Accounts Manager at TORQ Commodities in Navi Mumbai, Maharashtra, IN

Key Responsibilities:

Accounting & Finalization:

• Lead the finalization of standalone and consolidated financial statements in compliance with IFRS/GAAP and local statutory requirements.

• Manage month-end, quarter-end, and year-end closing activities, ensuring accuracy and timeliness.

• Review and reconcile intercompany transactions, eliminations, and consolidation adjustments for global subsidiaries.

• Supervise GL, AR, AP, fixed assets, and inventory accounting, ensuring proper controls and reconciliations.

• Coordinate with statutory and internal auditors for audits, ensuring compliance and timely closure.

Financial Reporting & MIS:

• Prepare and present MIS reports, P&L statements, and balance sheet analysis at group, company, and business unit levels.

• Consolidate global financial data for management review, highlighting performance trends and variances.

• Conduct variance analysis (Actuals vs. Budget / Forecast) with commentary on key drivers.

• Support management in board, audit committee, and investor presentations.

Budgeting, Planning & Analysis:

• Support the annual budgeting and forecasting process in collaboration with business units.

• Monitor financial KPIs, working capital, and cost structures, providing insights for efficiency improvement.

• Assist in financial planning and decision-making through profitability, cost, and cash flow analysis.

Compliance & Controls:

• Ensure compliance with local and international accounting standards, taxation, and regulatory requirements.

• Strengthen internal controls and accounting policies to ensure accuracy and mitigate risks.

• Liaise with tax advisors, external auditors, and regulatory authorities as required.

Team Leadership & Stakeholder Management:

• Supervise and mentor accounting staff, ensuring effective performance and professional development.

• Collaborate with cross-functional teams across global offices for smooth consolidation and reporting.

• Act as a key liaison between finance and management for financial insights and recommendation