Assistant Accounts & Finance Manager

Assistant Manager – Finance, Finance Department Work Timings: 10:15 am - 7:15 pm Working Days: 5 Days a Week (We Chose Work-Life Balance Over the Education Industry Norm) Work Mode: In-office Location: Marol, Mumbai About IIDE IIDE is India's leading digital business school, offering industry-relevant programs in digital marketing, AI, and business. With a strong focus on experiential learning, we equip students, graduates, and working professionals with the skills required to thrive in today's digital-first world. Backed by a community of 500,000+ learners and 250+ industry experts, IIDE delivers hands-on training, real-world projects, and robust placement support. With campuses in Mumbai and Delhi, we continue to expand our presence across India and globally. About the Role As the Assistant Manager – Finance at IIDE, Mumbai, you will play a pivotal role in managing the organization's financial operations, ensuring accuracy in financial reporting, maintaining statutory compliance, and supporting strategic financial decision-making. This role involves leading a team of accountants, overseeing day-to-day accounting activities, managing financial statements, budgeting, taxation, audits, and cash flow while ensuring adherence to accounting standards and statutory requirements. You will work closely with the Senior Manager – Finance and the leadership team to strengthen financial processes, optimize financial performance, and contribute to the overall financial health and growth of the organization. What You'll Do ● Accounting Operations & Team Management: ○ Supervise, mentor, and manage a team of accountants, providing guidance to ensure accuracy, efficiency, and timely completion of financial activities. ○ Oversee daily accounting operations, ensuring adherence to accounting principles, internal controls, and the mercantile system of accounting. ○ Manage accounting transactions and financial records using Tally, ensuring accuracy and completeness. ● Financial Reporting & Budgeting: ○ Prepare and review financial statements, including income statements, balance sheets, and cash flow statements. ○ Collaborate with the leadership team to develop financial budgets, monitor income and expenses, and ensure effective financial planning. ○ Conduct periodic budget variance analysis, identify deviations, and provide actionable insights to management. ○ Prepare Management Information System (MIS) reports and financial dashboards to support strategic decision-making. ● Taxation & Statutory Compliance: ○ Ensure timely preparation, review, and filing of statutory returns, including GST, TDS, PF, ESIC, and Professional Tax (PT). ○ Maintain compliance with applicable direct and indirect taxation laws, accounting standards, and regulatory requirements. ○ Support income tax-related matters, including tax computations, documentation, and coordination with relevant stakeholders. ○ Monitor statutory deadlines and maintain accurate records to ensure compliance and minimize financial risks. ● Cash Flow Management, Reconciliation & Audit: ○ Assist in managing organizational cash flow, working capital requirements, and financial liquidity. ○ Review and reconcile balance sheet accounts, fixed assets, inventory, and other financial records. ○ Coordinate internal and external audits by preparing necessary documentation, addressing audit queries, and liaising with auditors. ○ Oversee expense management, vendor payments, and financial disbursements, ensuring accuracy and timely execution. ● Financial Finalisation & Process Management: ○ Assist in preparing and monitoring run-rate sheets to track financial performance and operational expenses. ○ Support monthly, quarterly, and annual finalisation of accounts, ensuring timely and accurate financial closure. ○ Review salary calculations and coordinate payroll-related financial activities as required. ○ Identify opportunities to improve accounting processes, strengthen financial controls, and enhance operational efficiency. ● Additional Duties: ○ Support company secretarial and regulatory documentation requirements as needed. ○ Collaborate with cross-functional teams to resolve finance-related queries and ensure smooth financial operations. ○ Provide financial insights and recommendations to support organizational planning and business growth. ○ Perform any other reasonable duties as requested by management, aligned with the broad scope of the position. Requirements Who You Are ● Must-Have: ○ CA-qualified candidates with a minimum of 1–2 years of relevant professional experience, or graduates in Finance and Accounting with 5–8 years of relevant experience. ○ Strong understanding of accounting principles, financial reporting, financial management, and the mercantile system of accounting. ○ Hands-on experience in managing accounting operations, financial reconciliations, budgeting, and finalisation of accounts. ○ Thorough knowledge of statutory compliance requirements, particularly GST, TDS, PF, ESIC, and Professional Tax. ○ Proficiency in accounting software, preferably Tally. ○ Excellent numerical, mathematical, analytical, and problem-solving abilities. ○ Strong leadership capabilities with experience supervising accounting teams and managing multiple financial priorities. ○ Effective communication, interpersonal, and stakeholder management skills. ○ Must be currently residing in Mumbai. ● Should Have: ○ Experience managing audits, coordinating with auditors, and ensuring compliance with regulatory requirements. ○ Practical understanding of cash flow management, working capital planning, and financial budgeting. ○ Experience preparing MIS reports, financial statements, variance analyses, and run-rate sheets. ○ Knowledge of payroll processes, salary calculations, expense management, and vendor payments. ○ Ability to identify process inefficiencies and implement improvements to strengthen financial controls. ● Nice to Have: ○ Prior experience working in the EdTech or education industry. ○ Experience working with a reputed accounting firm or a growth-oriented organization. ○ Familiarity with company secretarial requirements and corporate regulatory compliance. ○ Advanced proficiency in Microsoft Excel and financial reporting tools. Benefits Why Join IIDE? ● Work with one of India's fastest-growing digital education brands. ● Gain exposure to end-to-end financial operations, accounting, taxation, budgeting, and statutory compliance. ● Take ownership of critical finance functions while contributing to organizational growth and financial stability. ● Collaborate directly with senior finance leaders and management on strategic financial initiatives. ● Lead and develop a team while strengthening your leadership and financial management capabilities. ● Be part of a collaborative, high-growth work environment that encourages continuous learning, professional development, and process innovation. Who You'll Thrive As You're someone who: ● Takes ownership of financial operations and is committed to maintaining accuracy, transparency, and compliance. ● Has strong financial acumen and can translate complex financial information into meaningful business insights. ● Enjoys leading and mentoring teams while fostering accountability, collaboration, and high performance. ● Is detail-oriented, analytical, and proactive in identifying financial risks and improving processes. ● Can efficiently manage multiple priorities, meet statutory deadlines, and perform effectively in a dynamic work environment. ● Demonstrates integrity, professionalism, and sound judgment when handling confidential financial information. ● Is passionate about contributing to a growth-oriented organization and supporting its long-term financial success.