- Manage day-to-day accounting operations including general ledger, accounts payable, and accounts receivable.
- Prepare monthly, quarterly, and annual financial statements.
- Monitor cost accounting for manufacturing operations.
- Ensure proper inventory accounting for raw materials, WIP, and finished goods.
- Maintain compliance with Indian Accounting Standards and company policies.
2. Banking Operations
- Handle banking transactions, working capital limits, and cash flow management.
- Coordinate with banks for:
- Bank Guarantees (BG) issuance and closure
- Letter of Credit (LC) documentation
- LC negotiation and tracking
- Performance Guarantees
- Maintain BG and LC registers and monitor expiry dates.
3. Taxation & Statutory Compliance
- Manage GST compliance including return filing and reconciliation.
- Handle TDS calculations, deductions, and return filings.
- Ensure compliance with Income Tax, GST, and other statutory requirements.
- Coordinate with auditors, tax consultants, and government authorities.
4. Sales Invoicing & Receivables
- Supervise customer billing and sales invoicing.
- Ensure accurate GST billing and documentation.
- Monitor accounts receivable and payment follow-ups.
- Reconcile customer accounts and outstanding balances.
5. Budgeting & Financial Planning
- Prepare annual budgets and financial forecasts.
- Monitor budget vs actual performance.
- Provide financial analysis and cost control measures.
6. Audit & Compliance
- Coordinate internal and statutory audits.
- Ensure proper documentation and financial controls.
- Maintain records for statutory inspections and compliance.
7. Team Management
- Supervise the accounts team and ensure proper workflow.
- Train team members on accounting systems and compliance procedures.
Required Qualifications
- MBA (Finance) / M.Com / B.Com with relevant experience
- Robust knowledge of manufacturing accounting practices.
Required Experience
- 510 years experience in finance and accounts, preferably in switchgear, electrical equipment, or manufacturing industry.
- Hands-on experience with:
- Bank Guarantees
- Letter of Credit (LC) documentation
- GST and taxation
- Sales invoicing
- Working capital management
- Manufacturing cost accounting
Required Skills
- Strong knowledge of GST, TDS, and statutory compliance
- Experience with ERP/accounting software (Tally, SAP, or similar)
- Excellent banking documentation knowledge
- Good analytical and financial planning skills
- Strong communication and leadership skills