Assistant Manager - Accounts

Anika Industries; Gurugram District; On-site; INR 600,000 - 800,000; Full time

Job summary

Anika Industries in India is seeking an experienced finance professional to manage accounting controls, payroll, GST compliance, vendor management, and financial reporting. The role involves ensuring accurate books, controlling closure processes, and maintaining robust internal controls.

You will drive month-end and year-end closures, monitor AR/AP, coordinate audits, and implement vendor controls across GST, TDS, MSME, and compliance documentation.

Qualifications

• Accurate books closure and accounting control.
• Ledger scrutiny on a fortnightly and monthly basis.
• Identify errors, unreconciled balances and control gaps.
• Drive month-end and year-end closure activities.
• Review balance sheet schedules and reconciliations.
• Vendor controls and ageing analysis.
• GST and tax compliance management.
• Vendor compliance and MSME documentation.
• Financial reporting and variance analysis.
• Payroll and employee accounting.
• Accounts receivable controls and collections.
• Audit support and internal controls.

Responsibilities

• Ensure accuracy and completeness of books of accounts.
• Perform ledger scrutiny on a fortnightly and monthly basis.
• Identify errors, unreconciled balances and control gaps with timely resolution.
• Drive month-end and year-end closures within defined timelines.
• Review balance sheet schedules and supporting reconciliations.
• Conduct vendor ageing analysis and advance reviews fortnightly.
• Identify long outstanding advances and drive vendor account closure.
• Ensure vendor ledger reconciliations are completed regularly.
• Monitor vendor master hygiene and compliance requirements.
• Track agreement validity and renewals through follow-ups.
• Drive vendor GST reconciliation and ITC optimization.
• Minimise GST cash outflow and maximize eligible ITC.
• Coordinate corrective actions for vendor non-compliances.
• Monitor GST mismatches and ensure timely resolution.
• Ensure TDS deductions, payments and reconciliations are accurate.
• Track MSME compliance documentation and registrations.
• Verify PAN, GST registrations and other statutory documents are valid.
• Ensure vendor agreements are active before processing.
• Maintain compliance dashboards and periodic reporting.
• Prepare monthly financial statements and supporting schedules.
• Perform variance analysis vs Budget/Forecast.
• Identify key business drivers and financial risks.
• Present actionable insights to Finance Controller.
• Manage payroll accounting and related entries.
• Reconcile payroll data with books monthly.
• Monitor AR ageing and customer reconciliations.
• Review AR/AP reporting and identify collection risks.
• Strengthen reporting mechanisms for early risk detection.
• Support audits and ensure readiness of schedules and docs.
• Drive closure of audit observations within timelines.
• Strengthen SOP adherence and internal control compliance.

Job description

Key Responsibilities

1. Books Closure & Accounting Control

• Ensure accuracy and completeness of books of accounts.
• Perform detailed ledger scrutiny on a fortnightly and monthly basis.
• Identify accounting errors, unreconciled balances and control gaps and ensure timely resolution.
• Drive month-end and year-end closure activities within defined timelines.
• Review balance sheet schedules and supporting reconciliations.

2. Accounts Payable & Vendor Controls

• Conduct vendor-wise ageing analysis and advance reviews on a fortnightly basis.
• Identify long outstanding advances, debit balances and unreconciled vendor accounts and drive closure.
• Ensure vendor ledger reconciliations are completed regularly.
• Monitor vendor master hygiene and compliance requirements.
• Track agreement validity and ensure timely renewals through periodic follow-ups.

3. GST & Tax Compliance

• Drive vendor-level GST reconciliation and ITC optimization.
• Ensure maximum eligible GST credits are availed and GST cash outflow is minimized.
• Identify vendor non-compliances impacting ITC and coordinate corrective actions.
• Monitor GST mismatches and ensure timely resolution.
• Ensure TDS deductions, payments and reconciliations are accurate.

4. Vendor Compliance Management

• Track and monitor MSME compliance documentation.
• Ensure PAN, GST registrations and other statutory documents remain valid and updated.
• Verify vendor agreements are active and available before processing transactions.
• Maintain compliance dashboards and periodic exception reporting.

5. Financial Reporting & Analysis

• Prepare monthly financial statements and supporting schedules.
• Perform detailed variance analysis against Budget, Prior Period and Forecast.
• Identify key business drivers and financial risks.
• Present actionable insights and recommendations to Finance Controller.

6. Payroll & Employee Accounting

• Manage salary accounting and payroll-related journal entries.
• Ensure accurate accounting of payroll provisions, reimbursements and employee recoveries.
• Reconcile payroll data with books on a monthly basis.

7. Accounts Receivable Controls

• Monitor AR ageing and collection performance.
• Review customer ledger reconciliations.
• Identify process gaps impacting collections and revenue accounting.
• Track action plans and ensure closure of issues on a fortnightly basis.
• Strengthen reporting mechanisms for early identification of collection risks.

8. Audit & Internal Controls

• Support statutory, internal and tax audits.
• Ensure readiness of schedules, reconciliations and audit documentation.
• Drive closure of audit observations within agreed timelines.
• Strengthen SOP adherence and internal control compliance.

Key Deliverables

• Accurate monthly closure of books.
• Fortnightly ledger scrutiny and closure of identified gaps.
• Vendor ageing and advance balances maintained within defined thresholds.
• Maximum eligible GST ITC claimed with minimum cash leakage.
• Zero critical compliance lapses relating to GST, TDS, MSME and vendor documentation.
• Timely preparation of financial statements and variance analysis.
• Robust AR and AP control framework with regular reporting.