Finance Controller

7 days ago

Mulund Mumbai Maharashtra, India Opt4solution pvt ltd Full time

**Job Title: Finance Controller**

**Industry: Manufacturing**

**Location: Mulund, Mumbai**

**Work Schedule: Monday to Saturday, 9:00 AM - 5:00 PM**

**Experience Required: Minimum 3 years**

**Salary Range: ₹50,000 - ₹80,000 per month**

**Job Summary**:
**Key Responsibilities**:

- Verify payments of creditor bills processed by the team before submission to management.
- Review and validate credit/debit notes as per purchase and ensure correct deductions.
- Monitor Raw Material (RM) outstanding, ensure correct discounts, and follow up on payments.
- Perform vendor account reconciliations and resolve discrepancies promptly.
- Manage the company’s overall cash flow and ensure fund availability.
- Process salary payments accurately and ensure timely payment of statutory dues
- Attend and resolve finance-related queries from internal stakeholders and factory staff.
- Coordinate with plant teams for cash advances, petty cash management, and supplier payments.
- Handle all banking-related tasks, including loan processing, bank guarantees, LCs, and maintaining relationships with bankers.
- Support the Credit Controller with debtor follow-ups and assist in sales review meetings if needed.
- Verify LC documents and prepare documentation for bank submission.
- Prepare DP (drawing power) statements for banks.
- Oversee export documentation, ensure USD-INR conversion tracking, and coordinate with banks for foreign transactions.
- Handle import payments, verify 15CA/CB forms, and ensure timely USD remittance.
- Verify factory petty cash statements and ensure smooth cash issuance.
- Attend to bank work for directors and handle related financial matters as required.
- Track and reconcile vendor advances, ensure material/service receipt, and collect refunds if needed.
- Ensure all recurring payments (rent, utilities, etc.) are processed on time.
- Handle timely renewal of insurance policies and coordinate claim settlements.

**Required Qualifications & Skills**:

- Minimum 3 years of accounting experience, preferably in a manufacturing environment.
- Proficiency in accounting software (e.g., Tally, SAP, or similar ERP tools).
- Strong understanding of vendor reconciliation, LC documentation, payroll, and statutory compliance.
- Good communication and coordination skills, especially with banks, factory staff, and internal teams.
- Ability to work independently and manage multiple financial functions simultaneously.

**Preferred Qualifications**:

- Experience handling export/import transactions and forex conversions.
- Knowledge of statutory forms like 15CA/CB and experience in bank audits.
- Familiarity with payroll compliance (PF, ESIC, TDS, etc.).

Pay: ₹50,000.00 - ₹80,000.00 per month

**Benefits**:

- Internet reimbursement
- Paid sick time
- Paid time off
- Provident Fund

Schedule:

- Day shift

Application Question(s):

- Do you have experience in preparing MIS reports, such as RM outstanding, payment status, and follow-ups?
- Do you have experience in manufacturing firm/company?
- Are you familiar with handling LC documentation and coordinating with banks for payments and guarantees?
- Have you processed payroll and managed related statutory compliance (PF, ESIC, TDS, etc.)?
- Are you experienced in handling internal and external audits, including preparing required documents and coordinating with auditors?

**Education**:

- Bachelor's (required)

**Experience**:

- Accounting: 3 years (required)

Work Location: In person

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