Senior associate/Assistant manager - Finance and Accounting

Job description for Senior Associate/Assistant Manager - Finance

Job Responsibilities include but are not limited to:

Financial Planning and Analysis:

• Prepare and analyse monthly, quarterly, and annual financial reports.
• Develop and monitor budgets and forecasts.
• Provide financial analysis and support for strategic planning and decision-making processes.
• Identify trends, variances, and areas of financial risk or opportunity.

Accounting and Financial Reporting:

• Oversee daily financial transactions and ensure accurate and timely recording of all financial activities.
• Prepare and review financial statements in accordance with GAAP or IFRS.
• Manage the month-end and year-end closing processes.
• Coordinate with external auditors for annual audits and ensure compliance with audit requirements.

Internal Controls and Compliance:

• Develop, implement, and maintain internal financial controls and procedures.
• Ensure compliance with all relevant financial regulations and standards.
• Conduct regular internal audits to assess the effectiveness of internal controls and identify areas for improvement.

Treasury and Cash Management:

• Monitor and manage cash flow to ensure adequate liquidity for operational needs.
• Oversee banking relationships and manage debt financing arrangements.
• Optimize the use of financial resources to achieve the best returns on investments.

Cost Management:

• Analyse and control costs to improve profitability.
• Implement cost-saving initiatives and monitor their effectiveness.
• Review and approve expense reports and payment requests.

Taxation:

• Ensure compliance with all tax regulations and timely filing of tax returns.
• Optimize tax planning strategies to minimize tax liabilities.
• Liaise with external tax advisors as necessary.

Team Management:

• Supervise and mentor finance team members, providing guidance and support for their professional development.
• Foster a collaborative and high-performance team environment.

Payroll Processing:

• Process payroll accurately and on time for all employees, ensuring compliance with local, state, and federal regulations.
• Maintain payroll records and reports, including timesheets, wage calculations, tax deductions, and benefits administration.
• Ensure timely payment of salaries, wages, bonuses, and deductions.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 6 years of experience in finance, accounting, or a related role.
• Strong understanding of financial principles, regulations, and reporting standards.
• Proficiency in financial software and tools (e.g., Tally, Microsoft Excel).
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.

Note: Designation will be offered according to the years of experience and performance during the interview.

Job Types: Full-time, Permanent

Pay: ₹400,000.00 - ₹600,000.00 per year

Benefits:

• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Schedule:

• Day shift
• Fixed shift

Ability to commute/relocate:

• Patel Nagar West, Delhi, Delhi: Reliably commute or planning to relocate before starting work (Preferred)

Education:

• Bachelor's (Preferred)

Experience:

• Tally: 5 years (Required)
• Accounting: 5 years (Required)
• total work: 5 years (Required)

Work Location: In person