Head of Accounts - Accounts & Finance ( Food Industry) (Hyderabad)

Head of Accounts - Accounts & Finance ( Food Industry) (Hyderabad)

16 Oct
|
Connecting Chains
|
Hyderabad

16 Oct

Connecting Chains

Hyderabad

Qualification M.Com or MBA (Finance) required. CA / ICWA / CMA is an added advantage but not mandatory.

Experience 10 to 15 years in Accounts & Finance, including a minimum of 5 years in a leadership role managing a team. Prior experience in FMCG / food manufacturing preferred.

Major Role Books of accounts, statutory compliances (GST, TDS, Income Tax), MIS & budgeting, cash flow &

working capital management, costing & inventory control, audit & internal financial controls

Role Purpose To lead the Accounts & Finance function of Ravi Foods, Katedan office, ensuring accurate books,

timely statutory compliance, robust internal controls, reliable MIS & sound financial planning to support business growth.

Main Responsibilities

- Lead end-to-end accounting operations of Ravi Foods, Katedan office, including accounts payable, accounts receivable, general ledger, bank reconciliations & month-end / year-end closing within defined timelines.
- Ensure accurate & timely preparation of monthly, quarterly & annual financial statements, MIS reports &

variance analysis for management review.
- Manage statutory compliances including GST (returns, reconciliations, input credit), TDS / TCS, Income Tax,

Professional Tax, PF / ESIC & other applicable laws, ensuring zero penalties & timely filings.
- Prepare annual budgets & forecasts, track actuals against budget & highlight cost overruns & corrective actions to management.
- Manage cash flow, working capital, bank relationships, credit facilities & fund planning, ensuring timely vendor, statutory & salary payments.
- Control trade receivables & distributor / customer credit, monitor ageing & drive timely collections in coordination with Sales.
- Oversee product costing, inventory valuation, stock reconciliation,



wastage & yield analysis in coordination with Production, Stores & Purchase teams.
- Coordinate with statutory auditors, internal auditors, tax consultants & regulatory authorities, and ensure closure of audit observations & assessments.
- Establish & monitor internal financial controls, approval matrices, expense policies & SOPs to safeguard company assets & prevent leakages.
- Review & verify vendor invoices, purchase orders, fixed asset records, capex proposals & expense claims as per company policy.
- Lead, mentor & evaluate the Accounts & Finance team, defining roles, KRA-KPIs & workload allocation, and building a disciplined, reliable team.
- Escalate financial risks, compliance gaps, cash shortfalls & pending decisions to the Director with clear status notes & recommendations.

Other Work for Role & Career Growth
- Review existing accounting processes, ledgers & old pending reconciliations to identify gaps, unsupported entries & compliance risks.
- Create a compliance calendar for GST, TDS, Income Tax & other statutory due dates with owners & status tracking.
- Build a monthly MIS & dashboard covering sales, margins, costs, receivables, payables, cash position &

budget variance.
- Standardise month-end closing checklist, vendor payment cycle & expense approval workflow to reduce delays & errors.
- Strengthen ERP / accounting software usage, data accuracy & automation of recurring reports &

reconciliations.
- Develop product-wise / SKU-wise costing & profitability analysis to support pricing & cost control decisions.
- Organise digital documentation of vouchers, invoices, contracts & statutory records with proper folder structure & secure backup.
- Prepare management summaries for the Director before important payments, audits, bank discussions, tax assessments & budget reviews.

📌 Head of Accounts - Accounts & Finance ( Food Industry) (Hyderabad)
🏢 Connecting Chains
📍 Hyderabad

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