Assistant Account Manager

Bhuvi Petroleum; New Delhi; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Bhuvi Petroleum in Delhi seeks a Manager Accounts to lead day-to-day accounting operations, ensure strong financial controls, and support the Finance Head.

You will oversee GL, AP, AR, bank reconciliations, manage receivables/payables, ensure GST and TDS compliance, and coordinate internal and external audits.

This role requires 10–12 years of experience in accounting, leadership, proficiency in Excel and ERP systems, and a track record of process improvements in a high-volume petroleum business.

Qualifications

• CA / CA Inter / CMA certification with 10–12 years of accounting/finance experience.
• Strong knowledge of GST and TDS compliance required.
• Experience handling high-volume transactions and managing teams.

Responsibilities

• Oversee end-to-end accounting operations (GL, AP, AR, bank reconciliations).
• Ensure timely monthly, quarterly, and annual book closure.
• Manage receivables, payables, and working capital optimization.
• Lead GST, TDS compliance and regulatory submissions.
• Prepare monthly MIS, variance analysis, and financial reports.
• Mentor and supervise accounts team; drive process improvements.

Skills

Leadership

Problem Solving

Organizational Skills

Education

CA / CA Inter / CMA (CA preferred)

Tools

Tally / ERP

Job description

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