Finance Manager

KBR Manufaturing; Pune District; On-site; INR 1,400,000 - 2,000,000; Full time

Job summary

KBR Manufaturing in Pune district is seeking a Finance Manager with 10-12 years in manufacturing to lead the complete Finance & Accounts function. You will oversee bookkeeping, financial statements, costing, budgeting, taxation, MIS, cash flow management and statutory compliance.

This role requires strong analytical, leadership and ERP skills, with a focus on cost control and producing timely, accurate reports for senior management.

Qualifications

• Complete bookkeeping and accounting procedures.
• Preparation and maintenance of all books of accounts.
• General Ledger, Party Ledger, Purchase Ledger and Sales Ledger.
• Cash Book and Bank Book management.
• Journal entries and adjustment entries.
• Trial Balance preparation and review.
• Profit & Loss Account preparation and analysis.
• Balance Sheet preparation and analysis.
• Cash Flow Statement preparation.
• Audit coordination and financial controls.
• ERP/accounting software and MS Excel.

Responsibilities

• Independently manage day-to-day accounting and bookkeeping.
• Maintain and review all books of accounts accurately.
• Perform bank, ledger, vendor and customer reconciliations.
• Prepare monthly, quarterly and annual financial statements.
• Analyze revenue, expenses, and profitability metrics.
• Manage manufacturing costing, variances and cost control.
• Ensure GST, TDS, income tax compliance and filing.
• Budgeting, forecasting and cash-flow planning.
• Lead the Finance & Accounts team and drive internal controls.

Skills

Bookkeeping

General Ledger

Accounts Payable

Accounts Receivable

Cash Flow Management

GST/TDS/Income Tax

ERP/Accounting Software

MS Excel

Financial Analysis

Manufacturing Costing

Budgeting & Forecasting

Audit & Internal Controls

MIS Reporting

Education

B.Com

M.Com / MBA Finance / CA / CMA

Tools

ERP software

Job description

We are looking for an experienced Finance Manager with 10-12 years of experience in the manufacturing industry who can independently manage the complete Finance & Accounts function of the organization. The candidate must have strong practical knowledge of bookkeeping, accounting, financial statements, taxation, costing, budgeting, MIS, cash-flow management and statutory compliance.

Key Responsibilities

1. Accounting & Bookkeeping

• Independently manage and supervise the complete day-to-day accounting and bookkeeping activities.
• Maintain and review all books of accounts accurately and systematically.
• Maintain and verify General Ledger, Party Ledger, Purchase Ledger, Sales Ledger, Cash Book and Bank Book.
• Ensure proper recording and accounting of all sales, purchases, receipts, payments, expenses and other financial transactions.
• Perform regular bank reconciliation, ledger reconciliation and vendor/customer reconciliation.
• Review journal entries, debit notes, credit notes and adjustment entries.
• Ensure proper accounting and reconciliation of accounts payable and accounts receivable.
• Ensure accuracy and completeness of accounting records and supporting documents.

2. Profit & Loss and Financial Statements

• Prepare and review Profit & Loss Account, Balance Sheet and Cash Flow Statement.
• Prepare monthly, quarterly and annual financial statements.
• Analyze revenue, expenses, gross profit, net profit and other financial parameters.
• Conduct P&L analysis and variance analysis and report significant deviations to management.
• Ensure proper accounting of provisions, accruals, depreciation, prepaid expenses and other adjustments.
• Ensure books are properly closed within the defined timelines.

3. Manufacturing Finance & Costing

• Handle manufacturing accounting and product costing.
• Monitor raw material, WIP and finished goods valuation.
• Analyze material, labour, production and overhead costs.
• Review standard cost vs. actual cost and identify cost variances.
• Work closely with Production, Purchase and Stores departments for cost control and inventory reconciliation.
• Support management in identifying opportunities for cost reduction and profitability improvement.

4. Taxation & Statutory Compliance

• Ensure timely compliance with GST, TDS, Income Tax and other applicable statutory requirements.
• Review GST, TDS and other statutory returns before submission.
• Coordinate with statutory auditors, tax consultants and other external professionals.
• Handle tax assessments, notices and related documentation.
• Ensure proper maintenance of statutory records and financial documentation.

5. Budgeting & Financial Planning

• Prepare annual budgets and financial forecasts.
• Monitor actual performance against budget.
• Conduct budget vs. actual variance analysis.
• Prepare financial projections and cash-flow forecasts.
• Provide financial insights and recommendations to senior management.

6. Receivables, Payables & Cash Flow

• Monitor customer outstanding and ensure timely collection of receivables.
• Monitor vendor payments and manage payment schedules.
• Prepare and monitor daily/weekly/monthly cash-flow requirements.
• Maintain healthy working capital and optimize utilization of company funds.

7. Audit & Internal Controls

• Coordinate statutory, internal and tax audits.
• Ensure timely closure of audit observations.
• Establish and maintain strong internal financial controls.
• Identify financial and operational risks and recommend corrective actions.
• Ensure compliance with accounting policies and company procedures.

8. MIS & Management Reporting

• Prepare and present monthly MIS reports to management.
• Prepare reports related to sales, purchases, expenses, profitability, receivables, payables, inventory and cash flow.
• Provide accurate financial information to management for business decision-making.
• Analyze financial trends and highlight key areas requiring management attention.

9. Team Management

• Lead and supervise the Finance & Accounts team.
• Allocate responsibilities and monitor team performance.
• Review the work of accountants and ensure accuracy of accounting records.
• Train and guide team members on accounting processes, compliance and internal controls.

Mandatory Knowledge & Skills

• Complete bookkeeping and accounting procedures.
• Preparation and maintenance of all books of accounts.
• General Ledger, Party Ledger, Purchase Ledger and Sales Ledger.
• Cash Book and Bank Book.
• Journal Entries and Adjustment Entries.
• Trial Balance preparation and review.
• Profit & Loss Account preparation and analysis.
• Balance Sheet preparation and analysis.
• Cash Flow Statement.
• Bank reconciliation and ledger reconciliation.
• Accounts Payable and Accounts Receivable.
• Inventory and stock accounting.
• Manufacturing costing and cost control.
• Budgeting and financial planning.
• GST, TDS and Income Tax compliance.
• Audit coordination and financial controls.
• MIS preparation and financial analysis.
• ERP/accounting software and MS Excel.

Qualification

• B.Com - Mandatory
• M.Com / MBA Finance / CA / CMA will be an added advantage.

Experience

• 10-12 years of relevant experience in the Finance & Accounts function.
• Manufacturing industry experience is mandatory/preferred.
• Candidate should have independently handled accounting and finance operations in a manufacturing organization.
• Experience in manufacturing costing, inventory accounting and financial reporting will be strongly preferred.

Key Competencies

• Strong accounting and analytical skills.
• Excellent knowledge of financial statements.
• Strong understanding of manufacturing finance.
• Leadership and team-management skills.
• Good decision-making and problem-solving ability.
• High level of accuracy and attention to detail.