130 Plant Accounting Jobs - Page 6

Role & responsibilities Role & Key Deliverables This position is to provide an effective Financial Accounting & Control for Manufacturing & Commercial function for Plant. Essential Duties and Responsibilities 1. General accounting & book closure - Performing General Ledger Scrutiny & reconciliations on Monthly/Quarterly/Yearly basis - Ensuring compliance with Month End Check list for month end closure as per organizational requirement - Review & Booking of Accruals through close coordination with cross functional teams to ensure completeness & accuracy - Review & Booking of Prepaid expenses through close monitoring & regular updating - Ensure Balance sheet GL SL reconciliation for key GLs on Monthly/Quarterly basis 2. Statutory, Internal & other Audit Support - Preparation of Balance Schedules in the format circulated by Central Audit team - Ensure that all schedules are tied up with GLs & necessary reconciliation provided - Providing necessary input for periodic internal audits & inspections - Coordination for Internal & external Physical Inventory verifications - Assessing & addressing various audit queries raised during Statutory/ Tax/ Transfer Pricing/ Physical Verification/ & departmental audits conducted by Internal/ External or departmental authorities 3. Expenditure Monitoring & Controls - Monitor major admin expenses (Vehicle Running/Guest House/Hotel/Canteen/Housekeeping/Security etc.) - Preparation of MIS & review trends wrt to Budgets & previous periods - Regular reviews with Plant Admin & Management team for control & improvements 4. Tax Compliance - Validation of periodic returns data for GST/TDS/TCS or any other statutory return/information that required to be furnished as per requirement - Responding to tax notices/queries raised by various statutory authorities - Ensuring Tax GL reconciliation with ERP GL on monthly/periodic basis - ITC matching with 2A/2B & relevant accounting effects (eg. Reversal, deferral etc.) - Coordination for various Departmental audits - Furnishing required inputs/details in a timely manner to facilitate departmental audit/inspection 5. Capex Accounting, Monitoring & Tracking - Monitoring Capex with respect to PO/LOI commitment - Validation of Note for approval (NFA) for proposed capital expenditure against respective budgets - Review of CWIP List for long pending items & ensure its timely settlement - Coordination for installation confirmation from user/buyer for timely capitalization - Preparation of Monthly asset register & submission for further review - Ensuring Physical Verification & Tagging of assets as per guidelines - Facilitating Disposal/Transfer of assets as per guidelines & approvals - Ensuring appropriate accounting effects wrt to assets acquisition/transfer/disposal & scrapping of assets

Position Title: Head of Accounts / Finance Experience: 15 yrs in Manufacturing Industry (preferably Automotive Industry) Qualifications: M.Com Postgraduate (or) – Inter passed – ICWAI / CA Work Location: SIPCOT, Sriperumbudur, near Chennai Job Summary: 1) To handle entire accounting upto finalization 2) Preparation of P & L and Balance sheet 3) Working with Internal and statutory Auditors 4) Ensuring IT Returns and compliance of ROC filings with Company secretary 5) Computing of statutory taxes (ESI, PF, TDS, TCS, GST and Professional Taxes etc) 6) Liaison with Govt Agencies, DGFT etc 7) Preparation of Cash flow statements, week wise 8) Follow-up with Debtors for collection 9) Reconcile statement of Accounts, Monthly with Debtors and Creditors 10) Preparation & Monitoring of Monthly Factory Expense budgets 11) Maintain Fixed Asset Register 12) Maintain costing sheet for all plastic components 13) Monitor Raw material consumption 14) To discuss with Bank officials to increase Working Capital / Term Loan requirements 15) Submission of Dashboard reports with Management on a weekly basis 16) Working closely with Plant Head 17) Provide guidance to the Accounts team whenever required to improve their performance 18) Should walk to shop floor to observe wastages 19) To provide suggestions for improvements on a periodical basis Expectations: 1) M.Com graduate with 15 years of manufacturing industry accounting experience 2) ICWAI / CA (inter) can also apply with aforesaid experience 3) Should have handled atleast 3 members team 4) Should be keen for continuous learning through training 5) Should posses high level of energy to meet the requirements of a growing company

KRA To oversee accounts functions of the plant. Ensure financial reporting as per Indian GAAP. Support to management in controlling & MIS Reporting. Drive various improvement activities in SAP. Drive Cost Saving / Optimization Initiative of Plant. Required Candidate profile A manufacturing company is Responsible for overseeing all financial aspects of a specific manufacturing plant, ensuring accurate financial reporting, cost management, and compliance with regulations.

