Assitance Manager

Department: Finance & Accounts
Location: Bengaluru
Experience: 58 Years
Industry Experience: Construction Materials Mandatory
Reports To: Finance Manager / Head of Finance

Job Summary

We are looking for an experienced Assistant Finance Manager with mandatory experience in the construction materials industry. The candidate will support financial planning, accounting, taxation, cash flow management, compliance, and financial reporting while ensuring accurate and timely financial operations.

Key Responsibilities

• Accounting & Financial Reporting: Manage day-to-day accounting, ledger scrutiny, month-end closing, and preparation of financial statements.
• Accounts Payable & Receivable: Monitor vendor payments, customer collections, outstanding balances, and credit periods.
• GST & Taxation: Ensure timely GST returns, TDS payments and returns, reconciliations, and other applicable statutory compliances.
• MIS & Reporting: Prepare monthly MIS reports, profit and loss statements, cost analysis, and management reports.
• Cash Flow Management: Monitor cash flow, working capital, fund requirements, and payment schedules.
• Costing & Profitability: Analyse product-wise costs, gross margins, freight costs, and profitability.
• Inventory & Material Reconciliation: Coordinate with operations and warehouse teams for inventory valuation, stock reconciliation, and material movement accounting.
• Vendor & Customer Reconciliation: Resolve discrepancies in invoices, payments, debit notes, credit notes, and account balances.
• Audit & Compliance: Coordinate with internal and external auditors and support statutory audits.
• Process Improvement: Strengthen financial controls, documentation, accounting processes, and compliance procedures.

Mandatory Requirements

• Bachelor's degree in Commerce, Accounting, or Finance; CA Inter / CMA Inter / MBA Finance preferred.
• 5-8 years of relevant experience in finance and accounting.
• Prior experience in the construction materials industry is mandatory.
• Experience in companies dealing with cement, steel, TMT bars, GGBS, aggregates, building materials, or similar products.
• Strong knowledge of GST, TDS, statutory compliance, reconciliations, and financial reporting.
• Experience handling inventory accounting, product costing, vendor payments, and customer collections.
• Proficiency in MS Excel and accounting/ERP software.
• Strong analytical, communication, coordination, and problem-solving skills.

Key Performance Indicators (KPIs)

• Timely monthly financial closing and MIS reporting.
• Accuracy of financial statements and reconciliations.
• Timely GST, TDS, and statutory compliance.
• Reduction in outstanding receivables and overdue collections.
• Working capital and cash flow management.
• Accuracy of inventory valuation and product costing.
• Audit observations and compliance accuracy.

Ideal Candidate

A detail-oriented finance professional with strong accounting fundamentals, commercial awareness, and hands-on experience managing finance operations in a construction materials or building materials company.

Important: Candidates from unrelated industries should not be considered unless they have relevant construction materials industry experience.