Senior Executive Finance & Accounts

Paracoat Products Ltd.; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

Paracoat Products Ltd. in Haryana seeks an experienced accounting professional to manage end-to-end accounting, balance sheets, and costing for its manufacturing operations.

You will handle month-end close, GST/TDS compliance, MIS reporting, expense controls, and collaboration with plant teams to ensure accuracy and timely financial disclosures. Applicants should be proficient in SAP/Oracle/Tally, advanced Excel, and Indian accounting standards, with strong communication to coordinate with

Qualifications

• Education required: B.Com / M.Com., CA Inter, CMA Inter or MBA (Finance) preferred.
• Experience: 3-6 years in accounts, finalisation and costing in manufacturing.
• Systems: SAP / Oracle / Tally ERP; advanced Excel.
• Knowledge: Ind AS, GST, TDS, cost accounting principles and inventory valuation.

Responsibilities

• Record day-to-day transactions in the ERP / Tally, including journal entries, accruals, provisions and prepaid expenses.
• Run month-end, quarter-end and year-end closing within agreed timelines.
• Prepare the trial balance, profit & loss statement and balance sheet with supporting schedules.
• Maintain the fixed asset register, capitalisation and depreciation.
• Account for inventory valuation, including raw material, WIP and finished goods.

Skills

SAP

Oracle

Tally ERP

Advanced Excel

Education

B.Com

M.Com

CA Inter

CMA Inter

MBA (Finance)

Job description

Key Responsibilities

1. Accounting and Balance Sheet Preparation

• Record day-to-day transactions in the ERP / Tally, including journal entries, accruals, provisions and prepaid expenses.
• Run month-end, quarter-end and year-end closing within agreed timelines.
• Prepare the trial balance, profit & loss statement and balance sheet with supporting schedules.
• Maintain the fixed asset register, capitalisation and depreciation.
• Account for inventory valuation, including raw material, WIP and finished goods.

2. Reconciliation

• Prepare bank reconciliations every month.
• Reconcile vendor and customer ledgers, and follow up on open items and debit/credit notes.
• Reconcile GST (GSTR-2B vs books, GSTR-1 vs sales register) and TDS (26AS vs books).
• Reconcile inter-company and inter-unit accounts.
• Reconcile physical stock with book stock and account for differences.

3. Financial Analysis and MIS

• Prepare monthly MIS: P&L by plant or product line, cost trends and key ratios.
• Analyse budget vs actual and explain major variances.
• Track working capital: receivables ageing, payables ageing and inventory days.
• Prepare cash flow statements and fund flow forecasts.

4. Finance Controlling

• Support annual budget preparation and monitor spending against it.
• Check that internal controls and the approval matrix are followed for payments, purchases and expenses.
• Verify vendor bills against PO and GRN before payment (3-way match).
• Monitor capex spending against approvals.
• Flag cost overruns, unusual entries and control gaps to the Finance Manager.

5. Costing

• Prepare and update product costing and the bill of materials (BOM) cost sheet.
• Calculate standard cost and analyse actual vs standard: material, labour and overhead variances.
• Support pricing decisions and quotations for new parts with cost estimates.
• Track scrap, rejection and conversion costs by line or department.
• Assist in the cost audit and maintain cost records as required.

6. Statutory Compliance and Audit

• Support timely GST, TDS and advance tax compliance in coordination with consultants.
• Prepare schedules and data for statutory, internal, tax and cost audits.
• Close audit observations within agreed timelines.

Qualifications and Skills

• Education: B.Com / M.Com. CA Inter, CMA Inter or MBA (Finance) preferred.
• Experience: 36 years in accounts, finalisation and costing, preferably in an automotive or manufacturing company.
• Systems: Hands-on with SAP / Oracle / Tally ERP; advanced Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS).
• Knowledge: Indian Accounting Standards (Ind AS), GST, TDS, cost accounting principles and inventory valuation.
• Personal skills: Accuracy, attention to detail, analytical thinking, meeting deadlines, and clear communication with plant and purchase teams.Role & responsibilities