- Senior Accountant / Accounts Manager – General Polytex
- - Location: Surat, Gujarat
- Industry: Textile Manufacturing
- Experience: 8–15 Years
- Department: Finance & Accounts
- Team: Will manage a team of Junior Accountants
- Employment Type: Full time
- - Key Responsibilities
- - 1. End-to-End Accounts Management
- - * Take overall responsibility for the Finance & Accounts function of General Polytex.
- * Manage, guide and review the work of the Junior Accounts team.
- * Allocate responsibilities and ensure timely completion of accounting activities.
- * Oversee day-to-day accounting operations.
- * Review journal entries, ledgers, provisions, accruals, depreciation and other accounting adjustments.
- * Ensure accurate accounts payable and receivable accounting.
- * Review bank reconciliations and major ledger reconciliations.
- * Lead monthly, quarterly and annual closing of books.
- * Identify accounting discrepancies and ensure timely resolution.
- - 2. Inventory Accounting & Reconciliation
- - Inventory reconciliation will be one of the key responsibilities of this role.
- - The candidate will oversee the complete accounting and reconciliation of:
- - * Yarn / Raw Materials
- * Greige Fabric
- * Finished Fabric
- * WIP
- * Stores & Spares
- * Packing Materials
- * Scrap & Wastage
- - Responsibilities include:
- - * Physical inventory vs. ERP vs. books reconciliation.
- * Reconciliation of opening inventory, purchases, consumption, production, sales and closing inventory.
- * Identifying and investigating inventory differences.
- * Ensuring correct inventory valuation.
- * Monitoring inventory ageing and slow-moving inventory.
- * Reviewing yarn consumption and production-related variances.
- * Working closely with Stores, Purchase, PPC and Production teams.
- * Ensuring that inventory reported in the financial statements is accurate.
- - 3. GST & Indirect Taxation
- - Take ownership of the company’s GST function, including:
- - * GSTR-1
- * GSTR-3B
- * GSTR-2B reconciliation
- * Purchase register vs. GSTR-2B reconciliation
- * Input Tax Credit reconciliation
- * GST ledger reconciliation
- * Identifying missing invoices and mismatches
- * GST notices and departmental queries
- * Coordination with external GST consultants
- * Ensuring timely and accurate GST compliance
- - 4. TDS & TCS
- - * Oversee complete TDS and TCS compliance.
- * Review calculations, deductions and accounting.
- * Ensure timely payment and return filing.
- * Reconcile TDS/TCS ledgers.
- * Handle TDS/TCS certificates and mismatches.
- * Coordinate with consultants on notices and queries.
- - 5. Manufacturing Accounting & Costing




- - * Oversee accounting for the complete textile manufacturing operations.
- * Review raw material consumption, production and inventory accounting.
- * Monitor WIP and finished goods accounting.
- * Review yarn consumption, wastage and production variances.
- * Ensure appropriate allocation of manufacturing overheads.
- * Assist in product/process costing.
- * Analyse actual vs. expected manufacturing costs.
- * Work closely with Production, PPC, Stores and Purchase teams to understand and control costs.
- - 6. Accounts Payable, Receivables & Working Capital
- - * Review customer and vendor ledgers.
- * Monitor receivables and payables ageing.
- * Ensure timely reconciliation of customer and vendor accounts.
- * Identify unusual or long-pending balances.
- * Support management in improving working capital.
- * Monitor cash flow requirements and banking transactions.
- - 7. Audit & Statutory Compliance
- - * Coordinate statutory, tax and internal audits.
- * Prepare and review audit schedules and supporting documents.
- * Respond to auditor queries.
- * Ensure audit observations are addressed.
- * Coordinate with statutory auditors, tax consultants and other professional advisors.
- * Maintain proper documentation and audit trails.
- - 8. MIS & Management Reporting
- - Prepare and review regular MIS for senior management covering:
- - * Revenue
- * Gross Margin
- * EBITDA
- * Product / Order profitability
- * Inventory
- * Receivables
- * Payables
- * Working Capital
- * Cash Flow
- * Purchase
- * Consumption
- * Production
- * Costing
- * Variance Analysis
- - The candidate should be able to understand the numbers and explain the underlying business drivers, not simply prepare reports.
- - 9. ERP & Process Improvement
- - * Ensure accurate accounting and inventory records in the ERP.
- * Review integration between Purchase, Stores, Production, Sales and Accounts.
- * Identify gaps in accounting and inventory processes.
- * Strengthen reconciliation and approval systems.
- * Improve financial reporting and MIS.
- * Develop and implement accounting SOPs and internal controls.
- * Work with the ERP team to improve accounting and inventory workflows.
- - 10. Team Management
- - * Lead and mentor the Junior Accounts team.




- * Review their work and ensure accuracy.
- * Establish clear responsibilities and reporting structures.
- * Train team members on accounting processes and controls.
- * Ensure timely completion of monthly and statutory activities.
- * Build a disciplined and accountable Finance & Accounts function.
- - Candidate Profile
- - Qualification
- - * B.Com / M.Com / CA Inter / CMA / equivalent qualification.
- * CA qualification is NOT mandatory.
- * Practical experience and strong understanding of manufacturing accounts will be given significant importance.
- - Experience
- - 8–15 years of relevant experience, preferably with substantial experience in a manufacturing organization.
- - Essential Skills & Experience
- - The candidate should have strong practical knowledge of:
- - * Manufacturing Accounting
- * Inventory Reconciliation
- * Inventory Valuation
- * GST
- * GSTR-2B Reconciliation
- * TDS & TCS
- * Ledger Reconciliation
- * Bank Reconciliation
- * Month-End Closing
- * Manufacturing Costing
- * Accounts Payable & Receivable
- * Statutory & Tax Audits
- * MIS & Management Reporting
- * ERP / Accounting Software
- * Advanced Excel
- * Team Management
- - Preferred Industry Experience
- - Candidates from:
- - * Textile / Fabric
- * Yarn
- * Garments
- * Chemicals
- * Packaging
- * Engineering
- * Other large-scale manufacturing industries
- - will be preferred.
- - What We Are Looking For
- - We are looking for someone who can own the Finance & Accounts function end-to-end.
- - You will have a team of Junior Accountants supporting you, but you will ultimately be responsible for ensuring:
- - The books are correct.
- The inventory reconciles.
- GST is properly reconciled and filed.
- TDS/TCS is compliant.
- Ledgers are clean.
- Monthly closing happens on time.
- Manufacturing costs are properly captured.
- Audits are handled efficiently.
- MIS is accurate.
- Management has confidence in the numbers.
- - The ideal candidate should be hands-on, detail-oriented, commercially aware and capable of managing people, with strong ownership and integrity.
- - This is not a pure bookkeeping role. We are looking for someone who can build, manage and take ownership of the entire accounting and financial-control function of General Polytex.
- - Career Opportunity
- - The successful candidate will work closely with senior management and have the opportunity to build a robust Finance & Accounts function for a growing textile manufacturing business, with exposure across:
- - Accounting Inventory Costing GST TDS/TCS Audit MIS Working Capital Financial Controls

📌 Senior Accountant (Surat)
🏢 General Polytex
📍 Surat