Senior Executive Finance & Accounts

Key Responsibilities

1. Accounting and Balance Sheet Preparation

• Record day-to-day transactions in the ERP / Tally, including journal entries, accruals, provisions and prepaid expenses.
• Run month-end, quarter-end and year-end closing within agreed timelines.
• Prepare the trial balance, profit & loss statement and balance sheet with supporting schedules.
• Maintain the fixed asset register, capitalisation and depreciation.
• Account for inventory valuation, including raw material, WIP and finished goods.

2. Reconciliation

• Prepare bank reconciliations every month.
• Reconcile vendor and customer ledgers, and follow up on open items and debit/credit notes.
• Reconcile GST (GSTR-2B vs books, GSTR-1 vs sales register) and TDS (26AS vs books).
• Reconcile inter-company and inter-unit accounts.
• Reconcile physical stock with book stock and account for differences.

3. Financial Analysis and MIS

• Prepare monthly MIS: P&L by plant or product line, cost trends and key ratios.
• Analyse budget vs actual and explain major variances.
• Track working capital: receivables ageing, payables ageing and inventory days.
• Prepare cash flow statements and fund flow forecasts.

4. Finance Controlling

• Support annual budget preparation and monitor spending against it.
• Check that internal controls and the approval matrix are followed for payments, purchases and expenses.
• Verify vendor bills against PO and GRN before payment (3-way match).
• Monitor capex spending against approvals.
• Flag cost overruns, unusual entries and control gaps to the Finance Manager.

5. Costing

• Prepare and update product costing and the bill of materials (BOM) cost sheet.
• Calculate standard cost and analyse actual vs standard: material, labour and overhead variances.
• Support pricing decisions and quotations for new parts with cost estimates.
• Track scrap, rejection and conversion costs by line or department.
• Assist in the cost audit and maintain cost records as required.

6. Statutory Compliance and Audit

• Support timely GST, TDS and advance tax compliance in coordination with consultants.
• Prepare schedules and data for statutory, internal, tax and cost audits.
• Close audit observations within agreed timelines.

Qualifications and Skills

• Education: B.Com / M.Com. CA Inter, CMA Inter or MBA (Finance) preferred.
• Experience: 36 years in accounts, finalisation and costing, preferably in an automotive or manufacturing company.
• Systems: Hands-on with SAP / Oracle / Tally ERP; advanced Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS).
• Knowledge: Indian Accounting Standards (Ind AS), GST, TDS, cost accounting principles and inventory valuation.
• Personal skills: Accuracy, attention to detail, analytical thinking, meeting deadlines, and clear communication with plant and purchase teams.Role & responsibilities

Preferred candidate profile