Assistant Manager - Accounting & Tax (P2P Domain)

TMF Group; Mumbai; Hybrid; INR 1,500,000 - 2,100,000; Full time

Job summary

TMF Group in Mumbai invites an experienced accounting and tax professional to lead the bookkeeping, month-end close, and financial reporting for a diversified client portfolio.

You will supervise Associates/Analysts, ensure GST/Tax compliance, and coordinate with auditors while driving process improvements and ERP utilization. Strong technical knowledge of Indian accounting standards and taxation is essential.

Qualifications

• Bachelor's degree in commerce, accounting, finance or related field.
• CA/CMA-qualified with 1-2 years post-qualification experience encouraged.

Responsibilities

• Review and oversee day-to-day bookkeeping and month-end close for multiple clients.
• Oversee GST/Tax compliance including filings and audits.
• Serve as primary contact for clients and coordinate with auditors and regulators.
• Lead and review the work of Associates/Analysts and manage workflow across client portfolio.
• Ensure adherence to internal quality standards and risk protocols.
• Drive process improvements and optimize accounting/ERP system use.

Job description

We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms. If you are approached for payment, this is likely to be fraudulent. Please check to see whether the role you are interested in is posted on our career website.

Role & responsibilities:

1. Accounting & Bookkeeping

• Review and oversee day-to-day bookkeeping, bank reconciliations, and general ledger maintenance for a portfolio of clients across sectors.
• Manage month-end and quarter-end closing activities, including accruals, provisions, and inter-company reconciliations.
• Prepare and review monthly/quarterly management reporting packages in line with client and TMF Group formats.
• Ensure books of accounts are maintained in accordance with Ind AS / applicable GAAP and client-specific accounting policies.

2. Direct & Indirect Tax Compliance

• Oversee preparation and timely filing of GST returns (GSTR-1, GSTR-3B, annual returns) and reconciliations (GSTR-2B vs books).
• Manage TDS computation, deposit, and quarterly return filing (Form 24Q/26Q), and issuance of TDS certificates.
• Support computation of advance tax, corporate income tax provisioning, and preparation of income tax returns and tax audit schedules.
• Liaise with statutory auditors, tax consultants, and regulatory authorities on assessments, notices, and queries.
• Monitor changes in direct and indirect tax law and assess impact on client compliance obligations.

3. Client & Stakeholder Management

• Serve as a primary day-to-day contact for assigned clients, ensuring service levels and deliverable timelines are met.
• Communicate proactively with clients on accounting and compliance matters, escalating complex technical issues to the Manager as needed.
• Support onboarding of new clients, including transition of accounting records and process documentation.

4. Team Leadership & Review

• Review work performed by Associates/Analysts, provide coaching, and ensure quality and accuracy of deliverables.
• Support resourcing and workflow planning across the assigned client portfolio.
• Contribute to on-the-job training and technical upskilling of junior team members.

5. Process, Risk & Continuous Improvement

• Ensure adherence to internal quality standards, documentation requirements, and engagement risk protocols.
• Identify opportunities to improve efficiency through process standardization and use of accounting/ERP systems.
• Maintain accurate working papers and support internal and external audit requirements.

6. Skills & Competencies

• Strong technical knowledge of Indian accounting standards and direct/indirect tax regulations.
• Hands-on proficiency with accounting/ERP systems (e.g., Tally, SAP, Oracle, MS Dynamics) and advanced MS Excel.
• Strong review and analytical skills, with attention to detail and accuracy under deadline pressure.
• Effective communication and stakeholder management skills, with the ability to explain technical matters clearly to clients.
• Proven ability to lead, coach, and review the work of junior team members.
• Well organized, proactive, and comfortable managing multiple client deliverables in parallel.

Key Requirements:

• Bachelors degree in commerce, Accounting, Finance, or a related field, coupled with 8-10 years of progressive experience in accounting, taxation, compliance, and financial operations.
• CA/CMA-qualified candidates with 1-2 years of post-qualification experience in accounting, taxation, financial reporting, and statutory compliance are also encouraged to apply.
• Exposure to shared services, outsourced service delivery, consulting firms, or multinational organizations is preferred.
• Strong understanding of accounting principles, direct and indirect taxation, regulatory compliance requirements, and stakeholder management.