Assistant Manager Finance

• Oversee the complete accounting and finance operations of the organization, ensuring accuracy, timely closure, and compliance.
• Supervise day-to-day accounting activities covering sales, purchases, receipts, payments, journal entries, general ledger, cash, and bank transactions.
• Manage and review monthly, quarterly, and annual financial closing activities.
• Prepare and review Profit & Loss Account, Balance Sheet, Trial Balance, Cash Flow Statements, and other financial reports.
• Ensure accurate accounting of vehicle sales, spare parts, accessories, service revenue, insurance income, commissions, discounts, warranty claims, and related transactions.
• Monitor and control accounts receivable and customer outstanding, including ageing analysis and collection follow-up.
• Monitor vendor payables, payment schedules, credit terms, and timely settlement of supplier accounts.
• Review and approve bank reconciliation, cash reconciliation, customer/vendor reconciliation, and ledger scrutiny.
• Ensure proper accounting and reconciliation of vehicle inventory, spare parts, accessories, and workshop-related inventory.
• Coordinate with the Sales, Service, Purchase, Stores, HR, and Operations teams to resolve accounting and financial issues.
• Take responsibility for GST compliance, including GSTR-1, GSTR-3B, input tax credit reconciliation, and GST-related reconciliations.
• Manage TDS compliance, including deductions, payments, return filing, reconciliation, and resolving notices or discrepancies.
• Coordinate with statutory auditors, internal auditors, tax consultants, GST consultants, and other professional advisors.
• Prepare and provide required schedules, statements, supporting documents, and explanations during audit and tax assessments.
• Ensure compliance with applicable accounting standards, GST, TDS, Income Tax, and other statutory requirements.
• Develop and maintain strong internal financial controls to prevent errors, fraud, revenue leakage, and unauthorized transactions.
• Review accounting entries and ensure that all transactions are supported by appropriate invoices, approvals, and documentation.
• Prepare and present MIS reports to senior management covering sales, gross margin, expenses, receivables, payables, cash flow, profitability, and business performance.
• Analyze financial data and provide management with insights regarding cost control, profitability, working capital, and operational performance.
• Prepare budgets, forecasts, cash-flow projections, and variance analysis and report significant deviations to management.
• Monitor daily cash flow and fund requirements and coordinate with management for effective working-capital planning.
• Identify financial risks, accounting discrepancies, and process gaps and implement appropriate corrective and preventive actions.
• Lead the month-end and year-end closing process and ensure all provisions, accruals, depreciation, outstanding expenses, and adjustments are properly accounted for.
• Supervise, train, and guide the accounts team, allocate responsibilities, review work, and ensure timely completion of assigned tasks.
• Establish accounting processes and SOPs to improve accuracy, efficiency, and turnaround time.
• Maintain proper control over financial records, statutory documents, contracts, invoices, and confidential financial information.
• Coordinate with banks and financial institutions for banking transactions, documentation, statements, and finance-related requirements.
• Support management in financial planning, business analysis, cost optimization, and strategic decision-making.
• Ensure timely submission of all management reports, statutory returns, audit requirements, and financial statements.
• Continuously review accounting processes and identify opportunities for automation, process improvement, and better financial controls.

Key Areas of Responsibility1. Financial Accounting

• Complete accounting operations and ledger management.
• Monthly and annual financial closing.
• Financial statement preparation and review.

2. Statutory Compliance

• GST, TDS, Income Tax coordination and compliance.
• Audit and assessment support.
• Statutory records and documentation.

3. Working Capital Management

• Receivables and payables monitoring.
• Cash-flow planning.
• Bank and cash management.

4. Automobile Dealership Accounting

• Vehicle sales and inventory accounting.
• Spare parts and accessories accounting.
• Workshop/service revenue.
• Warranty, insurance, discounts, and commission accounting.

5. MIS & Management Reporting

• Monthly MIS and profitability reports.
• Budget vs. actual analysis.
• Expense and cost analysis.
• Management dashboards and financial insights.

6. Team Management

• Supervision and performance monitoring of the accounts team.
• Work allocation and review.
• Training and process improvement.

7. Internal Controls & Audit

• Strengthening accounting controls.
• Periodic reconciliation and verification.
• Coordination with internal and statutory auditors.
• Ensuring compliance with company policies.
• Key Skills RequiredStrong knowledge of Accounting & Finance
• GST and TDS compliance
• Financial reporting and MIS
• Accounts payable & receivable management
• Bank and ledger reconciliation
• Working capital and cash-flow management
• Budgeting and variance analysis
• Audit coordination
• Inventory accounting
• Team leadership and people management
• Advanced MS Excel
• Working knowledge of Tally / ERP / accounting software
• Strong analytical and problem-solving skills
• Good communication and management-reporting skills