If you are hiring an Accounts Manager, these can be the main roles and responsibilities:

Accounts Manager Roles & Responsibilities

1. Accounting & Financial Management

- Manage day-to-day accounting operations and ensure accurate financial records.
- Supervise accounts payable, accounts receivable, general ledger, and cash/bank transactions.
- Review and approve accounting entries and supporting documents.
- Maintain proper documentation for all financial transactions.

1. Financial Reporting

- Prepare monthly, quarterly, and annual financial reports.
- Prepare profit & loss statements, balance sheets, cash-flow statements, and management reports.
- Provide financial analysis and recommendations to management.
- Monitor actual expenses against budgets.

1. Cash & Bank Management

- Monitor daily cash and bank balances.
- Manage bank reconciliations and investigate discrepancies.
- Monitor payments, receipts, PDCs, and outstanding balances.
- Coordinate with management for payment approvals.

1. Accounts Payable & Receivable

- Monitor supplier invoices and payment schedules.
- Follow up on customer outstanding payments.
- Maintain accurate ageing reports for receivables and payables.
- Ensure payments are made according to approved terms.

1. Tax & Compliance

- Ensure timely preparation and submission of VAT/GST and other applicable tax returns.
- Maintain proper records for tax and statutory requirements.
- Coordinate with auditors, tax consultants, and government authorities when required.
- Ensure compliance with applicable accounting standards and company policies.

1. Payroll & Employee-Related Accounts





- Coordinate with HR for monthly payroll processing.
- Verify salaries, deductions, advances, loans, and other employee payments.
- Ensure payroll-related statutory payments are processed on time.

1. Budget & Cost Control

- Prepare and monitor annual budgets.
- Track project and operational expenses.
- Identify unnecessary costs and recommend cost-control measures.
- Provide management with regular budget-versus-actual reports.

1. Audit

- Coordinate internal and external audits.
- Prepare schedules, supporting documents, and reconciliations required by auditors.
- Ensure audit observations are properly addressed and closed.

1. Team Management

- Supervise and guide the accounts team.
- Allocate responsibilities and monitor staff performance.
- Review the team's work for accuracy and compliance.
- Train staff on accounting procedures and company policies.

1. Management Responsibilities

- Provide accurate financial information to senior management for decision-making.
- Establish and improve financial controls and accounting procedures.
- Identify financial risks and report them to management.
- Maintain confidentiality of all company financial information.

Key Performance Areas (KPIs)
- Accuracy of accounting records
- Timely monthly closing and financial reporting
- Timely VAT/GST and statutory compliance
- Reduction of outstanding receivables
- Effective cash-flow management
- Budget and cost control
- Audit compliance and timely closure of observations
- Accuracy and timely completion of payroll
- Proper documentation and internal financial controls

📌 Account Manager (Chennai)
🏢 OM Sharavanabhavaa Dairy Farms
📍 Chennai