Factory Accounts Manager

Nagreeka Hydrocarbons; Sambalpur; On-site; INR 550,000 - 750,000; Full time

Job summary

Nagreeka Hydrocarbons, located in Odisha, invites applications for a Finance & Accounting role overseeing plant accounting and factory finance functions. The role bridges shop-floor costs with corporate reporting and requires meticulous handling of inventories, payroll, and statutory filings.

The position is full-time and on-site at the manufacturing facility, with responsibilities spanning cost control, financial reporting, and compliance within the petrochemical/plastics/rubber sector.

Qualifications

• UG: B.Com in any specialization.
• Role requires expertise in plant accounting and factory accounts.

Responsibilities

• Analyze production costs, COGS, and identify waste to improve profitability.
• Inventory control including physical counts and reconciliation with digital records.
• Prepare monthly, quarterly, and annual financial statements (P&L and balance sheet) and perform variance analysis.
• Verify supplier invoices and maintain audit-ready records.
• Manage factory payroll including wages, overtime, and statutory deductions.
• Handle GST and TDS filings for factory operations.

Skills

Plant Accounting

Factory Accounts

Education

B.Com

Job description

Role & responsibilities

Manages the financial operations specific to a manufacturing facility. Their role bridges the gap between floor-level production and corporate financial reporting.

Core Job Responsibilities

• Analyze production costs, value inventory, and calculate the Cost of Goods Sold (COGS). They track movement from raw materials to finished goods to identify waste and improve profitability.
• Inventory Control: Perform regular physical inventory counts and reconcile them with digital book values. This includes monitoring "job work" such as fabric issued/received and tracking material wastage.
• Financial Reporting & Analysis: Prepare monthly, quarterly, and annual financial statements, including Profit & Loss (P&L) and balance sheets. They conduct variance analysis to compare actual factory spending against budgeted targets.
• Operational Documentation: Verify supplier invoices for factory purchases, prepare internal payment vouchers, and maintain meticulous records for audit trails.
• Payroll & Labor Tracking: Manage factory-level payroll, including calculating worker wages, overtime, and statutory deductions like PF (Provident Fund) and ESI (Employee State Insurance).
• Statutory Compliance: Handle tax-related filings such as GST (Goods and Services Tax) and TDS (Tax Deducted at Source) for factory operations.

Preferred candidate profile

Role: Finance & Accounting - Other

Industry Type: Petrochemical / Plastics / Rubber

Department: Finance & Accounting

Employment Type: Full Time, Permanent

Role Category: Finance & Accounting - Other

Education

UG: B.Com in Any Specialization

Key Skills

Plant AccountingFactory Accounts