Assistant Manager (Finance & Accounts)

1. Basic Functions

• Preparation and analysis of various MIS reports as per management requirements.
• Preparation of financial statements in compliance with applicable accounting standards.
• Coordination with statutory auditors and internal auditors, ensuring timely closure of audit queries.
• Management of intercompany and inter-branch reconciliations.
• Scrutiny and monitoring of debtors and creditors balances.
• Regular follow-up with customers to ensure timely invoicing and revenue recognition.
• Review and validation of accounting entries and team deliverables.
• Implementation and monitoring of internal financial controls and accounting processes.
• Providing guidance and support to team members on accounting and finance-related matters.
• Overseeing daily operations of the finance and accounts department.
• Ensuring accuracy and integrity of financial data.
• Monitoring and ensuring accuracy of inventory valuation.

2. Key Responsibility Areas (KRAs)

A. Accounting & Financial Control

• Review accounting entries related to procurement, logistics, and sales.
• Ensure completeness and compliance of books of accounts and statutory filings (GST, TDS, Income Tax).
• Scrutiny of General Ledger, Accounts Payable, and Accounts Receivable.
• Manage month-end and year-end closing with proper provisions and accruals.

B. Biomass Procurement & Costing

• Validate farmer/aggregator purchase rates, weight records, and inward entries.
• Monitor cost per MT (procurement + loading + transportation + storage).
• Identify cost leakages and suggest cost optimization measures.

C. Inventory & Site Accounting

• Track stock movement (inward, processing, dispatch, wastage) across locations.
• Ensure periodic physical stock verification and reconciliation with books.
• Monitor inventory aging, losses, and shrinkage.

D. Receivables & Payables Management

• Monitor customer accounts for delayed payments and credit risks.
• Ensure timely invoicing and collection follow-ups.
• Process vendor payments (farmers, transporters, suppliers) as per agreed terms.

E. Reconciliation & Compliance

• Perform bank, inter-branch, vendor, and customer reconciliations.
• Ensure compliance with GST (including e-invoicing, e-way bills) and TDS provisions.
• Verify accounting treatment of RA bills, CAPEX, OPEX, and service invoices.

F. Reporting & MIS

• Prepare site-wise profitability reports.
• Provide insights on logistics efficiency, cost trends, and margin analysis.
• Prepare schedules and reports as required by Head Office and management.