Accounts And Finance Manager

Job Description

Position: Manager Finance, India

Key Responsibilities

1. Accounting & Book Closure

• Oversee end-to-end accounting for the unit, ensuring accuracy and completeness of financial records.

• Drive monthly book closure within defined timelines with proper provisions, reconciliations, and

supporting schedules.

• Review ledger scrutiny, expense classification, and revenue accounting.

• Ensure proper accounting of inventory, production costs, and overhead allocations.

2. Compliance & Statutory Requirements

• Manage and review monthly statutory compliances including:

• GST returns preparation and Filling, reconciliations, and input credit verification,

• TDS deductions, filings (filing is handled by the auditor; therefore, it is not necessary.), and reconciliation

with books

• Income tax compliance and related workings

• Coordinate and support Statutory Audit and GST Audit, including preparation of schedules,

reconciliations, and documentation.

• Ensure adherence to accounting standards, tax laws, and internal financial controls.

3. Inventory & Manufacturing Controls

• Conduct quarterly inventory audits and stock verification in coordination with plant/store teams.

• Monitor inventory valuation, slow-moving stock, and variance analysis.

• Ensure proper accounting of production consumption, wastage, and cost tracking.

• Strengthen systems around material accounting and physical vs. book reconciliation.

4. Financial Supervision & Process Governance

• Supervise the work of the accounting team (3 accountants), ensuring:

• Accuracy in bookkeeping

• Timely posting of entries

• Proper documentation and approvals

• Resolve accounting queries and guide the team on best practices.

• Ensure adherence to SOPs and continuously improve accounting processes.

5. Payments & Transaction Control

• Verify vendor payments with invoices, purchase orders, and approvals.

• Review expense bookings and ensure compliance with company policies.

• Monitor receivables, payables, and working capital indicators.

6. MIS, Reporting & Strategic Finance

• Prepare monthly MIS reports for management including:

• Profitability analysis

• Cost trends and variance analysis

• Working capital and cash flow insights

• Support management with financial data for decision-making.

• Identify cost-saving opportunities and efficiency improvements.

• Provide financial insights to support budgeting, forecasting, and planning.

7. Systems & Data Management

• Ensure effective use of Accounting ERP systems for accurate reporting and controls.

• Use advanced Excel tools for reconciliation, reporting, and analysis.

• Support automation initiatives and process digitization.

Desired Candidate Profile

• CA / Inter CA with 3–8 years experience (flexible based on level).

• Prior experience in manufacturing or plant accounting preferred.

• Strong understanding of GST, TDS, Income Tax, and accounting standards and US accounting

Standards also.

• Hands-on exposure to audits, inventory accounting, and MIS reporting.

• Strong analytical mindset with attention to detail.

• Ability to lead a small team and interact with cross-functional stakeholders.

• Work Location will be Mumbai

Key Competencies

• Financial accuracy & compliance focus

• Analytical and problem-solving skills

• Process orientation and internal control mindset

• Team supervision and stakeholder coordination

• Strategic thinking with operational understanding

More Info

Education