Finance Controller(Manufacturing)

7 days ago

Mulund West Mumbai Maharashtra, India Opt4Solution Private Limited 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**:

- Paid sick time
- Provident Fund

Schedule:

- Day shift

Application Question(s):

- 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
- Do you have experience in preparing MIS reports, such as RM outstanding, payment status, and follow-ups?

**Experience**:

- accounting within the manufacturing industry: 3 years (required)

Work Location: In person

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