Job Summary

We are seeking a detail-oriented and analytical Accountant to manage the financial operations of our food processing plant. The ideal candidate will possess a strong understanding of cost accounting principles, inventory management, and compliance requirements specific to the food manufacturing industry. You will play a key role in tracking production costs, analyzing operational efficiency, and ensuring the financial health of our manufacturing operations.

Key Responsibilities

1. Financial Reporting & Analysis:

- Management Reporting: Prepare daily, weekly, and monthly operational and financial reports for plant management (e.g., production cost reports, efficiency reports, gross margin analysis).
- Budgeting & Forecasting: Assist in the development of the annual operating budget and periodic forecasts for the plant.
- Profitability Analysis: Analyze product line profitability and provide insights to support strategic decision-making.

2. Cost Accounting & Management:

- Cost Analysis: Calculate the cost of goods sold (COGS) for individual products, including raw materials, direct labor, and manufacturing overhead.
- Standard Costing: Develop, maintain, and update standard costs for all finished goods and raw materials. Analyze and report on variances between standard and actual costs.
- Yield Analysis: Monitor and report on production yields, identifying variances and working with production managers to investigate causes (e.g., waste, shrinkage, machine efficiency).
- Overhead Allocation: Accurately allocate manufacturing overhead to products using appropriate drivers (e.g., machine hours, labor hours).

3. Inventory Management & Control:

- Inventory Valuation: Manage inventory accounting using appropriate methods (FIFO is common due to perishability). Perform regular inventory reconciliations.
- Perishable Goods Tracking: Implement and monitor controls for tracking raw materials (e.g., produce, meat, dairy) with limited shelf lives to minimize obsolescence and write-offs.




- Cycle Counts & Physical Inventory: Lead and/or participate in regular cycle counts and annual physical inventory audits. Investigate and reconcile discrepancies.
- Waste & By-Product Reporting: Track and account for waste, scrap, and by-products, ensuring proper valuation and disposal.

4. Compliance & Operational Support:

- Regulatory Compliance: Ensure compliance with industry-specific regulations GMP (Good Manufacturing Practices) as they relate to financial controls and traceability.
- Internal Controls: Maintain and enforce robust internal controls over financial reporting, inventory, and fixed assets within the plant.
- Audit Support: Serve as a key point of contact for both internal and external auditors, providing necessary documentation and explanations.

Qualifications & Experience

- Education: Bachelors degree in Accounting, Finance, or a related field.
- Certification: CPA or CMA certification is a solid plus.
- Experience:

- Minimum of 5 years of accounting experience, with at least 2 years in a manufacturing environment (food processing highly preferred).
- Proven experience with cost accounting, standard costing, and variance analysis.
- Hands-on experience with inventory management and valuation in a perishable goods environment.

Required Skills & Competencies

- Technical Skills:
- Proficiency in ERP systems and advanced Microsoft Excel skills (PivotTables, VLOOKUPs, etc.).
- In-depth knowledge of GAAP (Generally Accepted Accounting Principles).
- Proficiency in Tally Prime

- Analytical Skills: Strong ability to analyze complex data, identify trends, and solve problems.
- Attention to Detail: Meticulous accuracy in handling financial data and inventory records.
- Communication Skills: Excellent verbal and written communication skills to effectively interact with both finance and non-finance personnel (e.g., production managers, warehouse staff).
- Organizational Skills: Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Collaboration: A team player who can work effectively with cross-functional teams.

📌 Senior Accountant (Hyderabad)
🏢 Curry Tales Technology
📍 Hyderabad