Position: Deputy Manager
Location: New Delhi
Experience- 8+ Years
Company Name: BAIDYANATH
Website: https://www.baidyanath.co.in
Industry: manufacturing and marketing of FMCG
Employment Type: Full-Time
The candidate should possess hands on Experience in handling following matters:
- Financial accounting and finalization of accounts.
- Cost accounting and manufacturing cost analysis.
- GST, Income Tax, TDS and other statutory compliances.
- Internal, statutory, tax and cost audits.
- Budgeting, MIS and financial reporting.
- Working capital management and Funds flow monitoring and Liquidity Management.
- Banking and DMAT operations.
- ERP-based accounting systems.
- Dealing with statutory authorities, auditors, banks and financial institutions.
- Exposure to Companies Act, Accounting Standards.
- Working knowledge of IND-AS, and corporate governance requirements.
C. Key Result Areas (KRAs)
1. Financial Accounting & Reporting
- Ensure accurate and timely maintenance of books of accounts.
- Finalization of monthly, quarterly and annual financial statements.
- Preparation and submission of MIS reports to management.
- Ensure compliance with applicable Accounting Standards (INDAS) and statutory requirements.
- Knowledge of Finance AI tool such as ChatGPT, Claude and Microsoft Copilot
- Knowledge of finalization of books of accounts as per INDAS and completion of round the annual audit cycle.
2. Taxation & Statutory Compliance
- Ensure timely compliance with GST, TDS, Income Tax and other statutory laws.
- Review and filing of statutory returns.
- Handle departmental notices, assessments and reconciliations.
- Monitor changes in tax laws and ensure implementation.
- Knowledge of GST Refund process and structure.
3. Audit Management
- Coordinate and facilitate Internal Audit, Statutory Audit, Cost Audit and Tax Audit.
- Ensure timely resolution of audit observations.
- Strengthen internal controls and compliance systems.
4. Budgeting & Cost Control
- Preparation of annual budgets and periodic forecasts.
- Variance analysis between actual and budgeted performance.
- Monitoring manufacturing costs and profitability.
- Recommend cost optimization measures.
5. Working Capital & Treasury Management
- Monitor cash flows, fund requirements and liquidity.
- Optimize working capital through effective receivables, payables and inventory management.
- Coordinate with banks for credit facilities and financial transactions.
6. Accounts Receivable & Payable Management
- Monitor customer collections and vendor payments.
- Ensure ageing analysis and follow-up of outstanding receivables.
- Maintain healthy creditor and debtor balances.
7. Internal Controls & Risk Management
- Establish and monitor robust internal financial controls.
- Identify financial and compliance risks and recommend corrective measures.
- Prevent revenue leakage and financial irregularities.
8. Team Leadership & Process Improvement