HEAD OF ACCOUNTS DEPARTMENT

• *JOB DESCRIPTION – HEAD OF ACCOUNTS DEPARTMENT**

• *Company Name:** Lumirise Pvt Ltd
• *Industry:** LED Lighting \& Electrical Manufacturing
• *Job Location:** Lakshmi Polavaram Village, Ravulapalem Mandal, Konaseema District, Andhra Pradesh – 533236
• *Department:** Accounts \& Finance
• *Designation:** Head of Accounts Department / Accounts Head
• *Salary:** ₹45,000 – ₹75,000 per month
• *Experience:** Minimum 10 Years in the Manufacturing Industry
• *Employment Type:** Full\-Time

1\. JOB OBJECTIVE

To lead and manage the company's entire Accounts and Finance Department, ensuring accurate financial reporting, effective cash flow and fund management, statutory compliance, taxation, import and export documentation, banking operations, and financial control.

The candidate must have a minimum of 10 years of experience in the manufacturing industry and prior experience handling a business with an annual turnover of ₹100 crore or above.

2\. EDUCATIONAL QUALIFICATIONS

• CA / CMA / MBA Finance / M.Com / B.Com.
• Preference will be given to candidates with professional qualifications such as CA or CMA.
• Strong knowledge of accounting principles, financial management, taxation, and statutory compliance.

3**. EXPERIENCE REQUIREMENTS**

• Minimum 10 years of relevant experience in the manufacturing industry.
• Previous experience handling an organization with an annual turnover of ₹100 crore or above.
• Practical knowledge and experience in import and export documentation.
• Strong working knowledge of GST returns, TDS filings, EPF, ESI, and Professional Tax payments.
• Experience preparing MIS reports, monthly cash flow statements, and funds flow statements.
• Experience in bank reconciliation and financial reporting.
• Candidates who have previously managed an Accounts team of at least 3 to 5 members will be preferred.
• Experience with FOCUS\-ERP/accounting software and advanced MS Excel is essential.

4\. KEY ROLES \& RESPONSIBILITIES

• *A. Accounts \& Financial Management**

• Manage the complete Accounts and Finance Department and supervise all day\-to\-day accounting operations.
• Maintain accurate books of accounts, general ledgers, journal entries, and financial records.
• Monitor accounts payable, accounts receivable, vendor payments, customer collections, and outstanding balances.
• Ensure accurate accounting of purchases, sales, inventory, manufacturing expenses, and overheads.
• Prepare monthly, quarterly, and annual financial statements.
• Ensure timely closure of monthly and annual accounts.
• Coordinate with management, auditors, banks, vendors, customers, and other departments.

• *B. Import \& Export Documentation**

• Handle and verify import and export documentation and ensure compliance with applicable regulations.
• Manage commercial invoices, packing lists, shipping bills, bills of entry, bills of lading, airway bills, and other applicable documents.
• Coordinate with customs brokers, freight forwarders, banks, suppliers, customers, and logistics teams.
• Monitor import payments, export receipts, foreign currency transactions, customs duties, freight, and related expenses.
• Maintain applicable import/export registrations and documentation, including IEC and export\-related GST documentation.
• Ensure proper accounting and reconciliation of all import and export transactions.

• *C. GST, TDS \& Statutory Compliance**

• Handle GST return filings, including GSTR\-1 and GSTR\-3B, and other applicable returns.
• Reconcile GST returns with books of accounts, purchase registers, sales registers, and input tax credit records.
• Manage TDS calculations, deductions, payments, quarterly return filings, and reconciliations.
• Ensure timely payment and compliance with EPF and ESI obligations in coordination with HR.
• Handle Professional Tax (PT) calculations, payments, and applicable returns.
• Monitor statutory due dates and maintain an updated compliance calendar.
• Coordinate with statutory auditors, tax consultants, and government authorities as required.

• *D. MIS Reports \& Financial Analysis**

• Prepare and submit monthly MIS reports to management.
• Prepare profit and loss statements, balance sheet reports, expense analysis, and financial performance summaries.
• Monitor sales, purchases, production costs, inventory, overheads, and profitability.
• Analyze financial variances against budgets and provide actionable recommendations to management.
• Develop financial dashboards and reports to support business decisions.
• Ensure timely and accurate submission of financial information to management.

• *E. Monthly Cash Flow \& Funds Flow Management**

• Prepare and monitor monthly cash flow statements and funds flow statements.
• Forecast cash requirements for vendor payments, salaries, statutory dues, import payments, and operating expenses.
• Monitor daily cash balances, bank balances, fund availability, and working capital requirements.
• Plan fund utilization and ensure sufficient liquidity for business operations.
• Prepare fund requirement statements and provide timely updates to management.
• Monitor receivables, payables, and cash conversion cycles to improve working capital efficiency.

