Role & responsibilities The Sr. Executive Factory Accounts will be responsible for managing day-to-day accounting and financial activities at the manufacturing unit, ensuring accurate recording of factory transactions, timely reporting, statutory compliance, cost control, inventory accounting, and coordination between the factory and corporate finance teams.

The role requires solid knowledge of manufacturing accounting, inventory, costing, GST, TDS, vendor accounting, payroll-related accounting, fixed assets, and MIS reporting, with the ability to identify financial discrepancies and support management in controlling factory costs.

Key Responsibilities

1. Factory Accounting & Bookkeeping

- Manage day-to-day accounting transactions of the factory.
- Verify and post purchase, expense, inventory, service, and other factory-related entries.
- Ensure proper accounting and supporting documentation for all factory expenses.
- Review cash, bank, vendor, employee, and inter-unit transactions.
- Perform periodic reconciliation of factory books with corporate accounts.
- Ensure accurate and timely month-end and year-end closing.

2. Inventory & Stores Accounting

- Monitor accounting of raw materials, packing materials, consumables, work-in-progress, and finished goods.
- Reconcile physical stock with ERP/accounting records.
- Coordinate with Stores, Production, Purchase, and Commercial teams for stock discrepancies.
- Review material consumption and identify abnormal variances.
- Support periodic physical inventory verification and audit.
- Ensure proper accounting of material receipts, issues, returns, transfers, and adjustments.

3. Accounts Payable & Vendor Accounting

- Verify vendor invoices against purchase orders, GRNs, service entries, and supporting documents.
- Ensure correct GST, TDS, and other applicable deductions.
- Monitor vendor balances and resolve accounting discrepancies.
- Prepare vendor reconciliation and payment-related reports.




- Coordinate with Purchase and Stores for invoice and GRN mismatches.

4. GST, TDS & Statutory Compliance

- Ensure accurate accounting of GST-related transactions.
- Support GST reconciliation, including purchase/input tax credit reconciliation.
- Ensure timely deduction and accounting of TDS.
- Assist in preparation of data required for GST, TDS, PF, ESI, and other statutory compliance.
- Maintain proper records and documentation for statutory audits and assessments.
- Coordinate with corporate tax/accounts teams for statutory requirements.

5.MIS & Management Reporting

- Prepare periodic factory financial and operational MIS.
- Report production cost, material consumption, inventory, expenses, payables, and cost variances.
- Prepare budget versus actual reports.
- Provide financial data and analysis to Factory Management and Corporate Finance.
- Highlight unusual transactions, cost overruns, control weaknesses, and financial risks.

6. Audit & Internal Controls

- Coordinate with internal, statutory, tax, and other auditors.
- Provide required schedules, ledgers, reconciliations, and supporting documents.
- Ensure compliance with company accounting policies and internal controls.
- Identify process gaps and recommend corrective actions.
- Follow proper authorization and documentation procedures for factory transactions.

Preferred candidate profile :

Textile Industry Knowledge

Candidates with experience in any of the following areas would be preferred:

- Spinning
- Weaving
- Knitting
- Dyeing and processing
- Printing
- Garment manufacturing
- Textile finishing
- Fabric manufacturing
- Home textiles

Knowledge of fabric/yarn inventory, production processes, material consumption, wastage, process loss, job work, subcontracting, production overheads, and standard versus actual consumption will be an advantage.

Educational Qualification

Essential:

- B.Com / M.Com / equivalent qualification

Preferred:

- CA Inter / CMA Inter / MBA Finance
- Professional qualification in Cost & Management Accounting is an added advantage.

📌 Senior Executive- Factory Accounts (Kolkata)
🏢 GLS Realty
📍 Kolkata