Job Description: Role : Supply Finance Manager - Commercial Location : Hyderabad Job Purpose Responsible for planning, directing and monitoring the activities related to the company's costs systems and analysis of product costs (Prime Cost) including details for raw materials and packaging materials. Responsible for managing the governance / control, analysis and planning of Prime Cost (RM/PM) What are we looking for? 1. Directly co-pilots commercial team on prime cost management at factory. 2. Owns design and implementation of process and governance at factory. 3. Expected to manage data and comply with process, internal controls, and ensure compliance with accounting principles with a strong understanding around systems (SAP) 4. Special projects What will be your key responsibilities? Serve as the Finance Co-pilot to the Commercial Director and factory management team providing financial advice to ensure sound financial and operational decisions. Support strategy and implementation, developing and evaluating longer term strategies, forecasts and investment plans. Manage the processes of the Factory financial shaping and financial forecasting, analysis, management accounting and reporting. Including identifying business issues and opportunities and making recommendations for future actions. Provide reliable and timely financial data to key stakeholders to support the decision-making process. Improve, and ensure compliance with internal processes and implement necessary control procedures to ensure achievement of factory business and company objectives. Instill strong cost control and planning discipline to assist commercial team in controlling Prime Cost. Working on FA / AP / CO module in SAP for the manufacturing site. Manage the processes of product costing, intercompany transfer price calculation. Tracking and reporting of periodic Commercial spends. Supporting preparation of business case for new product initiatives. Lead and manage the monthly and annual book closing process. Managing and controlling the inventory process for the factory. Support the central S&F Team during statutory and tax audit by providing timely and quality data. Drive DIB (Do it best productivity) initiatives under Prime cost.

Position: Senior Manager(Plant Finance) Department: Finance Location: Himachal Pradesh Qualification & Experience: Chartered Accountants (Mandatory), additional CMA will be preferred. Minimum of 12-15 years of experience in plant accounting or a similar role in Manufacturing or Pharma Industries is preferred. Strong knowledge of financial regulations and compliance requirements SUMMARY OF THE OVERALL JOB Senior Manager Plant Accounts is responsible for overseeing the financial operations of the plant, including budgeting, reporting, auditing, Inventory and working capital management, and compliance. This role ensures accurate financial management and supports strategic decision-making to enhance plant operational efficiency, contributes to reduction of wastages and enhances overall profitability . KEY RESPONSIBILITIES: Plant Annual Budget Opex -and Capex: Develop and manage the plant's annual operating (Opex) and capital expenditure (Capex) budgets. Monitor monthly and quarterly budget performance and provide regular updates to senior management. Exposure of New plant project accounting and Capital project financial feasibility evaluation ie Calculation of NPV, IRR and Pay -back period etc. Play Business partner role in optimization of Operation Overheads budgeting and Capital Expenditure budgeting through validation of quotations etc. Monthly MIS Reports and Variance Analysis: Prepare and present monthly Management Information System (MIS) reports. Conduct variance analysis to identify discrepancies between budgeted and actual figures and recommend corrective actions. Monthly, Quarterly and Annual Closing along with Statutory compliances of Direct Tax and Indirect Tax and Statutory Audit compliances. Oversee the monthly, quarterly and annual financial closing process, Provisioning and periodic reconciliations, amortization, calculation of depreciations etc. Coordinate with external auditors for statutory and tax audits, arrange audit details and required schedules and ensure compliance with all regulatory requirements. Internal Audit Coordination and Responses: Collaborate with internal auditors to facilitate audit processes. Address audit findings and implement recommended improvements Batch Costing weekly reports and monitoring along with Annual standard Working, Monitoring of Budget vs Actual Cost as per Standards : Perform weekly and batch costing analysis and finalization of products annual Time and Yield Standards and monitory against actual performance. Continuously monitor and compare budgeted costs against actual expenses to ensure cost control, Cost accuracy and cost efficiency. Prepare and analyze weekly reports on batch yield and time variances. Identify trends and areas for improvement. Working Capital Managements and MSME payments monitoring and Compliances. Track and manage payments to Micro, Small, and Medium Enterprises (MSMEs) to ensure timely and accurate disbursements. Effective management and control of working Capital, Inventory controls, Over dues customer collection and wastages controls . Product Costing and analysis of Products Cost Components and operation efficiency of Batch Size and product Mix working knowledge of Pharma and Manufacturing Industries . Must have exposure of Product Costing and allocation of Indirect cost to products based on appropriate cost drivers. Provide financial insights to support pricing and profitability decisions based on historical data analysis. Calculation of day-to-day product COGS for Business decision based on standards and BOM data. Ensuring Timely Completion of All Statutory Compliances Related to FA Ensure all statutory compliances related to the Finance and Accounts (FA) department are completed on time. Maintain up-to-date knowledge of relevant laws and regulations, TDS, GST, ESI and PF etc. Timely Approving of Indents: Review and approve purchase indents in a timely manner. Ensure procurement processes align with budgetary constraints and operational needs. COMPETENCIES: Building effective team Decision making and judgement Business Acumen and Perceptive Innovative Thinking Industry and Market Knowledge Accountability and Ownership Coaching and Mentoring QUALITIES: E xcellent analytical, problem-solving, and decision-making skills. Proficiency in accounting software and MS Office Suite, SAP, Strong communication and interpersonal skills. Strong in Presentation Skill and preparation of Presentation to management. Flexible working and stretch for extended hours as per business need