Role: Assistant Manager – Finance & Accounts

Education: Qualified Chartered Accountant (CA)

Experience: 2-3 years

Department: Finance & Accounts

Reporting To: Senior Finance Manager

Location: Hyderabad

Work Mode: Work From Office

The Position

Zenwork is looking for a qualified and experienced Assistant Manager – Finance & Accounts to join its Finance team in Hyderabad.

This role will be responsible for managing key accounting, financial reporting, taxation, statutory compliance and audit activities for Zenwork Digital India, while also providing accounting and reporting support to other Zenwork group entities, including US subsidiaries, as required.

The position will work closely with the Senior Finance Manager and various internal and external stakeholders to ensure timely financial closure, accurate reporting, strong financial controls and compliance with applicable accounting, tax and regulatory requirements, driving improvements in accounting processes, controls and reporting.

Key Responsibilities

Accounting & Monthly Financial Close

Manage and coordinate the monthly financial closing process and ensure books of accounts are closed accurately and within defined timelines.
Posting and Reviewing accounting entries, general ledger balances and supporting schedules as part of the monthly close.
Prepare and review monthly financial statements, management reports and MIS.
Perform and review balance sheet reconciliations, including bank, vendor, employee, statutory and other key accounts.
Review accruals, provisions, prepaid expenses, fixed assets and other month-end accounting adjustments.
Ensure appropriate accounting treatment in accordance with applicable Accounting Standards, company policies and regulatory requirements.
Maintain adequate documentation and supporting records for material accounting balances and transactions.

Financial Reporting & MIS

Prepare monthly financial and management reports for review by the Finance leadership team.
Analyse key movements in revenue, expenses, headcount costs and other financial metrics.
Prepare monthly variance analysis and commentary comparing actual performance against budgets, forecasts and prior periods.
Identify unusual movements or trends and coordinate with relevant stakeholders to understand and document the underlying reasons.
Support preparation of standalone and consolidated financial statements and related schedules.

Budgeting & Forecasting

Work with Finance leadership and functional teams in preparing annual budgets and periodic financial forecasts.
Coordinate collection and consolidation of departmental budgets and forecasts.
Update actual results against budgets and forecasts on a monthly basis.
Analyse and report significant budget-to-actual and forecast variances.
Support preparation of revised forecasts and other financial projections as required by management.

Accounting Operations

· Oversee day-to-day accounting activities, including: Accounts Payable, Accounts Receivable, Payroll accounting, Fixed assets, Accruals and provisions, Bank and other reconciliations

Review vendor invoices, payments and related accounting entries.
Monitor vendor and other payable balances and ensure timely reconciliation and resolution of open items.
Support accurate recording and reconciliation of intercompany transactions.
Coordinate with relevant teams for customer refunds and ensure appropriate review, approval and accounting of such transactions.
Ensure accounting records are complete, accurate and adequately supported.

Direct Taxation

Manage monthly TDS workings, payments and statutory filings.
Review preparation and filing of applicable TDS returns and related reconciliations.
Coordinate preparation and completion of Income-tax audit requirements.
Support corporate income-tax computations, advance-tax workings and related compliance.
Coordinate transfer pricing audit and documentation requirements.
Support preparation of information required for income-tax assessments, notices and other departmental proceedings.
Coordinate with tax consultants and authorities, where required, for assessments, notices, litigation and other tax matters.

GST & Indirect Taxation

· Manage GST compliance, including preparation and review of: GSTR-1,GSTR-3B, GSTR-9, GSTR-9C, Other applicable GST returns and reconciliations

Review GST input tax credit and output tax reconciliations.
Ensure reconciliation of GST returns with books of accounts and other statutory records.
Prepare and coordinate GST refund workings and refund applications.
Support responses to GST notices, assessments and departmental queries.
Liaise with tax consultants and government authorities, wherever required.

Audit & Regulatory Compliance

Coordinate statutory audits, tax audits and periodic/quarterly financial reviews.
Prepare audit schedules, reconciliations, supporting documents and responses to audit queries.
Work closely with statutory auditors, tax auditors and other professional advisors.
Track audit observations and ensure timely closure of agreed action items.
Ensure compliance with applicable accounting standards, tax laws, corporate regulations and internal financial policies.
Support other regulatory and statutory reporting requirements applicable to the company.

Internal Controls & Process Improvement

Ensure appropriate internal financial controls are followed across accounting processes.
Identify control gaps, process inefficiencies and areas requiring stronger documentation.
Assist in developing and implementing scalable accounting and finance processes.
Drive process standardisation, automation and improvements to reduce manual effort and improve accuracy.
Ensure finance processes are adequately documented through SOPs, checklists and supporting documentation.
Support implementation and optimisation of finance systems and ERP processes.

Customer Refunds & Dispute Management

Coordinate with the Customer Success and Development teams to review and process customer refund requests.
Understand the underlying customer issue, validate supporting details, and ensure refunds are processed accurately and with appropriate approvals.
Review and respond to payment disputes and chargebacks in payment gateway/platform, including submission of relevant supporting documentation and evidence.
Track open disputes, refunds and chargebacks through closure and maintain proper accounting records for all related transactions.
Identify recurring refund or dispute trends and coordinate with relevant teams to address underlying issues and reduce avoidable losses.

Team & Stakeholder Management

Work closely with HR, Customer Success, Engineering, Operations and other internal teams on finance-related matters.
Coordinate effectively with auditors, consultants, vendors, banks and government authorities.
Support Finance leadership on ad-hoc financial analysis, reporting and other projects as required.

Qualifications & Experience

Required

Qualified Chartered Accountant (CA) with 2+ years of relevant post-qualification experience in Finance and Accounting.
Experience in monthly financial closure, reconciliations, financial reporting and statutory audits.
Good working knowledge of Indian direct and indirect taxation, including TDS, GST, income-tax and transfer pricing compliances/audits.
Experience in payroll accounting and statutory compliances, including PF, ESI and Professional Tax.
Strong understanding of accounting standards, internal controls and financial processes.
Advanced working knowledge of Microsoft Excel and other Microsoft Office applications.
Strong analytical, problem-solving and communication skills, with the ability to manage multiple priorities and work effectively with internal and external stakeholders.
Experience with NetSuite ERP or a similar ERP environment.
Experience working with multinational companies, GCCs or multiple legal entities, including exposure to overseas group-company accounting and reporting.
Experience in consolidated financial statements, GST refunds, tax notices/assessments and liaison with government authorities.

Skills & Competencies

Strong accounting, financial reporting and statutory compliance knowledge.
Analytical and detail-oriented approach with strong review and problem-solving skills.
Ownership, accountability and ability to work independently.
Ability to prioritise effectively and meet deadlines.
Strong stakeholder management and cross-functional collaboration skills.
Process-oriented mindset with a focus on controls, accuracy and continuous improvement.

Assistant Manager Finance & Accounts