Executive/ Sr. Executive - Plant Controlling - Navi Mumbai

Designation - Executive/ Sr. Executive - Accounts & Finance (Plant Controlling) - Navi Mumbai.

Location - Mahape, Navi Mumbai.

Job Responsibilities-

1. Inventory & Plant Accounting Controls

• Review accounting and reconciliation of RM, PM, WIP and Finished Goods across manufacturing locations.
• Review book vs. physical inventory reconciliations and stock adjustments.
• Ensure correct accounting of stock transfers and job-work transactions.
• Identify and highlight unusual inventory movements or accounting gaps.

2. Month-End Closing & Finalisation

• Drive timely month-end closure across plants.
• Ensure adherence to cut-off procedures and timely booking of provisions and adjustments.
• Review plant trial balances and schedules before consolidation.
• Provide accurate plant-level inputs for financial finalisation.
• Coordinate closure of plant-related audit queries.

3. CWIP & Asset Capitalisation

• Maintain and monitor the CWIP register across all plants.
• Track project-wise CWIP ageing and ensure timely capitalization.
• Validate supporting documents and put-to-use criteria.
• Ensure correct classification of capital vs. revenue expenditure.
• Compute/review interest cost capitalization and deferred finance expenses.
• Ensure capitalization entries are aligned with applicable Ind AS requirements.

4. Provisions & Accrual Management

• Manage centralized control over plant-related provisions and accruals.
• Review expense provisions including utilities, freight, contractors and other operating expenses.
• Monitor GR/IR and unbilled liabilities.
• Track utilization, reversals and ageing of provisions.
• Standardize provision templates and closure timelines across plants.

5. Bill Booking & Expense Accounting

• Manage and review timely and accurate booking of vendor and expense bills across plants.
• Verify bills for appropriate accounting classification, cost centre, GL coding and supporting documentation.
• Ensure correct accounting treatment of Opex and Capex-related invoices.
• Review pending/unbooked invoices and ensure closure within defined timelines.
• Coordinate with Plant Teams, Procurement and Accounts Payable for invoice-related discrepancies and timely resolution.
• Ensure appropriate GST and TDS treatment during bill booking.
• Vendor Reconciliation and Quarterly Balance Confirmation

Preferred Candidates-

Education: CMA Inter / M.Com / CA Inter / MBA Finance

Experience: Minimum 3 years of relevant domain experience, and SAP experience. Excel knowledge, Bill Booking and TDS experience are mandatory.

Industry Preference: Manufacturing