• *F. Banking Operations \& Bank Reconciliation**

• Perform and review monthly bank reconciliations for all company bank accounts.
• Identify and resolve discrepancies between bank statements and accounting records.
• Monitor bank transactions, payment processing, collections, and bank charges.
• Coordinate with banks regarding fund transfers, payment approvals, bank documentation, and other financial requirements.
• Monitor outstanding cheques, unrecorded transactions, and unreconciled balances.
• Ensure that all bank accounts are reconciled accurately and within prescribed timelines.

• *G. Budgeting, Cost Control \& Audit**

• Prepare annual budgets, financial projections, and expense forecasts.
• Monitor manufacturing costs and identify opportunities to improve cost efficiency.
• Coordinate internal audits, statutory audits, tax audits, and financial reviews.
• Maintain accurate supporting documentation for all financial transactions.
• Strengthen internal financial controls and minimize accounting errors and compliance risks.
• Support management in financial planning and business expansion decisions.

• *H. Team Management \& Leadership**

• Lead, supervise, and guide the Accounts Department team.
• Allocate responsibilities among team members and monitor work progress.
• Review accounting entries, bank reconciliations, MIS reports, tax filings, and payment schedules.
• Train team members on accounting procedures, compliance requirements, and reporting standards.
• Coordinate with HR, Purchase, Stores, Production, SCM, Sales, and Management.
• Ensure accuracy, accountability, confidentiality, and timely completion of all departmental activities.

5\. REQUIRED SKILLS \& COMPETENCIES

• Strong knowledge of manufacturing\-sector accounting and financial management.
• Experience handling an annual business turnover of ₹100 crore or above.
• Practical expertise in import and export documentation.
• Strong knowledge of GST, TDS, EPF, ESI, and Professional Tax compliance.
• Expertise in MIS reporting, monthly cash flow, and funds flow statements.
• Strong bank reconciliation and banking operations skills.
• Proficiency in accounting software, ERP systems, and MS Excel.
• Excellent analytical, problem\-solving, and financial planning abilities.
• Strong team leadership and interdepartmental coordination skills.
• High standards of integrity, accuracy, confidentiality, and financial discipline.

6\. KEY PERFORMANCE INDICATORS (KPIs)

• Timely completion of GST, TDS, EPF, ESI, and PT compliance.
• Accurate and timely preparation of monthly MIS reports.
• Timely preparation and monitoring of cash flow and funds flow statements.
• Completion of bank reconciliations within prescribed timelines.
• Accuracy of import/export documentation and transaction accounting.
• Timely closure of monthly and annual accounts.
• Effective working capital and fund management.
• Successful completion of internal and statutory audits.
• Effective management and performance of the Accounts Department team.

7\. SALARY \& BENEFITS

• *Monthly Salary:** ₹45,000 – ₹75,000

The salary offered will depend on the candidate's qualifications, relevant experience, previous salary, financial management capabilities, and demonstrated experience handling a manufacturing business with an annual turnover of ₹100 crore or above.

8\. REPORTING STRUCTURE

• *Reports To:** Managing Director / Director / Management
• *Department:** Accounts \& Finance
• *Team Management:** Previous experience managing a team of at least 5 members will be preferred.

9\. CANDIDATE APPLICATION DETAILS

Interested candidates should submit their updated resume along with the following details:

• Total years of experience.
• Total years of manufacturing\-industry experience.
• Previous company name and industry.
• Highest annual turnover handled.
• Import and export documentation experience.
• Experience in GST and TDS filings.
• Experience in EPF, ESI, and PT payments.
• Experience in MIS, cash flow, and funds flow reporting.
• Experience in bank reconciliation.
• Previous team size managed.
• Current CTC and expected CTC.
• Notice period and earliest joining date.

• *IMPORTANT REQUIREMENTS**

Candidates must have a minimum of 10 years of experience in the manufacturing industry, previous experience handling an annual turnover of ₹100 crore or above, and practical knowledge of import and export documentation. Experience managing an Accounts team of at least 5 members will be preferred.

• *HR DEPARTMENT**
• *LUMIRISE PVT LTD**

• *Cont: 7032876262\.**

• *Send Resume via Whats app and Mention below Details**

• Total years of experience.
• Total years of manufacturing\-industry experience.
• Previous company name and industry.
• Highest annual turnover handled.
• Import and export documentation experience.
• Experience in GST and TDS filings.
• Experience in EPF, ESI, and PT payments.
• Experience in MIS, cash flow, and funds flow reporting.
• Experience in bank reconciliation.
• Previous team size managed.
• Current CTC and expected CTC.
• Notice period and earliest joining date.

Pay: ₹45,000\.00 \- ₹75,000\.00 per month

Benefits

• Flexible schedule

Work Location: In person