We are looking for an experienced Finance Manager with 10-12 years of experience in the manufacturing industry who can independently manage the complete Finance & Accounts function of the organization. The candidate must have strong practical knowledge of bookkeeping, accounting, financial statements, taxation, costing, budgeting, MIS, cash-flow management and statutory compliance.

Key Responsibilities

1. Accounting & Bookkeeping

- Independently manage and supervise the complete day-to-day accounting and bookkeeping activities.
- Maintain and review all books of accounts accurately and systematically.
- Maintain and verify General Ledger, Party Ledger, Purchase Ledger, Sales Ledger, Cash Book and Bank Book.
- Ensure proper recording and accounting of all sales, purchases, receipts, payments, expenses and other financial transactions.
- Perform regular bank reconciliation, ledger reconciliation and vendor/customer reconciliation.
- Review journal entries, debit notes, credit notes and adjustment entries.
- Ensure proper accounting and reconciliation of accounts payable and accounts receivable.
- Ensure accuracy and completeness of accounting records and supporting documents.

2. Profit & Loss and Financial Statements

- Prepare and review Profit & Loss Account, Balance Sheet and Cash Flow Statement.
- Prepare monthly, quarterly and annual financial statements.
- Analyze revenue, expenses, gross profit, net profit and other financial parameters.
- Conduct P&L; analysis and variance analysis and report significant deviations to management.
- Ensure proper accounting of provisions, accruals, depreciation, prepaid expenses and other adjustments.
- Ensure books are properly closed within the defined timelines.

3. Manufacturing Finance & Costing

- Handle manufacturing accounting and product costing.
- Monitor raw material, WIP and finished goods valuation.
- Analyze material, labour, production and overhead costs.
- Review standard cost vs. actual cost and identify cost variances.
- Work closely with Production, Purchase and Stores departments for cost control and inventory reconciliation.




- Support management in identifying opportunities for cost reduction and profitability improvement.

4. Taxation & Statutory Compliance

- Ensure timely compliance with GST, TDS, Income Tax and other applicable statutory requirements.
- Review GST, TDS and other statutory returns before submission.
- Coordinate with statutory auditors, tax consultants and other external professionals.
- Handle tax assessments, notices and related documentation.
- Ensure proper maintenance of statutory records and financial documentation.

5. Budgeting & Financial Planning

- Prepare annual budgets and financial forecasts.
- Monitor actual performance against budget.
- Conduct budget vs. actual variance analysis.
- Prepare financial projections and cash-flow forecasts.
- Provide financial insights and recommendations to senior management.

6. Receivables, Payables & Cash Flow

- Monitor customer outstanding and ensure timely collection of receivables.
- Monitor vendor payments and manage payment schedules.
- Prepare and monitor daily/weekly/monthly cash-flow requirements.
- Maintain healthy working capital and optimize utilization of company funds.

7. Audit & Internal Controls

- Coordinate statutory, internal and tax audits.
- Ensure timely closure of audit observations.
- Establish and maintain strong internal financial controls.
- Identify financial and operational risks and recommend corrective actions.
- Ensure compliance with accounting policies and company procedures.

8. MIS & Management Reporting

- Prepare and present monthly MIS reports to management.
- Prepare reports related to sales, purchases, expenses, profitability, receivables, payables, inventory and cash flow.
- Provide accurate financial information to management for business decision-making.




- Analyze financial trends and highlight key areas requiring management attention.

9. Team Management

- Lead and supervise the Finance & Accounts team.
- Allocate responsibilities and monitor team performance.
- Review the work of accountants and ensure accuracy of accounting records.
- Train and guide team members on accounting processes, compliance and internal controls.

Mandatory Knowledge & Skills

The candidate must have strong practical and hands-on knowledge of:

- Complete bookkeeping and accounting procedures.
- Preparation and maintenance of all books of accounts.
- General Ledger, Party Ledger, Purchase Ledger and Sales Ledger.
- Cash Book and Bank Book.
- Journal Entries and Adjustment Entries.
- Trial Balance preparation and review.
- Profit & Loss Account preparation and analysis.
- Balance Sheet preparation and analysis.
- Cash Flow Statement.
- Bank reconciliation and ledger reconciliation.
- Accounts Payable and Accounts Receivable.
- Inventory and stock accounting.
- Manufacturing costing and cost control.
- Budgeting and financial planning.
- GST, TDS and Income Tax compliance.
- Audit coordination and financial controls.
- MIS preparation and financial analysis.
- ERP/accounting software and MS Excel.

Qualification

- B.Com - Mandatory
- M.Com / MBA Finance / CA / CMA will be an added advantage.

Experience

- 10-12 years of relevant experience in the Finance & Accounts function.
- Manufacturing industry experience is mandatory/preferred.
- Candidate should have independently handled accounting and finance operations in a manufacturing organization.
- Experience in manufacturing costing, inventory accounting and financial reporting will be strongly preferred.

Key Competencies

- Strong accounting and analytical skills.
- Excellent knowledge of financial statements.
- Strong understanding of manufacturing finance.
- Leadership and team-management skills.
- Positive decision-making and problem-solving ability.
- High level of accuracy and attention to detail.
- Strong communication and coordination skills.
- Integrity and confidentiality in handling financial information.

📌 Finance Manager (Pune)
🏢 KBR Manufaturing
📍 Pune