Account Associate

Role Summary:

The Account Associate will manage core finance and accounting activities for our business operations, ensuring accurate cost tracking, statutory compliance, and insightful financial analysis to support corporate decision-making.

Key Responsibilities:

• Prepare monthly, quarterly, and annual financial statements, management reports, and product-wise profitability for the business in line with applicable accounting standards (Ind AS).
• Handle day-to-day accounting: general ledger, accounts payable/receivable, bank reconciliations, vendor and customer accounting, and expense booking, highlight risks proactively and support initiatives to improve cash flow.
• Support cost accounting, including but not limited to:
• Raw material costing, processing costs, utilities, labour, and overhead allocation.
• Batch / SKU-wise costing, variance analysis (standard vs actual), yield and loss analysis, and monitoring of reprocessing / rejects.
• Support inventory accounting for raw materials, packing materials, WIP and finished goods; monitor stock reconciliations with stores/production and conduct periodic physical verifications.
• Prepare and monitor annual budgets and monthly forecasts for operations, sales, CAPEX and overheads; analyse variances and highlight key drivers to management.
• Ensure timely and accurate statutory compliances: GST, TDS, income tax, PF/ESI where applicable, and any regulatory/industry-specific financial filings.
• Coordinate with internal and external auditors; prepare audit schedules, resolve queries, and implement control improvements, especially around material movement, wastages and production reporting.
• Assist in funding, banking and working capital management, including LC/BG documentation, stock statements, and coordination with lenders.
• Develop, document and maintain robust finance SOPs and internal controls over procurement, approvals, credit management, and operational expenditures to enhance speed, accuracy and compliance.
• Coordinate with cross-functional teams (sales, operations, HR, legal) on finance-related matters, including contracts, vendor payments, and employee reimbursements.
• Maintain proper documentation and records for all financial transactions and statutory requirements.

Qualifications & Experience:

• Chartered Accountant (CA) with 3–4 years of post-qualification experience in manufacturing, FMCG, or processing preferred.
• Strong knowledge of Indian accounting standards, cost accounting concepts, and direct/indirect taxation.
• Prior hands-on experience with ERP/accounting systems (SAP, Oracle, Business Central or similar) and advanced Excel.
• Exposure to inventory-heavy environments or process industries is desirable.

Skills & Attributes:

• Strong analytical mindset with high attention to detail, particularly in cost and variance analysis.
• Ability to work closely cross-functionally with production, procurement, sales and quality teams and to challenge data constructively where required.
• Excellent communication and stakeholder management skills.
• High integrity, ownership, and commitment to compliance and confidentiality.