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Accounts Manager

TORQCOMMODITIES · Navi Mumbai, Maharashtra, India

AccountingManager LevelQuick applyfull-time25 days ago

About The Role

Key Responsibilities

Accounting & Finalization

  • Lead the finalization of standalone and consolidated financial statements in compliance with IFRS/GAAP and local statutory requirements.
  • Manage month-end, quarter-end, and year-end closing activities, ensuring accuracy and timeliness.
  • Review and reconcile intercompany transactions, eliminations, and consolidation adjustments for global subsidiaries.
  • Supervise GL, AR, AP, fixed assets, and inventory accounting, ensuring proper controls and reconciliations.
  • Coordinate with statutory and internal auditors for audits, ensuring compliance and timely closure.

Financial Reporting & MIS

  • Prepare and present MIS reports, P&L statements, and balance sheet analysis at group, company, and business unit levels.
  • Consolidate global financial data for management review, highlighting performance trends and variances.
  • Conduct variance analysis (Actuals vs. Budget / Forecast) with commentary on key drivers.
  • Support management in board, audit committee, and investor presentations.

Budgeting, Planning & Analysis

  • Support the annual budgeting and forecasting process in collaboration with business units.
  • Monitor financial KPIs, working capital, and cost structures, providing insights for efficiency improvement.
  • Assist in financial planning and decision-making through profitability, cost, and cash flow analysis.

Compliance & Controls

  • Ensure compliance with local and international accounting standards, taxation, and regulatory requirements.
  • Strengthen internal controls and accounting policies to ensure accuracy and mitigate risks.
  • Liaise with tax advisors, external auditors, and regulatory authorities as required.

Team Leadership & Stakeholder Management

  • Supervise and mentor accounting staff, ensuring effective performance and professional development.
  • Collaborate with cross-functional teams across global offices for smooth consolidation and reporting.
  • Act as a key liaison between finance and management for financial insights and recommendation

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