25 Aug
|
GIST Management Solutions
|
Nagpur
25 Aug
GIST Management Solutions
Nagpur
Role & responsibilities
Manager Accounts & Taxation
Industry: Steel & Wire Manufacturing
Location: Butibori near Nagpur, Maharashtra
Department: Finance & Accounts
Reporting To: Head Accounts & Finance
Experience: 1015 Years
Qualification: CA / CMA / MBA (Finance) / M.Com (Preferred)
Position Summary The Manager Accounts & Taxation will be responsible for overseeing the company's accounting operations, financial reporting, taxation compliance, audit management, budgeting, cost control, and statutory compliance. The role requires extensive experience in manufacturing accounting, inventory valuation, GST compliance, direct and indirect taxation, and financial controls within the Steel & Wire Manufacturing industry.
Key Responsibilities
1. Financial Accounting & Reporting
- Manage end-to-end accounting operations and ensure accurate maintenance of books of accounts.
- Prepare monthly, quarterly, and annual financial statements as per applicable accounting standards.
- Ensure timely closure of books and preparation of Management Information System (MIS) reports.
- Monitor General Ledger, Trial Balance, Balance Sheet, and Profit & Loss accounts.
- Review journal entries, reconciliations, and accounting controls.
2. Taxation & Statutory Compliance
- Ensure compliance with GST, TDS, Income Tax, Professional Tax, and other statutory requirements.
- Review and file GST returns (GSTR-1, GSTR-3B, Annual Returns, Reconciliations).
- Handle GST audits, departmental assessments, notices, and litigation matters.
- Ensure timely deduction and deposit of TDS and filing of quarterly returns.
- Coordinate with tax consultants and authorities for assessments and compliance matters.
- Monitor tax planning initiatives and identify tax-saving opportunities.
3.
Manufacturing Costing & Inventory Management
- Oversee product costing, cost sheet preparation, and variance analysis.
- Monitor raw material, WIP, finished goods, scrap, and inventory valuation.
- Analyze production costs and recommend cost optimization measures.
- Ensure accurate accounting of inventory transactions and stock reconciliation.
- Work closely with Production, Procurement, and Stores departments.
4. Audit & Internal Controls
- Coordinate Statutory Audit, Tax Audit, Internal Audit, and Cost Audit activities.
- Implement and strengthen internal financial controls and SOPs.
- Ensure compliance with Companies Act and other regulatory requirements.
- Address audit observations and implement corrective actions.
5. Budgeting & Financial Planning
- Assist in annual budgeting and forecasting exercises.
- Monitor budget utilization and analyze variances.
- Provide financial insights to management for strategic decision-making.
- Prepare cash flow forecasts and working capital reports.
6. Banking & Treasury Management
- Manage banking relationships and credit facilities.
- Monitor fund flow, cash flow, and liquidity requirements.
- Handle LC, BG, term loans, working capital limits, and banking documentation.
- Ensure optimum utilization of funds and control finance costs.
7. Team Management
- Lead and mentor the Accounts & Finance team.
- Allocate responsibilities and monitor team performance.
- Develop a culture of compliance, accountability, and continuous improvement.
Key Skills Required
- Strong knowledge of GST, Income Tax, TDS, and statutory compliances.
- Expertise in Manufacturing Accounting and Costing.
- Experience in Steel, Wire, Engineering, Metals, or Manufacturing industry preferred.
- Strong understanding of Inventory Accounting and Cost Audit.
- Financial Analysis, Budgeting, and MIS Reporting.
- Audit Management and Internal Controls.
- ERP Systems (SAP, Oracle, Microsoft Dynamics, Tally ERP, etc.).
- Advanced MS Excel and Financial Modeling skills.
- Excellent leadership, analytical, and communication abilities.
Desired Candidate Profile
- 1015 years of experience in Accounts, Finance, and Taxation.
- Minimum 5 years in a managerial role within a manufacturing organization.
- Exposure to Steel, Wire, Metal Processing, or Engineering industries preferred.
- Experience in handling multiple plant locations and large-volume transactions.
- Proven track record in statutory compliance, audits, and financial controls.
Key Performance Indicators (KPIs)
- Timely closure of monthly and annual accounts.
- 100% statutory compliance with zero penalties.
- Accuracy of financial reporting and MIS.
- Effective management of GST input credits and tax optimization.
- Inventory accuracy and reconciliation.
- Reduction in audit observations and compliance gaps.
- Working capital optimization and cash flow management.
- Successful completion of statutory, tax, and cost audits.
CTC Range: As per industry standards and candidate experience. Employment Type: Full time
Grade: Middle / Senior Management
📌 Manager - Accounts & Taxation (Nagpur)
🏢 GIST Management Solutions
📍 Nagpur