Accounts & Finance Manager

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 .

1. 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.

1. 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.

1. 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

1. 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

1. 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