Senior Finance & Accounting ( Manufacturing background)
Location : Bangalore
Exp : 4+ yrs post qualification
Qualification : CA
Salary : 15 - 20 LPA
Role Summary
The Senior Finance Executive will manage end-to-end accounting for the India legal entity and support monthly
reporting requirements of the India Business Unit in line with corporate timelines. The role requires strong month-end
close discipline, hands-on bookkeeping, and the ability to work closely with plant/warehouse teams on inventory
accounting, while ensuring statutory compliance and audit readiness.
Key Responsibilities
Month-end close & bookkeeping
- Execute month-end close: post journals (accruals, provisions, reclasses), ensure cutoff accuracy and completeness
of books.
- Maintain general ledger in ERP; ensure proper tagging by cost center, project and account codes aligned to
corporate reporting packs.
- Prepare and review reconciliations: bank, AR/AP ageing, advances, intercompany, GR/IR, accruals/provisions,
fixed assets and key balance sheet schedules.
- Support AP/AR activities: vendor invoice accounting, employee reimbursements, customer invoicing/credit notes,
and follow-up for collections; ensure accurate GST/TDS treatment in postings.
- Fixed assets accounting: capitalization/CWIP, depreciation runs, asset register maintenance and support for
physical verification.
Financial reporting & analysis
- Prepare monthly MIS/reporting package (P&L; Balance sheet, cash flow, working capital) with supporting
schedules as per corporate calendar.
- Perform variance analysis vs budget/forecast/prior period; identify drivers (volume, price, mix, material, conversion
cost, FX) and summarize insights for stakeholders.
- Support reporting to US corporate finance: timely data submission, mapping validation, and query resolution for
consolidation/reporting.
- Maintain trackers and dashboards for key KPIs (inventory turns, overdue receivables, payables ageing, operating
cash flow).
Compliance & audit support
- Support statutory audit, tax audit and GST assessments/audits: prepare schedules, confirmations, supporting
documents and respond to auditor queries
- Support internal audits/control testing (including global compliance requirements where applicable) by maintaining
documentation, evidence and closure of action items.
- Coordinate (with consultants) periodic compliances such as GST returns, TDS, PF/ESIC, professional tax and other
local filings; ensure accounting entries align with returns.
- Maintain documentation for related party/intercompany transactions and support preparation of disclosures and
management representations.
Inventory management & cost accounting
- Partner with stores/production/warehouse to ensure inventory controls for receipts, issues, transfers and returns;
support cycle counts and physical inventory.
- Reconcile inventory sub-ledger to GL and investigate variances (quantity/value); ensure timely accounting of count
differences and adjustments with approvals.
- Monitor inventory valuation (RM/WIP/FG), overhead absorption, scrap/rework, and provisions for
slow-moving/obsolete stock in coordination with controller.
- Support standard cost updates and review of BOM/routings inputs (as applicable) to maintain accurate product
costing.
Senior Finance Executive - Job Description | Page 2
Budgeting, forecasting & process improvement
- Coordinate annual budget and periodic forecasts: collect inputs, validate assumptions, consolidate templates and
support review discussions.
- Prepare budget vs actual reports and maintain rolling forecast trackers; support cost control initiatives through
analysis and follow-ups.
- Drive process improvements (ERP discipline, SOPs, Excel automation) to improve close speed, accuracy and audit
readiness.
Cash flow, working capital & treasury support
- Prepare daily/weekly cash position and monthly cash flow forecast; highlight funding needs, collection risks and
payment obligations.
- Support payment processing (vendor/employee) and bank reconciliations; coordinate bank documentation as
required.
- Track receivables, overdue follow-ups and working capital actions in partnership with sales and supply chain teams.
Qualifications & Experience
- CA
- 3-4 years of hands-on experience in accounting, month-end close and reporting; manufacturing/plant accounting
exposure strongly preferred.
- Working knowledge of Indian statutory requirements (GST, TDS and basic Companies Act compliance);
understanding of Ind AS/IFRS is an advantage.
- Experience working with ERPs (SAP/Oracle/NetSuite/Tally or equivalent) and strong Excel skills (Pivot Tables,
lookups; Power Query desirable).
- Comfortable working with global stakeholders and tight reporting timelines; willingness to support occasional US
time-zone calls during close.
Key Skills & Competencies
- Strong accounting fundamentals, attention to detail and high ownership for end-to-end closure.
- Analytical thinking: ability to interpret variances and present insights with data-backed narratives.
- Good communication and stakeholder management across plant operations, shared services, consultants and US
finance teams.
- Process orientation: documentation, control mindset and continuous improvement approach.
- Integrity and confidentiality in handling financial and employee/vendor data.
Success Measures (What Good Looks Like)
- Month-end close completed on time with accurate postings and minimal post-close adjustments.
- All key reconciliations updated monthly with clear explanations, no material audit observations.
- Inventory accounting is accurate and timely; variances are investigated and resolved with documented approvals.
- Cash flow forecast is maintained, and risks are proactively escalated to the controller/business.
Pay: ₹80,000.00 - ₹90,000.00 per month
Work Location: In person
