Deputy General Manager - Corporate Accounts - Manufacturing Firm - CA

About the job:

Deputy General Manager (Corporate Accounts):

Position: Deputy General Manager - Corporate Accounts Department - Finance & Accounts Reporting To - Assistant Vice President

Location: Thane MBC

Team size: 10+

Key Responsibilities:

1. Corporate Accounting Leadership:

• Lead and manage the Corporate Accounts function across all business divisions.
• Ensure accuracy, completeness, and integrity of financial records.
• Drive monthly, quarterly, and annual financial close processes.
• Establish and monitor accounting policies, SOPs, and internal controls.
• Lead continuous process improvement and finance automation initiatives.

2. Financial Reporting & MIS:

• Ensure timely preparation of monthly financial statements and management reports.
• Review Balance Sheet schedules and General Ledger reconciliations.
• Monitor profitability, cost analysis, and variance reporting.
• Present financial insights to senior management.
• Ensure timely submission of MIS and reports required by management and stakeholders.

3. Accounts Receivable & Revenue Accounting:

• Oversee Sales Accounting and Receivable Controls.
• Monitor debtor ageing and collections.
• Review customer reconciliations and outstanding balances.
• Supervise commission accounting.
• Ensure accurate salary accounting and related reconciliations.

4. Accounts Payable & General Accounting:

• Oversee vendor accounting and payment processes.
• Monitor expense accounting and provisioning.
• Ensure timely accounting of TDS, GST, and other statutory deductions.
• Review vendor reconciliations and payable ageing.
• Ensure proper accounting for miscellaneous purchases and operational expenses.

5. Banking & Treasury Operations:

• Supervise banking transactions, fund movements, and reconciliations.
• Monitor receivables, payables, and cash flow reporting.
• Review bank reconciliations on a regular basis.
• Coordinate banking MIS and audit requirements.
• Liaise with banks for operational and compliance matters.

6. Balance Sheet & General Ledger Control:

• Ensure complete Balance Sheet integrity.
• Review all GL reconciliations.
• Monitor creation and maintenance of Chart of Accounts.
• Ensure proper accounting treatments as per applicable Accounting Standards.
• Drive timely closure of open accounting issues.

7. Government Incentives & Export Benefits:

• Oversee accounting and reconciliation of government incentive schemes including:
• 1. RoDTEP
• 2. ROSCTL . Duty Drawback
• 4. Job Work Accounting . Spinning Unit Accounting
• 6. Testing & Inspection accounting.

• Ensure proper documentation and audit readiness.

8. Audit & Compliance:

• Lead Statutory Audit, Internal Audit, Tax Audit, and Cost Audit.
• Coordinate with external auditors and consultants.
• Ensure timely closure of audit observations.
• Maintain compliance with Companies Act, Income Tax, GST, TDS, and other statutory requirements.

9. Internal Controls & Risk Management:

• Strengthen financial governance and internal controls.
• Identify financial and compliance risks.
• Implement corrective and preventive actions.
• Ensure adherence to company policies and accounting standards.

10. Team Leadership:

• Lead and mentor Managers, Deputy Managers, Assistant Managers, Executives, and CA Interns.
• Allocate responsibilities and monitor team performance.
• Build succession planning and capability development.
• Foster a culture of accountability, collaboration, and continuous improvement.

Team Under Supervision:

• Senior Manager - Accounts Receivable & Salary Accounting
• Manager - Accounts Payable & General Accounting
• Managers - Balance Sheet & MIS
• Deputy Manager - Banking
• Assistant Managers, Senior Executives, Executives
• CA Interns

Desired Candidate Profile:

Education: Chartered Accountant (CA) - Mandatory.

Experience: 12-18 years of progressive experience in Corporate Finance & Accounts.

• Minimum 5 years in a leadership role managing large accounting teams.
• Experience in manufacturing/export-oriented organizations is mandatory.