JOB DESCRIPTION Accounts Head – Finance & Accounts
Company: The Aryans Group
Location: Kolkata
Industry: Event Management | Corporate Events | Exhibitions | Promotions | Signage & Fabrication | Digital Marketing
Experience: 5–10 Years
Employment Type: Full-Time
Reporting To: Director / Management
About The Aryans Group
The Aryans Group is an established corporate event management company with 20 years of experience, delivering events, exhibitions, promotions, fabrication and related services across India.
We are looking for an experienced and responsible Accounts Head to independently manage the company's finance and accounts function and strengthen financial controls, reporting, collections and project profitability.
Key Responsibilities :-
1. Accounting & Finance
- Manage day-to-day accounting operations.
- Supervise 2 accounts executives and ensure timely entries and reconciliations.
- Maintain accurate books of accounts.
- Handle bank reconciliation, ledger scrutiny and month-end closing.
- Monitor cash flow and working capital requirements.
- Prepare monthly financial reports for management.
2. Project / Event Accounting
- Maintain project-wise costing and profitability.
- Monitor approved budgets versus actual expenses.
- Track advances received from clients and payments made to vendors.
- Ensure proper documentation and accounting of event expenses.
- Identify cost overruns and immediately report them to management.
- Prepare project-wise P&L; statements.
3. Receivables & Collections
- Monitor client outstanding payments.
- Prepare and maintain an ageing report.
- Coordinate with the business development and project teams for collections.
- Follow up on overdue invoices.
- Maintain a weekly collection forecast.
- Escalate significantly delayed payments to management.
4. Vendor & Payables Management
- Verify vendor bills, purchase bills and supporting documents.
- Maintain vendor ledgers and reconciliations.
- Plan vendor payments according to cash flow.
- Ensure proper approval before releasing payments.
- Monitor vendor advances and settlements.
5. GST, TDS & Statutory Compliance
- Ensure timely GST returns and reconciliations.
- Manage TDS calculations, payments and returns.
- Coordinate with the company's CA and tax consultants.
- Ensure statutory compliance within prescribed timelines.
- Maintain proper documentation for audits and assessments.
6. MIS & Management Reporting
The Accounts Head will be responsible for providing management with a monthly financial dashboard, including:
- Revenue
- Gross profit
- Net profit
- Project-wise profitability
- Client outstanding
- Vendor outstanding
- Cash & bank position
- GST/TDS liabilities
- Upcoming payments
- Collection forecast
- Budget vs actual expenses
7. Internal Financial Controls
- Establish proper approval systems for expenses and payments.
- Ensure that no major expenditure is incurred without proper authorization.
- Strengthen documentation and financial controls.
- Identify financial leakages and unnecessary expenses.
- Conduct periodic reconciliation of major accounts.
Required Skills
- Strong knowledge of Tally / accounting software and MS Excel.
- Excellent understanding of GST and TDS.
- Strong knowledge of accounting principles.
- Experience in MIS and financial reporting.
- Strong analytical and numerical skills.
- Excellent knowledge of receivables and payables management.
- Ability to manage a small accounts team.
- Good communication and coordination skills.
- Robust attention to detail.
- Ability to work under pressure and meet deadlines.
Preferred Candidate
Preference will be given to candidates who have experience in:
We are not looking for someone whose role is limited to bookkeeping, Tally entries and GST filing.
The ideal candidate should have the ability to understand the financial health of the business, control project costs, improve collections, manage cash flow and provide management with clear financial information for decision-making.
Key Performance Indicators (KPIs)
The Accounts Head will be evaluated on:
- Timely monthly closing of accounts.
- Accuracy of MIS reports.
- Reduction in overdue receivables.
- Timely GST/TDS compliance.
- Project-wise profitability reporting.
- Control over unnecessary expenditure.
- Vendor reconciliation accuracy.
- Cash-flow planning.
- Timely submission of management reports.
- Overall improvement in financial controls.
Education
Preferred:
- B.Com / M.Com
- CA Inter / CMA Inter will be an advantage
- Relevant professional accounting qualifications will be preferred.