Accounts & Finance Manager
Galaxy Diamonds
Thrissur, Kerala | Department: Accounts & Finance | Full-Time
About Galaxy Diamonds
Galaxy Diamonds is a Kerala-based diamond jewellery manufacturer engaged in both export and import.
About the Role
Lead financial operations — bookkeeping, fund flow, statutory compliance, costing, and MIS reporting — with specific ownership of gold-weight P&L and hedging to manage bullion price risk.
Key Responsibilities
Gold-Weight P&L & Hedging
- Track and reconcile gold-weight P&L — gold issued vs. recovered vs. dust/scrap — to protect margins against price volatility
- Design and monitor gold price hedging strategies (forward booking, metal/gold loans, bullion positions) with Purchase and Management
Accounting, Compliance & Audit
- Ensure accurate daily postings and timely monthly book closure
- Ensure timely GST, TDS, PF & ESI filings; coordinate statutory and internal audits
- Manage export-related documentation and compliance — LC, shipping bills, export invoicing, FEMA/GST
Cash, Gold & Fund Management
- Monitor receivables/payables and ageing; ensure timely billing, invoicing, and vendor payments
- Maintain fund-flow visibility, daily cash, bank & gold-weight reconciliation, and banking relationships
Budgeting, Costing & Reporting
- Prepare annual budgets and enforce budgetary control across departments
- Validate order-wise costing (gold, diamond, labour) and track budget variances
- Deliver P&L, Balance Sheet, Cash Flow, and MIS reports (DSR, MOS, AR/AP) on schedule
Team Leadership
- Supervise the accounts team and drive SOP/ERP adoption across finance
Required Skills & Experience
Industry-Specific Expertise
- Gold-Weight P&L Management
- Gold Price Hedging / Bullion Risk Management
- Export Documentation & Compliance
Core Skills
- Financial Accounting, Statutory Compliance (GST/TDS/PF/ESI) & Audit Coordination — Expert
- Receivables/Payables, Fund Flow & Bank Management — Expert/Advanced
- MIS Reporting, Budgeting & Cost Control — Advanced/Proficient
- ERP/Tally/Excel, Team Leadership, and Communication (English, Malayalam & Hindi (added advantage))
Qualifications
- Bachelor’s/Master’s degree in Commerce, Finance, or Accounting; CA (Inter)/CMA/ICWA preferred
- 7+ years in accounts & finance, including prior experience in a managerial/senior managerial role — mandatory
- Manufacturing industry background — mandatory; exposure to gold/bullion, jewellery, or precious-metals accounting — preferred
Pay: ₹40,000.00 - ₹100,000.00 per month
Benefits:
- Food provided
- Leave encashment
Work Location: In person
