Senior Finance and Accounts Executive

Job Summary A detail-oriented and experienced Finance and Accounts Executive Who will be responsible for day-to-day accounting, financial documentation, reconciliations, MIS, Costing, Pricing, Budgeting and ERP-based reporting in a manufacturing environment. A strong understanding of core accounting principles, manufacturing costs, inter-company transactions and ERP systems.

1. Day-to-Day Accounting Operations

- Record and process accounting entries for sales, purchases, and all types of expenses (salary, wages, travel, factory overheads, Direct and Indirect etc.)
- Prepare and post journal vouchers (JVs) as per standard accounting practices.
- Creation and documentation of Payment Vouchers, Purchase Orders (PO), Sales Orders (SO), and Goods Receipt Notes (GRN) in ERP.
- Import export Entries and consumption transactions in the ERP system including AP, AR, and general ledger entries reconciliation.
- Ensure supporting documents are maintained for all financial transactions as per accounting standards and audit requirements.

2. MIS Report, Costing, Reporting and Analysis

- Prepare and analyses MIS (Management Information System) reports to support strategic decision-making.
- Generate cash flow statements to monitor the companys liquidity position.
- Preparation of Profit and loss accounts and Balance Sheet along with notes to accounts.
- Calculation of Stock Valuation and Product Costing, Cost Analysis and prices.

3. Pricing, Discount & Credit Controls:

- Calculation of product pricing and their analysis as per market competition.
- Check and validate credit limits of customers before sales processing and control of Credit limit through deviation analysis.
- Update and upload sales prices and discount structures in ERP and ensure compliance with approved policies.

4.



Financial Transactions & ERP Record-Keeping:

- Record sales, purchases, receipts, payments, journal entries, expenses, import export Entries and consumption transactions in the ERP system
- Ensure supporting documents are maintained for all financial transactions as per accounting standards and audit requirements.
- Reconcile ledger accounts, including AP, AR, and general ledger entries reconciliation.
- Assist in periodic audit processes, ensuring all required financial documentation is in place.
- Knowledge of Import and Export, Establishment of Letter of Credits, Preparing Import and Export Documents as per the terms of Letter of Credits.
- Passing of Production entries and reconciliation of actual Production with Raw Material consumed.
- Review of Physical stock statement with Book stock and report for the variance and checking of adjustment of short/excess entries dully approved by the management.

5. Intercompany Reconciliation

- Prepare and submit intercompany transaction ledgers to unit accountants, ensuring that all intercompany transactions are documented accurately.
- Facilitate intercompany reconciliations and address any differences to maintain accurate records across business units.

6. Internal Transaction Audit and Transaction Audit Queries

- Perform comprehensive internal audit.
- Identify discrepancies or issues in transactions and recommend corrective actions to improve financial controls.




- Review and discuss transaction audit findings with the unit accountants to identify potential errors or areas for improvement.
- Work collaboratively with unit accountants to address audit queries promptly, ensuring efficient resolution and transparent communication of any adjustments needed.

7. ERP Training and Manual Process Oversight

- Conduct ERP (Enterprise Resource Planning) training sessions to help employees understand and use the system effectively for tasks related to sales, purchasing, and accounting.
- Oversee manual processes and ensure alignment with ERP procedures to optimize efficiency, reduce errors, and maintain consistency in data management across departments.

Key Skills:

- Financial Reporting and analysis
- Balance Sheet, Profit and loss accounts and cash flow statement
- MIS, Budgeting and Variance Analysis
- General Accounting, Accounts Receivable & Payable
- Ledger Scrutiny, Audit Response, Inter-company and Bank reconciliation
- Proficiency in ERP System e.g Tally and ERP,
- Cost analysis, stock valuation, and inventory reconciliation.
- Import Export and Documentation
- Banking and Treasury
- Team Supervision and Coordination
- Problem-Solving and Decision-Making
- Process Improvement and Automation
- Communication and Reporting
- Time Management and Teamwork

Other Details:

- Qualification: M. Com, CA Inter / CMA (Inter), bachelor’s in accounting and finance (Compulsory)
- Experience: 5-7 Year of relevant Experience in accounts, finance and taxation.
- CTC Range: INR 50k-70k No Fixed budget for Suitable Candidate
- Location: Marol Metro, Andheri East, Mumbai (Willing to travel out of India)
- Office Timing: 1:30 pm to 10:30 pm
- Industry: Plastic product manufacturing /Any Manufacturing Company
- Department: Finance and Accounts

📌 Senior Finance Executive (Mumbai)
🏢 Leon Industries
📍 Mumbai