Job Description – Accounts Head Assistant
Position: Accounts Head Assistant
Department: Finance & Accounts
Employment Type: Full-Time
Experience: 5 – 8 Years
Age: 30 – 40 Years’
Salary: ₹45,000 – ₹50,000 per month
Job Summary
We are seeking an experienced and result-oriented Accounts Head Assistant to support the Finance Head in managing the company's financial operations. The ideal candidate will be responsible for Cash Flow Management, Budgeting & Forecasting, Fund Management, Net Profit Monitoring, Cost Control, MIS Reporting, and Financial Analysis. The role requires strong analytical skills, financial planning expertise, and the ability to provide strategic financial insights to support business growth and profitability.
Key Responsibilities
Cash Flow & Fund Management
· Monitor and manage daily, weekly, and monthly cash flow requirements.
· Ensure adequate liquidity to support business operations and expansion plans.
· Manage working capital efficiently and optimize fund utilization.
· Coordinate with banks and financial institutions for banking facilities and fund requirements.
· Prepare and maintain cash flow forecasts to support business planning.
Budgeting & Financial Planning
· Prepare annual budgets and periodic financial forecasts.
· Analyze Budget vs. Actual performance and recommend corrective actions.
· Develop financial models and projections to support management decisions.
· Support strategic planning through accurate financial forecasting and scenario analysis.
Net Profit & Financial Performance Analysis
· Monitor Gross Profit and Net Profit performance across business units.
· Analyze profitability by store, department, and product category.
· Identify opportunities to improve margins and enhance overall profitability.
· Provide actionable financial insights to senior management.
Cost Control & Operational Efficiency
· Monitor operating expenses and implement cost-control measures.
· Identify cost-saving opportunities across departments.
· Work closely with Operations, Purchase, and Store teams to improve efficiency and reduce wastage.
· Ensure spending aligns with approved budgets and business objectives.
MIS Reporting & Management Support
· Prepare Daily, Weekly, and Monthly MIS reports.
· Present key financial metrics, cash flow reports, profitability reports, and KPI dashboards.
· Support management with timely and accurate financial information for decision-making.
· Prepare presentations and financial reports for senior leadership review.
Accounting & Compliance
· Ensure accuracy and completeness of accounting records.
· Maintain strong internal controls and financial discipline.
· Coordinate with auditors, consultants, and external stakeholders when required.
Team Coordination
· Assist the Finance Head in managing finance and accounts functions.
· Coordinate with cross-functional teams to ensure smooth financial operations.
· Guide and support junior accounting staff where necessary.
Required Qualifications
· Bachelor's Degree in Commerce, Accounting, Finance, or a related field (B.Com / M.Com / MBA Finance preferred).
· Strong knowledge of Accounting, Financial Planning, Budgeting, and Cost Control.
· Proficiency in Tally ERP, MS Excel (Advanced), and ERP systems.
· Excellent analytical, communication, and problem-solving skills.
Preferred Experience
· 5 to 8 years of relevant experience in Finance & Accounts.
· Experience in Textile Retail, Garment Retail, or Multi-Store Retail operations is preferred.
· Proven experience in Cash Flow Management, Fund Management, Budgeting, and Profitability Analysis.
Key Performance Indicators (KPIs)
· Cash Flow Accuracy
· Budget Achievement
· Net Profit Growth
· Working Capital Efficiency
· Cost Reduction Initiatives
· Timely MIS Reporting
· Fund Utilization Efficiency
· Compliance & Audit Performance
How to Apply:
WhatsApp your resume to HR at 98844 64937, and call me pls.
Interviews scheduled next week FRIDAY – don’t miss out!
Work Location: T Nagar
Benefits:
- Health insurance
- Provident Fund
- Incentives
- Increment
- Bonus
Work Location: T Nagar
Pay: ₹45,000.00 - ₹50,000.00 per month
Benefits:
- Health insurance
- Provident Fund
Work Location: In person
