Designation - Executive/ Sr. Executive - Accounts & Finance (Plant Controlling) - Navi Mumbai.

Location - Mahape, Navi Mumbai.

Job Responsibilities-

1. Inventory & Plant Accounting Controls

- Review accounting and reconciliation of RM, PM, WIP and Finished Goods across manufacturing locations.
- Review book vs. physical inventory reconciliations and stock adjustments.
- Ensure correct accounting of stock transfers and job-work transactions.
- Identify and highlight unusual inventory movements or accounting gaps.

2. Month-End Closing & Finalisation

- Drive timely month-end closure across plants.
- Ensure adherence to cut-off procedures and timely booking of provisions and adjustments.
- Review plant trial balances and schedules before consolidation.
- Provide accurate plant-level inputs for financial finalisation.
- Coordinate closure of plant-related audit queries.

3. CWIP & Asset Capitalisation

- Maintain and monitor the CWIP register across all plants.
- Track project-wise CWIP ageing and ensure timely capitalization.
- Validate supporting documents and put-to-use criteria.
- Ensure correct classification of capital vs. revenue expenditure.
- Compute/review interest cost capitalization and deferred finance expenses.
- Ensure capitalization entries are aligned with applicable Ind AS requirements.

4. Provisions & Accrual Management





- Manage centralized control over plant-related provisions and accruals.
- Review expense provisions including utilities, freight, contractors and other operating expenses.
- Monitor GR/IR and unbilled liabilities.
- Track utilization, reversals and ageing of provisions.
- Standardize provision templates and closure timelines across plants.

5. Bill Booking & Expense Accounting

- Manage and review timely and accurate booking of vendor and expense bills across plants.
- Verify bills for appropriate accounting classification, cost centre, GL coding and supporting documentation.
- Ensure correct accounting treatment of Opex and Capex-related invoices.
- Review pending/unbooked invoices and ensure closure within defined timelines.
- Coordinate with Plant Teams, Procurement and Accounts Payable for invoice-related discrepancies and timely resolution.
- Ensure appropriate GST and TDS treatment during bill booking.
- Vendor Reconciliation and Quarterly Balance Confirmation

Preferred Candidates-

Education: CMA Inter / M.Com / CA Inter / MBA Finance

Experience: Minimum 3 years of relevant domain experience, and SAP experience. Excel knowledge, Bill Booking and TDS experience are mandatory.

Industry Preference: Manufacturing

📌 Executive/ Sr. Executive - Plant Controlling - Navi Mumbai
🏢 Walplast Products
📍 Navi Mumbai