Position: Accounts Manager
Department: Finance & Accounts
Reporting To: Management / General Manager – Operations
Location: Hyderabad / Adibatla
Employment Type: Full-Time

1. Job Purpose

The Accounts Manager will be responsible for managing the complete Finance & Accounts function of Airtech Innovations Private Limited, ensuring accurate accounting, timely statutory compliance, taxation, financial reporting, audit coordination, and finalisation of the Balance Sheet and Financial Statements.

The position requires strong practical knowledge of Accounting, GST, TDS, Income Tax, statutory compliance, audit processes, and financial reporting, along with the ability to independently coordinate with statutory auditors, tax consultants, banks, and management.

2. Key ResponsibilitiesA. Accounting & Financial Reporting

- Manage day-to-day accounting operations and ensure accuracy and completeness of books of accounts.
- Review accounting entries, ledgers, journal vouchers, receivables, payables, expenses, provisions and accruals.
- Ensure timely monthly, quarterly and annual closing of accounts.
- Prepare and review Trial Balance, Profit & Loss Account, Balance Sheet and Cash Flow Statements.
- Ensure proper accounting of fixed assets, depreciation, provisions, advances, loans and liabilities.
- Conduct regular ledger scrutiny and reconciliation.
- Ensure Bank Reconciliation, Customer Reconciliation and Vendor Reconciliation.
- Identify accounting discrepancies and ensure timely corrective action.
- Take complete responsibility for year-end closing and finalisation of accounts.

B. Balance Sheet Finalisation

- Take ownership of the complete process of Balance Sheet finalisation.
- Prepare schedules and supporting documents required for finalisation.
- Review all Balance Sheet heads and ensure proper classification and accounting.
- Coordinate with statutory auditors for audit requirements and queries.
- Ensure audit adjustments are properly incorporated and books are closed within the required timeline.
- Prepare final financial statements and supporting schedules in coordination with auditors.

C. Audit Management

- Act as the primary coordinator with Statutory Auditors for annual financial audits.
- Prepare and provide audit schedules, confirmations, reconciliations and supporting documents.
- Respond to auditor queries and ensure timely closure of audit observations.
- Coordinate with internal/external auditors, tax consultants and other professional advisors.
- Track audit progress and ensure timely completion of statutory audit.
- Assist management in addressing audit observations and implementing corrective measures.

D. Taxation & Statutory Compliance

GST

- Ensure timely and accurate GST return filing.
- Review GSTR-1, GSTR-3B and other applicable GST returns.
- Monitor Input Tax Credit and GST reconciliations.
- Perform regular reconciliation of books with GST returns and portal data.
- Handle GST notices, assessments, reconciliations and departmental queries in coordination with consultants.

TDS





- Ensure correct deduction and accounting of TDS.
- Timely filing of TDS returns.
- Reconciliation of TDS payable and TDS receivable.
- Issue TDS certificates and handle related queries.

Income Tax

- Coordinate with tax consultants for Income Tax return filing.
- Assist in tax computation, advance tax and tax provisioning.
- Provide required information for tax assessments and notices.
- Ensure proper compliance with applicable Income Tax provisions.

Other Compliance

- Ensure compliance with applicable statutory financial and tax requirements.
- Maintain statutory records and documentation.
- Monitor important compliance due dates and ensure timely action.

E. Management Reporting & MIS

- Prepare monthly financial reports for management.
- Provide MIS relating to:
- Sales and revenue
- Gross margin and profitability
- Receivables and ageing
- Payables and ageing
- Cash and bank position
- Working capital
- Expenses
- Tax liabilities
- Provide financial information and analysis to management for decision-making.
- Highlight significant financial deviations, risks and overdue receivables/payables.

F. Receivables, Payables & Working Capital

- Monitor customer outstanding and ageing.
- Coordinate with Sales/Commercial teams for collection follow-up.
- Monitor vendor outstanding and payment schedules.
- Ensure proper reconciliation of customer and vendor accounts.
- Monitor working capital requirements and cash flow.
- Provide regular cash-flow forecasts to management.

