Job description-
Job Title: DGM -Deputy General Manager Accounts
Department: Finance & Accounts
Experience: 10- 15 years
Reports To: DVP – F & A
Location: Bengaluru
Job Type: Full-Time
Job Summary: Responsible for Accounting, Finance, Audit and MIS of the Company. As head of Accounts will oversee the accounting of the holding company and subsidiaries/associate companies and ensuring the accuracy and compliance of financial data, guiding the Accounts / Finance team, and implementing strategic financial processes. This role requires a deep understanding of accounting principles, Accounting Standards, Financial/ cost analysis, Budgeting, Working-capital Management, Direct and Indirect Taxation, Inventory management, Versatility in ERP Accounting Software systems along with strong leadership skills to manage day-to-day operations and support organisational growth.
Key Responsibilities:
1. Financial Reporting & Compliance:
· Oversee the preparation of day to day, monthly, quarterly, and annual financial statements.
· Ensure compliance with local, state, and federal tax reporting requirements, including Income Tax, GST, TDS, TCS and other relevant regulations.
· Manage audits (internal and external) and coordinate with auditors to ensure timely completion of Audit and accurate reporting.
· Develop and implement financial policies, procedures, and internal controls to maintain data accuracy and integrity.
2. Cost Accounting & Analysis:
· Lead the cost accounting processes, including product costing, variance analysis, and cost control initiatives.
· Work closely with Plant and Operation team to analyse cost drivers
· Develop detailed cost structures and maintain cost allocation across departments.
3. Budgeting & Forecasting:
· Lead the annual budgeting process and develop financial forecasts, aligning with organizational goals.
· Monitor actual performance against budgets, identify variances, and provide actionable insights for corrective measures.
· Collaborate with department heads to ensure adherence to budgets and efficient resource allocation.
4. Team Leadership & Development:
· Manage and mentor the accounting team, setting clear performance goals, conducting regular evaluations, and facilitating professional development.
· Foster a collaborative and results-driven work environment, ensuring team members are equipped to meet individual and department objectives.
· Stay updated on industry trends, financial regulations, and accounting standards, ensuring the team adapts to changes proactively.
5. Cash Flow & Working Capital Management:
· Oversee cash flow forecasting, ensuring sufficient liquidity for daily operations and long-term projects.
· Manage accounts payable and receivable cycles, optimise payment terms, and negotiate favourable terms with suppliers and customers.
· o Work closely with the treasury function to manage banking relationships, credit lines, and short-term financing needs.
Qualifications:
• Education: Qualified Chartered Accountant
• Experience: 10-15 years in Accounting / Finance and Audit, with at least 5 years in a senior or managerial role
• Technical Skills: Proficiency in Tally and other ERP systems, MS Excel, and financial reporting software.
• Compliance: Familiarity with statutory accounting standards and relevant tax regulations.
Key Competencies:
• Analytical Skills: Strong analytical and problem-solving skills, with a focus on data accuracy and attention to detail.
• Leadership: Proven experience in leading, mentoring, and developing a high-performing accounting team.
• Communication: Excellent communication skills to explain complex financial data and collaborate with cross-functional teams.
• Adaptability: Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
• Strategic Thinking: Strong business acumen that can align accounting operations with overall company objectives.
Benefits:
• Competitive salary.
• Health and wellness benefits.
• Opportunities for professional growth and development.
• Supportive and dynamic work environment
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