Payroll and Accounts Manager

The Accounts & Finance Manager (Remote) will oversee comprehensive accounting and finance functions, including payroll, cash flow management, budgeting, financial analysis, reporting, and statutory compliance. This role provides critical financial insights to support management decisions, ensures strong financial controls, optimizes costs, and contributes to strategic financial planning aimed at maintaining financial stability and fostering sustainable business growth.

Key Responsibilities

Accounting & Financial Operations:
Manage daily accounting activities such as Accounts Payable, Accounts Receivable, General Ledger, journal entries, and bank reconciliations. Ensure accurate maintenance of books and timely completion of month-end and year-end closing processes. Supervise routine accounting tasks to maintain smooth financial operations, review transactions for accuracy, and keep financial records organized and up to date.

Payroll & Funds Management:
Handle end-to-end payroll processing, including salary calculations, deductions, disbursements, and payroll reporting. Ensure payroll compliance with labor laws, tax regulations, and company policies. Monitor cash flow to maintain adequate liquidity for operational needs. Oversee funds management, including cash positioning, payment scheduling, and working capital management. Track upcoming financial obligations to ensure timely payments.

Budgeting, Cost Control & Analysis:
Prepare department-wise budgets and monitor actual performance against them. Conduct monthly cost analyses to identify significant variances and investigate budget overruns, recommending corrective actions. Identify opportunities to reduce overhead and operational costs without compromising business continuity or service quality. Analyze business performance to spot loss-making accounts, products, or campaigns and suggest strategies to improve profitability and financial efficiency.

Financial Analysis & Planning:
Analyze profitability across products, services, clients, departments, and business units. Provide management with actionable financial insights to support business and operational decisions. Assist in developing long-term financial plans aligned with organizational goals. Prepare scenario-based forecasts for expansion, investments, cost optimization, and other strategic initiatives. Monitor financial trends and offer recommendations based on performance.

Financial Reporting & Compliance:
Prepare monthly, quarterly, and annual financial statements and management reports, including Profit & Loss Statements, Balance Sheets, and Cash Flow Statements. Ensure compliance with statutory requirements, tax laws, accounting standards, and internal controls. Coordinate with auditors, tax consultants, banks, and regulatory authorities. Support internal and external audits and ensure timely resolution of audit findings. Maintain proper documentation for audit and compliance purposes. Present annual financial reports and key insights to management.

Required Qualifications

- Bachelor’s degree in Accounting, Finance, Commerce, or related field.
- Minimum of 5 years’ experience in accounting and finance, including managing finance operations.
- Strong knowledge of accounting principles, financial reporting, budgeting, and financial analysis.
- Hands-on experience with payroll, cash flow management, AP/AR, general ledger, and reconciliations.
- Thorough understanding of tax and statutory compliance requirements.
- Advanced proficiency in Microsoft Excel/Google Sheets and accounting or ERP software.
- Excellent analytical, problem-solving, and decision-making skills.
- High attention to detail and strong organizational abilities.
- Ability to handle confidential financial information with discretion.
- Strong communication skills, capable of presenting financial data to management.
- Ability to work independently and manage multiple priorities under deadlines.

Preferred Qualifications

Experience in marketing agencies, BPOs, technology, or service-based organizations is advantageous. Prior experience managing finances across multiple departments, clients, or business units is preferred. Familiarity with financial forecasting, profitability analysis, and cost optimization is a plus. Professional accounting qualifications such as ACCA, CA, CMA, or equivalent are highly desirable.

Work Location: Remote