Senior Executive - Accounts//Naidupeta

Role & responsibilities

Job Overview

The Commercial Accountant will manage the financial operations and commercial aspects of the AAC (Autoclaved Aerated Concrete) block manufacturing unit. This role includes overseeing financial transactions, analyzing costs, and providing financial insights to support business decisions. The ideal candidate should have a strong understanding of accounting principles, cost management, and commercial finance, with a focus on manufacturing operations.

Responsibilities and Duties

• Oversee day-to-day financial transactions, including accounts payable/receivable, and reconciliations.
• Checking of GRN, Consumption, Production APP/ ERP data with Plant MIS and gate entries. Monthly compilation of ERP and PV with necessary remarks from Plant Head and share with HO. Daily flashing ERP stock with Plant Head.
• Physical verification of stock, by every month & coordinate with PH & QC.
• Production entries are performed manually / through APP, plant accountant to perform role of a checker in production entries and rectify the errors observed.
• On a monthly basis, the MIS report & Provision is prepared. Provision is taken properly to get the proper figure to get actual data.
• MIS data to vouch with ERP and necessary actions to ensure rectifications.
• Provided all data like Inward/Consumption as per given timeline.
• Cost Monitoring: Regularly monitor production costs and identify areas where cost efficiencies can be achieved.
• Cost Reduction Initiatives: Propose and implement cost-saving measures without compromising on the quality parameters.
• System Enhancements: Identify opportunities for process improvements and automation in accounting processes to increase efficiency.
• Cross-functional Collaboration: Work closely with production, procurement, and sales teams to ensure financial objectives align with operational goals.
• Management Reporting: Provide regular financial insights and recommendations to senior management to support strategic decision-making.
• To ensure all the GRN & Production entries should be complete in specific timeline with accuracy.
• To ensure inward process i.e. security stamp & verification of Consumable item and Stores & Spares must be followed strictly and crossed verified with inward register.
• To be ensure and follow the process of ABC Analysis for stores & uses of issue slips for consumable & Stores items.
• To ensure and maintain monthly plant level P&L to analysis & control.
• Follow up for Vendor Ledger Reconciliation.
• Conduct financial analysis to provide insights into business performance and profitability.
• Ensure adherence to tax, legal, and regulatory requirements, coordinating with external auditors as needed.

Job Requirements

• Education: Bachelors / master’s degree in accounting, Finance, or a related field. CA/CPA certification is preferred.
• Experience: Minimum of 3-5 years of experience in commercial accounting, preferably in manufacturing or construction industries.

• Skills:

• Proficiency in accounting software (e.g., ERP /SAP/Tally) and MS Excel.
• Strong analytical skills and attention to detail.
• Knowledge of cost accounting and financial analysis.
• Excellent organizational, communication, and reporting skills.
• Familiarity with tax regulations and compliance in the manufacturing sector.