Head Accounts and Finance

United Hr Solutions; Dhule; On-site; INR 3,500,000 - 5,200,000; Full time

Job summary

United Hr Solutions in Dhule, Maharashtra is seeking an experienced finance professional to lead financial accounting, cost accounting, budgeting and FP&A for the manufacturing unit. The role involves overseeing accounting closure, plant-level financial reporting, and internal controls to drive profitability and compliance.

The candidate will manage cost accounting, inventory valuation, and working capital while coordinating with external auditors and regulatory authorities as required.

Qualifications

• CA with 12+ years of experience in finance and accounting.
• Strong knowledge of manufacturing cost accounting, budgeting, and FP&A.

Responsibilities

• Maintain books of accounts for the manufacturing unit and ensure timely closings.
• Perform plant-level P&L, Balance Sheet, and MIS reporting; reconcile with corporate finance.
• Conduct standard/actual costing and variance analysis for products; support pricing decisions.

Skills

Financial accounting

Cost accounting

Budgeting & FP&A

ERP systems

Internal controls

Compliance

Education

CA with 12+ years

Tools

SAP

Oracle

Microsoft Dynamics

Excel

Job description

Key Responsibilities

1. Financial Accounting & Reporting

• Maintain accurate books of accounts for the manufacturing unit.
• Ensure timely monthly, quarterly, and annual financial closing.
• Prepare plant-level Profit & Loss Account, Balance Sheet, and MIS reports.
• Reconcile plant accounts with corporate finance.
• Ensure adherence to accounting standards and company policies.

2. Cost Accounting

• Maintain standard costing and actual product costing for composite fertilizers.
• Analyze:
• Raw material consumption
• Utility costs
• Energy costs
• Conversion costs
• Manufacturing overheads
• Conduct variance analysis against budgets and standards.
• Determine product-wise profitability.
• Monitor production yields and process losses.
• Support pricing decisions through detailed cost analysis.

3. Inventory & Stores Accounting

• Supervise accounting of:
• Raw materials
• Packing materials
• Work-in-Process (WIP)
• Finished goods
• Consumables
• Spares
• Ensure inventory valuation complies with applicable accounting standards.
• Conduct periodic physical stock verification.
• Investigate inventory discrepancies and implement corrective actions.
• Monitor inventory ageing and slow/non-moving inventory.

4. Budgeting & Financial Planning

• Prepare annual plant budgets.
• Develop operating expenditure (OPEX) and capital expenditure (CAPEX) budgets.
• Monitor budget utilization and analyze variances.
• Forecast monthly cash flow requirements.
• Support long-term financial planning for plant expansion and modernization.

5. Manufacturing Cost Control

• Monitor:
• Production costs
• Utility consumption
• Maintenance expenses
• Labour costs
• Procurement costs
• Identify cost-saving opportunities.
• Recommend process improvements to enhance profitability.
• Develop cost control dashboards and key performance indicators (KPIs).

6. Statutory Compliance

Ensure timely compliance with:

• GST
• Income Tax (TDS/TCS)
• Companies Act requirements
• Cost Audit
• Internal Audit
• Statutory Audit
• Environmental and other applicable regulatory reporting
• Government subsidy documentation and compliance (where applicable)

Coordinate with external auditors and regulatory authorities during audits and assessments.

7. Fixed Asset Management

• Maintain the Fixed Asset Register.
• Capitalize project expenditures.
• Verify asset additions and disposals.
• Calculate and account for depreciation.
• Conduct periodic physical verification of fixed assets.

8. Internal Controls & Risk Management

• Strengthen financial controls across plant operations.
• Ensure compliance with Standard Operating Procedures (SOPs).
• Monitor delegated financial authorities.
• Identify financial risks and implement mitigation measures.
• Support internal control testing and continuous improvement initiatives.

9. Working Capital Management

• Monitor receivables and payables related to plant operations.
• Optimize inventory levels to improve working capital efficiency.
• Track vendor payments and advance settlements.
• Support treasury by providing plant-level cash flow forecasts.

10. Business Partnering

• Collaborate with:
• Plant Head
• Production
• Maintenance
• Procurement
• Supply Chain
• Quality Assurance
• Corporate Finance
• Provide financial insights to support operational decision-making.
• Evaluate capital investment proposals and prepare financial feasibility analyses.

Key Performance Indicators (KPIs)

• Timely monthly financial closing
• Accuracy of product costing
• Budget adherence
• Manufacturing cost reduction
• Inventory accuracy
• Inventory turnover
• Working capital optimization
• Audit compliance
• Timely statutory filings
• Reduction in financial control observations
• Cost savings achievedPlant profitability improvement

Technical Competencies

• Manufacturing accounting
• Cost accounting and variance analysis
• Inventory accounting
• Budgeting and forecasting
• Financial planning and analysis (FP&A)
• GST, Income Tax, and Companies Act compliance
• Internal financial controls
• ERP systems (SAP, Oracle, Microsoft Dynamics, or equivalent)
• Advanced Microsoft Excel and MIS reporting
• Cost audit and statutory audit coordination

Qualification

CA with 12+ years of experience.

Job Location

Dhule, Maharashtra

Contact on: 9558534125 \ [e-mail]