Accounts And Finance Manager

The Manager Accounts amp Finance shall be responsible for managing the overall accounting financial reporting manufacturing cost control budgeting taxation inventory valuation and financial compliance functions of the organization The position requires strong expertise in manufacturing finance product costing ERP-based accounting financial analysis and management reporting to ensure accurate financial records effective cost management operational efficiency and informed business decisions

Oversee day-to-day accounting operations including general ledger accounts payable accounts receivable and bank reconciliations Ensure timely preparation and finalization of monthly quarterly and annual financial statements Prepare Profit amp Loss Statements Balance Sheets Cash Flow Statements and financial MIS reports Ensure compliance with applicable accounting standards including IFRS Monitor financial transactions accounting accuracy and internal financial controls

Develop and maintain product-wise cost sheets including raw materials labour utilities and manufacturing overheads Monitor Bill of Materials BOM material consumption production output and standard versus actual costs Conduct variance analysis covering material consumption labour efficiency production overheads and wastage Analyze product-wise profitability production costs and gross profit margins Coordinate with Production Stores Purchase and Maintenance departments to identify cost-reduction opportunities Monitor work-in-progress WIP finished goods and manufacturing cost allocation

Prepare annual operating budgets departmental budgets and financial forecasts Monitor actual expenditure against approved budgets Identify financial deviations and recommend corrective actions Support capital expenditure CAPEX planning investment evaluation and cost-benefit analysis Assist senior management in financial planning and strategic decision-making

Supervise inventory accounting and valuation of raw materials WIP consumables spare parts and finished goods Conduct periodic inventory reconciliations with ERP records and physical stock Monitor slow-moving obsolete and non-moving inventory Manage working capital through effective receivables payables and inventory monitoring Ensure accurate accounting of material receipts consumption stock transfers and production entries

Ensure compliance with applicable VAT Corporate Tax and other statutory requirements Coordinate with internal and external auditors for financial and statutory audits Prepare audit schedules reconciliations and supporting documentation Maintain proper accounting records and ensure compliance with company financial policies Implement audit recommendations and strengthen financial controls

Supervise accounting transactions and financial reporting through ERP systems such as SAP Oracle Tally or equivalent manufacturing ERP software Ensure accurate integration of Purchase Inventory Production Sales and Finance modules Review BOM mapping production consumption entries inventory valuation and cost allocation Identify ERP accounting discrepancies and coordinate their timely resolution Develop automated MIS reports and improve accounting process efficiency

Prepare and monitor cash flow forecasts and fund requirements Supervise banking transactions payment processing and reconciliations Monitor vendor payments customer collections and outstanding balances Ensure adequate liquidity for manufacturing and…