Asst. Manager/Deputy Manager-Accounts-Mumbai

Job Description

Position Title: Asst. Manager/Deputy Manager

Department: Accounts & Finance

Reporting To: Sr. Manager Accounts

Location: Mumbai

Qualification: B. Com/M. Com/CA Inter

Experience: 5-7 yrs

Role & Responsibilities:

Accounts Transactions & Banking Operations

Responsible for initiating and processing NEFT and RTGS transactions for payments to vendors, suppliers, and other third parties.
Monitor transaction status to ensure successful and timely completion.
Coordinate with banks for resolution of transaction-related issues and discrepancies.
Manage foreign exchange transactions and support hedging activities to mitigate currency risks.

Daily Accounting & Financial Recording

Record daily financial transactions such as sales, purchases, receipts, and payments in the accounting system.
Ensure all accounting entries are recorded accurately and within defined timelines.
Maintain proper accounting records and supporting documentation.

MIS Reporting & Financial Analysis

Prepare MIS reports with detailed analysis of sales, inventory, and product-wise Gross Profit (GP).
Generate customized reports as required by management for business decision-making.
Prepare monthly dashboards highlighting key financial and operational metrics.
Perform detailed Gross Profit analysis and provide actionable insights to management.

Costing, Budgeting & Financial Planning

Prepare accurate cost sheets for imported and domestically sourced products to support pricing and profitability decisions.
Monitor and control CAPEX and OPEX by analyzing budgeted versus actual performance and identifying key variances.
Support and participate in the preparation of annual budgets and periodic forecasts aligned with business objectives.

Inventory Analysis & Operational Support

Conduct stock ageing analysis and inventory planning/projections to support operational efficiency and demand forecasting.
Coordinate with internal stakeholders for inventory-related analysis and reporting.

Finalization, Compliance & Statutory Activities

Responsible for ledger scrutiny and reconciliation on a regular basis.
Support accounts finalization and GST finalization activities.
Ensure compliance with ROC regulations, including drafting board resolutions, maintaining statutory records, and preparing meeting minutes.
Ensure adherence to accounting standards, internal controls, and statutory requirements.

Skills Required:

Strong understanding of accounting principles and financial reporting.
Experience in MIS reporting, budgeting, costing, and financial analysis.
Knowledge of ROC compliance and statutory documentation will be an added advantage.
Proficiency in accounting software (Preferred: Spectrum software experience).
Advanced proficiency in Microsoft Excel and MS Office tools.
Strong analytical, organizational, and problem-solving skills.
High attention to detail and accuracy in financial data management.