Accounts Manager

Group Finance & Accounts Manager

Location: Vellore

Reporting To: Managing Director / Proprietor

Businesses Under Control:

TVS Dealership

Titan Stores

Fastrack Stores

Bata Store

FirstCry Store

Finance & Transport Business

Job Purpose

To oversee the complete finance, accounting, taxation, cash flow, compliance, and financial reporting functions of all group businesses while ensuring proper controls, profitability monitoring, and management reporting.

Key Responsibilities

1. Financial Accounting & Bookkeeping

Supervise all accounting activities across group businesses.

Ensure daily accounting entries are completed accurately.

Verify sales, purchases, receipts, payments, and journal entries.

Review and approve accounting records.

Ensure books are updated on a daily basis.

2. Cash Flow Management

Prepare daily cash position reports.

Monitor cash inflows and outflows.

Plan fund requirements for business operations.

Manage working capital efficiently.

Coordinate with banks for fund management.

3. GST, TDS & Statutory Compliance

Ensure timely GST filings.

Ensure TDS deductions and returns are filed correctly.

Monitor compliance with all statutory requirements.

Coordinate with auditors and consultants.

Handle notices and assessments if required.

4. MIS & Management Reporting

Prepare Daily Business Reports.

Prepare Weekly Performance Reports.

Prepare Monthly Profit & Loss Statements.

Prepare Balance Sheet and Cash Flow Reports.

Present business performance to management.

Daily MIS Should Include:

Sales by business

Collections

Bank balances

Outstanding receivables

Major payments due

Monthly MIS Should Include:

Revenue

Gross Profit

Net Profit

Expenses

Stock Value

Debtors & Creditors

Cash Flow Position

5. Inventory & Stock Control

TVS Dealership

Vehicle stock reconciliation

Spare parts stock monitoring

Claim reconciliation

OEM incentive reconciliation

Retail Stores

Stock verification

Slow-moving stock analysis

Shrinkage monitoring

Inventory ageing reports

6. Banking & Finance

Coordinate with banks for:

OD limits

CC accounts

Vehicle funding

Working capital loans

Term loans

Monitor interest costs.

Prepare documents required by banks.

7. Internal Controls & Fraud Prevention

Implement financial controls.

Monitor cash handling procedures.

Conduct surprise cash audits.

Verify stock movements.

Identify leakages and irregularities.

8. Audit Coordination

Coordinate statutory audit.

Coordinate tax audit.

Coordinate internal audit.

Ensure audit observations are closed on time.

9. Team Management

Recruit and train accountants.

Supervise accounts staff.

Set KPIs for finance team.

Review performance of accounts personnel.

10. Business Expansion Support

Financial feasibility studies.

Project reports for new businesses.

Loan proposals.

Investment planning.

Budget preparation.

Desired Candidate Profile

Education

CA Inter / CMA Inter / MBA Finance

Experience

8-15 years experience.

Automobile dealership or retail chain experience preferred.

Strong knowledge of GST, TDS, Income Tax, Banking, MIS, and Inventory Controls.

Software Knowledge

Tally Prime

MS Excel (Advanced)

Google Sheets

Dealer Management Systems (DMS)

ERP Systems

Key Performance Indicators (KPIs)

Daily

Cash Report submitted before 10 AM.

Bank Reconciliation updated.

Monthly

MIS submitted by 5th of every month.

GST compliance 100%.

Inventory variance below 1%.

Accurate monthly P&L.

Annual

Successful audit completion.

Improved working capital management.

Reduced financial leakages.

Improved profitability reporting.