Assistant Manager - Accounts

Key Responsibilities

1. Books Closure & Accounting Control

* Ensure accuracy and completeness of books of accounts.

* Perform detailed ledger scrutiny on a fortnightly and monthly basis.

* Identify accounting errors, unreconciled balances and control gaps and ensure timely resolution.

* Drive month-end and year-end closure activities within defined timelines.

* Review balance sheet schedules and supporting reconciliations.

2. Accounts Payable & Vendor Controls

* Conduct vendor-wise ageing analysis and advance reviews on a fortnightly basis.

* Identify long outstanding advances, debit balances and unreconciled vendor accounts and drive closure.

* Ensure vendor ledger reconciliations are completed regularly.

* Monitor vendor master hygiene and compliance requirements.

* Track agreement validity and ensure timely renewals through periodic follow-ups.

3. GST & Tax Compliance

* Drive vendor-level GST reconciliation and ITC optimization.

* Ensure maximum eligible GST credits are availed and GST cash outflow is minimized.

* Identify vendor non-compliances impacting ITC and coordinate corrective actions.

* Monitor GST mismatches and ensure timely resolution.

* Ensure TDS deductions, payments and reconciliations are accurate.

4. Vendor Compliance Management

* Track and monitor MSME compliance documentation.

* Ensure PAN, GST registrations and other statutory documents remain valid and updated.

* Verify vendor agreements are active and available before processing transactions.

* Maintain compliance dashboards and periodic exception reporting.

5. Financial Reporting & Analysis

* Prepare monthly financial statements and supporting schedules.

* Perform detailed variance analysis against Budget, Prior Period and Forecast.

* Identify key business drivers and financial risks.

* Present actionable insights and recommendations to Finance Controller.

6. Payroll & Employee Accounting

* Manage salary accounting and payroll-related journal entries.

* Ensure accurate accounting of payroll provisions, reimbursements and employee recoveries.

* Reconcile payroll data with books on a monthly basis.

7. Accounts Receivable Controls

* Monitor AR ageing and collection performance.

* Review customer ledger reconciliations.

* Identify process gaps impacting collections and revenue accounting.

* Track action plans and ensure closure of issues on a fortnightly basis.

* Strengthen reporting mechanisms for early identification of collection risks.

8. Audit & Internal Controls

* Support statutory, internal and tax audits.

* Ensure readiness of schedules, reconciliations and audit documentation.

* Drive closure of audit observations within agreed timelines.

* Strengthen SOP adherence and internal control compliance.

Key Deliverables

* Accurate monthly closure of books.

* Fortnightly ledger scrutiny and closure of identified gaps.

* Vendor ageing and advance balances maintained within defined thresholds.

* Maximum eligible GST ITC claimed with minimum cash leakage.

* Zero critical compliance lapses relating to GST, TDS, MSME and vendor documentation.

* Timely preparation of financial statements and variance analysis.

* Robust AR and AP control framework with regular reporting.