G. Banking & Financial Operations

- Monitor daily bank transactions and bank balances.
- Ensure timely bank reconciliation.
- Coordinate with banks regarding payments, documentation and financial requirements.
- Monitor fund requirements and payment planning.
- Assist management in banking-related documentation and financial matters.

H. Internal Controls

- Establish and maintain effective financial controls.
- Ensure proper authorization and documentation of financial transactions.
- Identify financial and accounting risks and recommend corrective measures.
- Ensure compliance with company policies and accounting procedures.
- Maintain proper documentation for all financial transactions.

3. ERP / Accounting Software

- Strong working knowledge of ERP / Accounting Software.
- Experience in Zoho Books / Zoho Finance will be an added advantage.
- Ability to maintain accurate accounting masters, ledgers, tax configurations and financial reports.
- Experience in ERP implementation, process improvement and automation will be preferred.

4. Candidate Profile

Educational Qualification:





- B.Com / M.Com / MBA Finance / CA Inter or equivalent.
- CA-qualified candidates may also be considered depending on experience and role expectations.

Experience:

- 8–12 years of relevant experience in Finance & Accounts.
- Mandatory experience in a Mechanical / Engineering / Manufacturing company.
- Candidate should have hands-on experience in manufacturing accounting, inventory accounting, material costing, WIP, production-related accounting and finalisation of accounts.
- Must have independently handled Balance Sheet finalisation and statutory audit.
- Experience in GST, TDS, Income Tax and other statutory compliances is essential.
- Experience in ERP-based accounting systems is preferred.
- Experience with Zoho Books / Zoho Finance will be an added advantage.

5. Required Technical Skills

The candidate should have strong practical knowledge of:

- General Accounting
- Finalisation of Accounts
- Balance Sheet Preparation
- Profit & Loss Account
- Cash Flow
- GST
- TDS
- Income Tax
- Statutory Audit
- Financial Reporting
- Bank Reconciliation
- Receivables & Payables
- Working Capital Management
- MIS Reporting
- Internal Controls
- ERP / Accounting Software
- Microsoft Excel

6. Key Performance Indicators (KPIs)

- Timely monthly and annual closing of accounts
- Timely finalisation of Balance Sheet
- Timely completion of statutory audit
- Accuracy of financial statements
- Zero/minimum statutory compliance delays
- GST/TDS/Income Tax compliance accuracy
- Timely reconciliation of customer, vendor and bank accounts
- Accuracy and timeliness of MIS reports
- Effective control over receivables and payables
- Timely resolution of audit and taxation queries

7. Preferred Candidate

The ideal candidate should be someone who can independently take ownership of the entire Finance & Accounts function, rather than only performing routine accounting entries.

The candidate must be capable of taking the books from day-to-day accounting → monthly closing → taxation & compliance → audit coordination → audit adjustments → finalisation of Balance Sheet and Financial Statements with minimum supervision.

Manufacturing-specific responsibilities

- Accounting and reconciliation of Raw Materials, Consumables, Finished Goods and WIP.
- Coordination with Production/Stores/Purchase teams for inventory valuation and reconciliation.
- Understanding of Bill of Materials (BOM), material consumption and production costing.
- Monitoring of manufacturing overheads and product/job costing.
- Periodic physical stock verification and reconciliation with books.
- Analysis of material variance, production cost and gross margins.
- Proper accounting of scrap, wastage and production-related expenses.
- Support management in product-wise/project-wise profitability analysis.

Salary: As per experience, qualification and suitability for the role.

Joining: Immediate / Short Notice Preferred

Job Types: Full time, Permanent

Pay: ₹40,000.00 - ₹48,000.00 per month

Work Location: In person

📌 Accounts Manager (India)
🏢 Airtech innovations
📍 India