Accounts Manager

4 days ago

Navi Mumbai, Maharashtra, India TORQCOMMODITIES Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Key Responsibilities:

Accounting & Finalization:


• Lead the finalization of standalone and consolidated financial statements in compliance with IFRS/GAAP and local statutory requirements.


• Manage month-end, quarter-end, and year-end closing activities, ensuring accuracy and timeliness.


• Review and reconcile intercompany transactions, eliminations, and consolidation adjustments for global subsidiaries.


• Supervise GL, AR, AP, fixed assets, and inventory accounting, ensuring proper controls and reconciliations.


• Coordinate with statutory and internal auditors for audits, ensuring compliance and timely closure.

Financial Reporting & MIS:


• Prepare and present MIS reports, P&L statements, and balance sheet analysis at group, company, and business unit levels.


• Consolidate global financial data for management review, highlighting performance trends and variances.


• Conduct variance analysis (Actuals vs. Budget / Forecast) with commentary on key drivers.


• Support management in board, audit committee, and investor presentations.

Budgeting, Planning & Analysis:


• Support the annual budgeting and forecasting process in collaboration with business units.


• Monitor financial KPIs, working capital, and cost structures, providing insights for efficiency improvement.


• Assist in financial planning and decision-making through profitability, cost, and cash flow analysis.

Compliance & Controls:


• Ensure compliance with local and international accounting standards, taxation, and regulatory requirements.


• Strengthen internal controls and accounting policies to ensure accuracy and mitigate risks.


• Liaise with tax advisors, external auditors, and regulatory authorities as required.

Team Leadership & Stakeholder Management:


• Supervise and mentor accounting staff, ensuring effective performance and professional development.


• Collaborate with cross-functional teams across global offices for smooth consolidation and reporting.


• Act as a key liaison between finance and management for financial insights and recommendation

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