Assistant Account Manager (Mumbai)

Assistant Account Manager (Mumbai)

19 Aug
|
Phoenix Mills
|
Mumbai

19 Aug

Phoenix Mills

Mumbai

We are looking for Sanika for a AM accounts role,. JD is as below. Position Assistant Manager Accounts Experience 5–8 Years Qualification

- Chartered Accountant (Inter) / CMA (Inter) / M.Com / B.Com
- Relevant experience in corporate accounting and financial reporting.

Job Summary We are looking for an experienced accounting skilled to support the month-end and year-end financial close process, maintain accurate accounting records, ensure compliance with accounting standards, and assist in statutory reporting. The candidate should have sound knowledge of SAP S/4HANA, Ind AS, and corporate accounting practices. Key Responsibilities

1. Month-End Financial Closure

- Execute monthly, quarterly, and annual book closure activities within defined timelines.
- Account for prepaid expenses, expense provisions, and accruals.
- Calculate and record accrued interest on Mutual Fund investments and Fixed Deposits.
- Prepare journal entries with proper supporting documentation and reconciliations.

1. Vendor & Liability Management

- Perform creditors' reclassification in compliance with MSME requirements.
- Reconcile vendor advances and ensure appropriate accounting treatment.
- Classify expenditure between Capital Expenditure (Capex) and Operating Expenditure (Opex).
- Prepare MSME ageing reports and calculate interest payable under the MSMED Act, wherever applicable.

1. Fixed Assets Accounting

- Maintain the Fixed Asset Register (FAR).
- Capitalize fixed assets and process additions, disposals, and transfers.




- Post monthly depreciation entries and reconcile fixed asset balances with the General Ledger.

1. Financial Reporting & Compliance

- Assist the Reporting Manager in preparation of:
- Expected Credit Loss (ECL) workings.
- Ind AS 109 financial instrument workings.
- Tax Audit schedules.
- Income Tax Return (ITR) schedules.

- Support preparation of financial statements and audit schedules.
- Coordinate with statutory and internal auditors during audit assignments.

1. SAP S/4HANA

- Perform accounting transactions using SAP S/4HANA.
- Prepare and review General Ledger reconciliations.
- Ensure accuracy of master data and accounting entries.
- Generate MIS and financial reports from SAP.

Desired Skills

- Strong working knowledge of SAP S/4HANA.
- Good understanding of Indian Accounting Standards (Ind AS), particularly Ind AS 109.
- Knowledge of MSME Act provisions relating to vendor disclosures and interest computation.
- Experience in fixed asset accounting and month-end close activities.
- Proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, IFERROR, INDEX-MATCH and data analysis).
- Strong analytical, reconciliation, and problem-solving skills.
- Ability to work independently and meet strict reporting deadlines.

Preferred Industry

- Real Estate
- Construction
- Manufacturing
- Infrastructure
- Corporate Finance Shared Services she mentioned she is with polycab her current ctc is 3.72. doing mba . she is not having experince in sAP but has learnt SAP. she does invoice proessing , MIS making help etc. write an email with a short analysis

📌 Assistant Account Manager (Mumbai)
🏢 Phoenix Mills
📍 Mumbai

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