We are seeking an experienced and detail-oriented Assistant Manager to oversee the financial operations . The Accounts Manager will be responsible for maintaining accurate financial records, handling day-to-day accounting tasks, and ensuring compliance with financial regulations. The ideal candidate will have a strong understanding of financial principles, excellent organizational skills, and a proactive approach to financial management.
Key Responsibilities:
Financial Management:
Oversee daily financial operations including bookkeeping, accounts payable, and accounts receivable.
Prepare and review financial statements (Profit & Loss, Balance Sheet, Cash Flow) on a monthly, quarterly, and annual basis.
Ensure the accurate recording of all financial transactions.
Budgeting & Forecasting:
Develop and manage the annual budget.
Monitor spending and recommend adjustments to stay within budget.
Prepare financial forecasts to assist in decision-making and business growth.
Inventory and Cost Management:
Track inventory levels and ensure proper cost management and cost-of-goods-sold (COGS) reporting.
Assist in evaluating suppliers and negotiating pricing and payment terms.
Monitor and control stock turnover rates, shrinkage, and wastage.
Compliance & Reporting:
Ensure compliance with all financial regulations, including taxes, VAT, and other relevant local or state requirements.
Prepare and file tax returns, ensuring the grocery shop remains in good standing with tax authorities.
Liaise with auditors to conduct annual audits and ensure the integrity of financial records.
Financial Analysis & Strategic Planning:
Analyse financial data and provide actionable insights to senior management for business improvement.
Recommend cost-saving measures, pricing strategies, and financial policies to improve profitability.
Develop and implement internal controls to safeguard financial assets.
Cash Flow Management:
Oversee the management of cash flow, ensuring the sufficient liquidity for daily operations.
Manage relationships with suppliers, vendors, and customers to ensure smooth financial transactions.
Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.
Proven experience (6+ years) in accounting or financial management, preferably in environment.
Knowledge of accounting software and tools (e.g., QuickBooks, Xero, or similar platforms).
Strong understanding of financial reporting, budgeting, and forecasting.
Ability to analyze complex financial data and communicate findings effectively.
Strong organizational and time management skills.
Good communication and interpersonal skills.
Working Conditions:
Full-time position, with standard working hours.
Occasional weekend work or overtime may be required during peak business periods.
Compensation:
Competitive salary based on experience.
Benefits package (health insurance, retirement savings plan, etc.).
Venue : Baktha Appartments 2/7 Dr.Narashiman Road 2nd Street ,T.Nagar Chennai -600017
Contact details :
Jananisha HR - 8838621229
Job Types: Full-time, Permanent
Pay: ?35,000.00 - ?45,000.00 per month
Benefits:
Food provided
Health insurance
Provident Fund
Work Location: In person
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