Finance & Accounts Head

Job Description for Finance & Accounts Head

Roles and Responsibilities

• Maintain and monitor the financial performance of the company.
• Ensure quality training for accounting personnel.
• Take weekly and monthly tests and make detailed reports to submit to a higher authority.
• Make a budget with the needs of every specific department of the company.
• Allocate the money and investment funds for business capital.
• Make annual finance plans and project schemes accordingly.
• Analyze financial reports and benefits on several business initiatives
• Ensure timely predictions of monthly, quarterly, and annual results
• Manage budgets and their credibility.
• Maintain and assess risk management
• See the investments made by the company and make a detailed report.
• Manage a team of accountants under yourself.
• Allocate resources as per company rules.
• Make profit and loss statements and check their credibility.
• Develop the steps to ensure all secretive information.
• Ensure all financial and internal audits go as per the norms mentioned with financial regulations
• Meet with board members to assess the current financial situation and recommend strategies to improve it.
• Ensure economical solutions.

· Maintain end to end Books of accounts for our group of companies mentioned below.

· Managing daily accounting and banking activities.

· Monitor and analyze accounting data and produce financial reports or statements on weekly basis

· Establish and enforce proper accounting methods, policies and principles

· Handling Accounts Payable Reviewing booking of expense vouchers and payments.

· Handling Accounts Receivable Ensuring timely recovery of dues and functions of Credit Control.

· Posting of Receipts and Payments and adjust of the same on bill wise basis.

· Running payroll.

· Handling statutory filings - TDS, GST, PF/ESI.

· Preparation of TDS Return along with payment of TDS on monthly basis.

· Preparation of GST Return and filling of the same.

· Reconciliation of Vendors and Customers and settlement of the same.

· Bank Reconciliation and settlement thereof.

· Assisting in statutory compliance.

· Assisting stakeholder's requirements.

· Negotiating and Managing vendors.

· Managing cash and payouts.

· Knowledge of Personal Accounting, Income Computation and ITR

· Establish and maintain fiscal files and records to document transactions

· Work closely with teams for Operations on day-to-day operational processes including billing, payments, receipts and other day to day accounting activities

· Manage weekly campaign status documents for review

· Projection of reports regarding ROI calculations as per the management requirement

· Requirements

· Overseeing all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements;

· Maintaining internal control and safeguards for receipt of revenue, costs, and programme budgets and actual expenditures;

· Consistently analysing of financial data and presenting financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress, changes and keep senior leadership & Management abreast of the financial status;

· Proven working experience as Senior Accounts Manager or Finance Manager

· Advanced computer skills on MS Office, accounting software and databases

· Ability to manipulate large amounts of data

· Leveraging strengths of the finance team members; providing clarity on the roles and responsibilities; developing and implementing training programmes to maximize and help them reach optimal individual and organizational goals;

· Providing leadership in strengthening internal communications with staff at all levels throughout the organization; creating and promoting a positive and supportive work environment.

· Solid experience coordinating audit & Company secretary activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments. Also Create and monitor an effective internal audit system

· Advanced computer skills on MS Office, accounting software and databases

· Handling statutory filings - TDS, GST, PF/ESI.

· Preparation of TDS Return along with payment of TDS on monthly basis.

· Preparation of GST Return and filling of the same.

· Reconciliation of Vendors and Customers and settlement of the same.

· Bank Reconciliation and settlement thereof.

· Knowledge of Personal Accounting, Income Computation and ITR

Job Type: Full-time

Pay: ₹50, ₹75,000.00 per month

Benefits:

• Cell phone reimbursement
• Flexible schedule
• Paid time off
• Provident Fund

Ability to commute/relocate:

• T Nagar, Chennai, Tamil Nadu: Reliably commute or planning to relocate before starting work (Required)

Experience:

• total work: 10 years (Preferred)

Work Location: In person