Assistant Manager

New Wave League; Thane; On-site; INR 900,000 - 1,300,000; Full time

Job summary

The New Wave League LLP yourCFO in Thane West is seeking an Assistant Manager in Accounts & Finance to lead client engagements and supervise a team of 25 executives. You will ensure timely book closures, MIS delivery, and regulatory compliance while coordinating with the Manager and clients.

Key responsibilities include overseeing P&L, balance sheets, cash flows, and audits; driving month-end processes; and improving controls with SOPs and automation using advanced Excel and ERP/Tally.

Qualifications

• CA with 24 years post-qualification experience OR semi-qualified CA / commerce graduate with 57 years relevant experience in accounting / CFO services.
• Experience in multi-client/consulting environment preferred.

Responsibilities

• Handle day-to-day execution of multiple client engagements.
• Support end-to-end CFO services including monthly closures, MIS preparation, budget tracking and compliance coordination.
• Review P&L, Balance Sheet, cash flow statements and reconciliations.
• Drive month-end activities including accruals, provisions, deferrals and reconciliations.
• Coordinate with auditors, tax consultants, and bankers for routine matters.
• Review work of Executives / Associates and ensure adherence to timelines.

Education

Chartered Accountant

Commerce Graduate / Post-Graduate

Tools

ERP / Tally

Job description

The New Wave League LLP yourCFO

Job Title: Assistant Manager

Department: Accounts & Finance yourCFO

Location: Thane West (Client travel as required)

Reports To: Manager / Partner

Team Supervision: 25 Executives / Associates

1. ROLE PURPOSE

The Assistant Manager is responsible for execution, review, and supervision of client engagements under the guidance of the Manager. The role ensures:

• Accurate and timely book closure
• High-quality MIS preparation
• Compliance adherence
• Structured documentation and review controls
• Smooth client coordination

The Assistant Manager acts as the operational anchor between the team and the Manager, ensuring disciplined deliverables, adherence to timelines, and process alignment with yourCFO standards.

2. KEY RESPONSIBILITIES

A. Client Delivery & Execution

• Handle day-to-day execution of multiple client engagements
• Support end-to-end CFO services including:
• Monthly closures
• MIS preparation
• Budget tracking
• Compliance coordination
• Review:
• P&L
• Balance Sheet
• Cash flow statements
• Reconciliations
• Drive month-end activities including accruals, provisions, deferrals, and reconciliations
• Prepare and present MIS summaries to Manager / clients (as required)
• Coordinate with auditors, tax consultants, and bankers for routine matters

B. Team Supervision & Review

• Review work of Executives / Associates
• Ensure adherence to timelines and SLAs
• Allocate tasks and monitor project status
• Maintain compliance calendar and tracking mechanisms
• Provide on-the-job guidance and technical support
• Support performance feedback discussions

C. Technical & Compliance Oversight

• Ensure accurate book closure as per accounting standards
• Support handling of complex accounting matters
• Review GST, TDS, and Income Tax workings
• Assist in drafting responses for notices and assessments
• Support statutory, tax, and internal audits
• Monitor regulatory compliance under Income Tax, GST, Companies Act, FEMA, etc.
• Stay updated with relevant amendments and provisions

D. Process Discipline & Automation

• Implement SOPs and checklists
• Develop and improve MIS formats
• Strengthen review controls and maker-checker mechanisms
• Support automation initiatives using:
• Advanced Excel
• Tally / ERP
• Power Query / reporting tools
• Reduce manual errors and turnaround time

E. Internal & Client Coordination

• Act as primary coordination point for routine client matters
• Escalate critical issues to Manager
• Present status updates to Manager
• Support proposal preparation and transition of new clients

F. Data Confidentiality & Documentation

• Ensure proper documentation of working papers
• Maintain structured file management
• Uphold confidentiality of client information
• Ensure appropriate use and sharing of data

3. QUALIFICATION CRITERIA

Option 1:

• Chartered Accountant (CA)
• 24 years post-qualification experience

OR

Option 2:

• Semi-Qualified CA / Commerce Graduate / Post-Graduate
• 57 years relevant experience in accounting / CFO services / finance domain

Experience in multi-client / consulting environment preferred.

4. CORE COMPETENCIES

Functional

• Book closure & finalization support
• MIS preparation & variance analysis
• Compliance monitoring
• Financial reporting
• Working knowledge of tax regulations

Managerial

• Task allocation & review
• Project tracking
• Deadline management
• Team supervision

Behavioral

• Ownership mindset
• Attention to detail
• Problem-solving ability
• Client orientation
• Accountability

Technology

• Advanced Excel
• ERP / Tally
• Reporting tools
• Automation orientation

5. EXPECTED OUTCOMES

• Timely and accurate month-end closures
• Error-free MIS reporting
• Controlled and tracked compliance calendar
• Well-supervised and stable team
• Reduced rework through strong review processes
• Proactive issue identification and escalation

6. PREFERRED SKILLS

• Strong communication & presentation skills
• Analytical mindset
• Structured work approach
• Ability to manage multiple clients
• Adaptability in dynamic environments

7. CAREER PATH

Assistant Manager Manager Senior Manager Associate Director Partner Track