Manager Accounts & Finance

The Accounts & Finance Manager plays a pivotal role in the financial management and decision-making process of the production company. They are responsible for overseeing all financial aspects, ensuring compliance with regulations, and providing strategic guidance to support the company's growth and profitability.

PRINCIPAL RESPONSIBILITIES

Financial Operations, Planning and Analysis

Develop and maintain financial models to forecast company revenue, expenses, and cash flow.

Provide strategic financial guidance to support business decisions and initiatives.

Evaluate investment opportunities and conduct financial analysis to assess potential risks and returns.

Assist in the development of annual budgets for the production department, incorporating cost projections and revenue targets.

Responsible to ensure proper standard operating processes in the accounts and ensure effective opening and closing of book of accounts.

Prepare monthly, quarterly, and annual financial forecasts based on production volumes, market trends, and other relevant factors.

Collaborate with senior management to develop long-term financial plans and objectives.

Monitor actual performance against budgeted targets and provide variance analysis to management.

Accounts Monitoring

Responsible to ensure real-time accurate accounting information is available from the divisions and ensure that the reporting officer is provided with the update all the time.

Responsible for doing the payments of utilities, vendors, associates as per the direction of the CEO/VP/Reporting head and on the basis of the timeline.

Prepare accurate and timely financial reports, including monthly, quarterly, and annual statements.

Ensure compliance with accounting standards and regulations in all financial reporting activities.

Responsible for doing the payroll based salary disbursement with the support of the HR department. Ensure that all the documents and details are as per the policy.

Team Management

Manage and mentor a team of finance professionals, including accountants and financial analysts.

Provide training and development opportunities to enhance the skills and capabilities of the finance team.

Foster a culture of accountability, teamwork, and continuous improvement within the finance department.

Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively

Bank & Cash Management

Responsible for reconciliation of cash and bank statements every day for 100% accurate management practice and thereby ensure that the fund is safe and spent only for the necessities.

Manage cash flow by monitoring receivables, payables, and cash balances.

Implement strategies to optimize cash utilization and minimize financial risks.

Coordinate with banks and financial institutions for banking transactions and financing arrangements.

Audit & Statutory Functions

Responsible for control over the transaction through proper auditing of the vouchers, expenses and ensure that all spending are against the budget of the company.

Responsible for calculating all taxes, process and pay all the tax payments on time and coordinate with the CA for the timely filing and updating.

Responsible to oversee and ensure timely completion of all statutory audit procedures.

Responsible for attending tax matters like Sales tax, service tax, VAT, TDS, and statutory Compliances including timely filing of all returns under each of these regulations and laws as appropriate.

Responsible to establish and maintain fiscal files and records to document transactions

Ensure compliance with tax regulations and reporting requirements.

Coordinate with external tax advisors to prepare and file tax returns accurately and on time.

Identify tax planning opportunities to minimize tax liabilities while maintaining compliance.

Coordinate with auditors for annual financial audits and provide necessary documentation and support.

Implement internal controls to safeguard company assets and ensure compliance with policies and procedures.

Stay updated on changes in accounting standards, regulations, and industry best practices.

Inventory & Cost Management

Collaborate with other departments, such as procurement, production, and finance, to align cost management efforts with overall business objectives.

Conduct regular analysis of production costs, including raw materials, labour, overhead, and other expenses.

Work closely with the inventory control team to ensure accurate valuation of inventory and minimize excess or obsolete stock.

Implement inventory tracking systems to optimize inventory levels and reduce carrying costs.

Analyse inventory turnover rates and recommend strategies to improve efficiency.

Identify cost-saving opportunities and efficiency improvements within the production process.

Collaborate with cross-functional teams to implement cost reduction initiatives while maintaining quality standards.

Allocate overhead costs to products based on appropriate cost drivers and allocation methods.

Prepare cost of goods sold (COGS) reports and analyse cost trends over time.

Documentation & Reporting

Generate regular reports on production costs, inventory levels, and cost-saving initiatives for management review.

Present findings and recommendations to senior management in clear and concise manner.

Collaborate with other departments, such as procurement, production, and finance, to align cost management efforts with overall business objectives.

Responsible for responding to inquiries from the FM, MD and Directors and other managers regarding financial results, special reporting requests

Maintain cost accounting records and systems, ensuring accuracy and compliance with accounting standards.

Responsible to Monitor and analyze accounting data and produce financial reports or statements

Generate regular reports on production costs, inventory levels, and cost-saving initiatives for management review.

Job Type: Full-time

Pay: ₹25,000.00 - ₹50,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Paid sick time
• Provident Fund

Schedule:

• Day shift

Work Location: In person

Application Deadline: 08/07/2025
Expected Start Date: 09/07/2025