Accounts Manager

Amartex; Panchkula; On-site; INR 500,000 - 600,000; Full time

Job summary

Amartex is seeking an experienced Manager Accounts to oversee accounting functions across retail store operations and manufacturing plants in Panchkula, Haryana. You will manage cash, bank reconciliations, and books of accounts in line with company systems and processes.

The role includes monitoring costing and profitability, ensuring timely reporting, and guiding a team of accounts staff to maintain accuracy and compliance with GST, TDS, ESIC and EPF requirements.

Qualifications

• CA/ICWA/MBA in Finance or Accounting, or Masters degree in Commerce.
• Minimum 10–15 years of accounting and financial management experience, with 5–7 years in a managerial role.
• Prior experience in retail, manufacturing, or related industries preferred.

Responsibilities

• Retail Store Accounting and Cash Management: supervise daily cash transactions, reconcile store cash, and audit cash handling.
• Banking and Reconciliations: oversee bank accounts and periodic bank reconciliations; liaison with banks.
• Books of Accounts and Compliance: maintain books as per standards; verify entries and ensure GST, TDS, ESIC, EPF compliance.
• Costing and Profitability: analyze cost structure and profitability of plants and stores; monitor budgets.
• Financial Analysis and Reporting: prepare P&L, balance sheets, and cash flow; provide insights on profitability.
• Team Management and Coordination: lead accounts team; coordinate with store managers and plant heads; train staff.
• Systems and Process Enhancement: align processes with policies; work with IT/ERP to improve data entry and internal controls.

Education

CA

ICWA

MBA in Finance or Accounting

Masters in Commerce

Job description

Qualification :

CA/ICWA/MBA in Finance or Accounting, or Masters degree in Commerce

Experience :

Minimum 10-15 years of experience in accounting and financial management, with at least 5-7 years in a managerial role.

Prior experience in retail, manufacturing, or related industries is preferred.

Job Description :

The Manager Accounts will oversee and manage the accounting functions of the organization, including retail store operations, cash management related to accounting, bank reconciliations, and maintenance of books of accounts as per the company's systems and processes. The role also includes monitoring costings and profitability of manufacturing plants and retail stores, ensuring financial accuracy, compliance, and timely reporting.

Key Responsibilities :

• Retail Store Accounting and Cash Management
  • Supervise and review the daily cash transactions of all stores, ensuring accurate recording and reporting.
  • Ensure all store cash collections are reconciled and deposited into the respective bank accounts in a timely manner.
  • Conduct periodic audits of cash handling processes at retail stores to identify discrepancies or inefficiencies.
• Banking and Reconciliations
  • Oversee bank accounts, including managing transactions and maintaining proper records.
  • Conduct regular bank reconciliations to ensure accuracy in financial data.
  • Liaise with banks for operational matters, including cash management services, resolving discrepancies, and ensuring smooth banking operations.
• Books of Accounts and Compliance
  • Ensure accurate and timely maintenance of books of accounts as per company systems, processes, and applicable accounting standards.
  • Verify journal entries, ledger postings, and trial balances for accuracy and completeness.
  • Ensure compliance with statutory requirements, such as GST, TDS, ESIC, EPF and other tax laws, and coordinate with the tax team for timely filings.
• Costing and Profitability
  • Analyze the cost structure and profitability of manufacturing plants and retail stores.
  • Identify areas for cost optimization and suggest actionable measures to improve margins.
  • Prepare and monitor budgets for manufacturing and retail operations, comparing actual performance against forecasts.
• Financial Analysis and Reporting
  • Prepare periodic financial reports, including profit and loss statements, balance sheets, and cash flow statements.
  • Provide management with key insights on financial performance, store-wise profitability, and operational cost efficiency.
  • Assist in preparing reports for internal and external audits.
• Team Management and Coordination
  • Lead and mentor the accounts team, ensuring their adherence to policies and processes.
  • Coordinate with store managers, plant heads, and other departments for smooth operations and resolution of accounting issues.
  • Conduct training sessions for accounts staff to improve accuracy and compliance with financial systems.
• Systems and Process Enhancement
  • Ensure that accounting processes align with organizational policies and recommend improvements where necessary.
  • Collaborate with IT and ERP teams to streamline accounting systems and ensure accurate data entry.
  • Implement internal controls to mitigate risks and ensure financial integrity

Salary : 5-6 LPA