18 Aug
|
The Peoplemosaic Hr Services
|
Bhiwandi
18 Aug
The Peoplemosaic Hr Services
Bhiwandi
Job Description: Senior Accountant Garment Industry (Bhiwandi)
Company: One of our leading clients in Garments
Position: Senior Accountant
Industry: Garments / Apparel Manufacturing & Trading
Location: Bhiwandi, Maharashtra
Experience: 8–10 years (Mandatory – preferably in garment/textile industry)
Qualification: B.Com / M.Com / MBA Finance / CA Inter (preferred)
Role Summary
The Senior Accountant will manage complete accounting operations for a garment manufacturing/trading setup in Bhiwandi. The role requires robust knowledge of garment costing, inventory management, taxation (GST/TDS), MIS reporting, and coordination with internal and external stakeholders.
Key Responsibilities
1. Accounting & Financial Operations
Maintain day-to-day accounting, ledger scrutiny, and trial balance finalization.
Prepare monthly/annual financial statements including P&L;, Balance Sheet, Cash Flow.
Manage accounts receivable & payable, vendor reconciliation, and debtor follow-ups.
Review and authorize payment entries, purchase bills, and production-related cost entries.
2. Garment Industry–Specific Responsibilities
Handle garment costing: fabric consumption, trims, accessories, labour, overheads.
Coordinate with production, merchandising, and stores for consumption and WIP reports.
Monitor inventory of fabric, yarn, accessories, and finished goods in ERP/Tally.
Manage job-work accounting, outsourcing payments, cutting/finishing unit entries, etc.
Analyze cost variances and update management on pricing/margins.
3. Statutory Compliance & Taxation
Responsible for monthly GST returns (GSTR-1, GSTR-3B) and reconciliation.
Manage TDS deduction, payments, and quarterly returns.
Coordinate with internal/external auditors for statutory & tax audits.
Maintain documentation for export incentives (if export operations exist).
4. Payroll & Statutory Payments
Oversee salary processing, attendance reconciliation, and wage sheet verification.
Ensure timely PF, ESIC, and Professional Tax payments & filings.
5. MIS, Reporting & Controls
Generate MIS reports: production cost, sales, profitability, ageing analysis, cash flow.
Assist in budgeting, forecasting, and cost-control measures.
Ensure internal controls for cash, inventory, and purchase processes.
6. Banking & Finance
Handle bank reconciliation, cash flow planning, and vendor payment scheduling.
Coordinate with banks for LC, packing credit, overdraft limits (if required).
Skills & Competencies Required
Strong experience in garment/textile manufacturing accounts.
Excellent knowledge of Tally Prime/ERP systems.
Advanced knowledge of Excel (VLOOKUP, pivot tables, MIS).
Strong understanding of GST, TDS, and statutory compliance.
Accuracy, analytical skills, and ability to work in a fast-paced garment hub like Bhiwandi.
Strong coordination skills with production, store, merchandising, and management team
📌 Senior Accountant - Garment Industry (Bhiwandi)
🏢 The Peoplemosaic Hr Services
📍 Bhiwandi