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.