Role & responsibilities

Job Purpose The role is primarily responsible for ensuring accurate financial reporting, compliance with Ind AS, inventory accounting and valuation, month-end and year-end closing activities, budgeting, and rolling forecasts. The incumbent will support management reporting and contribute towards improving financial processes, SOP adherence, and reporting quality. Key Responsibilities 1. Financial Reporting & Ind AS Compliance • Prepare monthly, quarterly, and annual financial statements in compliance with Ind AS. • Support statutory audits, internal audits, and other financial reviews. • Ensure accurate accounting treatment and compliance with applicable accounting standards. • Assist in preparing management reports, financial analysis, and board presentations. • Review accounting transactions to ensure proper classification and presentation. 2. Inventory Accounting & Valuation • Manage inventory accounting and valuation processes. • Perform inventory reconciliation between physical stock and ERP records. • Review inventory movements, consumption patterns, slow-moving and obsolete inventory provisions. • Ensure compliance with inventory valuation policies and accounting standards. • Support periodic physical stock verification and variance analysis. 3. Month-End, Quarter-End & Year-End Closing • Execute month-end, quarter-end, and annual book closure activities within defined timelines. • Review and pass necessary journal entries, accruals, provisions, and adjustments. • Perform detailed balance sheet reconciliations and analytical reviews. • Monitor closing checklists and ensure adherence to reporting deadlines. • Coordinate with operational teams for timely availability of accounting information. 4. General Ledger Management & Account Scrutiny • Conduct detailed scrutiny of General Ledger accounts. • Verify accounting entries for accuracy, completeness, and compliance. • Review Chart of Accounts (CoA) and recommend improvements where required.



• Identify accounting anomalies and ensure corrective actions are implemented. • Maintain robust control over reconciliations and account substantiation. 5. Budgeting & Forecasting • Support preparation of annual budgets and long-term financial plans. • Prepare monthly rolling forecasts and variance analysis. • Coordinate with business functions for collection and validation of forecast assumptions. • Upload and maintain budget and forecast data in Tagetik. • Analyze actual performance against Budget and Forecast and provide insightful commentary. 6. SOP Compliance & Internal Controls • Ensure adherence to approved SOPs and financial governance processes. • Participate in control testing and process improvement initiatives. • Monitor compliance with internal policies and approval matrices. • Support implementation of best practices in finance and accounting operations. 7. MIS & Management Reporting • Prepare monthly MIS reports and management dashboards. • Develop meaningful financial analyses for management decision-making. • Support preparation of presentations for leadership, banks, auditors, and shareholders. • Assist in standardization and automation of financial reports. Required Technical Skills Accounting & Finance • Strong knowledge of Ind AS and financial reporting requirements. • Good understanding of inventory accounting and valuation methodologies. • Strong understanding of accounting entries, ledger scrutiny, and account reconciliations. • Knowledge of financial statement preparation and disclosure requirements. • Familiarity with manufacturing accounting processes will be preferred. Systems & Tools • Advanced proficiency in Microsoft Excel. • High speed and efficiency in handling large datasets. • Strong PowerPoint presentation preparation skills. • Experience with ERP systems such as SAP is desirable. • Knowledge or exposure to Tagetik budgeting and forecasting tool will be an added

Preferred candidate profile

Note- The person should have CA qualified

📌 assistant manager (Navi Mumbai)
🏢 BCS Consulting
📍 Navi Mumbai