THE ROLE
The Accounts Manager is responsible for maintaining the full spectrum of accounting operations with a particular emphasis on cost accounting, budgeting, and the identification and management of Government schemes, subsidies, and policy benefits applicable to the company. The role bridges day-to-day accounts management with strategic financial intelligence to ensure the organisation maximises every available entitlement under Central and State Government frameworks.
KEY RESULT AREAS (KRAS)
Costing & Cost Control
- Develop and maintain a comprehensive cost accounting system for all product lines separately.
- Calculate cost of production (COP), cost of goods sold (COGS), and contribution margins per SKU.
- Conduct variance analysis between standard and actual costs and report to the GM.
- Identify cost reduction opportunities across raw material procurement, packaging, logistics, and processing.
- Maintain product-wise profitability statements updated on a monthly basis.
Budgeting & Financial Planning
- Prepare the Annual Operating Budget in coordination with department heads, under the direction of the Finance Manager.
- Develop rolling monthly forecasts and compare against actuals; flag variances exceeding defined thresholds.
- Prepare department-wise expense budgets and monitor adherence on a monthly basis.
- Support capital expenditure planning and payback analysis for proposed investments.
Government Schemes, Subsidies & Policy Benefits
- Maintain an updated database of all Central and State Government schemes, subsidies, and incentives applicable to agro-processing, food manufacturing, organic exports, and women-led enterprises.
- Proactively identify and apply for eligible schemes including, but not limited to:
◦ MSME schemes (Credit Guarantee, Technology Upgradation Fund, ZED Certification)
◦ APEDA export incentives and Market Development Assistance (MDA)
◦ SFAC, NHM, and other Ministry of Agriculture schemes
◦ PLI Scheme for Food Processing (Ministry of Food Processing Industries)
◦ Karnataka State-level incentives under KIADB, KSFC, and KVIC programmes
◦ SIDBI and NABARD financing and subsidy windows
◦ Interest Equalisation Scheme for exporters
◦ RoDTEP, MEIS/SEIS (as applicable) for export incentive claims
- Coordinate with government agencies, liaison consultants, and statutory bodies for timely filing, follow-up, and claim realisation.
- Maintain complete records of applications, approvals, disbursements, and utilisation certificates for all schemes.
- Track changes in government policies and budget announcements that may affect the company's entitlements.
Accounts Management & Compliance
- Oversee day-to-day accounting operations including journal entries, ledger maintenance, accounts receivable, and accounts payable.
- Ensure timely and accurate closure of monthly, quarterly, and annual books of accounts.
- Manage statutory compliance: GST returns, TDS deduction and filing, advance tax workings, and coordination with the external auditor.
- Monitor and manage cash flow to ensure adequate working capital at all times.
- Reconcile bank accounts, vendor accounts, and inter-company transactions on a regular basis.
- Maintain fixed asset register, calculate and book depreciation as per applicable accounting standards.
MIS & Reporting
- Prepare monthly MIS reports covering P&L, balance sheet highlights, cash flow statement, and KPI dashboard.
- Submit weekly accounts receivable ageing reports and flag overdue customers to the SGM and Finance Manager.
- Provide costing inputs for pricing decisions and new product launches.
- Prepare ad hoc financial analyses as required by the Finance Manager, SGM, or Founder & MD.
QUALIFICATIONS & EXPERIENCE
· Minimum Qualification- B.Com / M.Com / MBA (Finance) / CMA (Inter or Final) / CA (Inter)
· Minimum Experience- 5 years in accounts and finance roles, with at least 2 years in a managerial capacity
· Sector Preference- Agro-processing, food manufacturing, FMCG, export-oriented units, or MSME sector
· Software Proficiency- Tally Prime, MS Excel (advanced), GST portal.
· Language Proficiency- Proficient in English and Hindi (spoken and written); Kannada is an advantage.
TECHNICAL COMPETENCIES
- In-depth knowledge of cost accounting principles (Standard Costing, Job Costing, Process Costing).
- Strong command of Government schemes, subsidies, and incentive frameworks relevant to agro-processing, MSMEs, and export enterprises.
- Sound understanding of GST, TDS, Income Tax provisions, and Export documentation.
- Ability to read, interpret, and apply Union Budget and State Budget policy changes.
- Proficiency in preparation and interpretation of financial statements as per applicable Indian Accounting Standards.
- Working knowledge of foreign exchange regulations and FEMA provisions as relevant to export transactions.
- Ability to liaise effectively with government departments, banks, NABARD, SIDBI, and statutory auditors.
BEHAVIOURAL COMPETENCIES
- High degree of integrity, accuracy, and attention to detail in all financial work.
- Proactive orientation - actively identifies opportunities (schemes, cost savings, tax positions) without waiting to be asked.
- Strong written and verbal communication in English and Hindi; capable of drafting applications, correspondence, and reports independently.
- Ability to manage multiple deadlines and prioritise effectively in a fast-paced environment.
- Collaborative team player who works well across departments (Purchase, Production, Sales, QC).
- Comfortable interacting with senior government officials, bankers, and auditors.
Pay: ₹45,000.00 - ₹55,000.00 per month
Work Location: In person
