Key Responsibilities

1. Financial Reporting & Closing

- Lead monthly, quarterly, and annual financial closing activities.
- Ensure accurate preparation of P&L;, Balance Sheet, Cash Flow, Trial Balance, and management MIS.
- Review general ledger, schedules, provisions, accruals, and reconciliations.
- Ensure timely closure of books and accuracy of accounting entries.
- Prepare variance analysis against budget, forecast, and previous periods.
- Present financial performance and key observations to management.

2. Budgeting, Forecasting & MIS

- Lead annual budgeting and periodic forecasting processes.
- Prepare department-wise and business-wise budgets.
- Track budget vs. actual performance and identify significant variances.
- Develop management dashboards covering revenue, margins, expenses, receivables, inventory, cash flow, and profitability.
- Support management with financial data for business planning and decision-making.

3. Project & Product Costing

- Review costing for commercial kitchen equipment, manufacturing, and project execution.
- Monitor project-wise revenue, material cost, manpower cost, installation expenses, and profitability.
- Track cost-to-complete for ongoing projects.
- Review product costing, landed cost of imports, freight, duties, and overhead allocation.
- Support sales and project teams in pricing, margin assessment, and commercial decisions.
- Identify cost overruns and recommend corrective actions.

4. Receivables & Working Capital Control

- Monitor customer receivables and ageing across equipment sales, projects, service, AMC, and spares.
- Review long-pending and disputed receivables with Accounts, Sales, Projects, and Service teams.
- Improve collection cycles and reduce overdue outstanding.
- Monitor customer advances, retention amounts, deductions, and balance confirmations.
- Optimize working capital through better control of receivables, payables, and inventory.

5. Payables & Vendor Controls

- Review vendor payments, payment schedules, and supporting documentation.
- Ensure proper matching of PO, GRN, invoice, and approvals before payment.
- Monitor vendor ageing and payment commitments.
- Coordinate with procurement and management for cash-flow-based payment planning.
- Ensure proper accounting of advances and vendor reconciliations.
- 1. Inventory & Stores Accounting

- Monitor accounting of raw materials, finished goods, imported equipment, spare parts, and project inventory.
- Review stock valuation and inventory reconciliation.
- Coordinate with stores and operations for periodic physical stock verification.




- Identify slow-moving, obsolete, damaged, or unaccounted inventory.
- Strengthen controls over material movement and inventory documentation.

7. Taxation & Statutory Compliance

- Ensure timely and accurate compliance related to:
- GST
- TDS
- Income Tax
- PF / ESI financial reconciliation, where applicable
- ROC and other statutory requirements in coordination with consultants
- Review GST reconciliations, input tax credit, TDS entries, and statutory payments.
- Coordinate with auditors, tax consultants, and statutory authorities.
- Ensure documentation remains audit-ready.

8. Audit & Internal Controls

- Coordinate statutory, tax, and internal audits.
- Strengthen internal financial controls and approval processes.
- Identify control gaps, financial risks, and process weaknesses.
- Implement maker-checker controls for key financial transactions.
- Ensure adherence to company policies and authorization matrix.
- Support fraud prevention and financial risk-management initiatives.

9. Treasury, Banking & Cash Flow

- Prepare and monitor daily/weekly/monthly cash-flow position.
- Plan fund requirements for operations, payroll, vendors, imports, and projects.
- Coordinate with banks for working capital facilities, BGs, LCs, OD limits, and other banking requirements.
- Monitor bank reconciliations and fund utilization.
- Support management in improving liquidity and reducing unnecessary finance costs.

10. Import Finance & Landed Costing

- Coordinate with import and accounts teams for overseas supplier payments and import-related financial documentation.
- Review customs duties, freight, CHA charges, insurance, and other import costs.
- Calculate and monitor landed cost of imported equipment and spare parts.
- Support reconciliation of import transactions and related banking documentation.

11. ERP, Systems & Process Improvement

- Strengthen finance processes through ERP / accounting systems.
- Ensure proper integration between sales, purchase, inventory, projects, service, and accounts data.
- Improve automation of financial reporting and reconciliations.
- Standardize accounting processes across locations and departments.




- Develop reliable financial controls and reporting structures.

12. Team Management

- Supervise and guide the Finance & Accounts team.
- Allocate responsibilities and monitor timely completion of accounting activities.
- Review work related to billing, receivables, payables, reconciliations, taxation, and MIS.
- Train team members on accounting controls and documentation standards.
- Promote accuracy, accountability, and timely closure within the department.

Required Skills & Competencies

- Strong knowledge of financial accounting, reporting, and controllership.
- Expertise in Balance Sheet, P&L;, Cash Flow, budgeting, forecasting, and MIS.
- Strong understanding of project costing, product costing, and manufacturing finance.
- Practical knowledge of GST, TDS, taxation, audits, and statutory compliance.
- Experience in receivables, payables, inventory, and working capital management.
- Solid analytical and financial modelling skills.
- Ability to identify financial risks and strengthen internal controls.
- Advanced knowledge of MS Excel.
- Hands-on experience with ERP / SAP / Tally or similar financial systems.
- Strong coordination, leadership, and stakeholder-management skills.
- High level of accuracy, integrity, confidentiality, and ownership.

Educational Qualification

- Chartered Accountant (CA) / CMA.
- MBA Finance (preferred) / M.Com with strong relevant controllership experience may also be considered.
- Additional certification in financial modelling, taxation, ERP, or data analytics will be an advantage.

Experience

- 8 to 12 years of relevant experience in Finance & Accounts.
- Minimum 35 years in a senior finance / controllership / finance-manager role preferred.
- Experience in manufacturing, engineering, equipment, project-based, or multi-location organizations will be strongly preferred.
- Exposure to project costing, inventory accounting, imports, service/AMC business, and commercial operations will be an advantage.

Preferred Industry Exposure

- Commercial kitchen equipment
- Manufacturing / engineering
- Project execution and installation
- Imported machinery/equipment
- Service and AMC operations
- Spare-parts business
- Multi-location business operations

Key Skills Financial Controllership, Financial Reporting, Balance Sheet, P&L;, Cash Flow, Budgeting, Forecasting, MIS, Project Costing, Product Costing, Working Capital, Receivables, Payables, Inventory Accounting, GST, TDS, Audits, Internal Controls, Treasury, Banking, Import Costing, ERP, Advanced Excel, Financial Analysis.

📌 Financial Controller (Gurugram)
🏢 kumar equipment
📍 Gurugram