Accounts & Finance Manager
Shri Krupa Services
Description
Role Summary
The Accounts & Finance Manager is responsible for overseeing the entire accounting function of the SKSPL Group, ensuring accurate financial reporting, statutory compliance, effective fund management, and coordination with auditors, bankers, and management. The role includes supervising the accounts team, reviewing financial records, managing cash flow, and supporting strategic financial planning for the organization.
Key Roles & Responsibilities
- Accounts Department Supervision
Supervise and manage the overall functioning of the accounts department across the SKSPL Group.
Ensure proper accounting procedures, documentation, and compliance with internal financial policies.
- Cash Flow & Fund Management
Monitor and manage daily cash flow and fund flow to ensure smooth financial operations.
Plan and allocate funds efficiently for operational and project requirements.
- Petty Cash & Banking Control
Review petty cash management and ensure proper utilization and documentation.
Review monthly bank reconciliations and ensure discrepancies are resolved.
- Financial Transaction Verification
Verify and review all vouchers, receipts, payment entries, journal vouchers, payroll entries, and ledger accounts.
Ensure accuracy and compliance in financial records.
- Payroll & Employee Payments
Oversee and verify salary payments and payroll transactions as required.
Ensure payroll compliance with statutory requirements.
- Statutory Compliance Monitoring
Review statutory payments including PF, ESIC, MLWF and other labour law compliances.
Ensure timely and accurate statutory filings and payments.
- Inventory & Stock Verification
Review stock statements and inventory records to ensure accuracy and proper financial reporting.
- Banking & Financial Institution Coordination
Coordinate with banks and NBFCs for working capital facilities, loan arrangements, and project funding.
Maintain relationships with financial institutions and support financial documentation requirements.
- Audit & Compliance Coordination
Coordinate with statutory auditors for income tax matters and finalization of financial statements.
Work closely with the Company Secretary to ensure compliance with the Companies Act and corporate regulations.
- Taxation Review
Review tax payments and compliance including GST, TDS, and Professional Tax (PT).
Ensure all tax liabilities are paid and reported within statutory timelines.
- Vendor & Client Financial Coordination
Review vendor payments and invoice bookings to ensure proper accounting and approval processes.
Communicate with clients regarding financial matters whenever required.
- Financial Documentation for Funding
Prepare and review loan documentation, CMA reports, and project reports required for bank funding and financial approvals.
- Team Leadership & Performance Management
Manage and monitor the performance of the accounts team.
Provide guidance, supervision, and support to ensure efficient departmental operations.
- Financial Analysis & Profitability Reporting
Prepare and review monthly profitability reports for the SKSPL Group of companies.
Analyze financial performance and present insights to management.
- Cost Control & Savings Initiatives
Identify and implement cost-saving measures.
Prepare monthly cost-saving reports and yearly savings analysis.
- MIS & Budget Reporting
Prepare monthly MIS reports and budgets for management review.
Provide financial insights and recommendations to support business decisions.
- Financial Statement Finalization
Oversee the monthly finalization of balance sheets and financial statements.
Ensure financial records are accurate, compliant, and ready for reporting and audit.
About Shri Krupa Services
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