Deputy Manager- Plant Accounts

The Deputy Manager – Accounts Incharge Plant will play a pivotal role in overseeing the overall accounting, book finalization, monthly MIS & Reporting, Internal control and compliances in manufacturing unit. This role is responsible for ensuring internal control, implementing company standard operating procedure , process improvement , TDS & GST compliances, MSME compliances, correct and timely disbursement etc. to vendors. Key Responsibilities 1. Ensuring correct and timely recoding of Accounts Payable. - Ensuring correct vendor master as per company policy and SOP - Ensuring that all payable (both Material & Services) are appropriately approved and timely recorded - Proper control over shortage / rejected / price difference debit note - Ensuring timely disbursement to AP as per Company Policy / Legal compliances - Ensuring Correct deduction of TDS and correct GST input / accounting - Ensure that the invoices for goods and services are processed with accuracy in terms of pricing, quantities, and terms of agreement - Ensure maintenance of accurate and up-to-date records of all invoices, payment transactions, and approvals for audit purposes 2. Year End / Month end Closing & Statutory Audit - Ensure periodical account reconciliation with vendors and balance confirmation. Discrepancies, if any are identified and resolved promptly - Ensure monthly reconciliation of accounts payable ledger and timely month/ year-end closing process - Control over MSME / GST / Income tax regulation - Response to auditors queries as per TAT defined - Ensure closure of GSTR2B unreconciled items - Monthly closing, provisioning and reporting to management before due date – Financial statement of Plant as per defined format - Monthly / Yearly closing activities, including Bank reconciliation, Assets and Liabilities review and settlement of any over due outstanding. 3. Fixed Assets control, addition & deletion , depreciation calculation and accounting - Monthly Review of CWIP and ensuring timely booking of fixed assets - Fixed assets addition / deletion details on monthly basis - Correct GST input on fixed assets - Depreciation calculation as per company act and income tax act - Fixed assets register as per defined format - Ensuring proper FA tagging on Assts - Yearly physical verification of assets 4. Timely and Correct disbursement - Schedule and ensure that payments are processed to suppliers on time in accordance with payment terms - Establish control to avoid any duplicate payment / wrong RTGS etc. - Ensure all payments are in line with the company's financial policies, tax regulations, and internal controls - Ensure timely and accurate payments related to taxes such as withholding taxes and GST (if applicable) 5. Inventory Valuation and control - Monthly valuation of inventory ( RM/WIP/ FG – Mfg/ Traded items etc) - Ensuring timely dispatch of rejected materials to suppliers - Half yearly physical verification of inventories - FG Qty reconciliation ( OB- Inward – outward – CB)- Trading and manufacturing - Control over slow / non moving inventories 6. Stakeholder Engagement - Collaborate with external auditors, Plant Head / Purchase head to ensure compliance and resolve any issues related to financial matter of Plant - Coordinate with other plant / HQ regarding disbursement of overdue outstanding, TDS / GST Compliances / Monthly closing Key Competencies - Deep knowledge of accounting principles, financial reporting standards, and statutory regulations, particularly for large, multi-divisional organizations - Proficiency in accounting software and ERP systems homegrown as well as SAP - Strong troubleshooting abilities in financial processes - Strong MS Excel skills for financial analysis and reporting Qualifications and Experience: - Education: CA/CMA with experience in Finance, Accounting, or a related field. - Experience: - Must have exposure in Managing account & finance in Manufacturing set up. - Minimum 6-8 years of experience in accounting, auditing, and financial reporting in Manufacturing facility. - Experience in managing financial processes for a newly / running Manufacturing set up. Location- Bhiwadi _Rajasthan Skills: - Strong analytical skills to interpret financial data and provide actionable insights to senior management - Strong team management and leadership skills - Proactive in identifying discrepancies and resolving audit queries, statutory compliance issues, and process bottlenecks - Effective communication skills Interested candidates can share their profile on digvijay.s@jaquar.com.