Assistant Manager - Finance

This role is for one of the Weekday's clients

Salary range: Rs 600000 - Rs 800000 (ie INR 6-8 LPA)

Min Experience: 5 years

Location: Visakhapatnam

JobType: full-time

We are looking for a highly driven and detail-oriented Assistant Manager – Finance to join our finance team. The ideal candidate will be a qualified Chartered Accountant with 5 to 7 years of post-qualification experience in core finance functions, preferably in a fast-paced, dynamic environment. This role will be instrumental in managing the financial reporting, budgeting, taxation, and audit processes to ensure robust financial governance and compliance.

Key Responsibilities:

• Financial Reporting & Compliance:
  Prepare, analyze, and present accurate financial statements (P&L, Balance Sheet, Cash Flow) in accordance with applicable accounting standards (Ind AS/IFRS). Ensure monthly, quarterly, and annual financial closures are timely and accurate.
• Statutory and Internal Audit:
  Coordinate with statutory and internal auditors, ensuring all audit requirements are met. Drive the preparation of audit schedules, support documentation, and responses to queries.
• Budgeting & Forecasting:
  Assist in the preparation and management of annual budgets and periodic forecasts. Analyze variances between actuals and budgets to provide actionable insights to the management.
• Taxation & Regulatory Compliance:
  Manage direct and indirect tax compliance including GST, TDS, and Income Tax filings. Liaise with external consultants for assessments, scrutiny, and other regulatory matters.
• Accounts Payable/Receivable Oversight:
  Review vendor payments, customer receivables, and reconciliation processes to ensure accuracy, timeliness, and compliance with internal controls.
• MIS & Financial Analysis:
  Deliver management reports, dashboards, and financial KPIs to support strategic decisions. Analyze trends and provide recommendations to improve financial performance.
• Process Improvements:
  Identify opportunities to automate, streamline, and improve financial processes and controls. Ensure implementation of best practices in financial operations.
• Stakeholder Management:
  Work closely with cross-functional teams including operations, procurement, HR, and legal for finance-related matters. Support the leadership team with financial insights and data-driven recommendations.

Skills & Competencies:

• Strong knowledge of Indian Accounting Standards (Ind AS), Companies Act, and tax laws.
• Proven experience in financial reporting, audits, taxation, and MIS in mid to large-scale organizations.
• Proficiency in financial tools such as MS Excel, Tally, SAP, Oracle, or other ERP systems.
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and ability to meet tight deadlines.
• Effective communication and interpersonal skills for cross-functional collaboration.
• Ability to manage multiple priorities and work independently with minimal supervision.

Preferred Background:

• Experience working with Big 4 or reputed audit firms will be an added advantage.
• Exposure to industry-specific finance processes in sectors like manufacturing, services, or retail is desirable.