The Accounting Manager is responsible for overseeing the complete accounting operations for two legal entities in India, ensuring accurate financial reporting, statutory compliance, and timely closure of accounts. This role manages day-to-day accounting functions including general ledger, accounts payable, accounts receivable, bank reconciliations, and fixed asset management. The Accounting Manager ensures adherence to Indian Accounting Standards (Ind AS), compliance with the Companies Act 2013, Income Tax Act 1961, GST regulations, and other statutory requirements including TDS, ESI, PF, and annual audit coordination.KEY RESPONSIBILITIES Financial Accounting & Reporting Oversee end-to-end accounting operations for two legal entities including general ledger maintenance, journal entries, and month-end/year-end close processes Prepare and review monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) in compliance with Indian Accounting Standards (Ind AS) and Companies Act 2013 Develop and present monthly Management Information System (MIS) reports with variance analysis, budget vs. actual comparisons, and key financial metrics for senior management review Manage accounts payable and accounts receivable processes, ensuring timely processing, accurate recording, and effective collection/payment cycles Perform monthly bank reconciliations across all bank accounts for both entities and resolve discrepancies promptly Maintain and update fixed asset registers (FAR), calculate depreciation, and ensure compliance with accounting standards and tax regulations Establish and maintain standardized chart of accounts across both entities while accommodating entity-specific requirements.Statutory Compliance & Tax Management Ensure timely and accurate preparation and filing of GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C) for both entities on a monthly/quarterly basis Manage TDS compliance including computation, deduction, deposit, quarterly TDS returns (24Q, 26Q, 27Q), and annual TDS certificates (Form 16/16A) Coordinate preparation and filing of income tax returns, advance tax calculations, and tax audit reports (Form 3CD/3CB) for both legal entities Ensure compliance with MCA filings including AOC-4 (financial statements), MGT-7 (annual return), and other statutory forms within prescribed timelines Manage ESI, PF, and other labor law compliances including monthly returns and annual reconciliations Coordinate with external auditors for statutory audits, internal audits, and tax audits; provide required documentation and address audit queries Maintain compliance calendar and ensure all statutory deadlines are met across both entities Stay updated on changes in Indian accounting standards, tax laws, Companies Act provisions, and regulatory requirements.Internal Controls & Process Management Establish, implement, and monitor internal controls to safeguard company assets and ensure accuracy of financial records Develop and document accounting policies, procedures, and standard operating procedures (SOPs) for both entities Review and approve accounting transactions, ensuring proper authorization, supporting documentation, and compliance with company policies Identify process improvement opportunities and implement automation solutions to enhance efficiency and accuracy Manage intercompany transactions, reconciliations, and eliminations for consolidated reporting purposes Ensure proper documentation and record retention in accordance with regulatory requirements.Team Leadership & Stakeholder Management Supervise and mentor accounting staff, providing guidance, training, and performance feedback Coordinate with cross-functional teams including operations, HR, procurement, and sales to ensure accurate financial data capture Liaise with banks, auditors, tax consultants, company secretaries, and regulatory authorities Respond to queries from management, auditors, and regulatory bodies with accurate and timely information Support budgeting, forecasting, and financial planning activitiesREQUIRED QUALIFICATIONS Education & Certification Bachelor's degree in Commerce ( ) or equivalent; Master's degree ( ) preferred Professional certification required: Chartered Accountant (CA) or Cost and Management Accountant (CMA) with valid membership Certifications in GST, Income Tax, or Companies Act are advantageous.Experience Minimum 5-8 years of progressive accounting experience in India At least 2-3 years in a managerial/supervisory role Proven experience managing accounting operations for multiple legal entities Strong working knowledge of Indian statutory compliance including GST, TDS, Income Tax, Companies Act 2013, and MCA filings Experience coordinating statutory audits, tax audits, and internal audits Prior experience in manufacturing, services, or multinational company environment preferredREQUIRED COMPETENCIES Technical Skills Expert knowledge of Indian Accounting Standards (Ind AS) and Generally Accepted Accounting Principles (GAAP) Comprehensive understanding of GST, TDS, Income Tax Act 1961, and Companies Act 2013 Strong proficiency in accounting software and ERP systems (SAP, Oracle, Tally ERP 9, QuickBooks, or similar platforms) Advanced Microsoft Excel skills (pivot tables, VLOOKUP, macros, financial modeling) Proficiency in Microsoft Office 365, including Teams, Word, PowerPoint, and Outlook Experience with MCA portal, GST portal, Income Tax e-filing portal, and TRACES Knowledge of multi-entity accounting principles and consolidation processes.Professional Competencies Accountability:Demonstrates high level of responsibility for actions, maintains confidentiality of sensitive financial information, and ensures accuracy in all deliverables Accuracy & Attention to Detail:Performs work with precision, identifies discrepancies, and ensures compliance with regulatory requirements Analytical Thinking:Strong ability to analyze financial data, identify trends, investigate variances, and provide actionable insights Problem-Solving:Proactively identifies issues and develops practical solutions to accounting and compliance challenges Time Management:Effectively manages multiple priorities, meets tight deadlines, and handles peak periods (month-end, quarter-end, year-end, audit season) Leadership:Ability to guide, mentor, and develop team members while maintaining high performance standards.Communication Skills Excellent written communication skills for preparing financial reports, compliance documentation, and professional correspondence Strong verbal communication abilities to explain complex financial information to non-finance stakeholders Active listening skills to understand requirements, address concerns, and resolve conflicts Ability to present financial information clearly and concisely to senior management Professional demeanor in dealing with external stakeholders including auditors, tax authorities, and consultantsWORKING CONDITIONS Office-based role with occasional work-from-home flexibility Extended hours may be required during month-end close, quarter-end, year-end, audit periods, and tax filing deadlines Minimal travel requirements; occasional visits to other company locations or meetings with auditors/consultantsKEY PERFORMANCE INDICATORS Timeliness and accuracy of monthly financial close (target: within 5-7 business days) 100% compliance with statutory filing deadlines (GST, TDS, Income Tax, MCA) Zero material audit findings or regulatory penalties Timely completion of budget vs. actual analysis and MIS reporting Quality of financial reporting and documentation Effectiveness of internal controls and process improvements implemented Team development and staff retention
Job Title
Accounting Manager