The Accounts Manager is the "guardian" of the company's cash flow.
Payables & Receivables: Ensuring the company gets paid by clients on time and that vendors/suppliers are paid accurately.
Accounting Operations: Supervizing the day-to-day entries to ensure the books are clean and up-to-date.
Banking & Cash Management: Monitoring bank balances and coordinating with financial institutions.
This is a critical part of the role in India, as indicated by the mention of specific regulations:
Taxation: Managing GST (Goods and Services Tax) and TDS (Tax Deducted at Source) filings and payments.
Labor Laws: Handling PF (Provident Fund) and ESI (Employee State Insurance) contributions, which are mandatory for employee welfare.
Since this is for a Facility Management firm (which usually has a large workforce), the manager must:
Monitor Payroll: Ensure that salaries are calculated correctly, taking into account attendance, deductions, and incentives.
Vendor Payments: Managing the accounts of external contractors or service providers.
The manager provides the data that helps the business grow:
Financial Reporting: Preparing Balance Sheets and Profit & Loss statements.
Budgeting: Helping the company plan how much to spend and identifying areas where costs can be cut.
Audit Coordination: Preparing the necessary documentation for internal or external auditors.
The role requires high-level skills in specific software to automate these processes:
Tally/ERP: For maintaining the general ledger.
MS Office: Particularly Advanced Excel for data analysis and complex formulas.