Manager / Sr Executive - Financial Reporting/Budgeting & Costing

Job Summary

Manager / Senior Executive (Finance Accounts) - Financial Reporting/Budgeting Costing

Areas

Financial Reporting/ Budgeting Costing

Location

Mumbai

Department

Finance Accounts

Reports to

CFO or as designated by him

Brief Overview of the Position

To meet our growing requirements, we are looking to induct young and bright finance professionals to take up Managerial positions / Senior executive positions in various areas of Finance Department.

Roles and Responsibilities

• Accounting: Have an oversight on the accounting function including plant accounting to ensure high level of accuracy to generate meaningful management reports at periodic intervals.
• Financial Management Reporting: Guide and drive the Finance team at various locations with respect to preparation of budgets, financial analysis and reporting. The candidate will be required to work closely with the CFO for reporting on various aspects of operations including cost calculations and identifying and implementing Financial Control measures across the organization to ensure timely and accurate periodical Management Reporting and analysis.
• Compliances: Knowledge of Direct Taxes as well as Indirect Taxes.
• Systems and Processes: Need to lead and improvise various systems and processes with a view to strengthening the internal controls and ensure that they are in line with best practices.
• Payroll Accounting: Monthly reconciling of manpower headcount for HO Plant and also reconciling the Salary Payable with Salary Payment and posting in Navision.
• TDS Payable: Monthly reconciling of TDS Payable with chart of accounts under various sections and confirming the payment before due date to avoid any interest and penalty.
• Custom Duty / IGST Paid for Import: Monthly reconciliations of Custom Duty and IGST paid to claim the same under GST on time and to reflect the correct amount in our financials.
• Interest on Unsecured Loans: Review the working of interest on unsecured loans and TDS deduction on the same.
• Admin and Selling Expenses: Review the daily booking of expenses at HO for Admin and Selling expenses to ensure correct and timely booking. Also make provisions for monthly review of MIS and financial statements.
• Prepare and present reports for any work assigned by management.
• Coordinate with outside agencies and ensure timely compliance with regards to Tax Audit, Statutory Audit, Cost Audit, and any other notices/inquiries.
• Attend to Income Tax matters including Advance Tax and Assessments.
• Review of expenses as and when required by management.
• Suggest ways and means to improve ERP functionality, including automation.
• Coordinate with the Company Secretary to ensure compliance with Company Law.

Educational Qualification & Experience

• Qualified CMA/ICWA with a minimum of 3-5 years of relevant experience of managing and analysing costs associated with production involving Accounting Management Reporting, in a large export-oriented manufacturing company (at least 800 crores turnover).
• Experience of operating in an ERP environment (preferably MS Navision).
• Proficient in MS Office.
• Strong communication skills.
• Knowledge of Company Law.
• Candidates who have passed Inter CA with 3-5 years of experience in a similar industry may be considered for Executive positions.

Please note that the above Job Description is only a guideline, the expectations from the position may be revised as per directives from the Management.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.