Accountant For Paint Manufacturing - Raipur , Chhattisgarh

Institute of Management Accountants, Inc.; Raipur; On-site; INR 700,000 - 1,000,000; Full time

Job summary

Institute of Management Accountants, Inc. in Raipur, Chhattisgarh, seeks an experienced Accountant for paint manufacturing.

The role emphasizes cost and manufacturing accounting, including cost analysis, variance reporting, batch profitability, and inventory control to drive profitability and pricing decisions. The candidate should have a commerce/finance background with 5+ years in industrial accounting, proficiency in MS Excel and ERP systems (SAP/Oracle/Tally), and strong analytical

Qualifications

• Bachelor's degree in Accounting, Finance or Commerce with relevant professional certifications is preferred.
• Minimum 5+ years of experience in industrial or manufacturing accounting, preferably paint/chemicals.
• Strong MS Excel skills and hands-on ERP experience (SAP, Oracle or Tally) required.
• Detail-oriented with ability to collaborate across procurement and production teams.

Responsibilities

• Cost analysis of raw materials, labor, and overhead to establish standard costs.
• Variance reporting to identify inefficiencies and cost savings.
• Assess batch profitability across lines and products.
• Monitor stock valuation, batch tracking, and shelf-life, including pilferage risks.
• Prepare GST returns, TDS, and other tax compliances; maintain regulatory records.
• Process AP/AR, reconcile accounts, and generate MIS reports for management.

Skills

MS Excel

ERP systems

Analytical skills

Education

Bachelors in Accounting/Finance/Commerce

CA/ICWA/CPA assets

Tools

SAP

Oracle

Tally

Job description

Accountant For Paint Manufacturing - Raipur , Chhattisgarh

Job Description: An Accountant in paint manufacturing manages plant-level financial operations. Key duties include tracking raw material and production costs, inventory and batch control, accounts payable/receivable, and statutory compliance (GST, TDS). They drive profitability by analyzing cost variances and overseeing pricing margins.

Cost & Manufacturing Accounting

• Cost Analysis: Track the costs of raw materials (pigments, resins, solvents), labor, and overhead to establish standard costs. [1, 2, 3, 4]
• Variance Reporting: Calculate actual vs. expected production costs to identify inefficiencies or material wastage. [1, 2, 3, 4]
• Batch Profitability: Assess profitability across different paint lines and product batches. [1, 2, 3, 4]

Inventory & Batch Control

• Stock Valuation: Participate in monthly stock takes and value raw materials, chemicals, packaging, and finished goods. [1, 2, 3, 4]
• Batch Tracking: Ensure accurate records of inventory batches and monitor raw material shelf-life and pilferage. [1, 2]

Statutory & Tax Compliance

• GST & Taxation: Calculate, file, and manage GST returns, TDS deductions, and other periodic tax liabilities. [1, 2, 3, 4]
• Regulatory Compliance: Maintain records that comply with corporate regulations and tax laws. [1, 2]

General Accounting & Reporting

• AP & AR: Process vendor payments for material suppliers and ensure timely collections from distributors and dealers.
• Reconciliation: Perform daily bank, vendor, and customer account reconciliations.
• MIS & Forecasting: Prepare monthly Profit & Loss statements, balance sheets, and management reports to guide strategic decision-making. [1, 2, 3, 4]

Qualifications & Skills

• Education: Bachelor’s degree in Accounting, Finance, or Commerce (B.Com, BBA). Certifications such as CA, ICWA, or CPA are strong assets. [1, 2, 3]
• Experience: Minimum 5+ years of experience in industrial or manufacturing accounting. Paint or chemical manufacturing experience is highly preferred. [1, 2, 3]
• Software Skills: High proficiency in MS Excel is mandatory. Hands‑on experience with ERP systems (like SAP, Oracle, or Tally) is required. [1, 2, 3, 4]
• Analytical Skills: Detail‑oriented with strong problem‑solving skills and the ability to work cross‑functionally with procurement and production teams. [1, 2]