An Accounting Manager oversees and manages the financial operations of an organization, ensuring that all accounting practices align with standard financial regulations (like GST and TDS compliance). They lead a team of accountants and ensure accurate financial reporting, budgeting, and compliance with statutory regulations.
Why Hire an Accounting Manager?
- An Accounting Manager can streamline processes and ensure compliance with financial regulations like GST, TDS, income tax laws, and Indian Accounting Standards (Ind AS).
- They can also provide insights into cost-saving measures and budget planning, which can enhance the company’s overall financial health.
Job Description Template
We are looking for an experienced and detail-oriented Accounting Manager to lead the finance team and oversee all accounting operations. You will ensure the accuracy and integrity of financial records, manage reporting requirements, and drive compliance with Indian Accounting Standards (Ind AS) and regulations like GST and TDS.
You will also be responsible for driving financial strategies, managing audits, and contributing to the company’s financial planning. Ultimately, you will keep all prevalent Indian accounting regulations in mind and help mentor the junior members of your team.
Responsibilities:
- Oversee daily accounting operations, including general ledger entries and account reconciliations.
- Manage and mentor a team of accountants and finance professionals.
- Ensure timely filing of GST, TDS, and other tax-related requirements.
- Lead the month-end and year-end closing processes.
- Prepare financial statements, balance sheets, and profit and loss statements.
- Liaise with external auditors and manage audit processes.
- Develop and monitor internal controls to safeguard company assets.
- Assist in budgeting and forecasting financial data for future planning.
- Ensure compliance with all statutory and regulatory requirements.
- Provide financial analysis and insights to senior management for decision-making.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or Commerce.
- CA (Chartered Accountant) certification or an MBA in Finance is preferred but mandatory
- Minimum of 5-7 years of accounting experience, with at least 2-3 years in a supervisory role.
- Strong understanding of the standard accounting standards, GST, and TDS regulations.
- Proficiency in accounting software such as Tally, QuickBooks, and/or Zoho Books.
- Advanced skills in Microsoft Excel and financial analysis tools.
- Inclination towards directing and supervising your team
Key Skills:
- Financial reporting
- GST and TDS compliance
- Leadership and team management
- Budgeting and forecasting
- Financial analysis
- Knowledge of Tally/Zoho Books
- Audit management
- Strategic financial planning
- Problem-solving and decision-making
Tips For Recruiters:
- Look for candidates with leadership experience, as managing a team is key to this role.
- Ensure candidates have a deep understanding of Indian tax regulations, including GST and TDS.
- Seek individuals who have experience handling audits, as well as budgeting and forecasting for medium to large-scale organizations.
- Prioritize candidates with strong financial analysis skills, as they will provide critical insights for decision-making.
Key Points to Mention About Your Organization:
- Highlight any financial software or tools used within the company (e.g., Tally, SAP).
- Mention any growth opportunities within the finance team or company-sponsored training programs.
- Outline the scale of financial operations, such as dealing with multinational clients or handling large-scale audits.
Keywords For Recruiters:
- Accounting management
- GST compliance
- TDS filing
- Financial reporting
- Chartered Accountant (CA)
- Budgeting and forecasting
- Audit management
- Team leadership
- Financial analysis