Job Description

KRISHNA JEWELLERS PEARLS & GEMS PVT. LTD.

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Exquisite Craftsmanship • Timeless Elegance • Trusted Since 1983

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JOB DESCRIPTION

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Assistant Manager – Finance Department

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Department: Finance | Location: Jubilee Hills, Hyderabad | Employment Type: Full-Time |

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ABOUT THE COMPANY

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Krishna Jewellers Pearls & Gems Pvt. Ltd. is a distinguished name in the South Indian jewellery industry, renowned for our exquisite craftsmanship, ethical sourcing, and unwavering commitment to quality. With a legacy built on trust and excellence, we specialize in premium gold, diamond, pearl, and gemstone jewellery. We are seeking a meticulous and experienced Chartered Accountant to lead our finance operations and ensure robust financial governance across our manufacturing, retail, and export divisions.

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POSITION OVERVIEW

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We are looking for a Chartered Accountant (CA) — or a candidate who has attempted the CA final examinations — with 7+ years of relevant post-qualification (or equivalent) experience to join our Finance Department as an Assistant Manager. The ideal candidate will bring strong expertise in statutory compliance, audit, taxation, and financial reporting, with a solid understanding of the regulatory landscape governing the gems and jewellery sector in India.

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KEY RESPONSIBILITIES

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1. Statutory Compliance & Audit

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- Lead and coordinate statutory audits, ensuring timely completion and strict adherence to auditing standards.
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- Prepare and review statutory financial statements and related disclosures in compliance with Ind AS / Indian GAAP.
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- Manage all regulatory filings, including ROC compliance, MCA filings, and other statutory obligations.
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- Act as the primary point of contact for external auditors, tax consultants, and regulatory authorities.
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- Ensure compliance with Income Tax, GST, TDS,



and other applicable tax laws; oversee preparation and filing of tax returns.
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2. Financial Reporting & Controls

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- Oversee month-end and year-end closing processes, ensuring accuracy and timeliness of financial statements.
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- Prepare management accounts with detailed variance analysis and performance commentary for senior leadership.
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- Maintain robust internal financial controls and ensure adherence to accounting policies and procedures.
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- Manage balance sheet reconciliations and resolve discrepancies promptly.
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- Support budgeting, forecasting, and cash flow planning cycles.
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3. Treasury & Operations

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- Monitor working capital and cash flow requirements specific to jewellery manufacturing and trading operations.
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- Oversee inventory valuation and reconciliation, including precious metals, diamonds, and gemstones.
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- Ensure compliance with RBI regulations applicable to the gems and jewellery sector (e.g., FEMA, export obligations).
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- Coordinate with banks and financial institutions for fund-based and non-fund-based facilities.
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- Manage bullion and precious stone procurement financing and hedging strategies, where applicable.
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4. Team Leadership & Process Improvement

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- Supervise, mentor, and review the work of junior accounting staff.
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- Drive process improvements and automation initiatives within the finance function.
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- Develop and maintain comprehensive finance policies, SOPs, and process documentation.
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- Provide technical accounting guidance on complex transactions, mergers, acquisitions, or restructuring.
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REQUIRED QUALIFICATIONS

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Education

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Chartered Accountant (CA) from The Institute of Chartered Accountants of India (ICAI)

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Experience

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7+ years of post-qualification experience in compliance, statutory audit, and financial reporting

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Industry Exposure

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Experience in manufacturing, retail, or gems & jewellery sector preferred

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Technical Skills

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Robust knowledge of Ind AS, Indian GAAP, Income Tax, GST, and TDS provisions; working knowledge of commodity hedging for gold and silver, including forward and futures contracts

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Audit Experience

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Proven track record of managing statutory audits and liaising with external auditors

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Software Proficiency

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Advanced MS Excel; experience with Tally ERP / SAP / Oracle or similar ERP systems

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Soft Skills

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Excellent analytical abilities, attention to detail, and strong written & verbal communication

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Leadership

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Experience in team supervision and mentoring junior staff

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PREFERRED QUALIFICATIONS

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- In-depth knowledge of commodity hedging strategies for gold, silver, and other precious metals, including forward contracts and futures-based price risk management
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- Experience in financial consolidation and handling group company structures
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- Familiarity with SEZ/EOU operations and export-oriented business compliance
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- Knowledge of valuation methodologies for precious metals, diamonds, and gemstones
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- Exposure to cost accounting and transfer pricing regulations
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- Experience with RBI's Gold Monetisation Scheme or related jewellery sector schemes
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- Knowledge of hallmarking regulations and BIS compliance for jewellery.
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WHAT WE OFFER

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- Competitive compensation package aligned with industry standards and performance-linked incentives
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- Opportunity to work with a legacy brand in the premium jewellery segment
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- A collaborative work environment with clear growth pathways to Finance Manager and beyond
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- Comprehensive health insurance and employee wellness programs
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📌 Assistant Manager (Hyderabad)
🏢 Krishna Jewellers Pearls & Gems Private
📍 Hyderabad