About the Role
Requirements
### **Accounts Manager / Accountant**
#### **Role Overview:**
The Accounts Manager or Accountant in a clothing company is responsible for managing financial records, preparing financial reports, and ensuring accurate financial transactions. This role is crucial for maintaining the financial health of the company, supporting decision-making processes, and ensuring compliance with financial regulations and standards.
#### **Key Responsibilities:**
1. **Financial Reporting:**
- Prepare and analyze monthly, quarterly, and annual financial statements.
- Provide detailed financial reports to senior management, highlighting key insights and trends.
- Ensure compliance with accounting standards and regulatory requirements.
2. **Budgeting and Forecasting:**
- Develop and manage budgets in collaboration with department heads.
- Monitor actual expenditures against budgets and provide variance analyses.
- Assist in long-term financial planning and forecasting activities.
3. **Accounts Payable and Receivable:**
- Oversee the accounts payable process, ensuring timely payment of invoices and managing vendor relationships.
- Manage accounts receivable, including invoicing, collections, and reconciliation.
- Ensure accurate and timely recording of all financial transactions.
4. **Cash Flow Management:**
- Monitor and manage the company’s cash flow to ensure adequate liquidity.
- Prepare cash flow forecasts and identify potential cash shortages or surpluses.
- Implement strategies to optimize cash flow and working capital.
5. **General Ledger Maintenance:**
- Maintain the general ledger, ensuring accuracy and completeness of financial data.
- Conduct regular reconciliations of accounts and resolve discrepancies.
- Ensure all financial transactions are properly recorded and classified.
6. **Tax Compliance and Reporting:**
- Prepare and file tax returns, ensuring compliance with local, state, and federal tax laws.
- Stay updated on changes in tax regulations and assess their impact on the company.
- Coordinate with external auditors and tax advisors as needed.
7. **Internal Controls and Audit:**
- Develop and implement internal control procedures to safeguard company assets.
- Conduct periodic internal audits to ensure compliance with policies and procedures.
- Assist in external audit processes and provide necessary documentation.
8. **Financial Analysis:**
- Conduct financial analysis to support business decisions and strategic initiatives.
- Identify cost-saving opportunities and areas for financial improvement.
- Provide financial insights to support pricing, product development, and investment decisions.
#### **Skills and Qualifications:**
- **Education:** Bachelor’s degree in Accounting, Finance, or related field. A Master’s degree or professional certification (e.g., CPA, CMA) is a plus.
- **Experience:** Proven experience in accounting or finance, preferably within the retail or fashion industry.
- **Skills:**
- Strong understanding of accounting principles and financial reporting standards.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
- Excellent analytical and problem-solving skills.
- Attention to detail and high level of accuracy.
- Strong organizational and time management abilities.
- Ability to communicate financial information clearly and effectively.
- Knowledge of tax regulations and compliance requirements.
- Ability to work independently and as part of a team.
#### **Work Environment:**
The Accounts Manager/Accountant typically works in an office environment within the company's headquarters. The role may involve collaboration with various departments, such as sales, marketing, production, and HR, to ensure accurate financial management and support overall business objectives. Periodic interaction with external stakeholders, such as auditors, banks, and vendors, is also common. The position requires a balance of day-to-day financial management and strategic financial planning to support the company's growth and profitability.
About the Company
ZARO INDIA is a leading custom clothing manufacturer, dedicated to providing exceptional quality and unparalleled service. With years of experience in the industry, we have established ourselves as a respected industry leader, serving customers from all over the world. Our commitment to excellence is the driving force behind all our decisions, from sourcing the finest materials to delivering the perfect fit.
At ZARO INDIA, we understand the importance of staying ahead in a highly competitive field. That's why we continuously invest in cutting-edge technology and research to ensure that our products are always at the forefront of fashion. Our team of skilled artisans and designers work tirelessly to create unique and stylish garments that reflect the individuality of our customers.
We take pride in our uncompromising commitment to quality. Every garment that leaves our facility undergoes rigorous quality checks to ensure that it meets our high standards. Our dedication to excellence has earned us the trust and satisfaction of our customers, who rely on us for their custom clothing needs.
Choose ZARO INDIA for your custom clothing requirements and experience the difference that exceptional quality and personalized service can make. We are here to bring your vision to life and create garments that truly represent your style and personality.