Account Executive

6 days ago

Hyderabad, Telangana, India Avan Seating Full time

Company Description

Avan Seating is a leading custom furniture manufacturing company dedicated to "Crafting Your Comfort". We specialize in designing and producing high-quality, innovative seating and furniture solutions for commercial, residential, and institutional spaces. Our commitment to craftsmanship, quality materials, and client satisfaction ensures exceptional results for every project.

Role Description

Avan Seating is seeking an experienced Accountant to manage financial operations. The Accountant will be responsible for managing all aspects of financial accounting and reporting for our manufacturing operations. This role requires a strong understanding of cost accounting principles, inventory management, and general ledger operations, ensuring accuracy and compliance with accounting standards. The Accountant will play a crucial role in financial analysis, budgeting support, and process improvement initiatives within the finance department

  • General Ledger Management:
  • Oversee and manage general ledger operations, ensuring accurate and timely month-end, quarter-end, and year-end close processes.
  • Perform complex account reconciliations and resolve discrepancies.
  • Maintain fixed asset register and ensure proper depreciation calculations.
  • Cost Accounting & Inventory:
  • Develop and maintain accurate standard costs for raw materials, work-in-progress, and finished goods.
  • Analyze manufacturing costs, including direct labor, direct materials, and overhead.
  • Monitor and analyze inventory valuations, obsolescence, and reserves.
  • Participate in physical inventory counts and cycle counts, reconciling discrepancies.
  • Provide cost analysis for new product development and existing product lines.
  • Compliance & Audit:
  • Ensure compliance with all relevant Indian accounting standards, tax regulations, and internal policies.
  • Assist with internal and external audits, providing necessary documentation and explanations.
  • Prepare and file various tax returns (e.g., GST/VAT, TDS, income tax) as required.
  • Budgeting & Forecasting Support:
  • Assist in the annual budgeting process and periodic financial forecasting.
  • Provide financial data and analysis to support departmental budget owners.
  • Process Improvement:
  • Identify and implement opportunities for process improvement and automation within the finance function.
  • Contribute to the enhancement of internal controls and financial systems (e.g., ERP).
  • Team Collaboration:
  • Collaborate effectively with other departments (e.g., Production, Sales, Procurement) to gather financial data and provide support.
  • May assist in mentoring junior accounting staff.

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