Key Responsibilities
1. Financial Accounting & Reporting
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Manage complete accounting operations, including General Ledger, Accounts Payable, Accounts Receivable, and Bank Reconciliation.
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Ensure timely monthly, quarterly, and annual closing of books of accounts.
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Prepare MIS, financial statements, management reports, and variance analysis.
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Monitor accounting accuracy and ensure compliance with applicable accounting standards.
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Coordinate with auditors for statutory, tax, and internal audits.
2. Taxation & Statutory Compliance
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Ensure timely compliance with GST, TDS, Income Tax, Advance Tax, and other applicable statutory requirements.
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Review GST returns, reconciliations, input tax credit, and tax assessments.
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Coordinate with tax consultants and statutory authorities whenever required.
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Ensure proper documentation and compliance with applicable laws and regulations.
3. Budgeting & Financial Planning
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Lead annual budgeting and forecasting activities.
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Prepare departmental and plant-wise budgets in coordination with respective functions.
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Monitor actual performance against budgets and highlight significant variances.
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Support management in financial planning and business decision-making.
4. Cash Flow & Working Capital Management
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Prepare and monitor daily/weekly/monthly cash-flow projections.
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Manage working capital, receivables, payables, inventory, and banking operations.
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Monitor customer outstanding and improve collection efficiency.
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Ensure optimum utilization of company funds and working capital.
5. Costing & Manufacturing Finance
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Monitor product costing, manufacturing costs, overheads, and cost variances.
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Analyze raw material, utilities, labour, production, and overhead costs.
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Support management in product profitability and pricing decisions.
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Work closely with Production, Procurement, Stores, Sales, and Operations teams to control costs.
6. Internal Controls & Process Improvement
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Establish and strengthen financial controls and accounting processes.
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Identify financial risks, control gaps, and opportunities for process improvement.
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Ensure proper authorization and documentation for financial transactions.
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Drive automation and improvement of Finance & Accounts processes through ERP systems.
7. Banking & Treasury
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Manage banking relationships and routine banking transactions.
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Coordinate with banks for working capital facilities, guarantees, LC, and other banking requirements.
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Monitor fund utilization, interest costs, and banking charges.
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Support management in evaluating financing and investment requirements.
8. Audit & Compliance
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Coordinate with statutory auditors, internal auditors, tax auditors, and other external agencies.
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Ensure timely closure of audit observations and implementation of corrective actions.
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Maintain proper records and documentation for audit and compliance purposes.
9. Team Management
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Lead, guide, and develop the Finance & Accounts team.
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Allocate responsibilities and monitor team performance.
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Ensure timely completion of accounting, reporting, taxation, and compliance activities.
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Develop SOPs and improve team productivity and accountability.
Required Skills & Competencies
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Strong knowledge of financial accounting, taxation, GST, costing, budgeting, and MIS.
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Strong understanding of internal controls and audit processes.
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Good communication, leadership, and stakeholder-management skills.
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Ability to work independently and handle multiple priorities.
Preferred Experience
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7–10 years of relevant experience, preferably in a chemical, pharmaceutical, specialty chemical, or manufacturing company.
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CA qualification is mandatory.
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Experience in plant finance, manufacturing costing, working capital management, and Odoo implementation will be an advantage.
