Accounts Manager

We are seeking a highly skilled and detail-oriented Accounts Manager to join our finance team . This individual will be responsible for managing financial reporting, cost analysis, budgeting, tax compliance, and internal controls. The ideal candidate will have experience in cost accounting and financial management within a manufacturing industry, commodity market etc type of environment, ensuring adherence to U.S. GAAP (Generally Accepted Accounting Principles) and industry-specific regulations.

Roles and Responsibilities

· Financial Reporting:

Prepare and present accurate financial statements, including balance sheets, income statements, and cash flow statements in compliance with U.S. GAAP and company policies. Ensure financial data is reported timely and accurately.

· Cost Accounting s Cost Control:

Oversee the tracking and analysis of production costs, including raw materials, labor, and overheads. Develop cost allocation methods and ensure accuracy in cost of goods sold (COGS). Conduct variance analysis to identify discrepancies and recommend corrective actions.

· Budgeting s Forecasting:

Collaborate with various departments to prepare annual budgets and financial forecasts. Monitor performance against budgets and provide financial insights to ensure efficient cost management and resource allocation.

· Inventory Management s Valuation:

Manage the financial aspects of inventory, including raw materials, work-in-progress, and finished goods. Ensure proper valuation methods (such as FIFO, LIFO, or weighted average cost) are applied and perform periodic inventory reconciliation.

· Tax Compliance s Reporting:

Handle federal, state, and local tax filings, including sales tax, income tax, and other manufacturing-specific taxes (e.g., excise duties, property taxes). Ensure compliance with U.S. tax regulations and optimize tax planning strategies.

· Auditing s Internal Controls:

Coordinate both internal and external audits. Develop and implement internal control procedures to safeguard company assets and ensure compliance with financial regulations.

· Cash Flow Management:

Monitor cash flow and liquidity, ensuring that working capital requirements are met. Assist in cash flow forecasting to support operational efficiency and financial decision-making.

· Financial Analysis s Decision Support:

Provide insights and financial analysis to support management in decision-making processes, such as capital investment decisions, pricing strategies, and cost reduction initiatives.

· Regulatory Compliance:

Ensure adherence to all financial regulations, including U.S. federal and state laws, industry standards, and compliance with Sarbanes-Oxley (SOX) if applicable to the company. Ensure financial reporting aligns with regulatory frameworks and best practices.

· Financial Systems s ERP Management:

Manage financial systems and processes, including integration with Enterprise Resource Planning (ERP) systems (e.g., SAP, Oracle). Ensure financial data is accurate, consistent, and accessible across systems.

· Team Leadership s Development:

Lead and mentor a team of junior accountants, providing guidance, training, and professional development opportunities to enhance team performance and skills.

Qualifications Required:

• CA, MBA Finance, ICFA or any other equivalent field

Experience:

· 5 years of experience in accounting, auditing, or finance management in the manufacturing or commodity Industry.

· U.S. GAAP Knowledge: In-depth understanding of U.S. GAAP and financial reporting requirements.

· Taxation Experience: Knowledge of U.S. federal, state, and local tax regulations, including manufacturing-specific taxes (e.g., excise duties, state sales taxes).

Location:

• Indore, M.P.

Other Skills s Abilities

• Must have the ability to multi-task and organize effectively.
• Must be an effective verbal and written communicator with the ability to influence change and the ability to tailor communications to specific audiences.
• Strong verbal and written communication skills
• Effective when given challenging tasks and assignments.
• Willing to do the detailed work necessary to ensure the success of a project
• Desired Candidate Profile Must be fully conversant with Taxation / Statutory Compliances, Budgeting, Funds Management, Internal Financial Controls, Audit and Reporting, Financial Planning and Analysis, Banking, Dealing with Income Tax, Sales Tax cases, Team Management.

Job Types: Full-time, Permanent

Pay: ₹125,000.00 - ₹200,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift
• Morning shift

Supplemental Pay:

• Yearly bonus

Application Question(s):

• CA, MBA Finance, ICFA or any other equivalent field is required

Experience:

• U.S. GAAP and financial reporting : 5 years (Preferred)
• U.S. federal, state, and local tax regulations: 5 years (Preferred)
• excise duties, state sales taxes: 5 years (Preferred)
• • Financial Reporting: 5 years (Preferred)
• • Cost Accounting s Cost Control: 5 years (Preferred)
• • Budgeting s Forecasting: 5 years (Preferred)
• • Inventory Management s Valuation: 5 years (Preferred)
• • Tax Compliance s Reporting: 5 years (Preferred)
• • Auditing s Internal Controls: 5 years (Preferred)
• • Cash Flow Management: 5 years (Preferred)
• • Financial Analysis s Decision Support: 5 years (Preferred)
• • Regulatory Compliance: 5 years (Preferred)
• • Financial Systems s ERP Management: 5 years (Preferred)

Work Location: In person