Finance Executive

Muthra Industries; Chennai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Muthra Industries in Chennai is seeking a qualified CMA professional to manage finance and accounting operations. You will oversee year-end closings, statutory filings, and audits, ensuring accurate financial statements and robust controls.

Ideal candidates have experience in manufacturing/trading sectors, strong knowledge of GST/TDS and ERP systems, and the ability to work independently with precision and integrity.

Qualifications

• CMA qualification or equivalent; background in finance in manufacturing/trading/chemical industries preferred.
• Experience in year-end closing, financial audits, and statutory filings.
• Independent handling of closing processes with attention to accuracy and controls.

Responsibilities

• Prepare annual financial statements, reports, and year-end closing documents.
• Maintain books and ensure compliance with accounting principles and company policies.
• Manage GST, TDS, Income Tax, and other statutory filings and compliance.
• Monitor monthly receivables/payables; track payments and vendor settlements.
• Prepare and monitor cash flow statements, funds, and working capital reports.
• Coordinate with banks for transactions, reconciliations, and documentation.
• Reconcile vendor accounts, invoices, and balances; resolve payment discrepancies.
• Coordinate with bank/auditors during audits and provide required documents.
• Perform bank reconciliations, ledger scrutiny, and data verification.
• Ensure timely financial closings, tax reconciliations, and statutory submissions.
• Prepare monthly financial reports and cash flow briefs for management.
• Maintain audit trails and supporting docs for all transactions.
• Monitor internal controls and suggest improvements for accuracy and efficiency.
• Support budgeting, planning, expense monitoring, and cost-control initiatives.
• Ensure confidentiality and timely completion of all finance activities.

Skills

Financial accounting

Financial reporting

Audit coordination

Tax compliance

Internal controls

Education

CMA qualification

Tools

ERP systems

Job description

Role & responsibilities

1. Prepare annual financial statements, financial reports, and year-end closing reports.
2. Maintain accurate books of accounts and ensure compliance with accounting principles and company policies.
3. Manage GST, TDS, Income Tax, and other applicable statutory compliance and filing requirements.
4. Monitor monthly accounts receivable and payable, track outstanding payments, and ensure timely collections and vendor payments.
5. Prepare and monitor monthly cash flow statements, fund requirements, and working capital reports.
6. Coordinate with banks for banking transactions, account reconciliations, documentation, and financial requirements.
7. Manage vendor accounts, verify invoices, reconcile balances, and resolve payment-related discrepancies.
8. Coordinate with bank auditors, statutory auditors, and external consultants during audits and provide the required financial documents.
9. Perform bank reconciliations, ledger scrutiny, and financial data verification to identify and resolve accounting discrepancies.
10. Ensure timely completion of financial closing activities, tax reconciliations, and statutory submissions.
11. Prepare monthly financial reports, receivable and payable statements, and cash flow reports for management review.
12. Maintain proper financial records, supporting documents, and audit trails for all transactions.
13. Monitor internal financial controls and recommend corrective actions to improve accounting accuracy and operational efficiency.
14. Support budgeting, financial planning, expense monitoring, and cost-control initiatives.
15. Ensure confidentiality, accuracy, and timely completion of all finance and accounting activities.

Preferred candidate profile

• CMA qualification or relevant professional certification is an added advantage.
• Experience in manufacturing, trading, chemical, or related industries is preferred.
• Experience handling year-end closing, financial audits, and statutory filings independently.

Key Performance Indicators (KPIs)

• Accuracy and timely completion of financial statements.
• Timely filing of GST, TDS, and other applicable statutory returns.
• Timely preparation of monthly receivable, payable, and cash flow reports.
• Accuracy and timely resolution of bank and ledger reconciliations.
• Timely closure of audit observations.
• Reduction in accounting discrepancies and overdue receivables.
• Compliance with payment deadlines and internal financial controls.