Assistant Manager (Finance & Accounts)

Role Overview

The Assistant Manager Finance & Accounts will be responsible for end-to-end accounting operations, vendor management, monthly financial closures, audit coordination, statutory compliance, MIS reporting, and financial analysis. The role requires a strong analytical mindset, attention to detail, and the ability to work in a fast-paced startup environment.

Key Responsibilities

1. Financial Accounting & Book Closure

• Ensure accurate accounting of all business transactions.
• Lead monthly, quarterly, and annual closure of books.
• Review journal entries, provisions, accruals, and reconciliations.
• Maintain fixed asset register and supporting schedules.
• Ensure completeness and accuracy of financial records.

2. Vendor Management & Accounts Payable

• Manage vendor onboarding and documentation.
• Verify invoices and coordinate approvals.
• Monitor vendor ageing and payment schedules.
• Resolve vendor queries and reconciliation issues.
• Ensure timely processing of payments.

3. Audit & Compliance

• Coordinate with statutory auditors, internal auditors, and consultants.
• Prepare audit schedules and supporting documentation.
• Ensure compliance with GST, TDS, Income Tax, and Companies Act requirements.
• Assist in implementation and monitoring of internal controls.

4. MIS & Financial Analysis

• Prepare monthly MIS and management reports.
• Analyze revenue, costs, margins, profitability, and business performance.
• Conduct variance analysis against budgets and forecasts.
• Provide actionable insights to management for decision-making.

5. Treasury & Working Capital

• Monitor cash flow and fund utilization.
• Track receivables, payables, and working capital metrics.
• Coordinate with banks and financial institutions.
• Support fund-raising, lender reporting, and due diligence exercises when required.

6. Process Improvement & Automation

• Develop and implement finance SOPs.
• Drive process automation and ERP improvements.
• Strengthen financial controls and reporting mechanisms.
• Identify opportunities for operational efficiencies.

Qualifications

• CA Fresher / CMA Fresher.
• CA/CMA Semi-Qualified.
• B.Com/M.Com with relevant experience may be considered for exceptional candidates.

Technical Skills

• Strong understanding of accounting principles and financial statements.
• Working knowledge of GST, TDS, Income Tax, and statutory compliance.
• Advanced MS Excel skills (Pivot Tables, XLOOKUP, MIS, dashboards).
• Experience with Tally, Zoho Books, SAP, Oracle, or similar ERP systems.

Key Result Areas (KRAs)

KRA 1: Financial Closure & Reporting

• Timely monthly closure of books.
• Accurate preparation of financial statements and MIS.

KRA 2: Compliance & Audit

• Zero major audit observations.
• Timely filing of all statutory returns and compliances.

KRA 3: Vendor & Working Capital Management

• Efficient vendor payment management.
• Reduction in reconciliation pendencies and ageing issues.

KRA 4: Financial Analysis & Business Support

• High-quality analytical reports and business insights.
• Budget monitoring and variance reporting.

KRA 5: Process Improvement

• Automation of manual processes.
• Improvement in finance controls and reporting efficiency.

Key Performance Indicators (KPIs)

KPI

Target

Monthly Book Closure

Within 5 working days

Vendor Reconciliation Completion

100% monthly

Statutory Compliance Filing

100% on-time

Audit Query Resolution

Within agreed timelines

MIS Reporting

Within 3 working days of closure

Vendor Payment Processing Accuracy

>99%

Bank & Ledger Reconciliation

100% monthly

Process Improvement Initiatives

Minimum 2 per year

Financial Data Accuracy

>99%

Preferred Candidate Profile

• Strong analytical and problem-solving skills.
• High ownership and accountability.
• Ability to work independently with minimal supervision.
• Excellent communication and stakeholder management skills.
• Comfortable working in a high-growth startup environment.