General Manager Accounts

Job Description

Roles and Responsibilities of Accounts Head for Multiple Companies in a Corporate Office.Position Title: Accounts Head for Corporate Office Department: Finance and Accounts Reports To: Managing Director Location: Madhapur, Hyderabad. Employment Type: Full-TimeJob Summary:The Accounts Head for Multiple Companies is responsible for overseeing the financial operations, accounting functions, and financial reporting for a group of companies from the corporate office. This role ensures consistency in financial practices, compliance with regulatory requirements, and the implementation of effective financial controls across all entities.Key Responsibilities:
1. Financial Reporting and Consolidation:
• Oversee the preparation and consolidation of financial statements for multiple entities in BJR Group.
• Ensure accurate and timely reporting in compliance with relevant accounting standards.
• Conduct financial analysis to identify trends, variances, and performance metrics across companies.
2. Budgeting and Forecasting:
• Lead the budgeting and forecasting processes for each company and consolidate budgets at the corporate level.
• Work with individual company finance teams to develop realistic and achievable budgets.
• Monitor budget performance, provide variance analysis, and recommend corrective actions.
3. Internal Controls and Compliance:
• Establish and maintain internal controls to ensure integrity and accuracy of financial information across all companies.
• Ensure compliance with corporate policies, industry regulations, and legal requirements.
• Coordinate internal and external audits for multiple entities, addressing findings and implementing improvements.
4. Accounts Payable and Receivable Management:
• Oversee the accounts payable and receivable processes for all companies to ensure efficiency and accuracy.
• Manage cash flow, optimize working capital, and ensure sufficient liquidity across entities.
• Develop and implement standardized processes to improve efficiency and consistency.
5. Intercompany Transactions:
• Manage and reconcile intercompany transactions to ensure accurate financial records.
• Develop and maintain transfer pricing policies in compliance with relevant regulations.
• Ensure proper documentation and reporting of intercompany transactions.
6. Financial Systems and Technology:
• Oversee the implementation and maintenance of accounting software and ERP systems across companies.
• Ensure data integrity and accuracy through effective system controls and user training.
• Evaluate and recommend technology solutions to enhance financial processes and reporting.
7. Team Leadership and Development:
• Lead and mentor finance teams across multiple entities, fostering a collaborative and high-performance culture.
• Conduct regular performance evaluations and provide ongoing training and development opportunities.
• Promote a continuous improvement mindset within the teams.
8. Strategic Financial Planning:
• Work closely with managing director in strategic financial planning and decision-making processes for the group of companies.
• Provide insights and recommendations on financial strategy, capital allocation, and investment opportunities.
9. Stakeholder Communication:
• Serve as the primary point of contact for financial matters between corporate office and individual companies.
• Communicate financial performance, risks, and opportunities to senior management.
• Prepare and present financial reports and analysis to the board of directors and other stakeholders.
Qualifications:
• Education: Masters degree in Accounting, Finance, CA.
• Experience: Minimum of 20 years of progressive accounting experience, with at least 5 years in a leadership role overseeing multiple entities.
• Skills:
• Strong knowledge of GAAP and financial reporting standards.
• Proficiency in accounting software and ERP systems.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management abilities.
• Exceptional communication and interpersonal skills.
Competencies:
• Attention to Detail: High level of accuracy and attention to detail in financial reporting and analysis.
• Strategic Thinking: Ability to think strategically and provide insights that drive business performance.
• Adaptability: Flexibility to adapt to changing priorities and business needs.
• Integrity: Demonstrated integrity and ethical behavior in all financial practices.
Working Conditions:
• Office-based position with occasional travel to company locations as required.
• May involve extended hours during peak reporting periods or special projects.

Keyskills :
strategic planningteam leading skillsaccounts receivableintercompany transactionsbudgeting skillsaccounts payableinternal control