Senior Account Manager

The Senior Accounts Manager is responsible for overseeing the accounting functions within the organization, ensuring accurate financial reporting, compliance with regulations, and efficient management of financial transactions. This role involves supervising junior accountants, leading the preparation of financial statements, managing budgets, and providing insights on financial planning and analysis to support strategic business decisions.

Key Responsibilities:

• Financial Reporting & Analysis:
• Prepare and oversee the preparation of accurate financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Conduct financial analysis and provide insights to senior management regarding financial performance, budget variances, and trends.
• Ensure timely and accurate month-end, quarter-end, and year-end closing processes.
• Monitor and analyze financial performance, identifying key trends and recommending actions to improve profitability.
• Budgeting & Forecasting:
• Lead the preparation and review of annual budgets, forecasts, and financial plans in collaboration with other departments.
• Monitor actual financial performance against budgeted figures and analyze any variances.
• Assist in long-term financial planning to align with business goals and objectives.
• Team Supervision & Leadership:
• Manage and mentor a team of junior accountants and accounting staff, providing guidance and support in their day-to-day activities.
• Conduct performance reviews, set objectives, and provide training to ensure the team's professional growth.
• Ensure the team follows accounting best practices, policies, and procedures.
• Compliance & Internal Controls:
• Ensure compliance with relevant accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
• Review and strengthen internal controls to safeguard the company's financial assets and ensure accurate financial reporting.
• Coordinate with external auditors to facilitate annual audits and ensure timely completion.
• Tax & Regulatory Compliance:
• Oversee the preparation and filing of tax returns, ensuring compliance with tax regulations and deadlines.
• Stay updated on changes in tax laws and regulations and advise senior management on potential impacts.
• Cash Flow & Treasury Management:
• Manage the company's cash flow, ensuring adequate funds are available to meet operational needs.
• Oversee accounts payable and receivable to ensure timely payments and collections.
• Optimize cash flow through effective working capital management.
• Financial Strategy & Decision Support:
• Provide financial insights and analysis to support strategic decision-making for management.
• Collaborate with senior leadership to evaluate investment opportunities, cost-saving initiatives, and profitability strategies.
• System Implementation & Improvements:
• Oversee the implementation and upgrade of accounting software or systems to improve the efficiency and accuracy of financial reporting.
• Continuously evaluate existing accounting processes and recommend improvements to streamline operations and reduce errors.

Required Skills and Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field (Master's degree or CPA preferred).
• Minimum of 5-7 years of experience in accounting or finance, with at least 3 years in a supervisory or managerial role.
• Strong knowledge of accounting principles, financial regulations, and tax laws.
• Advanced proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Experience in preparing and analyzing financial reports and statements.
• Strong leadership, communication, and interpersonal skills.
• Detail-oriented with excellent problem-solving and analytical skills.
• Ability to work under pressure and meet deadlines.

Preferred Qualifications:

• Certified Public Accountant (CPA) or Chartered Accountant (CA) designation.
• Experience with financial planning and analysis (FP&A).
• Experience in managing corporate tax filings and audits.

Job Type: Full-time

Pay: From ₹20,000.00 per month

Benefits:

• Cell phone reimbursement
• Commuter assistance
• Internet reimbursement

Experience:

• Account management: 2 years (Preferred)

Work Location: In person