Sanghvi - Assistant General Manager - Accounts

About the job:
Experience Required: 8-10 years in corporate finance & accounts (preferably in large listed organizations, manufacturing/logistics, Big4 / audit exposure)
Role Summary:
The AGM - Accounts will be responsible for overseeing Accounts Payables (AP), Accounts Receivables (AR), General Ledger (GL), Statutory Compliances, IND AS-based financials, Consolidation of subsidiaries, and Month- & Year-end Closures. The role demands strong leadership in team management, process controls, and handling statutory & internal audits (Big4) while ensuring compliance with IND AS, Companies Act, Income Tax, and other applicable laws. The incumbent will act as a key member of the Finance leadership team, ensuring accuracy, timeliness, and integrity of the company's financial reporting.
Key Responsibilities:
Financial Accounting & Reporting:
- Lead end-to-end accounting function covering AP, AR, GL, Fixed Assets, Banking, Payroll Accounting, and Provisions.
- Ensure monthly, quarterly, and annual financial statements are prepared in line with IND AS & Companies Act requirements.
- Drive timely month-end, quarter-end, and year-end book closure with strict adherence to group timelines.
- Responsible for intercompany reconciliations and eliminations for consolidation purposes.
- Maintain trial balance accuracy and ensure mapping of accounts to reporting structures.
2. Consolidation (IND AS & Group Reporting):
- Prepare consolidated financials including multiple subsidiaries, JVs, and associates in line with IND AS 110 / 111 / 28.
- Handle complexities around cross-holdings, eliminations, foreign subsidiaries, minority interest, goodwill accounting, etc.
- Coordinate with auditors for disclosures and notes to consolidated accounts.
- Facilitate group-level reporting for management and regulatory compliance.
3. Audit & Compliance:
- Lead Statutory Audit, Internal Audit, and Limited Review (Quarterly) with Big4 auditors.

- Ensure audit schedules, supporting documents, and reconciliations are ready as per audit timelines.
- Compliance with Companies Act, Income Tax Act, GST, TDS, ROC filings, CARO, CSR reporting, etc.
- Drive implementation and adherence of internal financial controls (IFC/ICFR).
4. AP, AR, and Working Capital Management:
- Oversee Accounts Payable: vendor payments, validations, TDS, GST credit utilization, and process improvements.
- Oversee Accounts Receivable: timely invoicing, credit monitoring, customer reconciliations, and collection follow-up.
- Monitor working capital metrics (DSO / DPO) and support treasury management.
- Partner with business teams to drive dispute resolution and customer/vendor relationship management.
5. Leadership & Team Management:
- Lead a team of accounting professionals across AP, AR, GL, and reporting streams.
- Coach, mentor, and develop team members; foster a culture of accountability, accuracy, and continuous learning.
- Ensure collaboration across operations, business finance, and corporate teams.
6. Process Control & Digitalization:
- Drive process excellence by standardizing accounting processes, SOPs, policies, and documentation.
- Implement ERP controls (SAP/Oracle/any major ERP) and accounting automation initiatives.
- Ensure robust checks to mitigate financial risks and errors.
Educational Qualification:
Chartered Accountant (CA) mandatory.
Additional qualification (CMA / MBA - Finance) will be an added advantage.
Experience:
- 8-10 years' post-qualification experience in corporate finance & accounts.
- At least 3-4 years in a leadership/team handling role.
- Strong exposure to IND AS, consolidation, book closure, and listed company compliance.
- Experience in Big4 audit coordination.
- Background in manufacturing/logistics/engineering/construction sector preferred.
Skills Required
- Strong knowledge of IND AS, IFRS basics, Companies Act, and SEBI compliances.
- Hands-on with consolidation, consolidation software/ERP modules.
- Excellent knowledge of audit cycles, statutory compliances, and working capital accounting.
- Proficiency in ERP (SAP/Oracle) and MS Excel/PowerPoint.
- Leadership qualities: decision-making, problem-solving, people management, and cross-functional collaboration.
Key Performance Indicators (KPIs)
- Timely & accurate monthly/quarterly/yearly closures.
- Clean audit reports with minimal observations.
- Accuracy in consolidated financials and compliance with IND AS disclosure requirements.
- Effective team performance and capability building.
- Continuous improvement in process efficiency and governance.