Job Description
About the company:Indigo Group is a Mumbai-headquartered, diversified business conglomerate with a strong presence across Technology, Infrastructure, and Food Processing sectors. Under the visionary leadership of Chairman Mr. Vinit Kumar, Indigo Group has created significant value for its partners and associates over a span of more than two and a half decades.
Job Overview:We are seeking a detail-oriented and experienced Senior Accountant to manage the financial health of our company. The ideal candidate will be well-versed in Indian accounting standards, GST, TDS, and statutory compliances. This role demands a proactive individual with hands-on experience in managing financial operations, reporting, and regulatory compliance for Indian businesses. The Senior Accountant will play a pivotal role in ensuring accurate financial reporting and maintaining strong internal control systems.
Key Responsibilities: 1. Financial Reporting & MIS Preparation
Prepare accurate financial statements, including balance sheets, profit & loss accounts, and cash flow reports.
Ensure timely preparation and submission of monthly, quarterly, and annual MIS reports for management.
Provide detailed financial analysis and insights to support business decisions and planning.
2. General Ledger & Finalization of Accounts
Manage the general ledger, ensuring the accuracy of all journal entries and ledger balances.
Finalize accounts at month-end and year-end, ensuring all necessary provisions and adjustments are accounted for.
Handle all reconciliations, including bank reconciliations, accounts payable, and receivables reconciliations.
3. Taxation & Statutory Compliance
Manage the filing of all statutory taxes such as GST, TDS, and Income Tax in compliance with Indian tax laws.
Coordinate with external auditors during tax audits, internal audits, and statutory audits.
Ensure timely preparation and filing of all regulatory returns to avoid penalties or non-compliance.
4. Accounts Payable & Receivable Management
Oversee accounts payable and receivable cycles, ensuring timely vendor payments and collection of dues.
Regularly review and analyze the age of payables and receivables to maintain an optimal working capital cycle.
Liaise with clients and suppliers to resolve any payment disputes or discrepancies.
5. Budgeting & Variance Analysis
Assist in the preparation of company budgets and financial forecasts.
Analyze variances between actual and budgeted figures, providing actionable insights to senior management.
Work with department heads to track expenses and control costs in alignment with budgets.
6. Internal Controls & Financial Policies
Establish and enforce strong internal control systems to prevent fraud and ensure financial accuracy.
Ensure adherence to the company’s financial policies and procedures.
Review the work of junior accountants to ensure compliance with accounting standards.
7. Team Management & Development
Lead and mentor a team of junior accountants, providing training and professional development opportunities.
Review and supervise the work of junior accountants, ensuring accuracy and adherence to timelines.
Foster a collaborative work environment that encourages knowledge-sharing and problem-solving.
Qualification Skills:
5-10 years of relevant experience.
Expertise in Indian accounting standards, taxation laws, and statutory compliances.
Proficiency in Tally ERP and other Indian accounting software.
Strong command over Microsoft Excel for financial analysis, data management, and modeling.
Thorough knowledge of GST, TDS, and income tax regulations applicable in India.
Strong analytical and communication skills, with the ability to manage multiple stakeholders.
Ability to work under pressure, meet deadlines, and manage multiple priorities.
Good to Have:
Active on social media.
Knowledge of emerging technologies such as AI tools like ChatGPT and design platforms like Canva.
Job Overview:We are seeking a detail-oriented and experienced Senior Accountant to manage the financial health of our company. The ideal candidate will be well-versed in Indian accounting standards, GST, TDS, and statutory compliances. This role demands a proactive individual with hands-on experience in managing financial operations, reporting, and regulatory compliance for Indian businesses. The Senior Accountant will play a pivotal role in ensuring accurate financial reporting and maintaining strong internal control systems.
Key Responsibilities: 1. Financial Reporting & MIS Preparation
Prepare accurate financial statements, including balance sheets, profit & loss accounts, and cash flow reports.
Ensure timely preparation and submission of monthly, quarterly, and annual MIS reports for management.
Provide detailed financial analysis and insights to support business decisions and planning.
2. General Ledger & Finalization of Accounts
Manage the general ledger, ensuring the accuracy of all journal entries and ledger balances.
Finalize accounts at month-end and year-end, ensuring all necessary provisions and adjustments are accounted for.
Handle all reconciliations, including bank reconciliations, accounts payable, and receivables reconciliations.
3. Taxation & Statutory Compliance
Manage the filing of all statutory taxes such as GST, TDS, and Income Tax in compliance with Indian tax laws.
Coordinate with external auditors during tax audits, internal audits, and statutory audits.
Ensure timely preparation and filing of all regulatory returns to avoid penalties or non-compliance.
4. Accounts Payable & Receivable Management
Oversee accounts payable and receivable cycles, ensuring timely vendor payments and collection of dues.
Regularly review and analyze the age of payables and receivables to maintain an optimal working capital cycle.
Liaise with clients and suppliers to resolve any payment disputes or discrepancies.
5. Budgeting & Variance Analysis
Assist in the preparation of company budgets and financial forecasts.
Analyze variances between actual and budgeted figures, providing actionable insights to senior management.
Work with department heads to track expenses and control costs in alignment with budgets.
6. Internal Controls & Financial Policies
Establish and enforce strong internal control systems to prevent fraud and ensure financial accuracy.
Ensure adherence to the company’s financial policies and procedures.
Review the work of junior accountants to ensure compliance with accounting standards.
7. Team Management & Development
Lead and mentor a team of junior accountants, providing training and professional development opportunities.
Review and supervise the work of junior accountants, ensuring accuracy and adherence to timelines.
Foster a collaborative work environment that encourages knowledge-sharing and problem-solving.
Qualification Skills:
5-10 years of relevant experience.
Expertise in Indian accounting standards, taxation laws, and statutory compliances.
Proficiency in Tally ERP and other Indian accounting software.
Strong command over Microsoft Excel for financial analysis, data management, and modeling.
Thorough knowledge of GST, TDS, and income tax regulations applicable in India.
Strong analytical and communication skills, with the ability to manage multiple stakeholders.
Ability to work under pressure, meet deadlines, and manage multiple priorities.
Good to Have:
Active on social media.
Knowledge of emerging technologies such as AI tools like ChatGPT and design platforms like Canva.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
