Manager - Finance & Accounts
Bannari Amman Spinning Mills · Coimbatore · onsite · Posted 52d ago
Undisclosed3–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
We are looking for a Qualified Chartered Accountant with 3-5 years of relevant experience in the Textile/Any industry to manage the complete Finance & Accounts function and provide financial insights to Management.
Key Responsibilities
- MIS & Management Reporting: Preparation and review of daily, weekly and monthly MIS covering sales, profitability, working capital, receivables, payables and key business performance indicators.
- Ind-AS Financial Reporting: Preparation and review of quarterly Ind AS financial statements, schedules, reconciliations and disclosures.
- Working Capital & Treasury: Monitoring cash flows, receivables, payables, inventory and banking facilities to optimize liquidity and finance costs.
- Budgeting & Forecasting: Preparation of annual budgets, forecasts and business plans, with periodic variance analysis and corrective actions.
- P2P & Receivables Management: Oversight of procure-to-pay processes, vendor payments, customer outstanding, ageing, credit control and collection performance.
- Investment & Payback Analysis: Preparation of payback, ROI/IRR and financial feasibility analysis for Capex, projects and business proposals.
- Tax & Statutory Compliance: Oversight of TDS, Income Tax, GST and other finance-related statutory compliances, including reconciliations, returns and notices.
- Banking & Fund Management: Managing banking relationships, working capital limits, fund requirements, renewals, enhancements and interest negotiations.
- Cost & Profitability Management: Monitoring costs, margins and EBITDA, identifying cost-saving opportunities and improving overall profitability.
- Audit & Internal Controls: Coordination with statutory/internal/tax auditors and strengthening financial controls, reconciliations and compliance processes.
- Financial Analysis & Decision Support: Providing financial analysis and recommendations to senior management for pricing, investments, credit, expansion and strategic decisions.
- Team & Process Management: Leading the finance team, reviewing performance, improving finance processes and ensuring timely completion of reporting and compliances.
Required Skills
- Strong knowledge of Accounting, Taxation and Financial Reporting.
- Good understanding of GST, TDS and Income Tax.
- Experience in textile/spinning mill costing and finance operations.
- Strong MIS, analytical and Excel skills.
- Knowledge of ERP/SAP will be an added advantage.
- Good leadership, communication and decision-making skills.
Eligibility
- Qualified Chartered Accountant (CA) - Mandatory
- 3-5 years of post-qualification experience.
- Candidates with relevant experience in textile mills/spinning mills will be preferred.
- Experience: 3-5 Years (Freshers can also apply)
Additional Details
- Age: Below 40 years
- Gender: Male candidates only.
Sourced from naukri
Skills
SAPAccountsInd AsStatutory ComplianceManagement reportinginternal controlsAuditWorking CapitalProfitability ManagementERPFinancial ReportingTaxationAccountingfinance
About Bannari Amman Spinning Mills

Bannari Amman Spinning Mills
Fashion & Textile
750
employees
1989
37 years old
Coimbatore, Tamil Nadu
India
₹4.8L PA avg
Avg at Bannari Amman Spinning Mills
About
Bannari Amman Spinning Mills operates in the textile sector, producing cotton yarn and finished garments while also engaging in renewable energy generation.
Industries
Fashion & Textile
Employee ratings
10 reviews
4.2/ 5
Culture
3.6
Career growth
3.6
Work-life
3.9
Employees rate it well for
Overall Company42Work-Life Balance41
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