The Deputy Manager Accounts Incharge Plant will play a pivotal role in overseeing the overall accounting, book finalization, monthly MIS & Reporting, Internal control and compliances in manufacturing unit. This role is responsible for ensuring internal control, implementing company standard operating procedure , process improvement , TDS & GST compliances, MSME compliances, correct and timely disbursement etc. to vendors.
KeyResponsibilities
1. Ensuring correct and timely recoding of Accounts Payable.
- Ensuring correct vendor master as per company policy and SOP
- Ensuring that all payable (both Material & Services) are appropriately approved and timely recorded
- Proper control over shortage / rejected / price difference debit note
- Ensuring timely disbursement to AP as per Company Policy / Legal compliances
- Ensuring Correct deduction of TDS and correct GST input / accounting
- Ensure that the invoices for goods and services are processed with accuracy in terms of pricing, quantities, and terms of agreement
- Ensure maintenance of accurate and up-to-date records of all invoices, payment transactions, and approvals for audit purposes
2. Year End / Month end Closing & Statutory Audit
- Ensure periodical account reconciliation with vendors and balance confirmation. Discrepancies, if any are identified and resolved promptly
- Ensure monthly reconciliation of accounts payable ledger and timely month/ year-end closing process
- Control over MSME / GST / Income tax regulation
- Response to auditors queries as per TAT defined
- Ensure closure of GSTR2B unreconciled items
- Monthly closing, provisioning and reporting to management before due date Financial statement of Plant as per defined format
- Monthly / Yearly closing activities, including Bank reconciliation, Assets and Liabilities review and settlement of any over due outstanding.
3. Fixed Assets control, addition & deletion , depreciation calculation and accounting
- Monthly Review of CWIP and ensuring timely booking of fixed assets
- Fixed assets addition / deletion details on monthly basis
- Correct GST input on fixed assets
- Depreciation calculation as per company act and income tax act
- Fixed assets register as per defined format
- Ensuring proper FA tagging on Assts
- Yearly physical verification of assets
4. Timely and Correct disbursement
- Schedule and ensure that payments are processed to suppliers on time in accordance with payment terms
- Establish control to avoid any duplicate payment / wrong RTGS etc.
- Ensure all payments are in line with the company's financial policies, tax regulations, and internal controls
- Ensure timely and accurate payments related to taxes such as withholding taxes and GST (if applicable)
5. Inventory Valuation and control
- Monthly valuation of inventory ( RM/WIP/ FG Mfg/ Traded items etc)
- Ensuring timely dispatch of rejected materials to suppliers
- Half yearly physical verification of inventories
- FG Qty reconciliation ( OB- Inward outward CB)- Trading and manufacturing
- Control over slow / non moving inventories
6. Stakeholder Engagement
- Collaborate with external auditors, Plant Head / Purchase head to ensure compliance and resolve any issues related to financial matter of Plant
- Coordinate with other plant / HQ regarding disbursement of overdue outstanding, TDS / GST Compliances / Monthly closing
Key Competencies
- Deep knowledge of accounting principles, financial reporting standards, and statutory regulations, particularly for large, multi-divisional organizations
- Proficiency in accounting software and ERP systems homegrown as well as SAP
- Strong troubleshooting abilities in financial processes
- Strong MS Excel skills for financial analysis and reporting
Qualifications and Experience:
Education: CA/CMA
with experience inFinance, Accounting, or a related field. Experience:
Must have exposure in Managing account & finance in Manufacturing set up.
- Minimum 6-8 years of experience in accounting, auditing, and financial reporting in Manufacturing facility.
- Experience in managing financial processes for a newly / running Manufacturing set up.
Location- Bhiwadi _Rajasthan
Skills:
- Strong analytical skills to interpret financial data and provide actionable insights to senior management
- Strong team management and leadership skills
- Proactive in identifying discrepancies and resolving audit queries, statutory compliance issues, and process bottlenecks
- Effective communication skills
Interested candidates can share their profile on [HIDDEN TEXT].
