Key Responsibilities
1. Financial Accounting
- Manage day-to-day accounting activities and general ledger.
- Ensure accurate recording of sales, purchases, expenses, and journal entries.
- Handle monthly, quarterly, and annual financial closing.
- Prepare financial statements and balance sheet schedules.
- Ensure compliance with accounting standards.
2. Costing & Manufacturing Finance
- Prepare product-wise and customer-wise costing.
- Monitor raw material, labour, and manufacturing overhead costs.
- Analyse BOM (Bill of Materials) and production variances.
- Monitor rejection, scrap, rework, and process losses.
- Analyse actual versus standard costing.
- Support cost reduction and profitability improvement initiatives.
3. Budgeting & MIS
- Prepare annual budgets and periodic forecasts.
- Prepare monthly MIS reports for management.
- Analyse budget versus actual performance.
- Monitor EBITDA, gross margin, and operating expenses.
- Provide financial analysis for management decisions.
4. Working Capital Management
- Monitor accounts receivable and payable.
- Track customer outstanding and supplier payments.
- Manage cash flow and fund requirements.
- Monitor inventory valuation and stock levels.
- Follow up on overdue customer payments.
5. GST & Statutory Compliance
- Ensure GST returns and reconciliation.
- Handle TDS compliance and related filings.
- Coordinate statutory, tax, and internal audits.
- Ensure compliance with applicable financial regulations.
6. Automotive Customer & Vendor Finance
- Handle customer billing and debit/credit note reconciliation.
- Verify customer claims, price differences, and payment deductions.
- Coordinate with purchase, production, quality, and sales teams.
- Analyse customer-wise profitability.
- Monitor vendor outstanding and purchase price variance.
7. Internal Controls & Audit
- Establish financial control procedures.
- Monitor expenses and financial transactions.
- Coordinate internal and statutory audits.
- Identify financial risks and process improvements.