Account Manager

2 weeks ago

Delhi NCR Pune, India Duisport Packing Logistics Full time ₹ 15,00,000 - ₹ 28,00,000 per year

Responsibilities:

Overseeing daily operations: The manager supervises the accounting department's daily activities, such as accounts payable and receivable, payroll, bank reconciliations, and general ledger maintenance.

Managing financial reporting: They are responsible for the timely and accurate preparation of financial statements, including balance sheets, income statements (profit and loss statements), and cash flow statements, for both internal and external stakeholders.

Coordinating audits: They act as the primary liaison for both internal and external audits, ensuring a smooth process and the timely provision of necessary financial information.

Implementing internal controls: The manager establishes and enforces accounting policies, procedures, and internal controls to protect the company's financial assets and ensure the integrity and accuracy of financial data.

Ensuring compliance: They ensure the company's financial practices adhere to relevant accounting standards (e.g., GAAP or IFRS) and government regulations, including tax laws.

Core finance functions

Financial planning and forecasting: The manager creates financial models and forecasts based on historical data and market trends to predict future performance and support strategic planning.

Budgeting and cost control: They lead the annual budgeting process, collaborate with other department heads, monitor actual performance against the budget, and identify opportunities for cost savings and increased profitability.

Cash flow and working capital management: They oversee the company's cash flow, ensuring it has enough liquidity to meet its short-term obligations and operational needs. This involves optimizing accounts receivable, accounts payable, and inventory management.

Investment and capital management: For businesses with reserves, they might manage investment activities, such as deciding how to invest company cash or raise capital through debt or equity financing to support growth.

Risk management: The manager identifies, assesses, and mitigates financial risks that could impact the company's financial health, such as market risks, credit risks, and fraud.

Leadership and strategic functions

Providing strategic advice: The manager serves as a strategic business partner, providing insights and recommendations to senior management to guide major financial decisions, such as expansion plans or capital expenditures.

Leading and developing the team: They are responsible for supervising, mentoring, and developing the accounting and finance team, ensuring they have the skills and resources needed to perform their duties effectively.

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