About the company:
Indigo Group is a Mumbai-headquartered, diversified business conglomerate with a strong presence across Technology, Infrastructure, and Food Processing sectors. Under the visionary leadership of Chairman Mr. Vinit Kumar, Indigo Group has created significant value for its partners and associates over a span of more than two and a half decades.
Job Overview:
We are seeking a detail-oriented and experienced Senior Accountant to manage the financial health of our company. The ideal candidate will be well-versed in Indian accounting standards, GST, TDS, and statutory compliances. This role demands a proactive individual with hands-on experience in managing financial operations, reporting, and regulatory compliance for Indian businesses. The Senior Accountant will play a pivotal role in ensuring accurate financial reporting and maintaining strong internal control systems.
Key Responsibilities:
1. Financial Reporting & MIS Preparation
- Prepare accurate financial statements, including balance sheets, profit & loss accounts, and cash flow reports.
- Ensure timely preparation and submission of monthly, quarterly, and annual MIS reports for management.
- Provide detailed financial analysis and insights to support business decisions and planning.
2. General Ledger & Finalization of Accounts
- Manage the general ledger, ensuring the accuracy of all journal entries and ledger balances.
- Finalize accounts at month-end and year-end, ensuring all necessary provisions and adjustments are accounted for.
- Handle all reconciliations, including bank reconciliations, accounts payable, and receivables reconciliations.
3. Taxation & Statutory Compliance
- Manage the filing of all statutory taxes such as GST, TDS, and Income Tax in compliance with Indian tax laws.
- Coordinate with external auditors during tax audits, internal audits, and statutory audits.
- Ensure timely preparation and filing of all regulatory returns to avoid penalties or non-compliance.
4. Accounts Payable & Receivable Management
- Oversee accounts payable and receivable cycles, ensuring timely vendor payments and collection of dues.
- Regularly review and analyze the age of payables and receivables to maintain an optimal working capital cycle.
- Liaise with clients and suppliers to resolve any payment disputes or discrepancies.
5. Budgeting & Variance Analysis
- Assist in the preparation of company budgets and financial forecasts.
- Analyze variances between actual and budgeted figures, providing actionable insights to senior management.
- Work with department heads to track expenses and control costs in alignment with budgets.
6. Internal Controls & Financial Policies
- Establish and enforce strong internal control systems to prevent fraud and ensure financial accuracy.
- Ensure adherence to the company’s financial policies and procedures.
- Review the work of junior accountants to ensure compliance with accounting standards.
7. Team Management & Development
- Lead and mentor a team of junior accountants, providing training and professional development opportunities.
- Review and supervise the work of junior accountants, ensuring accuracy and adherence to timelines.
- Foster a collaborative work environment that encourages knowledge-sharing and problem-solving.
Qualification Skills:
- 5-10 years of relevant experience.
- Expertise in Indian accounting standards, taxation laws, and statutory compliances.
- Proficiency in Tally ERP and other Indian accounting software.
- Strong command over Microsoft Excel for financial analysis, data management, and modeling.
- Thorough knowledge of GST, TDS, and income tax regulations applicable in India.
- Strong analytical and communication skills, with the ability to manage multiple stakeholders.
- Ability to work under pressure, meet deadlines, and manage multiple priorities.
Good to Have:
- Active on social media.
- Knowledge of emerging technologies such as AI tools like ChatGPT and design platforms like Canva.
