Plant Accounting Manager

10 hours ago


Jaipur, India Derewala Industries Limited Full time

About Derewala Industries Ltd.:Derewala is a name synonymous with innovation, sustainability, and quality in the world of jewelry manufacturing. With cutting-edge technology and a global clientele, we are committed to creating timeless pieces while maintaining eco-friendly practices. Since our humble beginnings in 1987, we have adhered to the highest standards of quality and on-time delivery. Headquartered in Jaipur, India's jewellery hub, Derewala has expanded its global footprint, serving esteemed clients in over 30 countries across 6 continents.Location- Sitapura, Jaipur.Working Days- 6Industry - Jewellery ManufacturingKey Responsibilities-A. Financial Accounting & Reporting- Oversee and manage day-to-day accounting operations at the plant level in compliance with company policies and accounting standards (IND-AS / Companies Act).- Ensure accurate and timely posting of all plant-related transactions in the ERP system.- Perform month-end and year-end closing activities, including journal entries, accruals, and reconciliations.- Prepare plant-level financial statements, variance analysis, and MIS reports for management review.- Ensure timely submission of data to corporate accounts for consolidation.B. Costing & Inventory Control- Supervise and validate product costing, process costing, and variance analysis (material, labor, and overhead).- Work closely with production, purchase, and stores teams to monitor consumption and wastage.- Ensure accurate valuation of WIP (Work in Progress) and finished goods inventory.- Conduct monthly inventory reconciliations and physical verification in coordination with operations.- Support cost reduction initiatives through analysis of cost trends and efficiency improvements.C. Accounts Payable & Receivable Coordination- Oversee the AP process for plant-related purchases and expenses in a digitized environment.- Ensure proper 3-way matching (PO–GRN–Invoice) and compliance with GST and TDS regulations.- Review vendor and service provider payments, ensuring adherence to credit terms and approval workflows.- Coordinate with corporate treasury for



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