Accounts Manager - Navi Mumbai

Position Title: Accounts Manager Organization: Kidzonia Preschool Location: Navi Mumbai (Head Office) Department: Finance & Accounts Reporting To: Head – Finance / CFO (Managing Director / Founder ) Role Purpose: The Accounts Manager is responsible for end-to-end accounting, financial controls, statutory compliance, reporting, and financial support for Kidzonia Preschool, covering corporate office, company-owned centers, and franchise operations . The role ensures financial accuracy, compliance, transparency, and timely reporting to support business growth. Key Objectives: Maintain accurate and compliant financial records Ensure statutory and tax compliance Strengthen financial controls and audit readiness Support management with timely financial insights Key Responsibilities: 1. Accounting & Bookkeeping Manage day-to-day accounting operations , including: General ledger maintenance Journal entries and adjustments Bank, cash, and inter-company reconciliations Ensure accurate recording of: Franchise fees Royalty income School fees (company-owned centers) Vendor payments and expenses Maintain proper accounting records in ERP / accounting software 2. Financial Reporting & MIS Prepare and present: Monthly, quarterly, and annual financial statements Profit & Loss, Balance Sheet, and Cash Flow reports Generate MIS reports for management, including: Center-wise performance Franchise revenue and collections Budget vs actual analysis Support management decision-making with financial insights 3. Budgeting, Forecasting & Cost Control Assist in preparation of: Annual budgets Financial forecasts Monitor expenses and highlight variances Support cost optimization initiatives across departments Track ROI and unit economics for centers and franchises 4. Statutory Compliance & Taxation Ensure compliance with: GST (returns, reconciliations, audits) TDS (deductions, payments, returns) Income Tax provisions Coordinate with tax consultants and auditors Handle notices, assessments, and departmental queries Ensure timely payment of statutory dues 5. Accounts Payable & Receivable Management Oversee: Vendor payments and ageing Employee reimbursements and advances Track: Franchise fee and royalty receivables Center fee collections Follow up on outstanding dues and support recovery efforts 6. Payroll & Employee Compensation Support Coordinate payroll processing with HR: Salary disbursements Statutory deductions (PF, ESI, PT) Ensure payroll compliance and accurate accounting entries Manage payroll-related reconciliations and records 7. Audit & Internal Controls Prepare for: Statutory audits Internal audits GST and tax audits Ensure availability of: Supporting documents Reconciliations and schedules Strengthen internal controls to prevent errors and fraud Implement audit observations and corrective actions 8. Franchise & Center Finance Support Support franchise team with: Franchise agreement financial clauses Fee structures and invoicing Guide franchise partners on: Royalty calculations Reporting formats Monitor compliance with financial terms of franchise agreements 9. Banking, Cash Flow & Treasury Manage: Bank accounts and transactions Cash flow planning and monitoring Coordinate with banks for: Facilities, if any Documentation and compliance Ensure adequate liquidity for operations 10. Documentation & Record Management Maintain proper documentation for: Contracts and agreements Invoices and vouchers Statutory records Ensure data accuracy and confidentiality Support digitization and process improvements Key Performance Indicators (KPIs) Accuracy and timeliness of financial reports Statutory compliance adherence (zero penalties) Audit closure timelines Receivables ageing and collections Budget variance control Stakeholder Management Internal Management & Founders Franchise Development Team Operations & Academics Teams HR & Admin External Auditors and Tax Consultants Banks and Financial Institutions Regulatory Authorities Vendors and Franchise Partners Qualifications & Experience Educational Qualifications B.Com / M.Com / CA-Inter / CMA-Inter CA / CMA preferred for senior profiles Experience 6–12+ years of experience in: Accounts & finance roles Education / franchise / retail industry preferred Strong hands-on experience with: GST and TDS ERP / accounting software (Tally, Zoho, SAP, etc.) Skills & Competencies Strong accounting and compliance knowledge Analytical and detail-oriented mindset ERP and Excel proficiency Time management and multitasking ability Strong coordination and communication skills High integrity and confidentiality Working Hours Full-time, office-based role Extended hours during audits and month-end closures Compensation & Benefits Competitive fixed salary Statutory benefits as per company policy Career Progression Senior Accounts Manager Finance Controller Head – Finance / CFO