Experience
- 5 to 10 years
- The applicants should have experience in the following business area(s): Garments, Textile, Garments Accessories, Spinning
Education
MBA/Masters in Accounting or Finance.
Requirements
- 5 to 10 years
- The applicants should have experience in the following business area(s): Garments, Textile, Garments Accessories, Spinning
Additional Requirements
- Age 30 to 50 years
- Only Male
5–10 years of relevant accounting experience, preferably in a manufacturing industry.
At least 2–3 years of experience in a supervisory or managerial position.
Good working knowledge of ERP/accounting software (SAP, Oracle, or equivalent).
Practical knowledge of VAT, Tax, IAS/IFRS, and statutory compliance.
Strong knowledge of factory accounting, cost accounting, inventory management, and financial reporting.
Advanced MS Excel skills, including Pivot Tables, SUMIFS, VLOOKUP/XLOOKUP.
Strong leadership, analytical, communication, and problem-solving skills.CA (CC), CMA (Partly Qualified), or equivalent professional qualification will be an advantage.
Responsibilities & Context
1. Overall Factory Accounting: Supervise and control all factory accounting and financial activities, ensuring accurate and timely recording of transactions.
2. Cost Accounting & Cost Control: Monitor production costs, raw material consumption, labor costs, factory overheads, wastage, and unit production costs.
3. Financial Reporting & MIS: Prepare and review monthly financial statements, management reports, expense analysis, and financial performance reports.
4. Budgeting & Financial Planning: Prepare monthly factory budgets, monitor actual expenses against budgets, analyze variances, and recommend cost-saving measures.
5. Inventory & Store Accounting: Monitor raw materials, WIP, finished goods, and spare parts; ensure physical stock reconciliation with ERP records.
6. Accounts Payable & Receivable: Supervise supplier payments, vendor reconciliations, outstanding balances, advances, and timely settlement of accounts.
7. Cash & Bank Management: Monitor factory cash flow, bank transactions, bank reconciliation, cash requirements, and petty cash operations.
8. Petty Cash Management: Ensure proper control of petty cash, cash disbursements, physical cash verification, reconciliation, documentation, and timely replenishment.
9. ERP & Accounting System: Ensure accurate recording of all financial transactions in ERP and effective utilization of accounting, inventory, and costing modules.
10. Tax, VAT & Statutory Compliance: Ensure compliance with applicable tax, VAT, withholding tax, GAAP/IFRS, and other regulatory requirements.
11. Internal Control & Audit: Establish and maintain effective internal controls, ensure proper authorization and documentation, and coordinate internal and external audits.
12. Financial Analysis & Problem Solving: Analyze financial data, identify discrepancies, investigate cost variations, and recommend corrective actions.
13. Team Management: Lead, supervise, and evaluate the factory accounts team, ensuring timely completion of accounting and reporting activities.
14. Interdepartmental Coordination: Coordinate with Factory, Production, Store, HR, Procurement, Commercial, and Corporate Accounts departments.
15. Management Support: Provide financial analysis, cost reports, and recommendations to factory management for effective decision-making.
Job Other Benifits
- Mobile bill,T/A
- Salary Review: Yearly
- Festival Bonus: 2