Senior Account Manager

VV Graincare; Karatagi; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

VV Graincare is seeking a Senior Account Manager to lead overall accounting, tax compliance, and financial reporting at its manufacturing plant. The role requires strong knowledge of GST, TDS, cost accounting, inventory, and payroll coordination, with collaboration across Purchase, Stores, Production, Sales, HR, and Management.

The successful candidate will drive month-end close, MIS reporting, and internal controls while mentoring the accounting team to ensure accuracy and timely compliance.

Qualifications

• 8-12 years of experience in Accounts & Finance in manufacturing/fabrication sectors.
• Essential: B.Com/M.Com/MBA Finance or CA Inter or equivalent.
• CA CMA qualification preferred.
• Strong knowledge of GST, TDS, Tally/ERP and costing.

Responsibilities

• Manage day-to-day accounting operations and month-end closures.
• Oversee GST, TDS, and reconciliation processes; ensure statutory compliance.
• Coordinate with Production/Stores for cost and inventory accounting.
• Prepare MIS reports, budgets, and management reporting.
• Supervise Accounts Executives and ensure ERP/Tally adherence.

Skills

Leadership

Analytical thinking

Team management

Communication

Education

CA Inter or equivalent

B.Com/M.Com/MBA Finance

Professional certification (CA/CMA)

Tools

Tally Prime ERP

MS Excel

Job description

Industry: Sheet Metal Engineering, Fabrication & Manufacturing
Department: Finance & Accounts
Designation: Senior Account Manager
Reports To: Finance Manager General Manager Management
Location: Manufacturing Plant

1. JOB SUMMARY

The Senior Account Manager is responsible for managing the overall accounting and financial activities of the company, ensuring accurate financial records, timely statutory compliance, cash-flow management, vendor/customer accounting, taxation, payroll coordination, and financial reporting.

The role requires strong knowledge of manufacturing industry accounting, GST, TDS, Tally/ERP, cost accounting, inventory accounting, receivables, payables, and statutory compliance. The position will work closely with Purchase, Stores, Production, Sales, HR, and Management to ensure effective financial control and business support.

2. KEY RESPONSIBILITIES

A. Accounting & Financial Management

• Manage day-to-day accounting operations and ensure accurate recording of all financial transactions.
• Review and supervise sales, purchase, receipt, payment, journal, debit note and credit note entries.
• Maintain General Ledger, Cash Book, Bank Book, Accounts Receivable and Accounts Payable.
• Ensure timely month-end and year-end closing of accounts.
• Prepare monthly financial statements, MIS reports and management reports.
• Monitor cash flow, working capital and fund requirements.
• Ensure proper accounting of capital expenditure and fixed assets.

B. Manufacturing & Cost Accounting

• Monitor production-related costs, material consumption, labour cost, overheads and job-work expenses.
• Support calculation and monitoring of product/job-wise costing.
• Analyse manufacturing costs against budgets and previous periods.
• Coordinate with Production and Stores for proper accounting of raw materials, WIP and finished goods.
• Monitor inventory valuation and identify abnormal material consumption or variances.
• Support management in improving cost control and profitability.

C. GST & Taxation

• Ensure timely and accurate GST returns, reconciliation and compliance.
• Review purchase and sales invoices for GST correctness.
• Perform GSTR-2B reconciliation and coordinate for missing or incorrect invoices.
• Manage TDS calculation, deduction, payment and return filing.
• Coordinate with consultants for Income Tax, GST and other statutory matters.
• Maintain proper records for tax audits, assessments and departmental notices.
• Ensure compliance with applicable statutory requirements.

D. Accounts Receivable & Payable

• Monitor customer outstanding and ensure timely collection of receivables.
• Prepare and review customer ageing reports.
• Follow up with Sales/Commercial teams regarding overdue payments.
• Review vendor balances, outstanding payments and ageing reports.
• Verify vendor invoices, purchase orders, GRNs and supporting documents before payment.
• Maintain proper vendor and customer ledgers.
• Resolve accounting discrepancies with customers and vendors.

E. Banking & Cash Management

• Monitor daily bank transactions and bank balances.
• Prepare and review bank reconciliation statements.
• Coordinate with banks regarding payments, collections and banking documentation.
• Manage payment schedules according to company cash-flow requirements.
• Monitor cheque/NEFT/RTGS/online payment transactions.
• Maintain proper documentation for all banking transactions.

F. Payroll & HR Coordination

• Coordinate with HR for monthly payroll processing.
• Verify salary-related accounting entries and statutory deductions.
• Coordinate for PF, ESI, Professional Tax, TDS and other applicable payroll compliances.
• Verify employee advances, loans, reimbursements and recoveries.
• Ensure timely salary accounting and payment coordination.

