Job Description – Account Manager / Key Account ManagerKey ResponsibilitiesKey Responsibilities1. Daily Accounting Activities

- Supervise and review day-to-day accounting transactions and ensure accurate posting in the accounting system.
- Review purchase, sales, receipt, payment, journal, debit note and credit note entries.
- Verify supporting documents and ensure proper accounting classification and approvals.
- Monitor accounts receivable and accounts payable.
- Review customer and supplier outstanding balances and follow up for timely settlement.
- Perform daily bank and cash transaction monitoring.
- Review accounting ledgers and identify unusual or incorrect entries.
- Ensure proper documentation and filing of accounting records.
- Coordinate with internal departments for resolution of accounting-related issues.

2. Monthly Accounting Activities

- Lead the monthly closing of books of accounts within the defined timeline.
- Review all major ledger accounts and ensure proper accounting provisions and accruals.
- Prepare and review monthly trial balance, profit & loss account and balance sheet schedules.
- Review accounts receivable and payable ageing reports.
- Perform and review monthly bank reconciliation statements.
- Review inter-company and related-party transactions and reconciliations.
- Review fixed asset additions, disposals and depreciation.
- Verify salary, statutory liabilities and other month-end accounting provisions.
- Prepare monthly financial and management reports for management review.
- Coordinate with auditors, consultants and internal teams for monthly financial requirements.

3. Yearly Accounting & Closing Activities

- Manage the year-end closing of books of accounts.
- Ensure all income, expenses, provisions, accruals and liabilities are properly accounted for.
- Prepare year-end schedules and supporting documents for statutory audit.
- Coordinate with statutory auditors and provide required information, explanations and supporting documents.
- Review final Trial Balance, Profit & Loss Account and Balance Sheet.
- Ensure proper reconciliation of all major balance sheet accounts.
- Review fixed assets, depreciation, provisions, advances, receivables, payables and statutory balances.
- Assist in preparation and finalization of annual financial statements.
- Support management in annual budgeting, forecasting and financial analysis.

4. Taxation – TDS

- Have good working knowledge of TDS (Tax Deducted at Source) and its applicability to various business transactions.
- Ensure TDS is deducted correctly as per applicable sections and rates.
- Review TDS calculations on vendor, professional, contractual, rent, commission and other applicable payments.
- Monitor timely deposit of TDS within statutory due dates.
- Ensure timely preparation and filing of TDS returns.
- Review and reconcile TDS payable balances with books of accounts and government records.
- Ensure timely issuance and availability of TDS certificates.
- Verify customer TDS deductions and coordinate for obtaining TDS certificates where required.
- Reconcile customer TDS claims with Form 26AS/AIS and books of accounts,



wherever applicable.
- Resolve TDS mismatches and coordinate with customers, vendors and tax consultants.
- Monitor changes in TDS provisions, rates and applicable sections.

5. GST & Other Tax Compliance

- Handle and review basic GST and other tax-related matters applicable to business transactions.
- Review GST-related accounting entries and ensure proper documentation.
- Coordinate with the Finance/Accounts team for GST reconciliation and statutory requirements.
- Review input tax credit, output GST and applicable tax liabilities.
- Ensure proper reconciliation between books of accounts and GST records.
- Monitor tax-related changes and ensure that billing and accounting activities comply with applicable laws.
- Coordinate with external tax consultants for GST, income tax and other statutory matters, wherever required.
- Ensure timely completion of tax-related reconciliations, returns and statutory requirements.

6. Bank Transaction & Banking Activities

- Manage and supervise day-to-day banking transactions.
- Review and authorize, as per company approval procedures, bank payments, fund transfers and other banking transactions.
- Monitor bank balances and ensure adequate funds are available for business requirements.
- Prepare and review payment instructions and supporting documents.
- Handle bank reconciliation on a regular basis.
- Coordinate with banks regarding account-related matters, payment issues, documentation and confirmations.
- Monitor bank charges, interest, loans, overdrafts and other banking-related transactions.
- Maintain proper records of bank guarantees, letters of credit and other banking facilities, where applicable.
- Ensure proper accounting and reconciliation of all bank transactions.

