Assistant Manager Finance

4 months ago

Mumbai, India IIDE Full time
Job Description
Job description


Position Overview: The position of Assistant Manager Finance is an important role within our organization. As an Assistant Manager, you will manage a team of accountants and oversee the day-to-day accounting operations. You will report to the Senior Manager of finance and work closely with the management to ensure the financial health of the organization.

We seek an individual who is passionate about working in a growth-oriented organization and possesses strong financial acumen. The ideal candidate should thoroughly understand accounting principles, direct and indirect taxation, financial planning, and strategy. They should also have excellent leadership and interpersonal skills.


Responsibilities and Duties:

Supervision and Management:

  • Supervise and manage a team of accountants, providing guidance and support as needed.
  • Oversee the day-to-day accounting operations and ensure adherence to accounting principles.

Financial Statements:

  • Prepare and review financial statements, including income statements, balance sheets, and cash flow statements.
  • Conduct regular variance analysis to track and explain deviations from budgeted figures.

Budgeting and Compliance:

  • Collaborate with the leadership team to develop financial budgets and monitor income and expenses.
  • Thorough understanding of all compliances, specifically GST and TDS.
  • Preparation, review, and filing of all returns ensuring compliance with all statutory laws, including but not limited to GST, TDS, PF, ESIC, and PT.

Cash Flow and Audit:

  • Assist in managing the companys cash flow and working capital requirements.
  • Handle accounting tasks using Tally software.
  • Assist in managing audit requirements and liaising with auditors.

Tax and MIS:

  • Support in income tax-related matters.
  • Prepare various management information system (MIS) reports to facilitate decision-making.

Reconciliation and Payments:

  • Review and reconcile balance sheet accounts, fixed assets, and inventory items.
  • Assist with company secretary requirements, as needed.
  • Expense management and making of all payments.
  • Understanding of salary calculations.

Run-rate Sheets and Finalisation:

  • Assist in the preparation of run-rate sheets.
  • Support in the finalisation of accounts.


Requirements
  • CA qualified or a Graduate in Finance and Accounting.
  • Minimum 1-2 years of professional experience if CA qualified.
  • Minimum 5-8 years of experience if not CA qualified.
  • Strong knowledge of accounting principles and financial management.
  • Proficiency in using accounting software, preferably Tally.
  • Excellent numerical, mathematical, and analytical skills.
  • Strong communication and interpersonal skills.
  • Demonstrated leadership abilities and the ability to prioritize and solve problems.
  • Good understanding of the mercantile system of accounting.
  • Familiarity with the EdTech industry or experience in a reputable firm is a plus.
  • The candidate must be residing in Mumbai.

As an Assistant Manager Finance, you will play a critical role in ensuring the accuracy and integrity of our financial records. You will be expected to lead your team effectively, provide strategic insights, and contribute to the overall financial health of the organization.



Requirements
CA qualified or a Graduate in Finance and Accounting. Minimum 1-2 years of professional experience if CA qualified. Minimum 5-8 years of experience if not CA qualified. Strong knowledge of accounting principles and financial management. Proficiency in using accounting software, preferably Tally. Excellent numerical, mathematical, and analytical skills. Strong communication and interpersonal skills. Demonstrated leadership abilities and the ability to prioritize and solve problems. Good understanding of the mercantile system of accounting. Familiarity with the EdTech industry or experience in a reputable firm is a plus. The candidate must be residing in Mumbai. As an Assistant Manager Finance, you will play a critical role in ensuring the accuracy and integrity of our financial records. You will be expected to lead your team effectively, provide strategic insights, and contribute to the overall financial health of the organization.

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