Accounts Head

1. Core Responsibilities
A. Statutory Compliance GST, TDS, Income Tax

• Independent preparation and filing of GSTR-1 and GSTR-3B; annual GSTR-9 / 9C coordination with the auditor.
• Monthly GSTR-2A/2B reconciliation against purchase register; follow-up with defaulting vendors so ITC is not lost.
• Job work compliance delivery challans, ITC-04 returns, and tracking goods lying with dyeing, bleaching, weaving and processing units against the statutory return timeline.
• E-invoicing and e-way bill discipline across all outward movement, including branch/job-work transfers.
• TDS: correct section mapping (job work, contractors, professional fees, salary, purchase of goods), monthly remittance, quarterly returns, Form 16/16A issuance, and correction statements.
• TCS on sales where applicable, and reconciliation with Form 26AS / AIS.
• MSME 45-day payment rule flagging micro and small vendors, tracking payment ageing, and quantifying the disallowance risk before year-end.
• Advance tax working, tax audit schedules, and first-level handling of departmental notices and assessments.
• PF, ESI and Professional Tax remittance and returns; labour-law statutory registers coordination with HR.

B. Costing & Stock Control

• Maintain a stage-wise inventory system: yarn grey fabric processed fabric WIP finished goods packing material, including stock lying at job workers.
• Count-wise and quality-wise yarn consumption norms; monitoring actual vs standard consumption and investigating variance.
• Landed cost of purchases including freight, and correct valuation method applied consistently at closing.
• Monthly physical stock verification coordination and reconciliation of physical vs book stock, with explained variance.
• Job-work costing: rate validation, quantity reconciliation of material sent vs received, and shortage recovery.

C. Banking & Working Capital

• Monthly stock and book-debt statements to the bank; calculation of drawing power and ensuring limits are neither under-utilised nor exceeded.
• QIS / periodic returns, and preparation of data for annual renewal of CC/OD limits.
• Interest and charge verification on all facilities banks make errors, and this person is expected to catch them.
• Daily cash-flow position and a rolling short-term funds-flow forecast.
• Debtor ageing, credit-limit monitoring by customer, and driving collections jointly with sales.
• Creditor ageing and payment scheduling aligned to available working capital.
• Bank reconciliation for all accounts, closed monthly without carry-forward of unexplained items.

D. MIS & Budgeting

• Monthly P&L, balance sheet and cash-flow to management within an agreed closing calendar.
• Budget vs actual with written variance explanation not just the numbers.
• Key operating metrics: inventory days, debtor days, creditor days, working capital cycle, contribution per unit, break-even.
• Annual budget preparation and periodic re-forecasting.
• Ad-hoc decision support costing for a new enquiry, make-vs-buy on a process, capex evaluation.
• Coordination with statutory auditors, internal auditors and tax consultants; timely closure of audit observations.

2. Candidate Requirements

• Must have

QualificationB.Com / M.Com. CA Inter or CMA Inter strongly preferred. Experience610 years, of which at least 3 years in a manufacturing company (not trading or services only). ScaleHas handled books of a company with 40 cr+ turnover. IndependenceHas filed GST and TDS returns personally, not merely handed data to a consultant. SoftwareTally Prime to an advanced level. Working knowledge of at least one ERP. ExcelPivot tables, VLOOKUP/XLOOKUP, SUMIFS, conditional formatting. Must be tested, not assumed. LanguageTamil and English. Must be able to write a clear email to a bank or a customer. LocationNear Nemili-based or genuinely willing to relocate and settle.