7. Balance Sheet & Financial Statements

- Have strong knowledge of Balance Sheet preparation, review and analysis.
- Prepare and review balance sheet schedules and supporting reconciliations.
- Ensure proper accounting and reconciliation of:
- Fixed Assets
- Inventory
- Trade Receivables
- Trade Payables
- Advances
- Loans and Bank Borrowings
- Statutory Liabilities
- Provisions and Accruals
- Prepaid Expenses
- Inter-company Balances
- Other Current and Non-current Assets/Liabilities
- Identify and resolve discrepancies in balance sheet accounts.
- Ensure all balance sheet accounts are supported by proper documentation and reconciliations.
- Analyze major changes and movements in balance sheet accounts and report significant variances to management.
- Assist in preparation and finalization of financial statements.

8. Accounts Receivable & Payable

- Monitor customer outstanding and collection status.
- Review customer ledger balances and resolve account discrepancies.




- Coordinate with the Sales/Commercial team regarding customer payments and deductions.
- Monitor vendor outstanding and ensure payments are processed as per approved terms.
- Review supplier reconciliations and resolve differences.
- Monitor credit notes, debit notes and customer/vendor adjustments.

9. Audit & Compliance

- Coordinate with statutory auditors, internal auditors and tax consultants.
- Provide required schedules, ledgers, reconciliations and supporting documents during audits.
- Ensure compliance with applicable accounting standards, tax laws and statutory requirements.
- Maintain proper documentation for audit and compliance purposes.
- Follow up on audit observations and ensure timely corrective actions.
- Maintain confidentiality and security of financial information.

10. MIS & Management Reporting

- Prepare and review monthly financial MIS reports.
- Provide management with financial information, analysis and explanations for significant variances.
- Prepare reports relating to sales, expenses, receivables, payables, cash flow and profitability.
- Support management in budgeting, forecasting and financial planning.
- Provide accurate financial data for management decision-making.

11. Team Management

- Supervise and guide the Accounts team in daily accounting activities.
- Allocate responsibilities and monitor completion of assigned tasks.
- Review the work performed by Accounts Executives and other team members.
- Train team members on accounting procedures, taxation and compliance requirements.
- Ensure accounting activities are completed accurately and within timelines.
- Develop proper internal controls and accounting procedures.

Required Knowledge & Skills

- Strong knowledge of accounting principles and financial accounting.
- Strong knowledge of Balance Sheet, Profit & Loss Account and Trial Balance.
- Good knowledge of TDS, GST and other applicable taxation matters.
- Good knowledge of bank transactions and bank reconciliation.
- Knowledge of statutory compliance and audit requirements.
- Strong analytical and reconciliation skills.
- Good knowledge of ERP/accounting software and MS Excel.
- Ability to manage monthly and yearly closing activities.
- Good communication and coordination skills.
- Ability to independently handle accounting and taxation matters.

Key Competencies

- Accuracy and attention to detail
- Financial analysis and problem-solving
- Strong reconciliation skills
- Tax and statutory compliance awareness
- Leadership and team management
- Time management
- Confidentiality and integrity
- Solid coordination with internal and external stakeholders

Educational Qualification & Experience

- Qualification: B.Com / M.Com / CA Inter / MBA Finance or equivalent qualification.
- Experience: 7–12 years of relevant experience in Accounts & Finance, preferably in a manufacturing or corporate setting.
- Experience in handling monthly/yearly closing, taxation, banking, audits and balance sheet preparation will be preferred.

Job Type: Full-time

Pay: From ₹50,000.00 per month

Benefits:

- Health insurance
- Provident Fund

Work Location: In person

📌 Sr. Account Manager (Khopoli)
🏢 Hjort Knudsen
📍 Khopoli