The Role
The Finance & Accounting Assistant Manager supports financial management, reporting, tax compliance, budget oversight, and leads finance projects while supervising junior staff.
Summary Generated by Built In
A Finance & Accounting Assistant Manager plays a key role in supporting the financial & Accounting
management and operations of a company. They typically work closely with the Finance &
Accounting Manager or Chief Financial Officer (CFO) and are responsible for assisting in the
preparation and analysis of financial data, managing budgets, ensuring compliance with financial
regulations, and leading or supporting various finance-related projects.
Job Duties and Responsibilities
1. Financial Reporting & Analysis:
Preparation of financial reports (e.g., profit and loss statements, balance sheets, and cash flow
statements).
Analyse financial data to identify trends, variances, and discrepancies.
Prepare financial forecasts and budgets based on the company’s financial goals.
Ensure timely and accurate month-end and year-end financial reporting.
2. Tax Compliance:
Ensure timely and accurate filing of all required tax returns (income tax, , GST, TDS, corporate
tax, etc.).
Monitor and implement changes in tax regulations and ensure compliance with new laws.
Coordinate with auditors, tax authorities, and regulatory bodies for audits, inspections, and
other inquiries.
Maintain tax records and documentation for easy retrieval during audits.
3. Budget Management:
Support the Finance Manager in preparing annual budgets and monthly budget reviews.
Monitor departmental spending to ensure adherence to approved budgets.
Identify areas for cost reduction and process improvement.
4. Accounts Payable & Receivable:
Oversee the processing of invoices, payments, and reconciliations.
Manage relationships with vendors and customers, resolving any payment issues.
Ensure timely collection of receivables and payment of obligations.
Understanding and complying with the MSME Act
5. Audit & Compliance:
Assist in the preparation for internal and external audits.
Ensure compliance with financial regulations, tax laws, and corporate governance.
Maintain up-to-date knowledge of relevant financial legislation.
6. Cash Flow Management:
Monitor cash flow and ensure liquidity is maintained to meet company obligations.
Manage and optimize working capital, including overseeing cash management activities.
7. Financial Process Improvement:
Recommend and implement improvements in financial processes and controls.
Assist in automating and streamlining financial operations for increased efficiency.
8. Team Leadership & Development:
Supervise junior finance staff, providing guidance and training as necessary.
Delegate tasks and ensure proper collaboration across the finance department.
Support employee development through feedback and performance management.
9. Strategic Support:
Provide support in developing long-term financial strategies aligned with the company’s goals.
Participate in financial planning discussions and contribute to decision-making processes.
Relationship & Authority
Deal with the Finance team and support the CFO for financial planning and matters.
Key Competencies:
Analytical Thinking: Ability to analyse complex financial data and draw meaningful conclusions.
Attention to Detail: A high level of accuracy in preparing and entering financial data.
Leadership: Proven ability to supervise, develop, and motivate a finance team.
Communication: Strong interpersonal skills and ability to explain financial concepts to non-financial
stakeholders.
Adaptability: Ability to adjust to shifting priorities and manage time effectively.
Requirements
Qualification & Experience
Master’s degree in Finance, Accounting, Business, or a related field.
Experience in cost calculation at a manufacturing company.
10-15 years of experience in finance, accounting, or related roles, preferably with some leadership or
supervisory experience.
Skills Required
- Master's degree in Finance, Accounting, Business, or a related field
- Experience in cost calculation at a manufacturing company
- 10-15 years of experience in finance, accounting, or related roles
- Some leadership or supervisory experience
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The Company
What We Do
Pasona N A, Inc. supports companies and professionals in the United States through comprehensive workforce solutions, including talent acquisition, staffing, outsourcing, and HR consulting, with a specialization in assisting Japanese companies.
