Sr.Exe - Accounts Finalization

Walplast Products; Navi Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Walplast Products in Navi Mumbai is seeking a Chartered Accountant to lead Opex and working capital governance, with ownership of expense bookings, ageing, and close processes. You will drive TB hygiene, reconciliations, and timely financial reporting under Ind AS, aligning with statutory requirements.

In this role, you’ll coordinate intercompany invoicing, credit/debit notes, and vendor/customer reconciliations, while strengthening internal controls and driving process improvements across the

Qualifications

• Own accounting and review of Opex and working capital bookings.
• Oversee monthly, quarterly, and annual book closures with reconciliations.
• Prepare financial statements under Ind AS and ensure compliance.
• Act as single point of ownership for audit queries on Opex and current balances.
• Manage intercompany invoicing, credits/debits, and reconciliations.
• Strengthen internal controls and drive standardization across processes.

Responsibilities

• Own accounting, review, and control over Operating Expenses booking by Plant Teams.
• Drive governance over Current Assets and Current Liabilities including vendor/customer balances, accruals, and advances.
• Ensure timely identification, ageing, and closure of open items with escalation of long-pending balances.
• Own sections of the Trial Balance and maintain high-quality GL hygiene for Opex and WC accounts.
• Perform book closures monthly, quarterly, and annually with signed-off reconciliations.
• Prepare financial statements under Ind AS and ensure regulatory compliance.
• Serve as single point of ownership for audit queries and ensure audit-ready documentation.
• Manage Intercompany Service Invoicing, credits/debits, and reconciliations; periodic customer/vendor reconciliations.
• Strengthen controls, drive process improvements, SOP adherence, and maker-checker discipline.
• Coordinate with plant teams and procurement to ensure complete expense capture.

Skills

Financial reporting

Audit readiness

Opex & working capital

Intercompany invoicing

Controls & process improvement

Education

Chartered Accountant (CA)

Tools

ERP software

Job description

Role & responsibilities

1. Opex & Working Capital Governance

• Own accounting, review, and control over Operating Expenses booking by Plant Teams, ensuring correctness, proper classification, and period alignment.
• Drive governance over Current Assets and Current Liabilities, including:
  • Vendor and Customer balances, provisions, accruals, and advances
  • Other receivables, deposits, and short-term assets
• Ensure timely identification, ageing, and closure of open items, with clear accountability and escalation of long-pending balances.

2. Books Closure & Financial Hygiene

• Own relevant sections of the Trial Balance, ensuring high-quality GL hygiene with a focus on Opex and working capital accounts.
• Perform monthly, quarterly, and annual book closures within defined timelines, with zero tolerance for unreconciled balances.
• Ensure all reconciliations (vendor, advances, accruals, provisions, and other current accounts) are completed, reviewed, and signed off.

3. Financial Reporting & Compliance

• Support preparation and finalization of financial statements in compliance with Ind AS, with specific ownership of schedules relating to Opex and current items.
• Ensure regulatory and statutory compliance in areas handled, including Companies Act and applicable reporting requirements.

4. Audit & Assurance Readiness

• Act as a single point of ownership for audit queries relating to Opex and current balance sheet items.
• Ensure audit-ready documentation, reconciliations, and schedules with proper backups and explanations.

5. Intercompany, Invoicing & Reconciliation Controls

• Manage and review Intercompany Service Invoicing, ensuring proper documentation, and timely recording across entities.
• Ensure accurate accounting of Credit Notes and Debit Notes (both customer and vendor), with proper linkage to underlying transactions and approvals.
• Perform Customer and Vendor Reconciliations on a periodic basis, ensuring completeness, accuracy, and timely resolution of differences.

6. Controls, Process Improvement & Discipline

• Strengthen internal controls over expense booking, provisioning, and liability recognition.
• Identify and plug process gaps leading to leakages, delays, or inaccuracies in Opex and working capital reporting.
• Drive standardization, automation, and documentation (SOP adherence) across processes handled.
• Ensure strict adherence to timelines, maker-checker discipline, and review mechanisms.

7. Stakeholder Coordination & Behavioural Expectations

• Work closely with plant teams, procurement, and other functions to ensure completeness and accuracy of expense and liability capture.
• Demonstrate high ownership mindset proactively resolve issues rather than escalating incomplete work.
• Bring analytical thinking and questioning mindset to challenge unusual trends or balances.
• Ensure clear communication, accountability, and closure orientation in all deliverables.
• Actively contribute to building a robust, disciplined, and IPO-ready finance function.

Preferred candidate profile

CA with 0 -1 Years in similar roles with post-qualification experience in Accounts finalization, reporting, and audits