Key Responsibilities 1. Financial Accounting & Reporting

- Maintain accurate books of accounts for the manufacturing unit.
- Ensure timely monthly, quarterly, and annual financial closing.
- Prepare plant-level Profit & Loss Account, Balance Sheet, and MIS reports.
- Reconcile plant accounts with corporate finance.
- Ensure adherence to accounting standards and company policies.

2. Cost Accounting

- Maintain standard costing and actual product costing for composite fertilizers.

- Analyze

- Raw material consumption

- Utility costs

- Energy costs

- Conversion costs

- Manufacturing overheads
- Conduct variance analysis against budgets and standards.
- Determine product-wise profitability.
- Monitor production yields and process losses.
- Support pricing decisions through detailed cost analysis.

3. Inventory & Stores Accounting

- Supervise accounting of:

- Raw materials

- Packing materials
- Work-in-Process (WIP)

- Finished goods

- Consumables

- Spares
- Ensure inventory valuation complies with applicable accounting standards.
- Conduct periodic physical stock verification.
- Investigate inventory discrepancies and implement corrective actions.
- Monitor inventory ageing and slow/non-moving inventory.

4. Budgeting & Financial Planning

- Prepare annual plant budgets.
- Develop operating expenditure (OPEX) and capital expenditure (CAPEX) budgets.
- Monitor budget utilization and analyze variances.
- Forecast monthly cash flow requirements.
- Support long-term financial planning for plant expansion and modernization.

5. Manufacturing Cost Control

- Monitor:

- Production costs





- Utility consumption

- Maintenance expenses

- Labour costs

- Procurement costs
- Identify cost-saving opportunities.
- Recommend process improvements to enhance profitability.
- Develop cost control dashboards and key performance indicators (KPIs).

6. Statutory Compliance Ensure timely compliance with:

- GST
- Income Tax (TDS/TCS)
- Companies Act requirements
- Cost Audit
- Internal Audit
- Statutory Audit
- Environmental and other applicable regulatory reporting
- Government subsidy documentation and compliance (where applicable)

Coordinate with external auditors and regulatory authorities during audits and assessments. 7. Fixed Asset Management

- Maintain the Fixed Asset Register.
- Capitalize project expenditures.
- Verify asset additions and disposals.
- Calculate and account for depreciation.
- Conduct periodic physical verification of fixed assets.

8. Internal Controls & Risk Management

- Strengthen financial controls across plant operations.
- Ensure compliance with Standard Operating Procedures (SOPs).
- Monitor delegated financial authorities.
- Identify financial risks and implement mitigation measures.
- Support internal control testing and continuous improvement initiatives.

9.



Working Capital Management

- Monitor receivables and payables related to plant operations.
- Optimize inventory levels to improve working capital efficiency.
- Track vendor payments and advance settlements.
- Support treasury by providing plant-level cash flow forecasts.

10. Business Partnering

- Collaborate with:

- Plant Head

- Production

- Maintenance

- Procurement

- Supply Chain

- Quality Assurance

- Corporate Finance
- Provide financial insights to support operational decision-making.
- Evaluate capital investment proposals and prepare financial feasibility analyses.

Key Performance Indicators (KPIs)

- Timely monthly financial closing
- Accuracy of product costing
- Budget adherence
- Manufacturing cost reduction
- Inventory accuracy
- Inventory turnover
- Working capital optimization
- Audit compliance
- Timely statutory filings
- Reduction in financial control observations
- Cost savings achieved
- Plant profitability improvement

Technical Competencies

- Manufacturing accounting
- Cost accounting and variance analysis
- Inventory accounting
- Budgeting and forecasting
- Financial planning and analysis (FP&A;)
- GST, Income Tax, and Companies Act compliance
- Internal financial controls
- ERP systems (SAP, Oracle, Microsoft Dynamics, or equivalent)
- Advanced Microsoft Excel and MIS reporting
- Cost audit and statutory audit coordination

Qualification: CA with 12+ years of experience. Job Location: Dhule, Maharashtra

Contact on: (phone hidden) [email protected]

📌 Head Accounts and Finance (Dhule)
🏢 United HR Solutions
📍 Dhule