Job Description

• Full responsibility of the accounting functions and accounts related matters of the company.
• Prepare, developing and controlling annual budget to ensure that all financial targets are met and financial & statutory regulations complied with.
• Responsible for yearend finalization of the accounts by maintaining accuracy and control.
• Responsible for accurate and timely monthly, quarterly and year end closing.
• Responds to inquiries from Accounting Manager, MD and other authorities regarding financial results and special reporting requests.
• Monitoring and controlling the operations to make sure they are in compliance with the Group Standards and Policies
• Monitor expenditure against budget across all profit & cost centers and advice managers/ MD of any significant variances. Makes sure that transactions are reflected on the system on timely basis.
• Handle petty cash/Cash in hand.
• Provide advice to managers/ MD on data obtained, highlighting any particular problem areas, so that any necessary remedial action can be taken.
• Oversee the timely and accurate submission of VAT and other statutory returns to the governmental departments (if required).
• Assisting the internal audit and tax & other consultants across the Affiliate.
• Act as the main liaison for the external auditing for the affiliate.
• Manage and control the Payroll and HR related activity from accounting point of view.
• Monitor, control and organize stock, collections, payments, expenses, receipts by using the following MIS reports and appropriate practical measures:
• Age analysis and brand wise reports of stock.
• Stock variance report.
• Debtors and creditors ageing.
• Budgetary variance reports of all expenses and revenues.
• Profitability/ Costing of all profit centers (salesman and divisions).
• Other Internal control reports.
• All the transactions out of KPI, other than regular business activity, related to Investments, CAPEX, new projects, renovation, payments to sister concerns, payment to partners etc. are required written confirmation from Accounting Manager/ MD directly to account in the system.

Daily / Monthly / Quarterly & Yearly Reporting to HO Finance & Management:

• Supplier payments with due date and remarks for overdue.
• Sales report with achievement by profit center wise
• Collection report
• Debtors Ageing report with more six months’ analysis & actions
• Creditors Ageing report with over aged & actions
• Stock Ageing report with more one-year analysis & actions
• Analysis of slow moving and Stock not sold
• P & L, Balance Sheet & other financial reports after the final monthly adjustment of depreciations, provisions, accruals and pre-payments etc.