Job Description – Accounts Manager
Company: Viksit Hospitality Group
Location: Hyderabad
Position Overview
The Accounts Manager will be responsible for overseeing the organization's accounting operations, ensuring financial accuracy, timely compliance, effective coordination with the external accounting agency, and strong financial controls. The role will act as a key link between the management team, internal departments, accounts function, and external accounting partners.
Key Roles & Responsibilities
1. Accounting Operations
- Oversee and streamline day-to-day accounting operations across the organization.
- Ensure timely and accurate recording, reconciliation, and reporting of financial transactions.
- Coordinate with the external accounting agency for smooth and timely completion of accounting activities.
- Review and ensure accuracy of accounting entries and supporting documentation.
2. Payroll & Salaries
- Coordinate the monthly salary processing and ensure timely and accurate payroll disbursement.
- Work closely with HR and the accounting agency to ensure payroll inputs are correctly processed.
- Ensure salary-related records and statutory deductions are properly maintained.
3. Tally & Accounting Systems
- Take ownership of setting up and maintaining the organization's accounting processes on Tally.
- Ensure all relevant transactions and entries are accurately recorded in Tally.
- Regularly match and reconcile Tally entries with supporting records and financial data.
- Identify and resolve discrepancies in accounting entries.
4. Financial Controls & Auditing
- Review and audit costing reports to ensure accuracy and identify variances.
- Audit NC reports and maintain regular follow-up on pending and identified issues.
- Monitor financial controls and ensure adherence to established processes.
- Identify discrepancies, irregularities, and areas of financial risk and escalate them appropriately.
5. Cash Management
- Monitor and manage cash handling and cash flows across the business.
- Ensure proper recording and reconciliation of cash transactions.
- Maintain adequate controls over cash collections, deposits, and disbursements.
6. Compliance
- Ensure timely and accurate completion of applicable statutory and financial compliances.
- Coordinate with the accounting agency and relevant stakeholders for compliance-related requirements.
- Maintain proper documentation and records for audits and statutory requirements.
7. Inter-Departmental Coordination
- Coordinate with HR, Operations, Procurement, Management, and other departments on finance and accounting-related matters.
- Ensure timely collection of financial information and documentation from respective departments.
- Support departments in following appropriate financial processes and controls.
8. Management & Agency Coordination
- Act as the bridge between the Top Management, internal Accounts team, and external accounting agency.
- Provide management with timely updates on financial matters, discrepancies, pending actions, and key accounting requirements.
- Ensure clear communication, accountability, and timely closure of finance-related activities.
9. Reporting & Follow-Up
- Maintain regular reports and trackers for accounting, compliance, costing, and audit-related activities.
- Track pending items and ensure timely closure with the concerned teams or agency.
- Highlight significant financial discrepancies, risks, and operational concerns to management.
10. Compliance & Statutory Payments
- Ensure timely and accurate filing of GST returns and related compliances.
- Coordinate and ensure timely GST payments and reconciliation of GST records.
- Ensure accurate calculation and timely payment/deposit of TDS and related filings.
- Monitor and ensure timely payment of other statutory dues, taxes, and applicable government liabilities.
- Maintain a compliance calendar to track all statutory due dates and ensure payments and filings are completed within timelines.
- Coordinate with the accounting agency for statutory filings, payments, notices, and other compliance requirements.
- Maintain proper records and supporting documentation for all statutory payments and filings.
- Ensure timely resolution and closure of any compliance discrepancies, notices, or pending statutory matters.
11. Vendor Payments:
Review, process, and monitor vendor payments to ensure timely settlement of approved invoices while maintaining proper documentation and payment controls.
Candidate Profile
- Bachelor's degree in Commerce, Accounting, Finance, or a related field.
- Atleast 10-12 years of relevant experience.
- Relevant experience in accounting and financial operations, preferably within the hospitality, F&B, or multi-unit business environment.
- Strong working knowledge of Tally and accounting processes.
- Good understanding of financial controls, reconciliations, payroll, and statutory compliances.
- Strong analytical and problem-solving skills.
- Ability to coordinate effectively with internal teams and external agencies.
- High attention to detail, accuracy, and confidentiality.
- Strong communication and stakeholder-management skills.
Pay: ₹70,000.00 - ₹100,000.00 per month
Benefits:
- Paid sick time
- Provident Fund
Work Location: In person
