06 Nov
|
Krishna Jewellers - Pearls And Gems
|
Hyderabad
06 Nov
Krishna Jewellers - Pearls And Gems
Hyderabad
Full time 7+ years
JOB DESCRIPTION
Assistant Manager - Finance Department
Department: Finance | Location: Jubilee Hills, Hyderabad |
Employment Type: Full-Time |
ABOUT THE COMPANY
Krishna Jewellers Pearls Gems Pvt. Ltd. is a distinguished name in the South Indian jewellery industry, renowned for our exquisite craftsmanship, ethical sourcing, and unwavering commitment to
quality. With a legacy built on trust and excellence, we specialize in premium
gold, diamond, pearl, and gemstone jewellery. We are seeking a meticulous and experienced Chartered Accountant to lead our finance operations and ensure
robust financial governance across our manufacturing, retail, and export divisions.
POSITION OVERVIEW
We are looking for a Chartered Accountant (CA) - or a
candidate who has attempted the CA final examinations - with 7+ years of
relevant post-qualification (or equivalent) experience to join our Finance Department as an Assistant Manager. The ideal candidate will bring strong expertise in statutory compliance, audit, taxation, and financial reporting, with a solid understanding of the regulatory landscape governing the gems and
jewellery sector in India.
KEY RESPONSIBILITIES
1. Statutory Compliance Audit
Lead and coordinate statutory audits, ensuring timely
completion and strict adherence to auditing standards.
Prepare and review statutory financial statements and
related disclosures in compliance with Ind AS / Indian GAAP.
Manage all regulatory filings, including ROC compliance, MCA filings, and other statutory obligations.
Act as the primary point of contact for external
auditors, tax consultants, and regulatory authorities.
Ensure compliance with Income Tax, GST, TDS, and other
applicable tax laws; oversee preparation and filing of tax returns.
2. Financial Reporting Controls
Oversee month-end and year-end closing processes,
ensuring accuracy and timeliness of financial statements.
Prepare management accounts with detailed variance
analysis and performance commentary for senior leadership.
Maintain robust internal financial controls and ensure
adherence to accounting policies and procedures.
Manage balance sheet reconciliations and resolve
discrepancies promptly.
Support budgeting, forecasting, and cash flow planning
cycles.
3. Treasury Operations
Monitor working capital and cash flow requirements
specific to jewellery manufacturing and trading operations.
Oversee inventory valuation and reconciliation,
including precious metals, diamonds, and gemstones.
Ensure compliance with RBI regulations applicable to
the gems and jewellery sector (e.g., FEMA, export obligations).
Coordinate with banks and financial institutions for
fund-based and non-fund-based facilities.
Manage bullion and precious stone procurement
financing and hedging strategies, where applicable.
4. Team Leadership Process Improvement
Supervise, mentor, and review the work of junior
accounting staff.
Drive process improvements and automation initiatives
within the finance function.
Develop and maintain comprehensive finance policies,
SOPs, and process documentation.
Provide technical accounting guidance on complex
transactions, mergers, acquisitions, or restructuring.
REQUIRED QUALIFICATIONS
Education
Chartered Accountant (CA) from The Institute of Chartered Accountants of India (ICAI)
Experience
7+ years of post-qualification experience in compliance,
statutory audit, and financial reporting
Industry Exposure
Experience in manufacturing, retail, or gems jewellery sector preferred
Technical Skills
Strong knowledge of Ind AS, Indian GAAP,
Income Tax, GST, and TDS provisions; working knowledge of commodity hedging for gold and
silver, including forward and futures contracts
Audit Experience
Proven track record of managing statutory audits and liaising with external auditors
Software Proficiency
Advanced MS Excel; experience with Tally ERP / SAP / Oracle or similar ERP systems
Soft Skills
Excellent analytical abilities, attention to detail, and strong written verbal communication
Leadership
Experience in team supervision and mentoring junior staff
PREFERRED QUALIFICATIONS
In-depth knowledge of commodity hedging strategies for
gold, silver, and other precious metals, including forward contracts and
futures-based price risk management
Experience in financial consolidation and handling group company structures
Familiarity with SEZ/EOU operations and export-oriented business compliance
Knowledge of valuation methodologies for precious metals, diamonds, and gemstones
Exposure to cost accounting and transfer pricing
regulations
Experience with RBIs Gold Monetisation Scheme
or related jewellery sector schemes
Knowledge of hallmarking regulations and BIS compliance for jewellery.
WHAT WE OFFER
Competitive compensation package aligned with industry
standards and performance-linked incentives
Opportunity to work with a legacy brand in the premium
jewellery segment
A collaborative work environment with clear growth
pathways to Finance Manager and beyond
Comprehensive health insurance and employee wellness
programs
View role details
Responsibilities
- Own day-to-day role responsibilities
- Coordinate with internal teams
- Maintain premium service standards
This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Assistant Manager - Finance Department (Hyderabad)
🏢 Krishna Jewellers - Pearls And Gems
📍 Hyderabad