Financial Manager

2 weeks ago

Ellore, Andhra Pradesh, India beBeeAccountant Full time ₹ 4,00,000 - ₹ 7,00,000

We are seeking an experienced Financial Analyst to join our team. In this role, you will be responsible for managing purchase and cost accounts, ensuring compliance with accounting standards and company policies.

Key Responsibilities:

  • Purchase Accounting & Controls
    • Verify and process purchase transactions and vendor invoices, ensuring accurate recording of financial data.
    • Evaluate and implement controls to prevent errors and discrepancies in purchase accounting processes.
    • Reconcile GRNs, POs, and invoices to ensure accuracy and completeness of financial records.
    • Validate purchase orders, goods receipt notes (GRNs), and vendor invoices for raw materials, spares, consumables, and capital goods.
    • Monitor vendor balances, advances, and resolve discrepancies in a timely manner.
  • Vouching and Internal Checks
    • Perform detailed vouching of accounting entries, including purchases, expenses, and fixed assets, to ensure accuracy and authenticity of financial records.
    • Ensure that all supporting documents, such as invoices and approvals, are properly maintained and easily accessible.
    • Identify anomalies, errors, or fraudulent transactions and flag them for corrective action.
  • Audit Support (Internal & Statutory)
    • Prepare and maintain audit schedules and reconciliations related to purchase and cost accounts.
    • Support internal and external auditors with required documentation and clarifications.
    • Implement audit recommendations and strengthen internal controls accordingly.
  • Cost Center Accounting
    • Allocate expenses to correct cost centers in accordance with company policies.
    • Monitor cost center budgets vs actuals and report variances.
    • Assist in financial reporting by preparing cost center-wise P&L statements.

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