Team Lead (Accounting)

Position Title: Team Lead – Accounting
Department: Finance
Reports To: Head of Finance / Finance Manager
Job Purpose
To lead the accounting team in managing end-to-end financial operations, ensuring accurate reporting, compliance with standards, effective payroll management, and supporting organizational growth through efficient processes and strong financial controls.

Key Responsibilities

• Supervise and manage the accounting team in daily operations.
• Oversee accounts payable, receivable, reconciliations, and general ledger management.
• Ensure timely month-end and year-end closing and preparation of financial statements.
• Manage payroll processing, including salary calculations, deductions, overtime, and final settlements.
• Calculate and ensure compliance with payroll-related taxes and statutory contributions (e.g., social security, provident fund, withholding tax).
• Develop, document, and implement accounting policies and internal controls.
• Prepare and monitor budgets, forecasts, and financial planning.
• Ensure timely and accurate posting of all transactions into ERP/accounting systems.
• Support management with financial insights, variance analysis, and decision-making data.
• Lead process improvement initiatives and adoption of digital tools/ERP upgrades.
• Train, mentor, and evaluate accounting team members to enhance performance and efficiency.
• Maintain organized records and ensure compliance with regulatory and company policies.
• Collaborate with different departments for their expenses and queries.

Qualifications

• Bachelor’s/Master’s in Accounting, Finance, or Commerce.
• Professional certification preferred (Part Qualified ACCA, ICMA, MBA).

Experience

• 4–5 years of experience in accounting/finance.
• At least 2 years in a supervisory/team lead role.
• Experience with ERP/accounting systems (Oracle, QuickBooks).

Skills & Competencies

• Strong leadership and team management skills.
• Solid understanding of payroll systems and statutory compliance.
• Analytical, problem-solving, and decision-making abilities.
• Proficiency in MS Excel and financial reporting tools.
• Strong communication and interpersonal skills.

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