Deputy General Manager - Corporate Accounts - Manufacturing - CA

Manufacturing Industry

Position: Deputy General Manager Corporate Accounts

Department: Finance & Accounts

Reporting To: Assistant Vice President

Location: Thane MBC

Team size: 10+

Desired Candidate Profile:

Education:

• Chartered Accountant (CA) Mandatory.

Experience:

• 1218 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, having company turnover of more than 3000cr+.

Role Summary:

The Deputy General Manager Corporate Accounts will be responsible for leading and overseeing the entire Corporate Accounts function, ensuring accurate financial reporting, statutory compliance, robust internal controls, and efficient accounting operations across the organization. The role will manage multiple accounting teams and drive process improvements, compliance, automation, and timely financial closures while partnering with business leaders to support strategic decision-making.

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.
• Liase with operational & accounting compliances.

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
• 3. Duty Drawback
• 4. Job Work Accounting
• 5. 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

Technical Skills:

• Strong knowledge of Indian Accounting Standards, Companies Act, GST, TDS, Income Tax, and financial reporting.
• Expertise in Balance Sheet management, financial closures, MIS, audit, and corporate accounting.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar.
• Advanced Microsoft Excel and financial analysis skills.

Key Competencies:

• Strategic financial leadership
• Team management and people development
• Analytical and problem-solving skills
• Process improvement and automation
• Stakeholder management
• Decision-making ability
• Strong communication and presentation skills
• High integrity and attention to detail
• Ability to work under deadlines and manage multiple priorities

Key Performance Indicators (KPIs):

• Timely monthly and annual financial closure
• Accuracy of financial statements and MIS
• Audit observations and compliance scores
• Effectiveness of internal controls
• Statutory compliance adherence
• Reduction in reconciliation exceptions
• Team productivity and development
• ERP/process improvement initiatives
• Working Capital management