Manager of Accounting & Financial Reporting Salary (India)
A Manager of Accounting & Financial Reporting earns an average salary of Rs 778,829 per year. Experience strongly influences income for this job. Most people move on to other jobs if they have more than 20 years' experience in this field.
|Range||Rs 0Rs 2M|
|Salary||Rs 324,000 - Rs 2,000,000|
|Bonus||Rs 4,932 - Rs 366,064|
|Profit Sharing||Rs 10,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|Rs 326,173 - Rs 2,689,838|
Job Description for Manager of Accounting & Financial Reporting
Managers of accounting and financial reporting are responsible for providing a variety of financial and account support for their company and clients. They are responsible for all aspects of the financial reporting, including internal controls and payroll services. Managers of accounting and financial reporting also approve purchasing decisions and maintain records for tax purposes. Additionally, they record cash and card transactions (including keeping receipts), communicate with financial institutions, and arrange bank deposits. These professionals also must keep a file of vendor invoices and monitor accounts receivable.Read More...
Other tasks performed by managers of accounting and financial reporting include participating in business development, identifying new opportunities, preparing accurate financial reports, and managing accounting discrepancies to eliminate economic losses. They work effectively with management to prepare budgets, as well as tax forms. They analyze financial data, compare planned budgets and actual expenditures, work close with other business operations, and control managers to facilitate paperwork and increase financial transparency. In addition, They maintain strong relationships with executives within their organization and outside clients. In all tasks, these managers must follow specific accounting guidance set forth by their company, as well as strict regulatory standards.
To be successful in this position, managers of accounting and financial reporting should have strong interpersonal skills, be results oriented, have advanced financial knowledge, and be able to use their leadership abilities to motivate other financial professionals to reach all company objectives. They must also have excellent knowledge of auditing practices and methods. A bachelor's degree in accounting, finance, or a related field is needed for this position. Additional industry and leadership certifications may be preferred. (Copyright 2018 PayScale.com)
Manager of Accounting & Financial Reporting Tasks
- Manage all general ledger transactions and prepare reports and analyses.
- Provide regular and ad hoc reports, forecasts, and tax returns.
- Develop, implement, review, and evaluate procedures and policies.
- Hire, train, evaluate, and mentor accounting staff.
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