
Business Finance Manager
5 days ago
Job Overview:
- We are seeking an analytical professional to manage purchase accounting, perform vouching, support audit readiness, and oversee cost center allocations.
- The ideal candidate should have a deep understanding of internal controls, procurement processes, and financial reporting to ensure accuracy, compliance, and cost optimization.
Key Responsibilities:
- Purchase Accounting & Controls
- Verify and process purchase transactions and vendor invoices, ensuring compliance with purchase order terms, GST input credit rules, and payment terms.
- Coordinate with the procurement team to reconcile GRNs, POs, and invoices, 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.
- Vouching and Internal Checks
- Perform detailed vouching of accounting entries, including purchases, expenses, and fixed assets, ensuring appropriate supporting documents are in place.
- 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, supporting 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, monitoring cost center budgets vs actuals and reporting variances.
- Assist in financial reporting by preparing cost center-wise P&L statements.
Required Skills & Qualifications:
- Strong knowledge of AS, Ind AS, GST, and TDS provisions.
- Proficiency in ERP systems (SAP, Oracle, Tally, etc.).
- Attention to detail and strong analytical skills.
- Effective communication and coordination skills across departments.
- Ability to work under pressure and meet deadlines.
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