Senior Account Manager

Role Purpose

The Accounts Manager is responsible for managing the company’s day-to-day accounting operations, ensuring accurate books of accounts, timely payments and collections, proper cash management, statutory compliance, and reliable financial reporting to management.

Key Responsibilities

1. Daily Accounting Operations

- Supervise day-to-day accounting entries and ensure transactions are recorded accurately.
- Review purchase, sales, expense, receipt and payment entries.
- Monitor bank transactions, cash transactions and petty cash.
- Ensure proper documentation and supporting bills for every transaction.
- Review and reconcile outstanding advances, employee expenses and vendor balances.

- Bank & Cash Management

- Perform regular bank reconciliations.
- Monitor cash balances and cash requirements.
- Maintain control over petty cash and company floats.
- Identify unusual transactions, excess cash withdrawals or unexplained variances.
- Ensure cash is deposited and accounted for on time.

- Accounts Payable & Receivable

- Monitor vendor outstanding payments and payment schedules.
- Track customer/party receivables and overdue amounts.
- Follow up with relevant departments for pending collections.
- Verify invoices before processing payments.
- Maintain accurate ageing reports for payables and receivables.

- Payroll & Employee Accounts

- Coordinate monthly payroll processing.
- Verify attendance, salary changes, deductions, advances and reimbursements.
- Maintain records of employee loans and advances.
- Ensure salary-related accounting entries are accurate and timely.

- Statutory Compliance

- Coordinate timely GST, TDS and other applicable statutory filings.
- Ensure tax deductions and payments are properly recorded.




- Coordinate with auditors, consultants and statutory authorities when required.
- Maintain proper documentation for statutory compliance and audits.

- Month-End Closing & Reporting

- Complete monthly closing of accounts within the defined timeline.
- Prepare monthly P&L;, balance sheet and cash-flow information.
- Prepare receivable/payable ageing reports.
- Identify unusual expenses, variances and accounting discrepancies.
- Provide management with accurate financial information for decision-making.

- Internal Controls

- Establish and enforce proper approval procedures for expenses and payments.
- Ensure segregation of duties wherever possible.
- Regularly review accounting processes for leakages, errors and misuse.
- Investigate discrepancies and report significant issues to management.
- Maintain proper audit trails for financial transactions.

- Team Management

- Supervise accountants and accounts assistants.
- Allocate daily and monthly accounting tasks.
- Review the team's work for accuracy and completeness.
- Train team members on accounting procedures and company SOPs.
- Ensure deadlines are met without requiring constant management intervention.

Key Monthly Deliverables

- Bank reconciliation completed.
- Petty cash reconciled.
- Vendor payable ageing.
- Customer receivable ageing.
- Employee advance/loan report.
- GST/TDS compliance status.
- Monthly P&L; and financial reports.




- Budget vs actual expense analysis.
- Outstanding payment and collection report.
- List of unresolved accounting discrepancies.

KPIs - Expected Standard

Accounting accuracy - Minimal errors and corrections

Bank reconciliation - Completed within defined monthly deadline

Petty cash reconciliation - 100% reconciliation

Vendor payments - No unauthorised/duplicate payments

Receivables - Active follow-up on overdue amounts

Statutory compliance - 100% timely compliance

Month-end closing - Completed within agreed timeline

Financial reporting - Accurate and timely

Audit issues - Minimal avoidable audit observations

Internal controls - No unexplained financial discrepancies

Authority & Accountability

The Accounts Manager is accountable for the accuracy, timeliness and control of the company's accounting operations . Any suspected financial irregularity, unexplained variance, fraud, duplicate payment or major compliance risk must be escalated to management immediately.

- Bachelor's degree in Commerce, Accounting, Finance or related field.
- 4-8 years of relevant accounting experience.
- Strong knowledge of accounting principles and statutory compliance.
- Experience with Tally/ERP/accounting software and Excel/Google Sheets.
- Robust reconciliation and analytical skills.
- Ability to manage an accounts team and enforce financial controls.
- High level of integrity and attention to detail.

Reporting

Reports To : Management / Finance Head Supervises : Accountants, Accounts Executives and Accounts Assistants Department : Finance & Accounts

Pay: ₹30,000.00 - ₹45,000.00 per month

Experience :

- Accounting: 6 years (required)

Work Location: In person

📌 Senior Account Manager (Mylapore)
🏢 Vox Group, a multi-faceted Group of Companies
📍 Mylapore