Senior Manager, Accounts

Job Description: Senior Manager, Accounts

Company:
TESSOL (Thermal Energy Service Solutions Pvt Ltd)

Location:
Navi Mumbai, Maharashtra

Department:
Finance & Accounts

Reports To:
CFO / COO

Website:

About TESSOL

TESSOL is a globally recognized Indian startup and a leader in sustainable cold chain technology solutions. We engineer proprietary Phase Change Material (PCM) based technologies that ensure temperature-sensitive products (food, pharma, etc.) stay fresh and reach consumers with minimal wastage and carbon footprint. Backed by leading investors like Mela Venture, 1Crowd and Ankur Capital, we are disrupting the last-mile distribution network in India and international markets.

Job Overview

We are looking for an experienced and detail-oriented
Senior Manager, Accounts
to lead our finance and accounting operations. The ideal candidate will be a hands-on leader capable of managing end-to-end accounting functions, ensuring strict statutory compliance, and providing strategic financial insights to support TESSOL's growth phase. You will oversee the accounts team and work closely with senior leadership to streamline financial processes for our manufacturing and logistics operations.

Key Responsibilities

1. Financial Accounting & Operations

• Oversee day-to-day accounting operations including General Ledger, Accounts Payable (AP), Accounts Receivable (AR), and Fixed Assets.
• Ensure accurate and timely monthly, quarterly, and annual closing of books in accordance with Indian Accounting practices.
• Manage banking relationships, working capital limits, and fund flow planning to ensure liquidity for operations.
• Supervise payroll processing and ensure accurate accounting of employee benefits.

2. Statutory Compliance & Taxation

• Ensure 100% compliance with all statutory requirements including GST, TDS, TCS, PF, ESIC, and Income Tax.
• Manage filing of returns (GSTR-1, GSTR-3B, etc.) and handle tax assessments or scrutiny matters.
• Liaise with external consultants and tax authorities for timely resolution of notices or queries.
• Ensure compliance with the Companies Act and other secretarial matters.

3. Financial Reporting & Analysis

• Prepare and present Monthly Management Information Systems (MIS) reports to the leadership team, highlighting key financial metrics and variance analysis (Budget vs. Actuals).
• Assist in the preparation of annual budgets and financial forecasts.
• Provide product costing analysis and inventory valuation support to the manufacturing team.

4. Audit & Internal Controls

• Lead the coordination for Statutory Audits, Internal Audits, and Tax Audits, ensuring timely completion.
• Design and implement robust internal financial controls and Standard Operating Procedures (SOPs).
• Monitor inventory audits and physical stock verification processes.

5. Team Leadership

• Mentor and manage the accounts team, ensuring high performance and professional development.
• Foster a culture of accuracy, integrity, and efficiency within the department.

Key Performance Indicators (KPIs)

You will be evaluated based on the following metrics, which align with our manufacturing and high-growth startup environment:

1.     
Financial Accuracy & Efficiency

• Closing Cycle Time:
  Complete monthly books closure by the
  7th working day
  of the subsequent month.
• Budget Variance:
  Maintain actual vs. budgeted expense variance within
  +/- 5%
  .
• Payroll Accuracy:
  Achieve
  100% accuracy
  in payroll processing and disbursement timelines.

2.     
Compliance & Risk Management

• Statutory Compliance Rate:
  100% on-time filing
  of GST, TDS, PF, ESIC, and Income Tax returns with zero penalties.
• Audit Completion:
  Ensure successful completion of Statutory and Tax audits within agreed timelines without major non-compliance observations.

3.     
Cost Control & Reporting

• COGS Accuracy:
  Ensure precise calculation of Cost of Goods Sold for manufacturing units to support correct product pricing.
• MIS Delivery:
  Deliver accurate Monthly MIS reports to the Board/Investors by the
  10th of every month
  .

Desired Candidate Profile

Education & Certification:

• Chartered Accountant (CA)
  is highly preferred.
• Inter-CA / ICWA or MBA (Finance) with significant relevant experience will be considered.

Experience:

• 8–12 years
  of proven experience in Finance & Accounts.
• Prior experience in the
  Manufacturing
  or
  Logistics/Supply Chain
  industry is mandatory.
• Experience in a startup or high-growth environment is a plus.

Skills & Competencies:

• Technical Proficiency:
  Expert knowledge of
  Tally Prime
  and advanced MS Excel. Experience with ERP implementation is an added advantage.
• Compliance Knowledge:
  Strong grasp of Direct & Indirect Taxation (GST, Income Tax) and Indian Accounting Standards.
• Soft Skills:
  Excellent analytical skills, attention to detail, and strong communication skills to interact with stakeholders and investors.

Why Join TESSOL?

• Work with a purpose-driven company solving critical global challenges (Food Wastage & Carbon Emissions).
• Opportunity to be part of a Series-B funded, fast-scaling organization.
• Collaborative and innovative work culture based in Navi Mumbai.

Company at a Glance

Founded in February 2013 and based in Rabale, Navi Mumbai, TESSOL is a focused player in the refrigeration & cold-chain space in India. The company's core mission is to
design, manufacture and service cold-chain solutions
that serve perishable-goods industries such as dairy, seafood, ice cream, frozen-food, poultry and last-mile delivery. Still growing, the company has built a reputation for innovative, technically-oriented solutions in a high-demand and fast-evolving sector.

What Makes TESSOL distinctive

• End-to-end cold-chain manufacturing & logistics
  : TESSOL offers everything from insulated delivery bags and gel-packs to refrigerated vans, blast-freezer systems and cold rooms. TESSOL is the only company in India offering solutions across the value chain.
• Sustainability & efficiency focus
  : By developing low-fuel, high-efficiency refrigeration systems, and serving perishable supply-chains, TESSOL positions itself at the intersection of food-tech, logistics and green engineering.
• Mid-sized growth environment
  : With a relatively lean team and agile structure, the company offers opportunities for hands-on contribution and learning across functions.

Why Join TESSOL

• Impactful work
  : You'll be part of a business that supports critical supply-chains (fresh food, pharma, logistics) and helps reduce waste and improve shelf-life in India's growing cold-chain market.
• Growth opportunity
  : Being a smaller, focussed company means roles are less siloed — you can take initiative, cross-functional interaction is likely, and you can influence outcomes.
• Startup-style mindset with industrial domain
  : Though established, the company retains the dynamism of a scale-up: fast decisions, evolving processes, and growth potential.

A Few Practical Details

• Location:
  R-511, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, Maharashtra
• Business size & stage:
  Incorporated 2013; classified as a "Small/Medium enterprise" for FY , indicating growth potential ahead.
• Core functions you might engage with:
  manufacturing support, sales/quotation coordination, service logistics, product installation, customer accounts for refrigeration/cold-chain.
• Ideal candidate background:
  Someone with good communication, organisation skills, and interest in a growing environment.