Location: Faridabad, Haryana
Industry: Manufacturing Tier-1 Automotive Components
Experience: 3+ Years
Qualification: CA / CMA / CA Inter
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About the Role
We are looking for a competent and result-oriented Finance & Accounts professional for a leading Tier-1 Automotive Components manufacturing organisation based in Faridabad. The ideal candidate should have hands-on experience in financial finalisation, balance sheet preparation, MIS reporting, financial analysis, statutory compliance, and audit coordination.
Candidates with experience in the manufacturing industry, preferably in the Tier-1 automotive components sector, will be given preference. The candidate should possess sound accounting knowledge, analytical capabilities, and the ability to work closely with management and cross-functional teams to ensure accurate financial reporting and effective financial control.
Key Responsibilities
1. Financial Accounting & Finalisation
- Manage day-to-day accounting activities and ensure accurate recording of financial transactions in accordance with applicable accounting standards.
- Handle monthly, quarterly, and annual financial closing and finalisation.
- Prepare and review balance sheets, profit and loss accounts, cash flow statements, and other financial statements.
- Ensure proper reconciliation of general ledger accounts, bank accounts, vendor accounts, customer accounts, and intercompany transactions, wherever applicable.
- Maintain accurate books of accounts and ensure timely closure of financial records.
2. MIS Reporting & Financial Analysis
- Prepare and analyse monthly MIS reports, financial statements, and management dashboards.
- Monitor revenue, expenditure, profitability, operating costs, and key financial performance indicators.
- Analyse budget versus actual performance and highlight significant variances to management.
- Support preparation of budgets, forecasts, and financial projections.
- Provide meaningful financial insights to support management decisions and improve cost efficiency and profitability.
3. Costing & Manufacturing Finance
- Develop an understanding of manufacturing costs, including raw materials, direct labour, overheads, and production costs.
- Analyse product costing, material consumption, inventory valuation, and manufacturing variances.
- Coordinate with production, purchase, stores, and supply chain teams to ensure accurate cost accounting and inventory control.
- Monitor inventory levels, work-in-progress, finished goods, and obsolete or slow-moving stock.
- Assist in identifying cost-saving opportunities and improving financial and operational efficiency.
4. Statutory Compliance & Taxation
- Ensure timely compliance with applicable statutory requirements, including GST, TDS, and other relevant financial and tax regulations.
- Coordinate with internal and external auditors for statutory audits, tax audits, and other financial reviews.
- Ensure proper maintenance of supporting documents, accounting records, and statutory registers, as applicable.
- Assist in tax reconciliations, preparation of audit schedules, and resolution of audit observations.
5. Audit & Internal Financial Controls
- Coordinate internal, statutory, and tax audits and ensure timely submission of required information.
- Ensure adherence to internal financial controls, accounting policies, and established financial procedures.
- Identify discrepancies, control gaps, and process inefficiencies and recommend corrective actions.
- Support implementation and monitoring of financial controls to minimise financial and operational risks.
6. Working Capital & Financial Coordination
- Monitor receivables, payables, inventory, and working capital requirements.
- Coordinate with commercial, sales, purchase, and treasury teams for timely reconciliations and financial reporting.
- Assist in monitoring cash flows and ensuring effective utilisation of financial resources.
- Support management in improving working capital efficiency and financial discipline.
Candidate Profile
- Qualified CA / CMA / CA Inter with a minimum of 3 years of relevant experience.
- Must have experience in the manufacturing industry; candidates from Tier-1 automotive components manufacturing organisations will be strongly preferred.
- Strong hands-on experience in balance sheet preparation, financial finalisation, and general accounting.
- Good understanding of MIS reporting, financial analysis, and variance analysis.
- Knowledge of statutory compliance, audit coordination, and financial reporting.
- Exposure to manufacturing costing, inventory valuation, and working capital management will be an advantage.
- Proficiency in MS Excel and accounting/ERP systems such as SAP, Oracle, or similar platforms.
- Strong analytical, problem-solving, communication, and coordination skills.
- Ability to work independently, meet reporting deadlines, and coordinate effectively with multiple departments.
Compensation
9–15 LPA, commensurate with the candidate’s qualification, relevant industry experience, technical expertise, and overall suitability for the role.