Senior Accountant

Job Title: Senior Accounting Executive Department: Finance & Accounts Reports to: Finance Manager / CFO Location: Plot.No.16, Phase ½, GIDC Estate Naroda, Ahmedabad Industry: Manufacturing (Pumps) Job Overview:We are seeking an experienced Senior Accounting Executive to manage the end-to-end accounting operations for our manufacturing unit specializing in pump production. The ideal candidate will bring deep knowledge of accounting principles, GST regulations, financial reporting, and team leadership. This role requires a proactive professional with strong analytical skills, excellent financial acumen, and hands-on experience in handling statutory compliance and audit processes. Key Responsibilities:Financial Management & Reporting·        Prepare and oversee accurate and timely financial reports, including balance sheets, income statements, and cash flow statements. ·        Lead month-end and year-end closing processes; ensure accurate accounts closure for audit. ·        Perform in-depth financial analysis to assist in decision-making and strategic planning. Compliance & Taxation·        Ensure timely GST filings through the GST Portal, including handling ISD (Input Service Distributor) transaction entries. ·        Maintain a thorough understanding of government GST claim procedures and apply them effectively. ·        Accurately calculate and record TDS and TCS, ensuring correct application of relevant sections and statutory limits. ·        Stay updated with regulatory changes and implement necessary policy adjustments to ensure ongoing compliance. Budgeting & Forecasting·        Assist in developing annual budgets and financial forecasts. ·        Monitor budget vs actual performance and provide variance analysis. Process Optimization·        Identify areas for process improvement within the finance function. ·        Lead and implement initiatives for efficiency, automation, and enhanced financial control. Banking & Treasury Operations·        Manage banking transactions and procedures including: o   Bank Guarantees (BG) o   Fixed Deposit Receipts (FDR) o   Demand Drafts (DD) o   NEFT & RTGS Team Leadership & Cross-functional Collaboration·        Guide and supervise junior accounting staff; ensure high performance and compliance with internal controls. ·        Collaborate with other departments to ensure timely and accurate financial reporting. ·        Support management with insights during financial planning and business strategy discussions. Qualifications & Requirements:Education & Certifications·        Bachelors or Master’s degree in Accounting, Finance, or Commerce. ·        Certified Public Accountant (CPA) or equivalent qualification preferred. Experience·        Minimum 10 years of progressive experience in accounting or finance. ·        At least 5 years in a managerial or supervisory role, preferably in a manufacturing environment. Technical Skills·        In-depth knowledge of accounting principles and financial statements. ·        Proficient in advanced MS Excel (Pivot tables, VLOOKUP, macros, dashboards, etc.). ·        Experience with ERP/accounting software (e.g., Tally, SAP, and Oracle). ·        Strong understanding of financial modelling. Soft Skills·        Strong analytical and problem-solving skills. ·        Excellent leadership, communication, and interpersonal abilities. ·        Ability to communicate financial data to non-financial stakeholders. Key Performance Indicators (KPIs):1.     Accuracy of Financial Reports – Frequency of revisions or errors. 2.     Compliance – Number of audit findings or compliance issues. 3.     Budget Variance – Accuracy of forecasting and adherence to budgets. 4.     Process Improvements – Number and impact of implemented process optimizations. 5.     Team Efficiency – Report timeliness, accuracy, and team productivity. 6.     Cash & Treasury Management – Effective handling of funds and timely statutory payments. 7.     Strategic Financial Input – Contribution to business planning and strategic alignment. Skills to be Tested (During Assessment):Written and Telephonic Test Focus Areas: ·        Advanced Accounting Principles and Financial Statement Analysis ·        GST & TDS/TCS Regulatory Knowledge ·        MS Excel Proficiency (Formulas, Pivot Tables, Macros, Data Visualization) ·        Financial Modelling (Case-based assessments) ·        Analytical Problem Solving (Scenario-based questions) ·        Leadership & Decision-making capabilities Compensation & Benefits:· Competitive salary (based on experience and qualifications) ·        Performance-based incentives ·        Health and wellness benefits ·        Professional development support How to Apply:Interested candidates should send their updated resume and cover letter to hradmin@latteysindustries.com with the subject line “Application – Senior Accounting Executive.”