Senior Executive / Assistant Manager – Finance & Accounts

Banyan Nation; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Banyan Nation is seeking a Senior Executive / Assistant Manager – Finance & Accounts to support day-to-day financial operations, ensure accurate reporting, manage AP/AR, and assist audits and budgeting. The role emphasizes statutory compliance, cash flow management, and internal controls.

You will work with the accounts team to close books, prepare variance analyses, and mentor junior staff, contributing to strategic financial decision-making.

Qualifications

• Qualification: B.Com / M.Com / MBA Finance.
• Experience: 5 to 6 years preferably in Manufacturing Industries.
• Strong knowledge of Banking related activities / Capex activities and financial reporting with Excellent analytical, communication and problem-solving skills.
• Proficiency in accounting software (e.g., Tally, SAP etc.)

Responsibilities

• Prepare monthly, quarterly, and annual financial reports, ensuring compliance with accounting standards and accuracy.
• Support the preparation of financial statements (P&L, Balance Sheet, and Cash Flow).
• Assist with internal and external audits.
• Manage end-to-end processes for AP/AR, including invoicing, payment processing, and reconciliation.
• Monitor outstanding receivables and ensure timely collections.
• Assist in the preparation and monitoring of budgets.
• Provide financial analysis and variance reports to management for informed decision making.
• Ensure timely filing of GST, TDS, Income Tax, and other statutory returns.
• Maintain compliance with all legal requirements and stay updated on changes in tax laws and regulations.
• Oversee accurate and timely entries into the general ledger.
• Maintain a detailed account of fixed assets, depreciation, and journal entries.
• Support the development and monitoring of financial controls to mitigate risks.
• Participate in process improvements to increase efficiency and accuracy.
• Manage cash flow to ensure that financial obligations are met and provide forecasts to management for cash flow requirements.
• Coordinate with the accounts team for financial closures, audits, and reports and provide guidance and training to junior staff as needed.

Skills

Analytical skills

Communication skills

Problem-solving

Education

B.Com / M.Com / MBA Finance

Tools

Tally

SAP

Job description

Senior Executive / Assistant Manager – Finance & Accounts

The Assistant Manager – Finance & Accounts will be responsible for supporting the day-to-day financial operations, ensuring accuracy in financial reporting, managing accounts payable and receivable, supporting audits, and adhering to regulatory compliance. The role will also involve assisting in budgeting, forecasting, and financial analysis to support decision-making at higher level.

Key Responsibilities:

• Prepare monthly, quarterly, and annual financial reports, ensuring compliance with accounting standards and accuracy.
• Support the preparation of financial statements (P&L, Balance Sheet, and Cash Flow).
• Assist with internal and external audits.

2. Accounts Payable & Receivable

• Manage end-to-end processes for AP/AR, including invoicing, payment processing, and reconciliation.
• Monitor outstanding receivables and ensure timely collections

3. Budgeting & Forecasting

• Assist in the preparation and monitoring of budgets.
• Provide financial analysis and variance reports to management for informed decision making.

4. Taxation & Compliance

• Ensure timely filing of GST, TDS, Income Tax, and other statutory returns.
• Maintain compliance with all legal requirements and stay updated on changes in tax laws and regulations

5. General Ledger Management

• Oversee accurate and timely entries into the general ledger.
• Maintain a detailed account of fixed assets, depreciation, and journal entries.

6. Internal Controls

• Support the development and monitoring of financial controls to mitigate risks.
• Participate in process improvements to increase efficiency and accuracy

7. Cash Flow Management

• Manage cash flow to ensure that financial obligations are met and provide forecasts to management for cash flow requirements

8. Team Coordination

• Coordinate with the accounts team for financial closures, audits, and reports and Provide guidance and training to junior staff as needed.

Qualifications:

• Qualification: B.Com / M.Com / MBA Finance
• Experience: 5 to 6 years preferably in Manufacturing Industries.
• Strong knowledge of Banking related activities / Capex activities and financial reporting with Excellent analytical, communication and problem-solving skills
• Proficiency in accounting software (e.g., Tally, SAP etc.)