1. Accounting & Financial Close▪ Manage day-to-day accounting across all Branches and the Head Office, ensuring accurate and timely recording of all transactions.

▪ Ensure inter-branch / HO–branch accounts are reconciled and eliminated at every close.

▪ Finalise the Trial Balance, Statement of Profit & Loss and Balance Sheet within the agreed monthly, quarterly and annual timelines.

▪ Ensure periodic reconciliations are completed and reviewed – bank, vendor, customer, GST (books vs GSTR-2B / GSTR-1), TDS (books vs Form 26AS / AIS) and online platform / marketplace settlements.

2. Statutory Compliance & Taxation▪ Ensure accurate and timely filing of all statutory returns – GST, TDS/TCS, Income Tax, Professional Tax, PF and ESIC – within due dates.

▪ Attend to notices, scrutiny and assessments under GST, Income Tax, Qualified Tax, PF and ESIC, as well as legacy VAT/CST (Sales Tax) assessments, including preparation of replies and coordination with consultants.

▪ Ensure timely payment to Micro and Small Enterprise vendors within the time limits under Section 15 of the MSMED Act, 2006, to avoid disallowance under the Income-tax Act.

▪ Coordinate with the Company Secretary / consultants for ROC / MCA related financial compliances.

▪ Track and implement new and amended provisions of various tax laws in the books and processes.

3. Audits▪ Liaise with Statutory, Tax, Internal and GST Auditors and ensure all audits are completed within timelines.

▪ Prepare audit schedules and supporting documentation, and ensure timely closure of audit observations.

4. Banking, Treasury & Fund Raising▪ Handle documentation and liaisoning related to fund raising and obtaining credit facilities from Banks / Financial Institutions.

▪ Comply with monthly / quarterly requirements of Banks / Financial Institutions – stock & book-debt statements, QIS / MSOD returns, covenant compliance and renewal documentation.

▪ Take initiatives to reduce the cost of funds through renegotiation, restructuring of facilities and efficient utilisation of limits.

5. Budgeting & Cost Control▪ Prepare the Annual Budget across all departments in consultation with Heads of Departments and Management.

▪ Monitor budget vs actual figures month on month and report variances with reasons and corrective action.

▪ Ensure expense budgets remain within approved limits.

6. Working Capital Management▪ Monitor Accounts Receivable, Accounts Payable and Inventory days on a monthly basis.

▪ Take initiatives to:

– DSO: reduce Days Sales Outstanding through credit control and follow-up of overdue receivables;

– DIO: reduce Days Inventory Outstanding in coordination with purchase and operations;

– DPO: optimise Days Payable Outstanding by negotiating credit terms, while ensuring MSME payment timelines are strictly met.

7.



MIS & Management Reporting▪ Submit timely and error-free MIS reports to Management as per the agreed calendar.

▪ Provide analysis and insights on profitability, cash flow, working capital and budget variances.

8. Internal Controls, Systems & Documentation▪ Ensure all systems, processes and approval matrices are followed.

▪ Set controls to verify the authenticity of expenses and Accounts Payable – vendor payments, purchases, vendor master changes, etc.

▪ Ensure all hard copies are systematically filed and maintained, with a corresponding digital record.

▪ Ensure security and back-up of all data relating to the Accounts Department, including user access controls in the accounting system.

9. Business PartneringSupport other departments on:

▪ Cost Control

▪ Pricing Decisions

▪ Margin Improvement

10. Process Automation▪ Take initiatives to automate repetitive accounting and related processes to improve efficiency and quality of data.

11. Team Leadership & Training▪ Lead, supervise and review the work of the HO and Branch accounts team.

▪ Train the team on:

– Closure of books of accounts;

– Various reconciliations, including reconciliation of online platforms;

– New provisions of various taxes.1. Accounting & Financial Close▪ Manage day-to-day accounting across all Branches and the Head Office, ensuring accurate and timely recording of all transactions.

▪ Ensure inter-branch / HO–branch accounts are reconciled and eliminated at every close.

▪ Finalise the Trial Balance, Statement of Profit & Loss and Balance Sheet within the agreed monthly, quarterly and annual timelines.

▪ Ensure periodic reconciliations are completed and reviewed – bank, vendor, customer, GST (books vs GSTR-2B / GSTR-1), TDS (books vs Form 26AS / AIS) and online platform / marketplace settlements.

2. Statutory Compliance & Taxation▪ Ensure accurate and timely filing of all statutory returns – GST, TDS/TCS, Income Tax, Professional Tax, PF and ESIC – within due dates.

▪ Attend to notices, scrutiny and assessments under GST, Income Tax, Professional Tax, PF and ESIC, as well as legacy VAT/CST (Sales Tax) assessments, including preparation of replies and coordination with consultants.

▪ Ensure timely payment to Micro and Small Enterprise vendors within the time limits under Section 15 of the MSMED Act, 2006, to avoid disallowance under the Income-tax Act.

▪ Coordinate with the Company Secretary / consultants for ROC / MCA related financial compliances.





▪ Track and implement new and amended provisions of various tax laws in the books and processes.

3. Audits▪ Liaise with Statutory, Tax, Internal and GST Auditors and ensure all audits are completed within timelines.

▪ Prepare audit schedules and supporting documentation, and ensure timely closure of audit observations.

4. Banking, Treasury & Fund Raising▪ Handle documentation and liaisoning related to fund raising and obtaining credit facilities from Banks / Financial Institutions.

▪ Comply with monthly / quarterly requirements of Banks / Financial Institutions – stock & book-debt statements, QIS / MSOD returns, covenant compliance and renewal documentation.

▪ Take initiatives to reduce the cost of funds through renegotiation, restructuring of facilities and efficient utilisation of limits.

5. Budgeting & Cost Control▪ Prepare the Annual Budget across all departments in consultation with Heads of Departments and Management.

▪ Monitor budget vs actual figures month on month and report variances with reasons and corrective action.

▪ Ensure expense budgets remain within approved limits.

6. Working Capital Management▪ Monitor Accounts Receivable, Accounts Payable and Inventory days on a monthly basis.

▪ Take initiatives to:

– DSO: reduce Days Sales Outstanding through credit control and follow-up of overdue receivables;

– DIO: reduce Days Inventory Outstanding in coordination with purchase and operations;

– DPO: optimise Days Payable Outstanding by negotiating credit terms, while ensuring MSME payment timelines are strictly met.

7. MIS & Management Reporting▪ Submit timely and error-free MIS reports to Management as per the agreed calendar.

▪ Provide analysis and insights on profitability, cash flow, working capital and budget variances.

8. Internal Controls, Systems & Documentation▪ Ensure all systems, processes and approval matrices are followed.

▪ Set controls to verify the authenticity of expenses and Accounts Payable – vendor payments, purchases, vendor master changes, etc.

▪ Ensure all hard copies are systematically filed and maintained, with a corresponding digital record.

▪ Ensure security and back-up of all data relating to the Accounts Department, including user access controls in the accounting system.

9. Business PartneringSupport other departments on:

▪ Cost Control

▪ Pricing Decisions

▪ Margin Improvement

10. Process Automation▪ Take initiatives to automate repetitive accounting and related processes to improve efficiency and quality of data.

11. Team Leadership & Training▪ Lead, supervise and review the work of the HO and Branch accounts team.

▪ Train the team on:

– Closure of books of accounts;

– Various reconciliations, including reconciliation of online platforms;

– New provisions of various taxes.

📌 Head of Accounts (Mumbai)
🏢 Total Sports And Fitness
📍 Mumbai