Job Description: Assistant General Manager-Accounts Finalization & Financial Reporting

- Location: Corporate Office, Hyderabad (Jeedimetla)
- Experience: 710 Years (Post-CA Qualification)
- Education: Chartered Accountant
- Industry Preference: Manufacturing mandatory (Strong preference for Steel, Metals, Cement or Process Manufacturing from Listed Entities)
- CTC Up to: Rs. 25 Lacs
- Reporting To: CFO

Position Overview

Jai Raj Ispat Limited is seeking a meticulous, sharp and experienced Chartered Accountant (7–10 years PQE) to lead the Financial Accounting, Finalization and Statutory Compliance function.

Reporting directly to the CFO, the candidate will take complete ownership of monthly, quarterly and annual accounts finalization, driving Indian Accounting Standards (Ind AS) compliance, managing internal/statutory audits and ensuring robust financial controls across plant locations and corporate operations.

Key Responsibilities

1. Accounts Finalization & Financial Statements

- Lead the monthly, quarterly and annual closure of books of accounts in accordance with Ind AS and Companies Act requirements.
- Prepare standalone and consolidated financial statements, including Balance Sheet, Profit & Loss Account, Cash Flow Statement and comprehensive disclosures.
- Manage chart of accounts, GL scrub, accruals, provisions, inter-company reconciliations and plant-level accounting integrations.

2. Manufacturing Costing, Inventory & Fixed Assets

- Oversee inventory valuation, raw material consumption accounting (scrap, sponge iron, billets, TMT), yield loss analysis and WIP tracking across manufacturing units.
- Maintain the Fixed Asset Register (FAR), manage capital work-in-progress (CWIP) capitalization,



impairment testing and depreciation calculations as per Companies Act/Ind AS.
- Implement strong internal controls over physical stock verification and variance analysis.

3. Audit Management & Governance

- Act as the principal nodal point for Statutory Auditors, Internal Auditors, Cost Auditors and Tax Auditors.
- Prepare audit schedules, ensure timely resolution of audit queries and drive zero-observation audit reports.
- Strengthen Internal Financial Controls (IFC) framework, SOPs and risk management protocols for financial transactions.

4. Direct/Indirect Taxation & Regulatory Compliance

- Partner with the tax team to ensure accurate accounting of GST, TDS, TCS and Income Tax provisions.
- Ensure compliance with CARO reporting, Schedule III presentation and statutory filing timelines.
- Support the CFO in preparing financial decks, board presentation materials and management audit committee notes.

Candidate Profile & Eligibility

- Qualification: Qualified Chartered Accountant (CA) is mandatory.
- Experience: 7 to 10 Years of post-qualification experience in core accounting, finalization and financial reporting within manufacturing setup.
- Industry Background: Heavy manufacturing experience is essential. Direct experience in Steel / Metals manufacturing listed entities will be given strong preference.
- Technical Skills:
- Deep practical command over Ind AS, Schedule III, Companies Act 2013 and CARO.
- Expert proficiency in ERP systems (SAP FICO / Oracle / Senior-level ERP environments) and advanced Excel.
- Solid understanding of manufacturing plant accounting, inventory costing and CWIP tracking.

- Leadership & Traits: Solid analytical rigour, eye for detail, ability to lead a team of accountants and handle high-pressure audit deadlines.

📌 Assistant General Manager Accounts (Hyderabad)
🏢 Jai Raj Ispat
📍 Hyderabad