Finance Executive

Experience Required:

Key Responsibilities

1. Accounting & Financial Operations

• Manage day-to-day accounting activities including data entry, general ledger posting, and invoice processing.
• Ensure accurate bookkeeping in line with accounting standards and company policies.
• Oversee accounts payable and accounts receivable with timely vendor and customer reconciliations.

2. Financial Reporting & Analysis

• Assist in preparation of monthly, quarterly, and annual financial statements (Balance Sheet, P&L, Cash Flow).
• Support management with financial analysis, variance reports, and MIS dashboards.
• Monitor cost trends related to raw materials, production, and logistics.

3. Manufacturing-Specific Financial Management

• Validate production costs, scrap analysis, yield calculations, and consumption reports.
• Coordinate with production, stores, and procurement to verify GRN, consumption data, and costing sheets.
• Support product costing, BOM costing, and margin analysis.

4. Taxation & Statutory Compliance

• Prepare and file GST, TDS, and other statutory returns on time.
• Ensure compliance with statutory regulations related to excise, customs, e-invoicing, and other applicable laws.
• Maintain proper documentation and support statutory audits.

5. Reconciliation & Closing Activities

• Reconcile bank statements, vendor accounts, intercompany transactions, and inventory-related accounts.
• Support month-end and year-end closing, provisioning, adjustments, and accrual entries.

6. Budgeting, Forecasting & Cost Control

• Assist in annual budgeting and periodic forecasting.
• Track budget vs actual performance and highlight deviations.
• Support cost optimization initiatives across plants and operations.

7. Audit & Documentation

• Coordinate with internal and external auditors; provide data and explanations as needed.
• Maintain financial records, vouchers, agreements, and compliance documents systematically.

8. Cross-Functional Coordination

• Work closely with production, procurement, logistics, and store departments to ensure financial accuracy and transparency.
• Assist management in decision-making through accurate financial insights.

Key Skills & Competencies

• Strong knowledge of

  manufacturing finance

  , cost accounting, and production-related financials.
• Hands-on experience in

  GST, TDS, and statutory filings

  .
• Proficiency in

  ERP systems

  (SAP / Tally / Oracle / any manufacturing ERP).
• Good understanding of

  inventory management

  ,

  raw material costing

  , and

  scrap accounting

  .
• Strong analytical skills, attention to detail, and ability to meet deadlines.
• Good communication and coordination skills for working with cross-functional teams.

Qualification

• B.Com / M.Com / MBA (Finance)
• Additional certifications in taxation or cost accounting will be an advantage.