G. Audit & Compliance

• Coordinate with internal, statutory and tax auditors.
• Prepare schedules, ledgers, confirmations and supporting documents required for audits.
• Ensure timely closure of audit observations.
• Maintain proper financial records and supporting documents.
• Implement internal financial controls to minimize errors and financial risks.

H. MIS & Management Reporting

Prepare and submit regular reports including:

• Monthly Profit & Loss Statement
• Balance Sheet
• Cash Flow Statement
• Receivables & Payables Ageing
• Outstanding Collection Report
• Vendor Outstanding Report
• GST & TDS Status
• Inventory Valuation Report
• Manufacturing Cost Report
• Expense Analysis
• Budget vs. Actual Report
• Working Capital Report
• Management MIS

I. Team Management

• Supervise and guide Accounts Executives and other accounting staff.
• Allocate daily accounting activities and monitor completion.
• Review accounting entries and ensure accuracy.
• Train team members on accounting procedures, ERP/Tally and statutory compliance.
• Establish proper documentation and accounting processes.

3. INDUSTRY-SPECIFIC RESPONSIBILITIES

The Senior Account Manager should have good understanding of accounting practices related to:

• Sheet Metal Manufacturing
• Fabrication & Welding
• Job Work
• CNC Laser Cutting
• CNC Bending
• Powder Coating
• Assembly Operations
• Raw Material Procurement
• Production & WIP Accounting
• Scrap Accounting
• Subcontracting/Job Work
• Inventory Control
• Manufacturing Overheads
• Product/Job Costing
• Customer Project Billing

4. KEY PERFORMANCE INDICATORS (KPIs)

KPI

Performance Measure

• Accounting Accuracy
• Minimal accounting errors and discrepancies
• Month-End Closing
• Timely completion of monthly accounts
• GST Compliance
• Accurate and timely GST filing/reconciliation
• TDS Compliance
• Timely deduction, payment and return filing
• Receivables
• Reduction in overdue customer outstanding
• Payables
• Timely and accurate vendor payment processing
• Bank Reconciliation
• Timely reconciliation with minimum discrepancies
• Cost Control
• Effective monitoring of manufacturing costs
• Inventory Accounting
• Accurate valuation and reconciliation
• MIS Reporting
• Timely and accurate management reports
• Audit Compliance
• Timely submission of audit requirements
• Cash Flow
• Effective working capital and cash management
• Team Performance
• Timely completion of assigned accounting activities

5. REQUIRED QUALIFICATION

Essential:

• B.Com M.Com MBA Finance CA Inter or equivalent qualification.
• Strong knowledge of accounting principles and financial management.

Preferred:

• CA CMA qualification or equivalent professional certification.

6. EXPERIENCE

• 8-12 years of relevant experience in Accounts & Finance.
• Preference for candidates with experience in sheet metal, fabrication, engineering, manufacturing or industrial companies.
• Minimum 3-5 years in a supervisory/managerial accounting role

7. REQUIRED TECHNICAL SKILLS

• Tally Prime ERP Accounting Software
• Advanced MS Excel
• GST & GST Reconciliation
• TDS
• Accounts Payable & Receivable
• Bank Reconciliation
• Financial Statements
• MIS Reporting
• Cost Accounting
• Inventory Accounting
• Manufacturing Accounting
• Payroll Accounting
• Audit Coordination

8. PREFERRED CANDIDATE PROFILE

The ideal candidate should have:

• Strong knowledge of accounting and taxation.
• Experience in a manufacturing/fabrication environment.
• Good understanding of manufacturing cost structures.
• Strong analytical and problem-solving skills.
• Excellent Excel and ERP/Tally skills.
• Ability to manage a team independently.
• Strong communication and coordination skills.
• High level of accuracy and attention to detail.
• Ability to work under deadlines and manage multiple priorities.
• Strong integrity and confidentiality in handling financial information.

9. KEY DOCUMENTS RECORDS TO BE MAINTAINED

• General Ledger
• Cash Book
• Bank Book
• Sales Register
• Purchase Register
• Journal Register
• Customer Ledger
• Vendor Ledger
• Receivable & Payable Ageing
• GST Records & Reconciliation
• TDS Records
• Bank Reconciliation Statements
• Fixed Asset Register
• Inventory Valuation Records
• Expense Records
• Payroll Accounting Records
• Audit Working Papers
• MIS Reports
• Costing Reports
• Statutory Compliance Records

10. CORE COMPETENCIES

Financial Accounting | Manufacturing Accounting | Cost Control | GST & Taxation | MIS Reporting | Working Capital Management | Team Management | Audit & Compliance | ERP/Tally | Advanced Excel | Financial Analysis

11. AUTHORITY & ACCOUNTABILITY

The Senior Account Manager is accountable for the accuracy, completeness and timely completion of the Finance & Accounts function and shall ensure that all financial transactions, statutory compliances and management reports are maintained in accordance with company policies and applicable laws.