Accounts Head | Powerhouse91

Company Overview

Powerhouse91 is a dynamic organization focused on scalable financial solutions and excellence in accounting. The company's culture promotes innovation and operational efficiency while prioritizing robust financial practices.

Job Summary

Powerhouse91 is looking for an Accounts Head to lead the accounting and controllership function. This role is essential for ensuring robust financial reporting, compliance, and accounting processes across the business. The Accounts Head will manage day-to-day accounting functions, ensure month-end closures are conducted smoothly, and oversee statutory compliance and audits, all while collaborating with internal stakeholders to enhance processes and controls as the organization grows.

Responsibilities

• Accounting & Controllership

  • Own the end-to-end accounting function, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and month-end closing.
  • Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
  • Drive accounting under Indian Accounting Standards (Ind AS) and ensure appropriate transaction treatment.
  • Review reconciliations, journal entries, provisions, accruals, and balance sheet schedules.
  • Maintain strong financial controls and accounting processes.

• Statutory Compliance & Audits

  • Ensure timely compliance with Goods and Services Tax (GST), Tax Deducted at Source (TDS), income tax, and other statutory requirements.
  • Coordinate with statutory auditors, tax consultants, and other external stakeholders.
  • Drive completion of statutory audits and ensure timely closure of audit observations.
  • Ensure compliance with applicable accounting standards and regulatory requirements.

• Management Information Systems (MIS) & Reporting

  • Prepare and review monthly financial MIS and management reports.
  • Provide insights on key movements across revenue, costs, working capital, and profitability.
  • Support budgeting, forecasting, and variance analysis in collaboration with the finance leadership team.

• Working Capital & Cash Management

  • Monitor receivables, payables, and working capital cycles.
  • Drive timely collections and vendor reconciliations.
  • Identify opportunities to improve cash flow and working-capital efficiency.

• Process & Controls

  • Strengthen accounting processes, Standard Operating Procedures (SOPs), and internal controls.
  • Identify opportunities for automation and process improvement.
  • Ensure accuracy and integrity of financial data across systems.
  • Support ERP/accounting-system improvements and implementation initiatives.

• Business Partnering

  • Work closely with business, operations, procurement, and other internal teams on finance-related matters.
  • Support the CFO/Finance Head on financial analysis, special projects, and strategic initiatives.

Qualifications

• Education: Chartered Accountant (CA)
• Experience: 4–6 years of post-qualification experience (PQE).
• Skills:
  • Strong experience in accounting, controllership, and statutory compliance.
  • Good understanding of Ind AS, GST, TDS, and audit processes.
  • Hands-on experience managing month-end/quarter-end closures.
  • Strong understanding of balance sheet reconciliations and working capital.
  • Background in a startup, consumer, Direct-to-Consumer (D2C), retail, or high-growth environment preferred.
  • Proficient in Excel/financial modeling; experience with ERP/accounting systems preferred.
  • Strong communication and stakeholder management skills.

Preferred Skills

• Ability to work independently and partner with the finance leadership team on broader business requirements.
• Experience in a fast-paced, hands-on environment.

Experience

4–6 years of relevant experience in accounting and finance roles.

Environment

The role is primarily office-based in Gurgaon, India, within a fast-paced and growing company environment.

Salary

Salary information is not specified.

Growth Opportunities

Opportunities for career advancement within the finance team as the organization continues to scale.

Benefits

Details regarding benefits are not specified.