Deputy General Manager

Job Description – Deputy General Manager (Corporate Accounts)

Position - Deputy General Manager – Corporate Accounts

Department - Finance & Accounts

Reporting To - Assistant Vice President

Location – Thane MBC

Team size – 10+

Role Summary

The Deputy General Manager – Corporate Accounts will be responsible for leading and overseeing

the entire Corporate Accounts function, ensuring accurate financial reporting, statutory compliance,

robust internal controls, and efficient accounting operations across the organization. The role will

manage multiple accounting teams and drive process improvements, compliance, automation, and

Timely financial closures while partnering with business leaders to support strategic decision-making.

Key Responsibilities

1. Corporate Accounting Leadership

? Lead and manage the Corporate Accounts function across all business divisions.

? Ensure accuracy, completeness, and integrity of financial records.

? Drive monthly, quarterly, and annual financial close processes.

? Establish and monitor accounting policies, SOPs, and internal controls.

? Lead continuous process improvement and finance automation initiatives.

2. Financial Reporting & MIS

? Ensure timely preparation of monthly financial statements and management reports.

? Review Balance Sheet schedules and General Ledger reconciliations.

? Monitor profitability, cost analysis, and variance reporting.

? Present financial insights to senior management.

? Ensure timely submission of MIS and reports required by management and stakeholders.

3. Accounts Receivable & Revenue Accounting

? Oversee Sales Accounting and Receivable Controls.

? Monitor debtor ageing and collections.

? Review customer reconciliations and outstanding balances.

? Supervise commission accounting.

? Ensure accurate salary accounting and related reconciliations.

4. Accounts Payable & General Accounting

? Oversee vendor accounting and payment processes.

? Monitor expense accounting and provisioning.

? Ensure timely accounting of TDS, GST, and other statutory deductions.

? Review vendor reconciliations and payable ageing.

? Ensure proper accounting for miscellaneous purchases and operational expenses.

5. Banking & Treasury Operations

? Supervise banking transactions, fund movements, and reconciliations.

? Monitor receivables, payables, and cash flow reporting.

? Review bank reconciliations on a regular basis.

? Coordinate banking MIS and audit requirements.

? Liaise with banks for operational and compliance matters.

6. Balance Sheet & General Ledger Control

? Ensure complete Balance Sheet integrity.

? Review all GL reconciliations.

? Monitor creation and maintenance of Chart of Accounts.

? Ensure proper accounting treatments as per applicable Accounting Standards.

? Drive timely closure of open accounting issues.

7. Government Incentives & Export Benefits

? Oversee accounting and reconciliaon of government incentive schemes including:

o RoDTEP

o ROSCTL

o Duty Drawback

o Job Work Accounting

o Spinning Unit Accounting

o Testing & Inspection accounting

? Ensure proper documentation and audit readiness.

8. Audit & Compliance

? Lead Statutory Audit, Internal Audit, Tax Audit, and Cost Audit.

? Coordinate with external auditors and consultants.

? Ensure timely closure of audit observations.

? Maintain compliance with Companies Act, Income Tax, GST, TDS, and other statutory

requirements.

9. Internal Controls & Risk Management

? Strengthen financial governance and internal controls.

? Iden?fy financial and compliance risks.

? Implement corrective and preventive actions.

? Ensure adherence to company policies and accounting standards.

10. Team Leadership

? Lead and mentor Managers, Deputy Managers, Assistant Managers, Executives, and CA

Interns.

? Allocate responsibilities and monitor team performance.

? Build succession planning and capability development.

? Foster a culture of accountability, collaboration, and continuous improvement.

Team Under Supervision

? Senior Manager – Accounts Receivable & Salary Accounting

? Manager – Accounts Payable & General Accounting

? Managers – Balance Sheet & MIS

? Deputy Manager – Banking

? Assistant Managers, Senior Executives, Executives

? CA Interns

Desired Candidate Profile

Education

? Chartered Accountant (CA) – Mandatory.

Experience

? 12–18 years of progressive experience in Corporate Finance & Accounts.

? Minimum 5 years in a leadership role managing large accounting teams.

? Experience in manufacturing/export-oriented organizations is mandatory, having company

turnover of more than 3000cr+

Technical Skills

? Strong knowledge of Indian Accounting Standards, Companies Act, GST, TDS, Income Tax, and

financial reporting.

? Expertise in Balance Sheet management, financial closures, MIS, audit, and corporate

accounting.

? Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar.

? Advanced Microsoft Excel and financial analysis skills.

Key Competencies

? Strategic financial leadership

? Team management and people development

? Analy?cal and problem-solving skills

? Process improvement and automation

? Stakeholder management

? Decision-making ability

? Strong communicatetion and presentation skills

? High integrity and atiention to detail

? Ability to work under deadlines and manage multiple priori?es

Key Performance Indicators (KPIs)

? Timely monthly and annual financial closure

? Accuracy of financial statements and MIS

? Audit observations and compliance scores

? Effectiveness of internal controls

? Statutory compliance adherence

? Reduction in reconciliation exceptions

? Team productivity and development

? ERP/process improvement initiatives

? Working capital management through effective receivable and payable controls