Fleet Accountant
2 weeks ago
Key Responsibilities:
1. Fleet Costing & Financial Control
- Develop, maintain, and analyze detailed vehicle-wise and route-wise cost sheets.
- Track all direct and indirect costs including fuel, tyres, maintenance, insurance, driver wages, tolls, and permits.
- Evaluate cost per kilometre (CPKM), cost per trip, and profitability across vehicle types or routes.
- Conduct monthly variance analysis to identify deviations from budgeted norms.
- Monitor fleet operating margins and recommend corrective actions for cost leakages.
2. Budgeting, Forecasting & Cost Optimization
- Prepare and manage annual and monthly fleet budgets in coordination with operations and management.
- Track budget vs. actual performance across fleet, depot, and route levels.
- Identify cost drivers and propose actionable strategies for cost reduction and efficiency improvement.
- Assist in financial feasibility studies for new vehicle acquisitions or route contracts.
- Provide data-driven insights for procurement negotiations and vendor performance evaluations.
3. Accounting, Reconciliation & Reporting
- Ensure accurate and timely accounting of fleet-related transactions in ERP systems.
- Oversee vendor bill reconciliations for fuel, tyres, spares, maintenance, and insurance.
- Maintain vehicle-wise ledgers and cost centres for transparent expense tracking.
- Prepare monthly and quarterly Fleet MIS reports, including cost trends, utilization, and savings analysis.
- Support the finance team in monthly closings, provisions, and audit preparation.
4. Compliance & Documentation
- Ensure accuracy and timeliness of insurance renewals, permits, fitness certificates, and registrations.
- Coordinate with internal and statutory auditors, ensuring compliance with accounting and tax regulations.
- Maintain proper records for GST, TDS, and other statutory filings related to fleet operations.
- Implement strong internal controls to prevent cost overruns and revenue leakages.
Qualifications & Experience:
- Education: B.Com / M.Com / MBA (Finance) / CMA / Inter CA preferred
- Experience: 79 years in fleet costing, transport accounting, or logistics finance
- System Proficiency: Tally ERP, SAP, or similar ERP platforms; Advanced Excel and analytics tools
Key Skills & Competencies:
- Strong expertise in cost accounting and financial analysis specific to fleet operations
- Proficiency in Excel (pivot tables, macros, dashboards) and ERP systems
- Excellent analytical, reconciliation, and reporting capabilities
- In-depth understanding of logistics operations, cost structures, and efficiency levers
- Ability to manage large datasets with precision and accuracy
- Strong coordination and interpersonal skills across finance, operations, and technical teams
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