Accounts & Finance - Manager

The Accounts & Finance Manager at Real is charged with a range of crucial responsibilities including overseeing vendor invoice bookings, ensuring compliance with GST and TDS regulations, managing monthly financial closings, and preparing comprehensive financial statements. Additionally, this role involves maintaining accurate records for payroll compliance, liaising with auditors during statutory audits, and preparing variance analysis reports to guide our financial decisions.

To thrive in the Accounts & Finance Manager role at Real, candidates should possess a Bachelor's or Master's degree in Accounting, Finance, or a related field. A minimum of 3 years of experience in accounting and finance is essential, along with strong expertise in accounting software and compliance with TDS and GST regulations. Excellent analytical skills and effective communication abilities are also vital for success in this position.

The Accounts & Finance Manager at Real ensures compliance through diligent management of TDS and GST filings, timely payment of taxes, and thorough payroll processing. This role also involves preparing necessary supporting documentation and working closely with external auditors to ensure that all financial practices adhere to regulatory requirements and industry standards.

At Real, the Accounts & Finance Manager is responsible for preparing a variety of key financial reports, including monthly Profit & Loss statements, balance sheets, cash flow forecasts, and variance analysis reports. These reports provide essential insights into the company’s financial health and are shared with internal stakeholders to support informed decision-making.

Candidates for the Accounts & Finance Manager position at Real should be proficient in accounting software and have strong skills in Microsoft Excel. Familiarity with IFRS and US GAAP reporting standards is also advantageous for effectively managing the accounting processes and preparing requisite financial statements.

Absolutely! When discussing my experience with TDS and GST compliance, I would highlight specific instances where I managed vendor payments and ensured accurate tax deductions were applied. I’d also mention my role in filing quarterly returns and making timely payments, which help maintain the organization's integrity and compliance.

In my approach to month-end closing, I prioritize organization and accuracy. I begin preparation well ahead of the deadline, ensuring all entries are recorded correctly and reconciliations are up-to-date. By maintaining a checklist of necessary tasks, I streamline the process and provide timely financial reports.

Throughout my career, I have ensured that payroll processed by vendors is accurate and compliant with established tax regulations, especially for new hires and FNF payments. I make it a point to thoroughly check TDS calculations and am proactive in resolving any queries employees raise regarding their salaries or reimbursements.

For variance analysis, I typically employ side-by-side comparisons of budgeted versus actual expenditures. By breaking this down into manageable reports, I identify discrepancies and analyze the reasons behind them. This processed information is invaluable for refining future budgets and financial strategies.

Preparing for a statutory audit involves thorough documentation and early readiness. I ensure all financial records are correctly compiled and produce supporting documents well in advance. I facilitate clear communication with the auditors, providing them with all necessary information to complete the audit efficiently.

Technology is integral to my accounting practices. I utilize accounting software to automate processes, which enhances accuracy and efficiency. This allows me to focus on data analysis rather than manual entry, ensuring comprehensive insights are provided to management.

In situations with tight deadlines, I rely on effective time management and prioritization of tasks. I break down my workload and utilize software to streamline repetitive tasks. This organized approach ensures I meet deadlines without compromising quality, even under pressure.

I have solid experience in financial forecasting, where I assess past data to project future financial performance. I analyze trends and variances, incorporating market insights to align forecasts with real business expectations, preparing detailed reports that assist management in strategic planning.

Certainly! One instance was when I identified inefficiencies in our monthly reporting process. I proposed and implemented an automated solution that decreased our report generation time by 50%, freeing up resources for more detailed analysis and improving our decision-making capabilities.

To ensure accuracy in my financial reports, I implement a rigorous review process, cross-checking numbers against source documents. I also engage in consistent reconciliations throughout the month, which helps catch and rectify any discrepancies early, ensuring my reports are reliable and accurate.