Account and Finance Manager

Job description

Job Description:
The Account and Finance Manager plays a pivotal role in the financial health and management of the
organization. This role involves overseeing financial operations, ensuring compliance with tax
regulations, and maintaining precise financial records. Below is a comprehensive job description
outlining key responsibilities and qualifications for this position:
Key Responsibilities:
1. Financial Planning and Management:
 - Develop and execute financial strategies, policies, and procedures to ensure the company's financial
stability and growth.
 - Prepare and manage the annual budget, financial forecasts, and cash flow projections.
 - Monitor financial performance, analyze variances, and provide recommendations for improvements.
 - Maintain a strong financial control environment to safeguard company assets.
2. Accounting:
 - Supervise daily accounting operations, including accounts payable, accounts receivable, and general
ledger.
 - Ensure accurate and timely recording of financial transactions.
 - Prepare financial statements, balance sheets, and income statements.
 - Coordinate and oversee the annual financial audit process.
3. Taxation and Compliance:
 - Manage compliance with GST (Goods and Services Tax) regulations and file GST returns.
 - Ensure TDS (Tax Deducted at Source) compliance, deductions, and timely deposit of TDS with the
authorities.
 - Handle GST and TDS audits, as well as respond to tax authorities' queries.
 - Stay updated on changes in tax laws and update company policies accordingly.
4. Bank Reconciliation:
 - Reconcile company bank statements with internal records regularly.
 - Investigate and resolve discrepancies and outstanding items.
 - Maintain accurate and up-to-date cash flow reporting.
5. Financial Reporting and Analysis:
 - Generate and present financial reports to senior management and stakeholders.
 - Analyze financial data to provide insights and recommendations for cost reduction, revenue
enhancement, and profitability improvement