Accountant- Manager- Vapi

Budget- 35,000

To Oversee And Manage The Financial And Accounting Functions Specific To Insurance Operations,

Including Premium Collection, Commission Reconciliation, Vendor Payments, And Regulatory

Compliance. The Accounts Manager Ensures Accuracy In All Financial Transactions And Supports

Management With Timely Reporting And Decision-Making.

Job Title Manager

Department Accounts

Hierarchy Level

Gender Preference Male

Pay Structure 30,000 to 35,000

Reporting To Chartered Accountant/ Managing Director

PRIMARY RESPONSIBILITY

Frequency Tasks/ Responsibilities

Daily Tasks - Record And Verify All Premium Collections, Refunds, And Commission

Transactions..

- Maintain Daily Entries For Receipts, Payments, Invoices, And Journal Vouchers

In Accounting Software (E.G., Tally ERP, Zoho Books).

- Reconcile Daily Bank Transactions Related To Premium Receipts And Payouts To

Agents Or Partners.

- Handle Policy-Related Financial Adjustments, Including Cancellations And

Endorsements.

- Process Vendor Payments, Employee Reimbursements, And Petty Cash Expenses.

-Ensure GST And TDS Entries Are Accurately Recorded For All Financial

Transactions.

- Coordinate With The Operations And Sales Teams To Validate Client And

Premium Data.

Weekly

Tasks

- Reconcile Agent Commission Statements, Premium Receivable/Payable

Accounts, And Insurer Settlements.

- Review Cash Flow Forecasts And Ensure Adequate Funds For Operational Needs.

- Prepare Weekly MIS Reports For Management On Revenue, Collections, And

Outstanding Premiums.

- Conduct Expense Tracking Against Budgets And Flag Variances.

- Verify All Statutory Deductions And Ensure Compliance With Regulatory Timelines.

- Support Hr For Salary Input Validation And Statutory Deductions (PF, ESIC,

TDS).

Monthly

Tasks

- Finalize Monthly Financial Statements (Profit & Loss, Balance Sheet, And Cash

Flow).

- Reconcile All Insurer And Intermediary Accounts For Accuracy In Commission

And Premium Postings.

- Ensure Timely Filing Of GST, TDS, And Other Regulatory Returns.

- Prepare And Submit Monthly Management Reports (MIS) With Business

Performance Analysis.

- Oversee Audit Documentation And Internal Control Checks.

- Verify And Approve Agent Commissions And Incentive Disbursements.

- Assist In Budget Preparation And Financial Planning.

- Maintain Minutes Books & Other MCA/ IRDAI Compliances

JOB SPECIFICATION

1. Position Details

● Job Title: Manager

● Reporting To: Chartered Accountant/ Managing Director

● Location: Vapi - Head Office

● Department: Accounts

2. Educational Qualification

● Bachelor’s Degree (B.Com)

● MBA/PGDM (Preferred, Not Mandatory)

3. Work Experience

● Minimum 4–6 Years Of Experience In Accounting Within An Insurance Or Financial

Services Company.

● Experience In Handling Insurer Reconciliation, Agent Commission Payouts, And IRDAI

Compliance.

4. Technical Skills

● In-Depth Knowledge Of Insurance Accounting Practices (Premium, Claim, And

Commission Accounting).

● Strong Understanding Of GST, TDS, And IRDAI Financial Compliance.

● Proficiency In Tally ERP / Zoho Books / CRM-Based Accounting Systems.

● High Attention To Detail, Accuracy, And Confidentiality.

● Excellent Communication And Coordination Skills With Internal Teams And Auditors.

5. Soft Skills

● Excellent Communication & Interpersonal Skills (English, Hindi; Regional Language Is

A Plus)

● Strong Organizational & Time Management Ability

● High Level Of Discretion & Confidentiality

● Strong Problem-Solving And Decision-Making Ability

● Ability To Multitask And Work Under Pressure

● Proactive, Self-Motivated, And Result-Oriented

6. Personal Attributes

● Strong Knowledge in Respective Field.

● Excellent Communication And Coordination Skills.

● Strong Sense Of Ownership & Accountability

● High Level Of Integrity And Loyalty

● Willingness To Work Beyond Standard Office Hours, If Required

7. Key Performance Areas (Linked To KRAs)

● Premium Accounting & Reconciliation.

● Commission Management

● Financial Reporting & MIS

● Compliance & Statutory Filings

● Expense & Budget Control

● Claims & Refund Settlements

● Internal Controls & Audit Readiness

Job Type: Full-time

Pay: ₹30,000.00 - ₹35,000.00 per month

Work Location: In person