Assistant Manager(Accounts) - Banking/AMC/MF Mumbai Job Description Template
The Assistant Manager(Accounts) in Banking/AMC/MF will oversee accounting functions, prepare financial reports, and ensure compliance with all financial regulations. The role involves working closely with various departments to support financial operations and reporting, and ensuring all financial records are accurate and up to date.
Responsibilities
- Manage day-to-day accounting operations and ensure accuracy of financial records.
- Prepare monthly, quarterly, and annual financial statements and reports.
- Reconcile accounts and resolve discrepancies.
- Ensure compliance with financial regulations and internal policies.
- Coordinate with auditors and facilitate audit processes.
- Support budgeting and forecasting activities.
- Assist in the preparation of tax filings and compliance documents.
- Monitor and analyze financial performance and present findings.
- Collaborate with other departments to support financial decision-making.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- 3-5 years of accounting experience in the banking, AMC, or MF sectors.
- Strong knowledge of financial regulations and compliance requirements.
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Proficiency in accounting software and MS Office Suite.
- Strong communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
Skills
- Accounting
- Financial Reporting
- Account Reconciliation
- Compliance
- Audit Coordination
- Budgeting
- Forecasting
- Tax Filing
- MS Excel
- Accounting Software
Frequently Asked Questions
An Assistant Manager Accounts in Banking and AMC/MF sectors is responsible for managing financial statements, ensuring compliance with accounting standards, and overseeing daily accounting operations. They assist in budget preparation, analyze financial data, and liaise with auditors and banks. Their role is crucial in maintaining financial accuracy and implementing effective financial strategies.
To become an Assistant Manager Accounts in Banking or AMC/MF in Mumbai, candidates typically need a degree in accounting, finance, or related fields. Professional certifications like CA or ACCA can enhance prospects. Relevant experience in financial management, proficiency in accounting software, and knowledge of banking and investment sectors are essential. Networking and a strong understanding of local regulations are also beneficial.
The average salary for an Assistant Manager Accounts in the Banking/AMC/MF sector in Mumbai varies based on experience, qualifications, and the employing organization. Typically, it ranges competitively within the financial sector, offering opportunities for progression. Salary packages often include benefits such as bonuses and allowances, reflecting the candidate's expertise and the market demand.
Qualifications for an Assistant Manager Accounts position in Banking and AMC/MF sectors generally include a bachelor's degree in accounting, finance, or a related discipline. Professional certifications like Chartered Accountant (CA) or Cost and Management Accountant (CMA) are highly advantageous. Employers also value practical experience in accounting roles, analytical skills, and familiarity with financial regulations.
Skills required for an Assistant Manager Accounts in Banking or AMC/MF include strong analytical abilities, proficiency in financial analysis, and expertise in accounting software. Responsibilities involve preparing monthly and annual reports, ensuring compliance with financial regulations, and managing account reconciliations. Strong communication and organizational skills are also crucial to effectively coordinate with other departments and stakeholders.