Accounts & Finance Manager
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Job Description
JOB DESCRIPTIONPosition: Finance Manager
- *Department:** Finance \& Accounts
- *Location:** Mumbai / Factory Location
- *Reporting To:** Management / Director
- *Employment Type:** Full\-Time
1\. Position Overview
We are looking for an experienced and commercially oriented **Finance Manager** to independently manage the company's finance and accounting functions across the corporate office and manufacturing/production facility.
The ideal candidate must be a **Chartered Accountant (CA)** with strong experience in a **manufacturing, production, factory, or industrial environment**. The candidate should have hands\-on exposure to **factory costing, inventory, production accounting, budgeting, MIS, cash flow, statutory compliance, audits, and financial controls**.
2\. Key ResponsibilitiesA. Financial Management
- Manage the overall finance and accounting operations of the company.
- Prepare and monitor annual budgets, forecasts, cash\-flow projections, and financial plans.
- Monitor company profitability, working capital, receivables, payables, and cash flow.
- Provide financial analysis and business insights to management for decision\-making.
- Develop and implement effective financial controls and processes.
B. Factory \& Production Finance
- Manage finance and accounting activities related to the manufacturing/production facility.
- Monitor **production costs, material consumption, labour costs, overheads, and manufacturing expenses**.
- Prepare and analyse **product/job/project costing** and identify cost\-saving opportunities.
- Monitor factory expenses against approved budgets.
- Coordinate with Production, Stores, Procurement, and Operations teams for accurate financial reporting.
- Review inventory valuation, stock movements, wastage, scrap, and material reconciliation.
- Conduct regular analysis of production variances and cost deviations.
C. Accounting \& MIS
- Ensure accurate and timely accounting and closure of monthly books.
- Prepare monthly **MIS, P\&L, Balance Sheet, Cash Flow, and management reports**.
- Analyse financial performance against budget and previous periods.
- Ensure proper accounting of purchases, sales, expenses, inventory, fixed assets, and provisions.
- Establish and maintain appropriate accounting controls and documentation.
D. Statutory Compliance
- Ensure timely compliance with **GST, TDS, Income Tax, PF, ESIC, Professional Tax**, and other applicable statutory requirements.
- Coordinate with statutory auditors, internal auditors, tax consultants, and other professional advisors.
- Ensure timely filing of statutory returns and payments.
- Handle tax assessments, notices, audits, and related correspondence as required.
E. Audit \& Internal Controls
- Coordinate statutory, internal, tax, and financial audits.
- Ensure proper documentation and supporting records for all financial transactions.
- Identify financial and operational risks and recommend corrective measures.
- Strengthen internal control systems across office and factory operations.
- Monitor compliance with company financial policies and procedures.
F. Working Capital \& Cost Control
- Monitor receivables and payables and ensure effective working capital management.
- Follow up on outstanding receivables and support timely collections.
- Monitor vendor payments and cash requirements.
- Identify unnecessary expenses and implement cost\-control measures.
- Review major purchases and expenditure from a financial perspective.
G. Team \& Cross\-Functional Management
- Lead and supervise the Finance \& Accounts team.
- Coordinate closely with Management, HR, Procurement, Production, Stores, Sales, and Operations.
- Guide team members on accounting procedures, compliance, and financial controls.
- Ensure timely completion of monthly, quarterly, and annual financial activities.
3\. Candidate Profile
- *Mandatory Requirements:**
- **Qualification: Chartered Accountant (CA) – Mandatory.**
- **Experience: 5–10\+ years of relevant experience**, preferably after qualification.
- Must have prior experience in a **manufacturing / production / factory / industrial environment**.
- Strong experience in **factory finance and production costing**.
- Good understanding of inventory, material consumption, wastage, scrap, and stock reconciliation.
- Strong knowledge of **GST, TDS, Income Tax, audits, and statutory compliance**.
- Experience in preparing and analysing **MIS, P\&L, Balance Sheet, Cash Flow, budgets, and costing reports**.
- Strong Excel and accounting/ERP skills.
- Excellent analytical, problem\-solving, and communication skills.
4\. Preferred Industry Experience
Candidates with experience in any of the following sectors will be preferred:
- Manufacturing
- Production / Factory Operations
- Furniture / Interior / Fit\-Out Manufacturing
- Engineering / Industrial Manufacturing
- Retail Manufacturing
- Fabrication / Workshop Operations
- Project\-based Manufacturing
5\. Key Competencies
- Financial Planning \& Analysis
- Factory Costing
- Cost Control
- Budgeting \& Forecasting
- Inventory \& Working Capital Management
- MIS \& Financial Reporting
- Statutory Compliance
- Audit Management
- Internal Controls
- Team Leadership
- Business \& Commercial Acumen
6\. Important Requirement
- *Candidates who have only corporate\-office finance experience without hands\-on exposure to manufacturing/production/factory finance will not be preferred.**
The candidate should be capable of independently managing the **Finance function of both the corporate office and manufacturing/production operations** and should be comfortable working closely with the factory and operational teams.
Pay: ₹15,728\.36 \- ₹88,018\.75 per month
Benefits
- Flexible schedule
- Paid time off
- Provident Fund
Work Location: In person
Job Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Mumbai
- Posted
- 19h ago
- Source
- Indeed