Accountant

Jyothy Labs Limited; Kothur; On-site; INR 600,000 - 900,000; Full time

Job summary

Jyothy Labs Limited is seeking an experienced Finance Lead to manage SAP FI/MM/PP entries, close monthly books, and ensure accurate costings for manufacturing. You will oversee inventory control, GST compliance, vendor/payable and receivable processes, and deliver MIS dashboards for management review.

The role requires strong Excel skills, data analytics, and cross-functional coordination to achieve high stock accuracy and timely reporting.

Qualifications

• Proven experience in financial accounting and closing.
• Experience with SAP accounting entries and ledgers.
• Strong knowledge of GST compliance and statutory requirements.
• Experience in manufacturing costing and BOM management.

Responsibilities

• Maintain SAP accounting entries, verify transactions, reconcile ledgers, and assist monthly/year-end closings.
• Monitor inventory and reconcile physical stock with SAP; analyze variances and control obsolescence.
• Monitor production costs, material consumption, standard vs actual costs; support budgeting and cost-saving initiatives.
• Verify dispatch invoices, e-way bills, and transporter bills; ensure timely billing and delivery tracking.
• Ensure GST compliance and internal controls; support audits.
• Handle SAP FI, MM, PP transactions and reporting, ensuring data accuracy.
• Verify vendor invoices, process payments, and monitor vendor aging.
• Monitor customer receivables, collections, and aging reports; coordinate with sales.
• Prepare daily production, stock, dispatch MIS; develop monthly dashboards for management.
• Maintain SOPs and audit documentation; close audit observations with corrective actions.
• Use Excel functions and dashboards for reporting and analysis.
• Coordinate with cross-functional teams to ensure stock accuracy (≥99%).

Skills

SAP FI/MM/PP

Financial accounting

Cost control

GST compliance

Vendor management

AR/AP management

Excel analytics

Tools

SAP

Excel

Job description

Role & responsibilities

1. Financial Accounting & Bookkeeping: Maintain SAP accounting entries, verify transactions, reconcile ledgers, monitor GL balances and cost centers, and support monthly/year-end closing.

2. Inventory & Stock Control: Monitor RM, PM, WIP, and finished goods; reconcile physical stock with SAP; analyze variances and control slow-moving, obsolete, and transit stock.

3. Manufacturing Costing & Cost Control: Monitor production costs, material consumption, BOM, standard vs. actual costs, wastage, yield loss, budgeting, and cost-saving initiatives.

4. Dispatch & Logistics Accounting: Verify invoices, dispatch documents, e-way bills, and transporter bills; reconcile dispatches, monitor freight costs, and ensure timely billing and delivery tracking.

5. GST, Taxation & Statutory Compliance: Ensure GST compliance, ITC accuracy, statutory requirements, internal financial controls, and support internal and external audits.

6. SAP Operations: Handle SAP FI, MM, and PP transactions, generate reports, ensure data accuracy, monitor system controls, and coordinate issue resolution.

7. Accounts Payable & Vendor Management: Verify vendor invoices, process timely payments, reconcile vendor balances, monitor payable aging, and resolve discrepancies.

8. Accounts Receivable & Collections: Monitor customer outstanding balances, reconcile accounts, follow up on overdue payments, prepare aging reports, and coordinate with sales teams.

9. MIS & Management Reporting: Prepare daily production, stock, dispatch, and sales MIS; develop monthly financial dashboards, PPTs, and MMM data for management review.

10. Internal Control & Audit: Ensure SOP and portal compliance, maintain audit documentation, support statutory and cost audits, and close audit observations with corrective actions.

11. Excel & Data Analytics: Use VLOOKUP/XLOOKUP, HLOOKUP, Pivot Tables/Charts, SUMIFS/COUNTIFS, Conditional Formatting, Data Validation, and dashboards for reporting and analysis.

12. Cross-Functional Coordination & KPIs: Coordinate with production, procurement, warehouse, quality, supply chain, sales, logistics, and corporate finance teams; ensure stock accuracy of at least 99%, timely closing, accurate dispatch billing, timely vendor payments, audit closure, cost savings, and SAP transaction accuracy.