Assistant Manager - Accounts

Anika Industries; New Delhi; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Anika Industries in Delhi seeks a finance professional to manage books closure, vendor controls, GST/compliance, payroll, AR/AP, and internal controls.

You will drive monthly and quarterly reporting and audits with robust documentation and dashboards to optimize ITC and cash flow.

Candidate will coordinate with vendors, finance teams, and leadership to tighten controls and ensure accurate financial reporting.

Responsibilities

• Books Closure & Accounting Control: Ensure accuracy and completeness of books of accounts.
• Books Closure & Accounting Control: Perform detailed ledger scrutiny on a fortnightly and monthly basis.
• Books Closure & Accounting Control: Identify accounting errors, unreconciled balances and control gaps and ensure timely resolution.
• Books Closure & Accounting Control: Drive month-end and year-end closure activities within defined timelines.
• Books Closure & Accounting Control: Review balance sheet schedules and supporting reconciliations.
• Accounts Payable & Vendor Controls: Conduct vendor-wise ageing analysis and advance reviews on a fortnightly basis.
• Accounts Payable & Vendor Controls: Identify long outstanding advances, debit balances and unreconciled vendor accounts and drive closure.
• Accounts Payable & Vendor Controls: Ensure vendor ledger reconciliations are completed regularly.
• Accounts Payable & Vendor Controls: Monitor vendor master hygiene and compliance requirements.
• Accounts Payable & Vendor Controls: Track agreement validity and ensure timely renewals through periodic follow-ups.
• GST & Tax Compliance: Drive vendor-level GST reconciliation and ITC optimization.
• GST & Tax Compliance: Ensure maximum eligible GST credits are availed and GST cash outflow is minimized.
• GST & Tax Compliance: Identify vendor non-compliances impacting ITC and coordinate corrective actions.
• GST & Tax Compliance: Monitor GST mismatches and ensure timely resolution.
• GST & Tax Compliance: Ensure TDS deductions, payments and reconciliations are accurate.
• Vendor Compliance Management: Track and monitor MSME compliance documentation.
• Vendor Compliance Management: Ensure PAN, GST registrations and other statutory documents remain valid and updated.
• Vendor Compliance Management: Verify vendor agreements are active and available before processing transactions.
• Vendor Compliance Management: Maintain compliance dashboards and periodic exception reporting.
• Financial Reporting & Analysis: Prepare monthly financial statements and supporting schedules.
• Financial Reporting & Analysis: Perform detailed variance analysis against Budget, Prior Period and Forecast.
• Financial Reporting & Analysis: Identify key business drivers and financial risks.
• Financial Reporting & Analysis: Present actionable insights and recommendations to Finance Controller.
• Payroll & Employee Accounting: Manage salary accounting and payroll-related journal entries.
• Payroll & Employee Accounting: Ensure accurate accounting of payroll provisions, reimbursements and employee recoveries.
• Payroll & Employee Accounting: Reconcile payroll data with books on a monthly basis.
• Accounts Receivable Controls: Monitor AR ageing and collection performance.
• Accounts Receivable Controls: Review customer ledger reconciliations.
• Accounts Receivable Controls: Identify process gaps impacting collections and revenue accounting.
• Accounts Receivable Controls: Track action plans and ensure closure of issues on a fortnightly basis.
• Accounts Receivable Controls: Strengthen reporting mechanisms for early identification of collection risks.
• Audit & Internal Controls: Support statutory, internal and tax audits.
• Audit & Internal Controls: Ensure readiness of schedules, reconciliations and audit documentation.
• Audit & Internal Controls: Drive closure of audit observations within agreed timelines.
• Audit & Internal Controls: Strengthen SOP adherence and internal control compliance.
• Key Deliverables: Accurate monthly closure of books.
• Key Deliverables: Fortnightly ledger scrutiny and closure of identified gaps.
• Key Deliverables: Vendor ageing and advance balances maintained within defined thresholds.
• Key Deliverables: Maximum eligible GST ITC claimed with minimum cash leakage.
• Key Deliverables: Zero critical compliance lapses relating to GST, TDS, MSME and vendor documentation.
• Key Deliverables: Timely preparation of financial statements and variance analysis.
• Key Deliverables: Robust AR and AP control framework with regular reporting.

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.