AGM/DGM - Finance & Accounts

• *Job Description**

• *Job Title:** AGM/DGM \- Finance \& Accounts
• *Department:** Finance \& Accounts
• *Experience:** 10\+ Years
• *Budget:** Up to ₹20 LPA
• *Reporting To:** Chief Financial Officer (CFO)
• *Team Size:** 5–6 Members
• *Location:** Vijayawada

• *Industry:** Manufacturing

We are looking for an experienced, result\-oriented, and hands\-on **Head of Accounts** to lead and manage the company's accounting and financial operations. The ideal candidate will be responsible for overseeing the complete accounting cycle, including accounts payable, accounts receivable, cash flow management, taxation, general ledger, credit control, employee incentives, dealer discounts, insurance, and financial reporting.

The role requires a strong finance professional with proven leadership capabilities, sound technical knowledge, and a focus on strengthening internal financial controls, optimizing working capital, ensuring statutory compliance, and delivering accurate and timely financial information to management.

The candidate will be responsible for preparing **monthly Profit \& Loss (P\&L) statements and Balance Sheets for each division** and presenting financial performance, key variances, and business insights to the CFO.

• *Key Responsibilities**

• *1\. Accounting \& Financial Reporting**

• Oversee day\-to\-day accounting operations and ensure accurate and timely recording of financial transactions.
• Manage the general ledger, journal entries, provisions, accruals, reconciliations, and month\-end and year\-end closing activities.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Prepare division\-wise P\&L statements and Balance Sheets every month and present them to the CFO.
• Analyze financial performance, budget variances, profitability, and cost trends, highlighting key issues and corrective actions.
• Ensure the accuracy, completeness, and integrity of financial data.

• *2\. Accounts Payable \& Accounts Receivable**

• Oversee vendor payments, supplier reconciliations, customer collections, and outstanding receivables.
• Ensure timely processing of invoices, payments, receipts, and credit notes.
• Monitor overdue receivables, implement effective collection strategies, and minimize bad debts.
• Establish appropriate controls over vendor payments, customer credit limits, and outstanding balances.

• *3\. Cash Flow \& Working Capital Management**

• Prepare and monitor cash flow forecasts and fund flow statements.
• Optimize working capital by improving receivables, payables, inventory\-related coordination, and cash utilization.
• Monitor liquidity requirements and ensure the availability of funds for business operations.
• Identify opportunities to reduce finance costs and improve cash conversion cycles.

• *4\. Taxation \& Statutory Compliance**

• Ensure compliance with applicable GST, TDS, income tax, and other statutory requirements.
• Oversee tax calculations, return filings, reconciliations, assessments, and related documentation.
• Coordinate with statutory auditors, tax consultants, internal auditors, and regulatory authorities.
• Ensure timely completion of statutory audits and closure of audit observations.

• *5\. Credit Control, Dealer Discounts \& Employee Incentives**

• Manage customer credit policies, credit limits, outstanding balances, and collection follow\-ups.
• Review and monitor dealer discounts, schemes, rebates, incentives, and related accounting provisions.
• Ensure employee incentive calculations, approvals, reconciliations, and timely accounting.
• Establish appropriate approval mechanisms and controls to prevent revenue leakage and unauthorized payouts.

• *6\. General Insurance \& Risk Management**

• Oversee insurance policies relating to company assets, inventory, and other business operations.
• Monitor policy renewals, premium payments, claims, and documentation.
• Ensure adequate insurance coverage and maintain proper records of insured assets and claims.

• *7\. Internal Controls \& Process Improvement**

• Strengthen internal financial controls, accounting procedures, and approval workflows.
• Identify financial risks, control gaps, process inefficiencies, and opportunities for automation.
• Develop and implement standard operating procedures (SOPs) for key accounting processes.
• Ensure adherence to company policies, delegation of authority, and accounting standards.
• Support internal audits and implement corrective actions to address audit findings.

• *8\. Team Management \& Stakeholder Coordination**

• Lead, mentor, and supervise a team of 5–6 accounts and finance professionals.
• Allocate responsibilities, monitor performance, and ensure timely completion of deliverables.
• Coordinate with the CFO, business division heads, sales, procurement, HR, and other departments.
• Provide accurate financial information and actionable insights to support management decisions.

• *Candidate Profile**

• Graduate or postgraduate in Commerce, Accounting, or Finance.
• **CA / CMA / MBA Finance** preferred; candidates with strong relevant experience and technical expertise may also be considered.
• Minimum **10\+ years of experience** in accounting and finance, preferably in a manufacturing, trading, distribution, or multi\-division business environment.
• Demonstrated experience in independently managing end\-to\-end accounting operations and financial reporting.
• Strong expertise in division\-wise P\&L preparation, Balance Sheet finalization, and monthly MIS reporting.
• Sound knowledge of GST, TDS, income tax, statutory compliance, and audit processes.
• Proven experience in working capital management, cash flow forecasting, credit control, and receivables management.
• Experience in managing dealer schemes, discounts, incentives, and related financial controls will be an advantage.
• Prior experience leading a team of 5–6 members or a similar\-sized team.
• Proficiency in MS Excel and accounting/ERP systems such as SAP, Oracle, Tally, or equivalent.

• *Key Skills \& Competencies**

• Strong accounting, financial analysis, and reporting skills.
• Excellent analytical, problem\-solving, and decision\-making abilities.
• Strong leadership, team management, and stakeholder coordination skills.
• High attention to detail, accuracy, and financial discipline.
• Ability to manage multiple priorities and meet strict reporting deadlines.
• High integrity, accountability, and a results\-oriented approach.
• Effective communication and presentation skills, particularly when presenting financial results to senior management.

• *Key Performance Indicators (KPIs)**

• Timely and accurate monthly closure of accounts.
• Timely submission of division\-wise P\&L and Balance Sheets to the CFO.
• Accuracy of financial statements and management reports.
• Improvement in receivables, overdue collections, and working capital efficiency.
• Timely completion of statutory filings and tax compliance.
• Reduction in audit observations and improvement in internal controls.
• Accuracy and control over dealer discounts, employee incentives, and provisions.
• Team productivity and adherence to reporting timelines.

Pay: ₹100,000\.00 \- ₹150,000\.00 per month

Benefits

• Provident Fund

Work Location: In person