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Accountant Manager

15.00 to 20.00 Years   Hyderabad   21 Jul, 2023
DENMARK FACILITY SERVICES
Job LocationHyderabad
EducationNot Mentioned
SalaryRs 6 - 9 Lakh/Yr
IndustryAutomobile / Auto Ancillaries
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    As an Accounting Manager, you are responsible for overseeing the financial operations and activities of an organization. Your primary role is to manage the accounting team and ensure the accuracy, integrity, and compliance of financial records. Your job description includes the following:
    1. Financial Reporting: Prepare and review financial statements, including balance sheets, income statements, and cash flow statements. Ensure that financial reports comply with accounting standards and regulations.
    2. Budgeting and Forecasting: Collaborate with other departments to create annual budgets and financial forecasts. Monitor actual performance against budget and provide analysis of variances.
    3. General Ledger Management: Oversee the general ledger and maintain accurate and up-to-date financial records. Ensure timely and accurate recording of financial transactions.
    4. Accounts Payable and Receivable: Supervise accounts payable and accounts receivable functions to ensure that invoices are processed, payments are made on time, and outstanding customer balances are collected.
    5. Reconciliation: Perform periodic reconciliations of bank accounts, vendor accounts, and other balance sheet accounts to ensure accuracy and identify discrepancies.
    6. Compliance and Audit: Ensure compliance with relevant financial regulations and accounting principles. Coordinate and assist with internal and external audits.
    7. Financial Analysis: Provide financial analysis and insights to management to support decision-making and strategic planning.
    8. Taxation: Work with tax professionals to ensure timely and accurate preparation and filing of tax returns. Stay updated on tax regulations and changes that may impact the organization.
    9. Team Management: Supervise and mentor accounting staff, providing guidance and support to ensure efficient and accurate financial operations.
    10. Process Improvement: Continuously assess and improve accounting processes and procedures to enhance efficiency and accuracy.
    11. Financial Software and Systems: Utilize and maintain accounting software and systems to facilitate financial reporting and streamline processes.
    12. Cash Flow Management: Monitor cash flow and coordinate with management to ensure adequate funds are available for operational needs and investments.
    13. Financial Planning and Analysis: Contribute to financial planning and analysis activities, including evaluating financial performance, identifying trends, and recommending actions to achieve financial goals.
    14. Vendor Management: Negotiate with vendors to obtain favorable payment terms and discounts, as well as ensure compliance with contractual agreements.
    15. Risk Management: Identify financial risks and implement controls to mitigate them, ensuring the organizations financial stability.
    As an Accounting Manager, you play a crucial role in the financial health of the organization by managing the accounting function, ensuring accuracy and compliance, and providing valuable financial insights to support decision-making and strategic planning.

Keyskills :
management accountingaccount managementtdsgstesicincome tax returntds returnitr

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