audit closure.

· Implement and monitor internal controls to safeguard company assets and prevent fraud.

· Assist in handling international direct and indirect tax matters including GST/VAT returns and withholding tax.

· Coordinate with local consultants in European countries for local tax compliance and filings.

· Work with ERP systems like SAP, Oracle, or Microsoft Dynamics for transaction processing and reporting.

· Ensure proper system data entry and maintenance for smooth audit trails and traceability.

· Collaborate with operations, logistics, and sales teams for accurate cost allocation and reporting.

· Support commercial decision-making by providing timely and accurate financial data.

· Assist in feasibility analysis for new product launches or market expansions.

· Participate in M/&A due diligence or financial modeling when required.

What we offer:

- Work-Life Balance.
- Retention and Privilege Policy.
- Open-Door Policy.
- Timely Salary Payments
- Friendly Work Environment.
- Provident Fund (PF).
- Employee Insurance Coverage.
- Opportunities for International Placement.
- Career Growth Opportunities.
- Retirement Plan.
- Fast-Growing Global Company with Competitive Market Pay.