Hiring: Factory Accountant

Are you an experienced accounting professional with a strong understanding of manufacturing finance, inventory management, and statutory compliance? We are looking for a Factory Accountant to manage and strengthen the financial operations of our manufacturing unit.

Key Responsibilities:

Maintain accurate books of accounts for factory operations

Manage accounting for purchases, sales, expenses, receipts, payments, and journal entries

Perform monthly account closing and prepare factory-level financial statements

Handle inventory accounting including raw materials, WIP, packing materials, and finished goods

Reconcile physical stock with book records and investigate inventory variances

Monitor production costs, material consumption, labor costs, and factory overheads

Conduct cost analysis and variance reporting against budgets and standards

Manage Accounts Payable and Accounts Receivable processes

Verify supplier invoices, monitor vendor balances, and reconcile accounts

Ensure accurate sales accounting and customer reconciliations

Manage cash transactions, bank reconciliations, and petty cash controls

Support GST, TDS, E-invoicing, E-way bill compliance, and statutory filings

Maintain fixed asset registers, capitalization records, and depreciation schedules

Coordinate with Production, Stores, Purchase, HR, and Sales teams for financial control

Prepare monthly MIS, Flash Reports,



Budget vs Actual analysis, and management reports

Support internal, statutory, tax, and cost audits while ensuring compliance with company policies and internal controls

Key Skills:

- Factory Accounting
- Cost Accounting
- Internal Audit, Statutory Audit , Tax Audit
- Inventory Management
- GST & TDS Compliance
- Accounts Payable & Receivable
- Financial Reporting & MIS
- Bank Reconciliation
- Budgeting & Cost Control
- Audit Coordination
- ERP Systems (SAP/Tally/Oracle preferred)
- Manufacturing Finance

Key Performance Indicators (KPIs):

Accuracy and timeliness of factory accounts

Timely monthly closure of books

Inventory reconciliation accuracy

Reduction in stock discrepancies

Accurate production cost reporting

Timely statutory compliance (GST, TDS, etc.)

Ideal Candidate:

- Bachelor's degree in Commerce, Accounting, or Finance
- CA Inter / CMA Inter
- Experience in manufacturing or factory accounting workplace
- Strong analytical and reconciliation skills
- Good understanding of inventory controls and cost accounting

Interested candidates can share their updated resume or connect directly for more details.

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📌 Factory Accountant (Chennai)
🏢 GoodSpace AI
📍 Chennai