Assistant Manager-Account

Role Purpose

To ensure accurate accounting, timely vendor payments, statutory compliance, financial reporting, and audit support while coordinating day-to-day activities of the Accounts team. The role requires strong accounting knowledge, hands-on execution, and the ability to guide junior team members.

Key Responsibilities

A. Accounts Payable & Vendor Management

• Process and review vendor payments as per approved schedules.
• Verify vendor invoices related to Project, Procurement, IT, Legal, Capex, Freight, and other expenses.
• Prepare daily payment proposals and remittance details for bank processing.
• Coordinate vendor onboarding in SAP and ensure required documentation is complete.
• Resolve vendor payment and invoice-related queries.

B. Financial Accounting & Reporting

• Prepare monthly journal entries and account reconciliations.
• Assist in month-end and year-end closing activities.
• Prepare Profit & Loss statements, Balance Sheet schedules, and MIS reports.
• Review ledger balances and resolve accounting discrepancies.
• Ensure accurate accounting as per company policies and accounting standards.

C. Audit & Taxation

• Support statutory, internal, bank, and tax audits.
• Prepare audit schedules and working papers.
• Assist in preparation of Income Tax working papers and assessment-related documentation.
• Coordinate with auditors and ensure timely submission of required information.

D. GST & Statutory Compliance

• Reconcile purchase invoices with GSTR-2A/GSTR-2B.
• Ensure timely accounting of GST transactions.
• Support GST return preparation and reconciliation.
• Resolve GST mismatches with vendors and internal departments.
• Ensure compliance with GST, TDS, and other statutory requirements.

E. Employee Accounting

• Verify Full & Final Settlement calculations.
• Review employee investment declarations and proof submissions.
• Verify payroll-related accounting entries and employee reimbursements.
• Support tax deduction calculations as per Income Tax provisions.

F. Team Coordination & Process Improvement

• Coordinate daily activities of the Accounts team and ensure timely completion of assigned tasks.
• Guide junior executives on accounting processes and SAP transactions.
• Monitor payment timelines and month-end closing activities.
• Coordinate with Plant, Corporate, Procurement, HR, Banks, and Auditors.
• Recommend process improvements and ensure compliance with SOPs and internal controls.

Candidate must have hands-on experience in Balance Sheet Finalisation, including preparation, review, and closure of financial statements.