Accounts Manager

Job Description – Accounts/Finance Manager

Company: Liasotech Private Limited

Location: Jamshedpur, Jharkhand

Industry: Manufacturing, Fabrication, Engineering Services, AMC/ARC

Role Type: Full-Time

Department: Accounts & Finance

About Liasotech Private Limited

Liasotech Private Limited is a reputed engineering, fabrication, and industrial service provider based in Jamshedpur and a registered vendor of Tata Steel and other leading steel & power companies. The company undertakes manufacturing, project maintenance, fabrication, equipment supply, and AMC/ARC service contracts. We are seeking a highly skilled Accounts/Finance Manager to lead the financial functions, ensure statutory compliance, and support organizational growth.

1. Position Summary

The Accounts/Finance Manager will oversee financial planning, accounting operations, statutory compliance, billing functions, HR statutory compliance, budget forecasting, vendor/client coordination, and project cost control. This role requires strong experience in manufacturing accounting and working with industrial clients such as Tata Steel.

2. Key Responsibilities A. Financial Accounting & Reporting

• Oversee and maintain accurate books of accounts in Tally ERP/Prime.
• Manage ledger scrutiny, journal entries, bank reconciliation, and monthly/annual closing of accounts.
• Prepare and analyze P&L, Balance Sheet, Cash Flow, Fund Flow statements.
• Prepare consolidated MIS reports and financial dashboards for management.

B. Budgeting, Forecasting & Financial Planning

• Prepare annual budgets and periodic financial forecasts.
• Monitor budget utilization, analyze variances, and recommend corrective actions.
• Assist management in strategic planning, capital expenditure decisions, and cost optimization.

C. Billing, Receivables & Cash Flow Management

• Oversee billing for manufacturing, fabrication, supply, and AMC/ARC contracts.
• Handle Tata Steel vendor billing processes (e-procurement, SES, WCC, SAP compliance).
• Conduct receivables analysis, reduce debtor ageing, and ensure healthy cash flow.
• Monitor fund requirements and coordinate with banks for financing arrangements.

D. Taxation & Statutory Compliance (Finance & HR)

• Ensure accurate and timely filing of GST (GSTR-1, GSTR-3B, GSTR-9), TDS returns, and income tax compliance.
• Maintain statutory compliance for HR including PF, ESI, PT, Bonus Act, Gratuity, and labour law requirements.
• Liaise with auditors for internal, statutory, tax, and GST audits.
• Ensure compliance with Companies Act, MSME regulations, and other local laws.

E. Inventory, Costing & Manufacturing Finance

• Oversee inventory valuation, raw material tracking, and WIP management.
• Conduct job costing, fabrication costing, project-based cost analysis, and margin assessments.
• Work closely with store & production teams for material consumption reconciliation.

F. Vendor Management & Purchase Finance

• Scrutinize vendor invoices, contracts, and process payments as per policy.
• Maintain vendor ledgers and ensure timely reconciliation.
• Support vendor registration and compliance for Tata Steel and other industrial clients.

G. AMC/ARC Contract Finance & Project Tracking

• Maintain contract-wise cost tracking for AMC/ARC operations.
• Monitor manpower cost, consumables, spares consumption, and project profitability.
• Ensure timely preparation of WCC, service reports, and documentation for billing.

H. Team Leadership & Coordination

• Lead the accounts team, train staff, and ensure process efficiency.
• Coordinate with HR, production, procurement, stores, and project teams for seamless operations.
• Strengthen internal financial controls and implement SOPs.

3. Required Skills & Expertise Technical Skills

• Strong knowledge of Tally ERP/Prime, GST portal, advanced Excel (Pivot, VLOOKUP, HLOOKUP, dashboarding).
• Expertise in manufacturing and fabrication accounting, costing, job work accounting, and project finance.
• Detailed understanding of GST, TDS, income tax, HR statutory compliances, and company law requirements.
• Experience handling billing & compliance for Tata Steel and similar industries (preferred).
• Familiarity with AMC/ARC accounting, tender costing, SAP-based systems, e-procurement portals.

Soft Skills

• Strong leadership and team management capabilities.
• High analytical thinking and problem-solving skills.
• Excellent communication, negotiation, and coordination ability.
• Integrity, confidentiality, and result-oriented approach.

4. Qualifications

• M. Com / MBA (Finance) / CA-Inter or equivalent.
• Additional certification in GST, taxation, or financial management is desirable.

5. Experience Required

• 7–12 years of experience in accounts & finance roles.
• Experience in a manufacturing/fabrication/industrial services company is mandatory.
• Prior exposure to Tata Steel vendor ecosystem and steel/power sector industries is highly preferred.
• Experience in handling AMC/ARC projects, costing, and statutory HR compliance is an added advantage.

6. Key Performance Indicators (KPIs)Financial Accuracy & Reporting

• Timeliness and accuracy of monthly/yearly financial statements.
• Accuracy of ledgers, reconciliations, and MIS reports.

Billing & Collection Efficiency

• Reduction in receivable ageing.
• Timely submission of bills to Tata Steel and other clients.
• Improvement in cash flow and working capital metrics.

Compliance Performance

• 100% on-time GST/TDS/HR statutory filings with zero penalties.
• Successful audit closures with minimal observations.

Budget & Forecasting Accuracy

• Variance between projected and actual budgets.
• Effectiveness of cost control measures implemented.

Cost & Inventory Controls

• Accuracy of job costing and manufacturing cost reports.
• Inventory variance reduction and improved material accountability.

Team & Process Efficiency

• Implementation of SOPs and financial controls.
• Productivity and skill development of the accounts team.

7. Key Result Areas (KRAs)KRA 1 – Financial Management

• Maintain accurate books of accounts and ensure timely financial closure.
• Provide management with reliable financial insights.

KRA 2 – Revenue Assurance & Profitability

• Ensure accurate billing and revenue recognition for manufacturing & AMC/ARC projects.
• Support margin improvement through cost analysis and controls.

KRA 3 – Statutory Compliance (Finance & HR)

• Ensure full compliance with GST, TDS, PF, ESI, PT, and labour regulations.
• Manage audits efficiently.

KRA 4 – Budgeting & Cost Control

• Drive budgeting exercise and ensure cost discipline across departments.
• Monitor and optimize production, procurement, and project expenses.

KRA 5 – Organizational Coordination

• Strengthen cross-departmental coordination for financial transparency.
• Support HR, purchase, production, and project teams with financial insights.

Job Types: Full-time, Permanent

Pay: ₹20, ₹40,000.00 per month

Benefits:

• Cell phone reimbursement
• Flexible schedule
• Internet reimbursement
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person