Accounting manager

3 days ago

Democratic Republic Of Congo, India Dhruv Corporate HR Solutions Full time ₹ 5,00,000 - ₹ 15,00,000 per year


Job Description:
Job Summary:

The Accounts Manager will oversee day-to-day financial operations, ensuring accurate bookkeeping, timely financial reporting, compliance with statutory requirements, and support for budgeting and audit processes. The role plays a critical part in managing the financial health of the retail business, including inventory accounting, vendor payments, and store-level expense control.

Key Responsibilities:
1. Financial Accounting & Reporting:

  • Supervise daily accounting operations including accounts payable, receivable, and general ledger.

  • Prepare monthly, quarterly, and annual financial statements.

  • Ensure timely closure of books of accounts.

  • Conduct variance analysis and provide insights into financial performance.

2. Inventory and Cost Management:

  • Monitor and reconcile inventory transactions across stores and warehouses.

  • Work with the supply chain and merchandising teams to ensure correct valuation of inventory.

  • Track shrinkage, wastage, and stock adjustments.

3. Compliance & Audit:

  • Ensure compliance with statutory requirements including GST, TDS, income tax, and other applicable laws.

  • Prepare and support statutory, internal, and tax audits.

  • Maintain up-to-date documentation of financial policies and procedures.

4. Accounts Payable & Receivable:

  • Monitor vendor payments, credit terms, and outstanding balances.

  • Ensure timely billing and collections from channel partners or franchisees.

  • Reconcile supplier and customer accounts regularly.

5. Budgeting & MIS:

  • Assist in preparation of annual budgets and forecasts.

  • Provide timely MIS reports to management for strategic decision-making.

  • Analyze store-level profitability, cost centers, and overheads.

6. Team Leadership & Coordination:

  • Lead a team of accountants and support staff.

  • Train, guide, and review their work to ensure accuracy and efficiency.

  • Coordinate with other departments such as operations, HR, and IT.

Qualifications & Experience:

  • Bachelor's or Master's degree in Commerce, Finance, or Accounting.

  • CA, CMA, or equivalent professional qualification preferred.

  • 5–8 years of relevant experience in the retail or FMCG industry.

  • Strong understanding of retail accounting practices, including POS integration and inventory valuation.

  • Hands-on experience with ERP systems (e.g., SAP, Oracle, Tally) and MS Excel.

Key Skills:

  • Attention to detail and high level of accuracy.

  • Analytical and problem-solving skills.

  • Excellent communication and interpersonal skills.

  • Ability to work under pressure and meet tight deadlines.

  • Leadership and team management capabilities.


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