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Accounts & Finance Manager

GALAXY DIAMONDSKL, IN1d ago
Full-timevia indeed

Job Description

  • *Accounts \& Finance Manager**
  • *Galaxy Diamonds**

Thrissur, Kerala \| Department: Accounts \& Finance \| Full\-Time

  • *About Galaxy Diamonds**

Galaxy Diamonds is a Kerala\-based diamond jewellery manufacturer engaged in both export and import.

  • *About the Role**

Lead financial operations — bookkeeping, fund flow, statutory compliance, costing, and MIS reporting — with specific ownership of gold\-weight P\&L and hedging to manage bullion price risk.

  • *Key Responsibilities**
  • *Gold\-Weight P\&L \& Hedging**
  • Track and reconcile gold\-weight P\&L — gold issued vs. recovered vs. dust/scrap — to protect margins against price volatility
  • Design and monitor gold price hedging strategies (forward booking, metal/gold loans, bullion positions) with Purchase and Management
  • *Accounting, Compliance \& Audit**
  • Ensure accurate daily postings and timely monthly book closure
  • Ensure timely GST, TDS, PF \& ESI filings; coordinate statutory and internal audits
  • Manage export\-related documentation and compliance — LC, shipping bills, export invoicing, FEMA/GST
  • *Cash, Gold \& Fund Management**
  • Monitor receivables/payables and ageing; ensure timely billing, invoicing, and vendor payments
  • Maintain fund\-flow visibility, daily cash, bank \& gold\-weight reconciliation, and banking relationships
  • *Budgeting, Costing \& Reporting**
  • Prepare annual budgets and enforce budgetary control across departments
  • Validate order\-wise costing (gold, diamond, labour) and track budget variances
  • Deliver P\&L, Balance Sheet, Cash Flow, and MIS reports (DSR, MOS, AR/AP) on schedule
  • *Team Leadership**
  • Supervise the accounts team and drive SOP/ERP adoption across finance
  • *Required Skills \& Experience**
  • *Industry\-Specific Expertise**
  • **Gold\-Weight P\&L Management**
  • **Gold Price Hedging / Bullion Risk Management**
  • **Export Documentation \& Compliance**
  • *Core Skills**
  • Financial Accounting, Statutory Compliance (GST/TDS/PF/ESI) \& Audit Coordination — Expert
  • Receivables/Payables, Fund Flow \& Bank Management — Expert/Advanced
  • MIS Reporting, Budgeting \& Cost Control — Advanced/Proficient
  • ERP/Tally/Excel, Team Leadership, and Communication (English, Malayalam \& Hindi (added advantage))
  • *Qualifications**
  • Bachelor’s/Master’s degree in Commerce, Finance, or Accounting; CA (Inter)/CMA/ICWA preferred
  • 7\+ years in accounts \& finance, including prior experience in a managerial/senior managerial role — mandatory
  • Manufacturing industry background — mandatory; exposure to gold/bullion, jewellery, or precious\-metals accounting — preferred

Pay: ₹40,000\.00 \- ₹100,000\.00 per month

Benefits

  • Food provided
  • Leave encashment

Work Location: In person

Job Overview

Job type
Full-time
Work mode
On-site
Location
Kochi
Posted
1d ago
Source
Indeed