Everest Industries – Corporate Finance Role – CA

Everest Industries Limited; Mumbai; Sur place; INR 600 000 - 800 000; Plein temps

Résumé du poste

A leading manufacturing firm in Maharashtra, Mumbai is looking for a Chartered Accountant to manage audit processes and cash flow. The ideal candidate should have at least one year of experience and be adept at financial reporting, budgeting, and providing tailored financial insights for decision-making. This role offers opportunities for internal collaboration and improvement of financial operations.

Qualifications

• Min 1 year of experience in manufacturing industry.

Responsabilités

• Assist in the timely closure of quarterly and year-end audits.
• Track audit progress and ensure compliance with timelines.
• Prepare and present monthly, quarterly, and annual MIS reports.
• Manage Right of Use (ROU) and lease accounting.
• Act as the primary point of contact for internal customers.

Connaissances

Audit management

Financial reporting

Cash flow management

Budgeting and forecasting

Communication

Formation

Chartered Accountant

Description du poste

Education Qualification

Chartered Accountant

Preferred Candidate

Min 1 year of experience in manufacturing industry.

Roles and Responsibilities

Audit Management

• Assist in the timely closure of quarterly and year-end audits (IND AS), including the review and preparation of accounting schedules and notes to accounts.
• Track audit progress, ensuring compliance with timelines, following up on pending items, and coordinating between the corporate office, various plants, and CPC.
• Review CWIP (Capital Work in Progress) balances across plants and ensure timely capitalization.
• Manage Right of Use (ROU) and lease accounting in line with applicable standards.
• Prepare quarterly schedules related to inventory provisions, raw material consumption reconciliations, and other necessary audit schedules.

Month-End Closing & Corporate Accounts Monitoring

• Ensure compliance with the monthly financial calendar across all units.
• Oversee monthly book closures for the corporate office and review the financial statements of various locations.
• Prepare the corporate budget for each function and allocate it appropriately to each business unit (BU).
• Conduct monthly analysis of corporate costs (function-wise), including salaries and other expenses, comparing actuals with the budget, and flagging unbudgeted costs for further action.
• Manage the accounting of Employee Stock Ownership Plans (ESOPs).

MIS and Management Reporting

• Prepare and present monthly, quarterly, and annual Management Information System (MIS) reports, highlighting key financial and operational metrics for senior management.
• Analyze financial and non-financial data to provide insights into business performance and recommend corrective actions as needed.
• Ensure timely delivery of accurate and relevant management reports that assist in decision-making and performance evaluation.
• Assist in budgeting and forecasting processes by providing historical data and trend analysis.

Internal Customer Interaction

• Act as the primary point of contact for internal customers, ensuring that financial information is accurately provided and understood across different business units.
• Collaborate with internal stakeholders to understand their financial needs, and provide tailored financial reports and analysis to support their decision-making.
• Provide proactive assistance to internal customers in interpreting financial data and resolving any financial-related queries.

Cash Flow Management

• Prepare and analyze daily, weekly, and monthly cash flow statements, ensuring optimal liquidity for the organization.
• Monitor cash flow trends and provide recommendations to management on cash flow management strategies.
• Work with various departments to ensure efficient working capital management and provide forecasts on cash inflows and outflows.
• Ensure that cash flow projections align with operational needs and business objectives.

Insurance Management

• Manage the accounting and financial reporting related to insurance claims, premiums, and provisions.
• Work with the legal and risk management teams to identify potential areas of insurance coverage gaps and recommend improvements.