Assistant Account Manager

About the Role

We are looking for a highly competent Manager Accounts to lead day-to-day accounting operations and support the Finance Head in driving financial control, compliance, and reporting excellence. This role requires a strong mix of hands-on accounting expertise and team management capability, especially in a high-volume, transaction-driven petroleum business.

Key Responsibilities

1. Accounting Operations & Book Closure

• Oversee end-to-end accounting operations (GL, AP, AR, bank reconciliations)
• Ensure accurate and timely monthly, quarterly, and annual book closure
• Maintain strong financial controls and accounting standards

2. Receivables, Payables & Working Capital

• Manage accounts receivable and payable cycles
• Monitor and improve collections, credit control, and aging reports
• Support working capital optimization in coordination with Finance Head

3. Compliance & Taxation

• Ensure compliance with GST, TDS, and statutory regulations
• Oversee timely filing of returns and regulatory submissions
• Lead coordination for internal and external audits

4. MIS & Financial Reporting

• Prepare and review monthly MIS, variance analysis, and financial reports
• Support budgeting and forecasting processes
• Provide insights on expenses, margins, and operational efficiency

5. Team Management & Process Improvement

• Supervise and mentor accounts team members (Assistant Managers / Executives)
• Drive process improvements, automation, and standardization
• Ensure adherence to timelines and accuracy across all finance processes

6. Cross-Functional Coordination

• Work closely with Sales, Logistics, and Operations teams to ensure financial accuracy
• Support business teams with financial data, invoicing, and reconciliations

Required Qualifications

• CA / CA Inter / CMA (CA preferred)
• 10 12 years of experience in accounting and finance roles
• Strong knowledge of accounting standards, GST, and TDS compliance • Experience in managing high-volume transactions and team operations
• Proficiency in Excel and accounting systems (Tally / ERP)
• Strong leadership, problem-solving, and organizational skills

Preferred Experience

• Experience in petroleum / oil & gas / trading / distribution companies

• Exposure to tier 1 organisations is preferred

• Experience in working capital management and receivables-heavy businesses

• Familiarity with sales-driven organizations and credit-based models

Performance Expectations

• Ensure timely and accurate financial reporting and book closure

• Improve receivables tracking and collections efficiency

• Maintain strong compliance and audit readiness

• Build a disciplined and efficient accounts function