Company Name: Machinfabrik Industries Pvt. Ltd.
Company website: https://www.machinfabrik.com
Position: Assistant Manager
Department: Accounts
Job Location: Rabale
Qualification: B.Com / M.Com / MBA (Finance)
Experience: 5-8 years
1. Job Purpose:
To manage day-to-day accounting operations, financial reporting, taxation, statutory compliance, accounts payable and receivable, and financial control activities. Ensure accurate accounting records, timely payments, cost monitoring, and compliance with applicable financial regulations in a machine manufacturing environment.
2. Key Roles & Responsibilities:
A. Accounting & Financial Management:
- Strong knowledge of accounting.
- TDS and GST related knowledge is essential.
- Knowledge of Banking and its operations.
- Preparation of TDS and GST data and returns.
- Manage daily accounting transactions and maintain books of accounts.
- Handle general ledger, journal entries, bank reconciliation and cash management.
- Prepare monthly, quarterly and annual financial statements.
- Monitor expenses, income and cash flow.
- Ensure proper accounting of purchases, sales, expenses and fixed assets.
B. Accounts Payable & Receivable:
- Supervise vendor payments and customer collections.
- Verify supplier invoices, purchase bills and supporting documents.
- Coordinate with the Purchase and Stores departments for GRN, purchase bills and material reconciliation.
- Monitor outstanding receivables and payables.
- Ensure timely processing of vendor payments as per agreed credit terms.
C. GST & Taxation:
- Handle GST returns (GSTR-1, GSTR-3B) and reconciliation.
- Ensure proper GST input tax credit (ITC) reconciliation.
- Handle TDS calculations, payments and return filing.
- Coordinate for income tax assessments and statutory audits.
- Ensure compliance with applicable taxation laws.
D. Manufacturing Costing & Inventory Accounting:
- Monitor product costing, production costs and job work expenses.
- Analyse raw material, WIP (Work in Progress) and finished goods valuation.
- Coordinate with Production and Stores departments for inventory reconciliation.
- Monitor material consumption, scrap and wastage costs.
- Prepare job-wise / machine-wise cost reports.
- Analyse actual manufacturing costs against estimated budgets.
E. MIS & Financial Reporting:
- Prepare monthly MIS reports and financial statements.
- Analyse expenses, profitability and cost variations.
- Prepare budget versus actual expenditure reports.
- Monitor working capital and cash flow requirements.
- Provide financial data and reports to management for decision-making.
F. Audit & Compliance:
- Coordinate internal, statutory and tax audits.
- Maintain proper documentation and accounting records.
- Ensure compliance with company policies and statutory requirements.
- Implement internal financial controls and accounting procedures.
G. Team Management:
- Supervise and guide the accounts team.
- Allocate daily accounting activities and monitor performance.
- Coordinate with Purchase, Stores, Sales, Production and HR departments.
- Ensure timely completion of monthly and annual closing activities.
3. Required Skills & Competencies:
- Strong knowledge of accounting principles and financial management.
- Good understanding of GST, TDS and statutory compliance.
- Knowledge of manufacturing costing and inventory accounting.
- Proficiency in Tally ERP / Tally Prime and MS Excel.
- Knowledge of ERP systems and accounting software.
- Strong analytical and problem-solving skills.
- Good communication and coordination skills.
- Ability to manage multiple accounting activities independently.
4. Key Performance Indicators (KPIs):
- Accuracy and timely closure of monthly accounts.
- Timely GST and TDS return filing.
- Timely vendor payments and customer collections.
- Accuracy of inventory and cost reconciliation.
- Reduction in outstanding receivables.
- Accuracy of MIS and financial reports.
- Timely completion of audits.
- Effective control over manufacturing expenses.
- Exposure to audit related work would be an added advantage.
5. Desired Candidate Profile:
- 5–8 years of experience in Accounts & Finance.
- Experience in a machine manufacturing, engineering or industrial manufacturing company is preferred.
- Strong practical knowledge of GST, TDS, taxation and financial reporting.
- Experience in inventory accounting, manufacturing costing and vendor management.
- Should be capable of independently handling day-to-day accounts operations.
Note : Required candidates from Mumbai/Navi Mumbai/Thane and nearby area only.
Pay: ₹45,000.00 - ₹50,000.00 per month
Benefits:
Work Location: In person
